This study sought to determine the impact of
financial inclusion on GDP per-capita for Zimbabwe.
The variables of the study were GDP per-capita, deposit
interest rate, lending interest rate, domestic loans, and
bank deposits. The study used data for the period 1980
to 2019 obtained from World Bank and Reserve Bank of
Zimbabwe databases. The VECM model was adopted.
The results suggest that there is statistically significant
relationship between Financial Inclusion and GDP percapita in Zimbabwe. Basing on the results, the study
recommends that government must pursue financial
inclusion policies which are consistent with growth. The
government must remove barriers to financial services
and products with every sense of objectivity, economic
management dexterity and in line with global best
practices. The government must, therefore, adopt the
best economic management policies to guide the national
financial inclusion strategy (NFIS), that is, international
best practices and policies in guiding domestic financial
system reforms in order to ensure maximum benefits of
such policies to the economy. The government must
formulate a strategy that will identify policies that are
hurting the economy and reverse such by adopting a
more pragmatic approach.
Keywords : Financial Inclusion, GDP per-capita, VECM