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TOOL · GROSS COST

How much would a basic income cost in Zimbabwe?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 9,588,258child population 6,752,564year 2023World Bank WDI

GROSS ANNUAL COST

124,460 million

in ZWGZWG 124,459,584,000

Equal to 0.1% of reference GDP

Population covered: 16,340,822 people

Adults: 9,588,258 × ZWG 800 × 12 = ZWG 92,047,276,800

Children: 6,752,564 × ZWG 400 × 12 = ZWG 32,412,307,200

ZWG 92,047,276,800 + ZWG 32,412,307,200 = ZWG 124,459,584,000

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $35,871,781,303 · World Bank WDI

Currency ZWG · exchange rate 3,509.1722 ZWG/USD (2023)

Converted cost $35,466,935 for the GDP share.