Macroeconomics Division

Macroeconomics

The Macroeconomics Division focuses on providing comprehensive data on national economic indicators that shape Zimbabwe’s economic environment. The division’s role is crucial in delivering data that influences government policy, financial markets, and investment strategies.

Key Functions

National Accounts: Providing GDP estimates, balance of payments, and national income statistics.
Inflation and Price Indices: Calculating consumer price indices (CPI), producer price indices (PPI), and inflation trends.international standards;
Labor Market Statistics: Providing employment, unemployment, and wage data to inform social and economic policies.
Provide technical advice on methodologies related to macroeconomic statistics to other directorates in accordance with international standards;
Collect, analyze, and disseminate macroeconomic statistics.

Consumer Price Index (CPI)

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GDP is the total monetary value of all goods and services produced within a country’s borders over a specific period.
Quarterly GDP refers to GDP data calculated every three months, providing short-term insights into economic performance.

GDP Production Approach

It follows the formula:

GDP=∑(Gross Value Added)+Taxes− Subsidies

where Gross Value Added (GVA) is the difference between output and intermediate consumption.

Data Products



GDP Reports and Economic Reviews

Regular updates on the performance of Zimbabwe’s economy.



Inflation Reports and Price Trends

Regular updates on the performance of Zimbabwe’s economy.



Labor Force Survey Reports

Quarterly Detailed data on employment, salaries, and labor market trends.



External Trade Analysis and Trends

External trade analysis, Monthly report monitoring exports, and imports.

Departments under Macroeconomics Division

National Accounts

The National Accounts Unit is responsible for compiling and analyzing key macroeconomic indicators that measure the overall economic performance of the country. By producing reliable and timely national accounts data, we provide critical insights for policymakers, businesses, and researchers. Read more…

International Trade

The International Trade Unit is responsible for collecting, analyzing, and disseminating trade-related statistics. Our data provides valuable insights into the country’s trade performance, economic growth, and global market engagement. By adhering to international standards, we ensure accurate and reliable trade statistics for policymakers, businesses, and researchers. Read more…

Labour Market

The Labor Statistics Unit is responsible for collecting, analyzing, and disseminating data on employment, salaries, and labor market trends. Our work supports policymakers, businesses, and researchers in making informed decisions that impact workforce planning and economic development. Read more…

Prices

The Prices is responsible for collecting, analyzing, and disseminating data on price movements and inflation trends. Our work provides essential insights into the cost of living, economic stability, and purchasing power, supporting policymakers, businesses, and the general public in making informed financial decisions. Read more…