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Economy of Zambia. Statistics, Data and Indicators

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Zambia
34B Credit rank #83
N/A Quality of life #
116 Corruption rank#102
85 Ease of doing business#86
Zambia


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



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