Ivan Zhakata
Herald Correspondent
Zimbabwe’s economy has recorded a strong rebound in the third quarter of 2025 with Gross Domestic Product growing by 9,64 percent year-on-year, up from 2,28 percent recorded during the same period in 2024, the Zimbabwe National Statistics Agency has said.
In its Quarterly GDP Estimates for Q3 2025, released yesterday, ZimStat said the improved performance reflected a recovery across key productive and service sectors of the economy.
“Zimbabwe’s Gross Domestic Product (GDP) at constant prices recorded a growth rate of 9,64 percent on a year-on-year basis in the third quarter of 2025, an improvement from the 2,28 percent growth recorded in the same quarter in 2024,” reads the statement.
On a quarterly basis, GDP at constant prices increased by 0,36 percent, with ZimStat saying the growth was supported by “incremental improvements in production and service delivery across several industries” despite contractions in a few sectors.
At current prices, GDP for the third quarter stood at ZWG 413 billion up from ZWG 392,8 billion recorded in the second quarter of 2025, indicating increased nominal economic activity during the period.
ZimStat said the recovery was largely driven by a rebound in agriculture, which recorded a 62,7 percent year-on-year growth in the third quarter, compared to a 34,01 percent contraction in the same period last year following the effects of drought.
“Agriculture showed a recovery following the drought-affected performance of 2024,” the Agency said.
Mining and quarrying, the largest contributor to GDP, accounted for 15.1 percent of total value added and grew by 9.87 percent year-on-year, while manufacturing expanded by 6.95 percent, supported by increased industrial output.
Construction also posted growth of 15.37 percent, driven by higher building activity and cement sales.
The electricity sector recorded a 13.63 percent annual growth, reflecting improved power generation, while services such as finance and insurance, transport and storage, and information and communication contributed positively to overall economic growth.
However, ZimStat said some sectors recorded contractions.
Accommodation and food services declined by 15.53 percent, while arts, entertainment and recreation and activities of households as employers also registered negative growth.
“Contractions were observed in Accommodation and Food, Activities of Households as Employers and Arts, Entertainment and Recreation,” ZimStat said.
Overall, the Agency said the Q3 results point to a broad-based economic recovery, with growth recorded across most productive and service industries during the period.
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