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FACTBOX-Zimbabwe's meltdown in figures
03 Dec 2008 11:09:36 GMT
Source: Reuters
Dec 3 (Reuters) - Below are some details of Zimbabwe's decline in figures:

* INFLATION

Inflation reached 231 million percent a year in July, the latest month for which a figure has been announced. Economists think it is now much higher and say prices are doubling daily.

* GDP

Gross domestic product has fallen every year since 2000, down 10.4 percent in 2003 alone. The IMF estimated that the economy shrank 6.1 percent in 2007.

Per capita GDP was estimated at $200 in 2007, from nearer $900 in 1990. Zimbabwe has the world's fastest shrinking economy for a country not at war, according to the World Bank.

* INCOME

An estimated 83 percent of the population was living on below $2 a day by 2005. Since then, the situation has only worsened.

* EXPORTS

Exports averaged 33.5 percent of GDP between 1997 and 2001. UBS forecast this would decline to 9.9 percent in 2007.

* AGRICULTURE

Once the breadbasket of southern Africa, Zimbabwe now needs to import maize. The U.N. agricultural production index for Zimbabwe fell from nearly 107 in 2000 to just over 74 in 2005.

Official figures show maize production at 800,000 tonnes last season against national demand of 2 million tonnes.

* GOLD

Gold output, which accounts for a third of export earnings, hit a low of 125 kg in October, from a peak of 2,400 kg, as the economic crisis forced mines to close.

* UNEMPLOYMENT

Unemployment is estimated at over 90 percent. Well over 3 million Zimbabweans are thought to have fled, mostly to South Africa, in search of work and food.

* AID

Aid agencies say 5 million people -- almost half the population -- might need food aid by early 2009.

* IMF ARREARS

Zimbabwe fell into arrears with the International Monetary Fund in 2001. In February 2008, it owed $88 million, of which nearly $80 million has been in arrears for three years or more. While Zimbabwe has averted expulsion, the IMF has suspended financial and technical assistance.

* LIFE EXPECTANCY

Average life expectancy fell from 63 years in 1990 to 40.9 years in 2005, according to U.N. figures.

The mortality rate for children under five rose to 132 deaths per 1,000 in 2005 from 76 deaths in 1990.

* CHOLERA

The official death toll from a cholera epidemic since August is at least 565 with over 12,500 infected, according to the U.N. Office for the Coordination of Humanitarian Affairs in Zimbabwe.

* HIV/AIDS

In 2007, HIV prevalence was 15.6 percent among adults aged 15 to 49 -- the fourth highest in the world. It causes the death of about 3,200 people per week in the country of 13.3 million.

HIV prevalence among pregnant women at clinics actually fell from 26 percent in 2002 to 18 in 2006, but some put that down to high mortality and emigration rather than prevention measures.

* ANTHRAX Save the Children said an anthrax outbreak in the south west has killed three people and could wipe out at least 60,000 livestock.

Sources: UBS, Reuters, WFP, World Bank, Unicef, UNDP, IMF, CIA World Factbook;


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Cholera patients rest on their beds inside the male ward of Budiriro Polyclinic in Harare December 1, 2008. Zimbabwe's health minister has warned that a cholera outbreak which has killed more ...



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Last updated:Wed Dec 3 12:31:01 2008