Zambia Government Debt: % of GDP

Key information about Zambia Government Debt: % of GDP

• Zambia Government debt accounted for 40.9 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 42.5 % in the previous year.
• Zambia government debt to GDP ratio data is updated yearly, available from Dec 2014 to Dec 2023.
• The data reached an all-time high of 45.5 % in Dec 2021 and a record low of 13.5 % in Dec 2015.

CEIC calculates annual Government Debt as % of Nominal GDP from monthly Government Debt and annual Nominal GDP. The Ministry of Finance and National Planning provides Government Debt as the principal amount of domestic debt stock for T-Bills and Bonds in local currency. Zambia Statistics Agency provides Nominal GDP in local currency. The Bank of Zambia average market exchange rate is used for currency conversions.

The country's Nominal GDP reached 28.2 USD bn in Dec 2023.

View Zambia's Government Debt: % of GDP from 2014 to 2023 in the chart:

What was Zambia's Government Debt: % of GDP in 2023?

Zambia Government debt accounted for 40.9 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 42.5 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
40.9 2023	42.5 2022	13.5 2015	45.5 2021	%	yearly	2014 - 2023

Government Debt: % of GDP by Country Comparison

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