The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Zimbabwe  
Rank: 102 · Score: 26.4  

Basic facts        
Population (millions) 16.3   IPOs and pulic issues (quartile) 3rd
GDP (US$ billions) 25.6   M&A volume (quartile) 2nd
GDP per capita (US$) 1,570.9   Venture capital investments (quartile) 2nd
GDP growth (per cent) 2.5   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 102 20, 22, 21, 22, 23 26.4
1 Economic Activity 102 20, 28, 29, 24, 23 59.5
2 Depth of Capital Market 95 31, 31, 30, 26, 30 13.3
3 Taxation 96 25, 21, 38, 33, 29 72.8
4 Investor Protection and Corporate Governance 113 7, 9, 11, 12, 12 37.7
5 Human and Social Environment 116 6, 7, 8, 8, 9 18.1
6 Entrepreneurial Opportunities 103 23, 21, 22, 24, 22 30.7


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
Zimbabwe  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Senegal 70.4 13.4 54.4 42.7 30.4 27.0
Malawi 59.3 12.1 64.8 45.2 25.7 34.4
Algeria 69.5 8.2 87.6 48.6 29.0 40.8
Zimbabwe 59.5 13.3 72.8 37.7 18.1 30.7
Burkina Faso 63.9 8.8 66.4 39.5 29.2 19.2
Ethiopia 78.7 5.4 64.5 25.5 25.3 35.7
Madagascar 62.7 6.7 97.1 36.8 22.5 23.7
Last updated: 4 Nov 2023