Economy of Zambia. Statistics, Data and Indicators
Zambia
| 34B | Credit rank #83 |
| N/A | Quality of life # |
| 116 | Corruption rank#102 |
| 85 | Ease of doing business#86 |
Zambia Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 22.15 USD Billion | 2021 |
| GDP Annual Growth Rate | 5.3 % | 2022 |
| GDP per capita | 1258 USD | 2021 |
| Inflation Rate YoY | 9.4 % | Jan/23 |
| Interest Rate | 9 % | Dec/22 |
| Unemployment Rate | 13 % | 2021 |
| Balance of Trade | 2774 ZMK Million | 2.774 B USD | Nov/22 |
| Current Account | 224 USD Million | 0.224 B USD | 3Q/22 |
| Government Debt | 13041 USD Million | 13.041 B USD | 2021 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 22.15 USD Billion | 2021 |
| GDP Annual Growth Rate | 5.3 % | 2022 |
| GDP per capita | 1258 USD | 2021 |
| GDP Constant Prices | 424269 ZMW Thousand | 0.424 B USD | 2021 |
| GDP per capita PPP | 3237 USD | 2021 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 123 % | 2021 |
| Government Debt | 13041 USD Million | 13.041 USD Billion | 2021 |
| Government Budget to GDP | -9 % | 2021 |
| Military Expenditure | 283 USD Million | 0.283 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 377 index points | Jan/23 |
| Food Inflation | 11.6 % | Jan/23 |
| Inflation Rate YoY | 9.4 % | Jan/23 |
| Inflation Rate Mom | 2.1 % | Jan/23 |
| CPI Housing Utilities | 386 Index Points | Jan/23 |
| CPI Transportation | 456 Index Points | Jan/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 11.1 % | 2021 |
| Balance of Trade | 2774 ZMK Million | 2.774 USD Billion | Nov/22 |
| Capital Flows | -183 USD Million | -0.183 B USD | 3Q/22 |
| Current Account | 224 USD Million | 0.224 USD Billion | 3Q/22 |
| Exports | 14696 ZMK Million | 14.696 USD Billion | Dec/22 |
| External Debt | 8174 USD Million | 8.174 B USD | 2021 |
| Imports | 15156 ZMK Million | 15.156 USD Billion | Dec/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 9 % | Dec/22 |
| Money Supply M3 | 124581184 ZMK Million | 124581.18 B USD | Nov/22 |
| Deposit Interest Rate | 8.11 % | Jun/21 |
| Foreign Direct Investment | 71.5 USD Million | 0.072 B USD | 3Q/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 13 % | 2021 |
| Living Wage Family | 4090 ZMW/Month | 4090 USD/Month | 2017 |
| Living Wage Individual | 2230 ZMW/Month | 2230 USD/Month | 2017 |
| Wages High Skilled | 8810 ZMW/Month | 8810 USD/Month | 2017 |
| Wages Low Skilled | 1760 ZMW/Month | 1760 USD/Month | 2017 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2022 |
| Personal Income Tax Rate | 37.5 % | 2022 |
| Sales Tax Rate | 16 % | 2022 |
| Social Security Rate | 10 % | 2022 |
| Social Security Rate For Companies | 5 % | 2022 |
| Social Security Rate For Employees | 5 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Electricity Production | 3702 GWh | 4Q/17 |
| Industrial Production | % | 1Q/19 |
| Mining Production | -1.4 % | 3Q/17 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 33 index points | 2022 |
| Corruption Rank | 116 place | 2022 |
| Ease of Doing Business | 85 place | 2019 |
| Manufacturing Production | 0 % | 3Q/17 |
| Competitiveness Index | 46.51 Index Points | 2019 |
| Competitiveness Rank | 120 | 2019 |
| Composite PMI | 48.3 Index Points | Dec/22 |
