FACTBOX: Zimbabwe's meltdown in figures

Mon Mar 31, 2008 7:27am EDT
 
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(Reuters) - Zimbabwe's economy lies in ruins with the world's highest inflation, chronic food shortages and queues for bread as long as those of people voting in the country's crucial election on Saturday.

Below are some figures showing how the economy has declined and the difficulties suffered by ordinary Zimbabweans.

INFLATION

In 1987 inflation averaged 11.9 percent. It surged to an official record of 100,586 percent in January 2008, but economic experts say the real rate is much higher.

LIFE EXPECTANCY

Average life expectancy dropped from 63 years in 1990 to 37.3 years in 2005, according to World Bank and U.N. figures.

HIV/AIDS

In 2007, Zimbabwe had an HIV prevalence of 15.6 percent among adults aged 15-49 years -- the fourth-highest rate in the world. The United Nations Development Program says the epidemic causes the death of around 3,200 people per week. The population is 13 million.

CHILD MORTALITY RATE

Zimbabwe's mortality rate for children under five was 76 deaths out of every 1,000 in 1990. This increased to 105 in 2006.

MALNUTRITION

The World Food Program says 83 percent of Zimbabweans live on less than $2 per day and that 45 percent of the population are malnourished.

GDP

Zimbabwe's Gross Domestic Product has contracted each year since 2000, the biggest decline in 2003 when it fell 10.4 percent. The IMF estimates that GDP will fall by 4.5 this year.

IMF ARREARS

Zimbabwe first fell into arrears with the International Monetary Fund in August 2001. As of February 29, it owed $88 million, of which $79.64 million has been in arrears for three years or more.  Continued...

 

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