Zimbabwe’s current account surplus is projected to reach US$3.5 billion in 2026, driven by solid export performance, strong remittance inflows, and sustained macroeconomic stability, official figures reveal.

According to the Reserve Bank of Zimbabwe (RBZ), the projected current account expansion underscores the continued strengthening of the country’s external sector position, providing crucial foreign exchange buffers for the domestic financial system.

RBZ Governor Dr John Mushayavanhu said the current account recorded a surplus of US$1.1 billion in the first half of 2026, an improvement from the US$248.2 million recorded in the corresponding period of 2025.

The expanding current account surplus reflects ongoing structural stability in foreign exchange inflows, supported by diaspora remittances and mining exports.

The strong external balance has helped anchor exchange rate stability for the local currency, the ZiG, while containing imported inflationary pressures across key supply chains.

The central bank noted that the macroeconomic environment remains supported by declining domestic price pressures, allowing monetary authorities room to foster economic growth through affordable commercial credit.

Dr Mushayavanhu said the central bank will continue monitoring emerging external and environmental risks, including global commodity price shifts and potential El Niño climate patterns forecasted for the 2026/27 agricultural season.