Inflation Zimbabwe 2020
Average inflation: 621.5%
Current Inflation
Inflation is very high at 621.5%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 837.6%. The lowest inflation was in December at 348.6%.
- Highest month
- July: 837.6%
- Lowest month
- December: 348.6%
- Difference
- 489.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 339.1%. The lowest price increase was in Energy with an average of 339.1%.
- Highest increase
- Energy: 339.1%
- Lowest increase
- Energy: 339.1%
Historical Context
Current inflation is 447.8% higher than the 5-year average of 173.7%. This approaches the highest level since records began (621.5% in 2020).
- 5-year average
- 173.7%
- 10-year average
- 87.5%
- All-time high (2020)
- 621.5%
- All-time low (2015)
- -2.4%
Trend
Inflation shows an upward trend. Compared to 2019, inflation has risen by +384.3 percentage point.
- Change vs. previous year
- +384.3 percentage points
- Largest monthly swing
- April: +690.0 percentage points
ECB Target
Inflation is 619.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €721.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 473.1% | +416.2 |
| February | 540.2% | +480.7 |
| March | 676.2% | +609.4 |
| April | 765.9% | +690.0 |
| May | 785.2% | +687.1 |
| June | 737.3% | +561.6 |
| July | 837.6% | +607.1 |
| August | 761.0% | +472.5 |
| September | 659.4% | +306.4 |
| October | 471.3% | +31.2 |
| November | 401.6% | -79.1 |
| December | 348.6% | -172.6 |
| Average | 621.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.