WB trims Zim’s 2025 growth forecast by 0.2 percentage points

By ETimes

HARARE – The World Bank (WB) has revised downward its 2025 economic growth projection for Zimbabwe to 6.0%, from the 6.2% forecast it issued in January this year.

Despite this 0.2 percentage-point reduction, the revised figure remains aligned with the Treasury’s 6% growth forecast for the year.

Last year, Zimbabwe’s economy was estimated to have grown by 2%.

“Growth in non-resource-rich countries dropped to 5.7% in 2024, mainly driven by a slowdown in Kenya—where growth eased to 4.7% as construction softened, and Zimbabwe—where growth more than halved to 2% due to a steep decline in agricultural output,” WB said in its Global Economic Prospects June 2025 report.