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Zimbabwe - Overseas Development Institute

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F i n a l l y the data from Figure 21, showing the annual v a r i a ­<br />

t i o n s i n GDP, MVA and AVA ( A g r i c u l t u r a l Value Added), need to be<br />

considered. Consistent with the data from Figure 20, these<br />

r e v e a l the f a r greater v o l a t i l i t y i n a g r i c u l t u r a l production than<br />

i n e i t h e r manufacturing or i n o v e r a l l GDP over the past 16 years.<br />

However there does appear to be a c l o s e r r e l a t i o n s h i p between<br />

annual changes i n a g r i c u l t u r a l and manufacturing growth before<br />

and a f t e r Independence: before Independence the annual changes<br />

i n the two sectors r e v e a l no d i s c e r n i b l e common pattern but a f t e r<br />

that date there i s f a r c l o s e r movement d i s c e r n i b l e between a l l<br />

three i n d i c a t o r s and i n the same d i r e c t i o n .<br />

Figure 21. Annual Changes in Gross Domestic Product, Kanufacturinq<br />

Value Added and Agricultural Value Added, 1970 to 1986.<br />

-| 1 1 1 1 1 1 1 1 1 1 -T"<br />

70-7171-7272-7373-7474-7S75-7676-7777-7S78-7S79-8Q30-8181-82B2-aB3-6«4-65e5-f<br />

Years<br />

O Ajnc VoliJe Added<br />

Source: Quarterly Monthly Digest of Statistics, December 1986 and<br />

National Income and Expenditure Report 1986.

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