Location: Southern Africa
Capital: Harare
Population (2012): 12,619,600
Surface area: 390,757 sq km
Currency: Zimbabwean Dollar
GDP per capita (2011): US $ 695
Economy – Overview:
Following a decade of contraction, Zimbabwe’s economy recorded real growth of more than 9% per year in 2010-11, before slowing to 5% in 2012, due in part to a poor harvest and low diamond revenues. But the government of Zimbabwe still faces a number of difficult economic problems, including a large external debt burden and insufficient formal employment. The EU and the US provide food aid on humanitarian grounds, though on a smaller scale than before. Until early 2009, the Reserve Bank of Zimbabwe routinely printed money to fund the budget deficit, causing hyperinflation. The power-sharing government formed in February 2009 has led to some economic improvements, including the cessation of hyperinflation by eliminating the use of the Zimbabwe dollar and removing price controls.
Human Development Index ranking (2012): 172 out of 186
Net Official Development Assistance (ODA) (2011): US $ 7.4 million
Top Three Donors of gross ODA: United States, United Kingdom, EU Institutions
FDI inflows (2012): $ 400 million
Total External Debt (2011): US $ 6.2 billion
External debt stock (% of GNI) (2011): 64.8
Merchandise exports (2011): US$ 3,512 million
Terms of trade index (2012): 105
Major export commodities: Unused postage, Nickel mattes, Unmanufactured tobacco
Cost to export per container (2013): US $ 3,280
HIPC Position (2013): Not eligible
United Nations Membership date: 25 August 1980
New York Mission:
Address: Permanent Mission of the Republic of Zimbabwe to the United Nations
128 East 56th Street, New York, N.Y. 10022
Telephone: (212) 980-9511, -5084, -6667, -6683
Telefax: (212) 308-6705
e-mail: zimnewyork@gmail.com
Correspondence: English
National holiday: 18 April