Zimbabwe's economy grows by 9.64 pct in Q3 2025


HARARE, Dec. 24 (Xinhua) -- Zimbabwe's economy grew by 9.64 percent year on year in the third quarter of 2025, up from 2.28 percent recorded in the same period last year, the Zimbabwe National Statistics Agency (ZIMSTAT) said Wednesday.

Grown Chirongwe, national accounts manager at ZIMSTAT, told a press briefing in Harare, the country's capital, that the positive performance reflects a broad-based recovery across key industries of the economy, supported by improved production conditions and rising activity in both goods-producing and services industries.

He said the growth was driven by strong performance in sectors such as mining and quarrying, manufacturing, finance and insurance, wholesale and retail trade, and agriculture.

In a statement issued by the International Monetary Fund in November, the agency said Zimbabwe's economic recovery in 2025 is stronger than previously anticipated, and the economy is expected to maintain strong momentum in 2026.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

US carrying out rescue effort after losing aircraft in Iraq, US military says
North Korea says Japan's missile expansion is raising regional security risks
Latvia's ex-president warns of U.S. trade weaponization
Chinese author highlights power of cross-cultural travel, AI in writing at London Book Fair
Iran not going to close Strait of Hormuz, Iran UN envoy says
Polish president vetoes EU defence loan bill
Colombia's Petro, Trump spoke on phone, Trump said Petro welcome in U.S
UN mission says Venezuela's repressive apparatus persists after Maduro ouster
Canada, Mexico say trilateral deal is key ahead of talks to review USMCA
U.S. stocks close lower

Others Also Read