Zimbabwe – Fast Facts
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Zimbabwe is a Lower income economy comes under the Sub Saharan African region, as to the classification made by the World Bank on the basis of income and region for the year 2006.
Political instability and inflationary pressure have acted as the major threats to the country’s economy. The economy of the country largely depends upon the agricultural sector. Services constitute the largest share in the total GDP.
Zimbabwe is a Lower income economy comes under the Sub Saharan African region, as to the classification made by the World Bank on the basis of income and region for the year 2006.
Political instability and inflationary pressure have acted as the major threats to the country’s economy. The economy of the country largely depends upon the agricultural sector. Services constitute the largest share in the total GDP.
Major agricultural products in the country are maize, tobacco and cotton. Important industries in the country are textiles, metals, engineering, and food processing. The country is rich in the minerals such as nickel, copper, gold, and asbestos.
