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Zambia Real GDP Growth

2015 - 2017 | Quarterly | % | CEIC Data

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The Gross Domestic Product (GDP) in Zambia expanded 3.3 % YoY in Sep 2017, following a growth of 3.2 % in the previous quarter. Real GDP Growth YoY data in Zambia is updated quarterly, available from Mar 2015 to Sep 2017, with an average rate of 3.2 %. The data reached an all-time high of 4.7 % in Jun 2016 and a record low of 1.3 % in Dec 2015. The Ministry of Finance provides quarterly Real GDP Growth at 2010 prices.

In the latest reports, Nominal GDP of Zambia reached 17.1 USD bn in Dec 2019. Its GDP deflator (implicit price deflator) increased 3.9 % in Dec 2019. GDP Per Capita in Zambia reached 1,375.3 USD in Dec 2015. Its Gross Savings Rate was measured at 34.5 % in Dec 2015.

What was Zambia's Real GDP Growth in Sep 2017?

Last	Previous	Min	Max	Unit	Frequency	Range
3.3 % Sep 2017 quarterly Mar 2015 - Sep 2017	3.2 % Jun 2017 quarterly Mar 2015 - Sep 2017	1.3 Dec 2015	4.7 Jun 2016	%	quarterly	Mar 2015 - Sep 2017 Updated on 11 Sep 2020

Real GDP Growth by Country Comparison

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Asia and Oceania

Europe and Central Asia

Middle East and Africa

North and South America

Country/Region	Last	Frequency	Range
Albania (%)	-11.0 Jun 2020	quarterly	Mar 2010 - Jun 2020
Algeria (%)	-3.9 Mar 2020	quarterly	Mar 2012 - Mar 2020
Argentina (%)	-19.8 Jun 2020	quarterly	Mar 2005 - Jun 2020
Armenia (%)	-13.7 Jun 2020	quarterly	Mar 2001 - Jun 2020
Australia (%)	-6.3 Jun 2020	quarterly	Sep 1960 - Jun 2020
Austria (%)	-14.5 Jun 2020	quarterly	Mar 1989 - Jun 2020
Azerbaijan (%)	0.2 Mar 2020	quarterly	Mar 2001 - Mar 2020
Bahrain (%)	-8.9 Jun 2020	quarterly	Mar 2009 - Jun 2020
Bangladesh (%)	5.2 2020	yearly	2007 - 2020
Belarus (%)	-3.3 Jun 2020	quarterly	Mar 2006 - Jun 2020
Belgium (%)	-5.2 Sep 2020	quarterly	Mar 1996 - Sep 2020
Bolivia (%)	-21.7 Jun 2020	quarterly	Mar 1991 - Jun 2020
Bosnia and Herzegovina (%)	-9.3 Jun 2020	quarterly	Mar 2009 - Jun 2020
Botswana (%)	-24.0 Jun 2020	quarterly	Mar 1995 - Jun 2020
Brazil (%)	-11.4 Jun 2020	quarterly	Mar 1997 - Jun 2020
Brunei (%)	2.8 Jun 2020	quarterly	Mar 2005 - Jun 2020
Bulgaria (%)	-8.6 Jun 2020	quarterly	Mar 1996 - Jun 2020
Cambodia (%)	7.1 2019	yearly	1994 - 2019
Canada (%)	-13.0 Jun 2020	quarterly	Mar 1962 - Jun 2020
Chile (%)	-13.7 Jun 2020	quarterly	Mar 1987 - Jun 2020
China (%)	4.9 Sep 2020	quarterly	Mar 1992 - Sep 2020
Colombia (%)	-15.5 Jun 2020	quarterly	Mar 2001 - Jun 2020
Croatia (%)	-15.1 Jun 2020	quarterly	Mar 1996 - Jun 2020
Cyprus (%)	-12.3 Jun 2020	quarterly	Mar 1996 - Jun 2020
Czech Republic (%)	-10.9 Jun 2020	quarterly	Mar 1996 - Jun 2020
Denmark (%)	-7.7 Jun 2020	quarterly	Mar 1992 - Jun 2020
Ecuador (%)	-12.4 Jun 2020	quarterly	Mar 1994 - Jun 2020
Egypt (%)	5.0 Mar 2020	quarterly	Sep 2002 - Mar 2020
Estonia (%)	-6.5 Jun 2020	quarterly	Mar 1996 - Jun 2020
European Union (%)	-3.9 Sep 2020	quarterly	Mar 1996 - Sep 2020
Finland (%)	-6.5 Jun 2020	quarterly	Mar 1976 - Jun 2020
France (%)	-4.3 Sep 2020	quarterly	Mar 1950 - Sep 2020
Georgia (%)	-12.3 Jun 2020	quarterly	Mar 1998 - Jun 2020
Germany (%)	-4.2 Sep 2020	quarterly	Mar 1992 - Sep 2020
Ghana (%)	-0.8 Jun 2020	quarterly	Jun 2006 - Jun 2020
Greece (%)	-15.2 Jun 2020	quarterly	Mar 1996 - Jun 2020
Hong Kong SAR, China (%)	-8.9 Jun 2020	quarterly	Mar 1991 - Jun 2020
Hungary (%)	-13.5 Jun 2020	quarterly	Mar 1996 - Jun 2020
Iceland (%)	-10.7 Jun 2020	quarterly	Mar 1996 - Jun 2020
India (%)	-23.9 Jun 2020	quarterly	Jun 2005 - Jun 2020
Indonesia (%)	-5.3 Jun 2020	quarterly	Mar 1994 - Jun 2020
Iran (%)	-6.8 Mar 2020	quarterly	Jun 1989 - Mar 2020
Ireland (%)	-3.7 Jun 2020	quarterly	Mar 1996 - Jun 2020
Israel (%)	-7.8 Jun 2020	quarterly	Mar 1996 - Jun 2020
Italy (%)	-4.5 Sep 2020	quarterly	Mar 1982 - Sep 2020
Ivory Coast (%)	7.4 2018	yearly	1966 - 2018
Japan (%)	-10.1 Jun 2020	quarterly	Mar 1956 - Jun 2020
Jordan (%)	-3.6 Jun 2020	quarterly	Mar 1993 - Jun 2020
Kazakhstan (%)	4.9 Dec 2019	quarterly	Mar 2006 - Dec 2019
Kenya (%)	5.1 Mar 2020	quarterly	Mar 2010 - Mar 2020
South Korea (%)	-1.3 Sep 2020	quarterly	Mar 1961 - Sep 2020
Kosovo (%)	-9.3 Jun 2020	quarterly	Mar 2011 - Jun 2020
Kuwait (%)	-2.5 Mar 2020	quarterly	Jun 2010 - Mar 2020
Kyrgyzstan (%)	-5.3 Jun 2020	quarterly	Mar 2007 - Jun 2020
Laos (%)	6.2 2018	yearly	2003 - 2018
Latvia (%)	-3.1 Sep 2020	quarterly	Mar 1996 - Sep 2020
Lebanon (%)	-1.9 2018	yearly	2005 - 2018
Lithuania (%)	-4.6 Jun 2020	quarterly	Jun 1995 - Jun 2020
Luxembourg (%)	-0.2 Mar 2020	quarterly	Mar 1996 - Mar 2020
Macau SAR, China (%)	-67.8 Jun 2020	quarterly	Mar 2002 - Jun 2020
North Macedonia (%)	-12.7 Jun 2020	quarterly	Mar 2001 - Jun 2020
Malawi (%)	4.0 2018	yearly	2003 - 2018
Malaysia (%)	-17.1 Jun 2020	quarterly	Mar 2001 - Jun 2020
Malta (%)	-16.2 Jun 2020	quarterly	Mar 2001 - Jun 2020
Mauritius (%)	-32.5 Jun 2020	quarterly	Mar 2001 - Jun 2020
Mexico (%)	-8.6 Sep 2020	quarterly	Mar 1981 - Sep 2020
Moldova (%)	0.9 Jun 2020	quarterly	Mar 1996 - Jun 2020
Mongolia (%)	-9.1 Jun 2020	quarterly	Mar 2011 - Jun 2020
Montenegro (%)	-20.2 Jun 2020	quarterly	Mar 2011 - Jun 2020
Morocco (%)	-14.9 Jun 2020	quarterly	Mar 2008 - Jun 2020
Mozambique (%)	2.0 Dec 2018	quarterly	Jun 2007 - Dec 2018
Myanmar (%)	6.8 2019	yearly	2011 - 2019
Nepal (%)	-2.7 Mar 2020	quarterly	Dec 2004 - Mar 2020
Netherlands (%)	-9.2 Jun 2020	quarterly	Mar 1997 - Jun 2020
New Zealand (%)	-10.1 Jun 2020	quarterly	Jun 1983 - Jun 2020
Nigeria (%)	-6.1 Jun 2020	quarterly	Mar 2011 - Jun 2020
Norway (%)	-5.3 Jun 2020	quarterly	Mar 1979 - Jun 2020
Oman (%)	-0.8 2019	yearly	1999 - 2019
Pakistan (%)	0.5 2020	yearly	2001 - 2020
Palestinian Territory (%)	-4.9 Mar 2020	quarterly	Jun 2011 - Mar 2020
Panama (%)	0.4 Mar 2020	quarterly	Mar 2008 - Mar 2020
Paraguay (%)	-6.5 Jun 2020	quarterly	Mar 1995 - Jun 2020
Peru (%)	-30.2 Jun 2020	quarterly	Mar 1981 - Jun 2020
Philippines (%)	-16.3 Jun 2020	quarterly	Mar 1999 - Jun 2020
Poland (%)	-8.0 Jun 2020	quarterly	Mar 1996 - Jun 2020
Portugal (%)	1.8 Jun 2019	quarterly	Mar 1996 - Jun 2019
Qatar (%)	-6.1 Jun 2020	quarterly	Mar 2012 - Jun 2020
Romania (%)	-10.2 Jun 2020	quarterly	Mar 1996 - Jun 2020
Russia (%)	-5.6 Jun 2020	quarterly	Mar 1996 - Jun 2020
Saudi Arabia (%)	-7.0 Jun 2020	quarterly	Mar 2011 - Jun 2020
Serbia (%)	4.5 Sep 2019	quarterly	Mar 1997 - Sep 2019
Singapore (%)	-7.0 Sep 2020	quarterly	Mar 1976 - Sep 2020
Slovakia (%)	-12.1 Jun 2020	quarterly	Mar 1994 - Jun 2020
Slovenia (%)	-13.1 Jun 2020	quarterly	Mar 1996 - Jun 2020
South Africa (%)	-17.2 Jun 2020	quarterly	Mar 1961 - Jun 2020
Spain (%)	-8.7 Sep 2020	quarterly	Mar 1996 - Sep 2020
Sri Lanka (%)	-1.6 Mar 2020	quarterly	Mar 2011 - Mar 2020
Sudan (%)	5.6 2018	yearly	1983 - 2018
Sweden (%)	-7.7 Jun 2020	quarterly	Mar 1982 - Jun 2020
Switzerland (%)	-8.2 Jun 2020	quarterly	Mar 1966 - Jun 2020
Syria (%)	1.6 2018	yearly	1961 - 2018
Taiwan (%)	-0.2 Jun 2020	quarterly	Mar 1983 - Jun 2020
Tajikistan (%)	7.2 Sep 2019	quarterly	Mar 2000 - Sep 2019
Thailand (%)	-12.1 Jun 2020	quarterly	Mar 1994 - Jun 2020
Tunisia (%)	-20.8 Jun 2020	quarterly	Mar 2001 - Jun 2020
Turkey (%)	-9.9 Jun 2020	quarterly	Mar 1999 - Jun 2020
Ukraine (%)	-11.4 Jun 2020	quarterly	Mar 2002 - Jun 2020
United Arab Emirates (%)	1.9 Mar 2020	quarterly	Jun 2012 - Mar 2020
United Kingdom (%)	-21.5 Jun 2020	quarterly	Mar 1956 - Jun 2020
United States (%)	-2.9 Sep 2020	quarterly	Mar 1948 - Sep 2020
Uruguay (%)	-10.6 Jun 2020	quarterly	Mar 1998 - Jun 2020
Uzbekistan (%)	0.4 Sep 2020	quarterly	Mar 2016 - Sep 2020
Venezuela (%)	-26.8 Mar 2019	quarterly	Mar 1998 - Mar 2019
Vietnam (%)	10.8 Sep 2020	quarterly	Jun 2010 - Sep 2020
Yemen (%)	-10.0 2017	yearly	1991 - 2017
Zambia (%)	3.3 Sep 2017	quarterly	Mar 2015 - Sep 2017

Zambia Key Series

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All Indicators

National Accounts

Production

Government and Public Finance

Demographic and Labour Market

Domestic Trade and Household Survey

Inflation

Foreign Trade

Balance of Payments

Monetary

Banking Statistics

Interest and Foreign Exchange Rates

Energy

Tourism

Financial Market

Transport and Telecommunications

National Accounts	Last	Frequency	Range
Nominal GDP (USD mn)	17,126.2 2019	yearly	2010 - 2019
Real GDP Growth (%)	3.3 Sep 2017	quarterly	Mar 2015 - Sep 2017
GDP per Capita (USD)	1,375.334 2015	yearly	2000 - 2015
GDP Deflator Growth (%)	3.9 2019	yearly	1995 - 2019
Private Consumption Expenditure (USD mn)	10,764.187 2015	yearly	2010 - 2015
Private Consumption: % of GDP (%)	50.7 2015	yearly	2010 - 2015
Public Consumption Expenditure (USD mn)	3,140.921 2015	yearly	2010 - 2015
Public Consumption: % of GDP (%)	14.8 2015	yearly	2010 - 2015
Investment: % of GDP (%)	42.8 2015	yearly	2010 - 2015
Gross Fixed Capital Formation (USD mn)	8,168.519 2015	yearly	2010 - 2015
Gross Savings Rate (%)	34.5 2015	yearly	2010 - 2015
Forecast: GDP PPP Per Capita (PPP Intl $)	3,303.826 2025	yearly	1980 - 2025
Forecast: Nominal GDP Per Capita (USD)	1,067.057 2025	yearly	1980 - 2025
Forecast: Real GDP Growth (%)	1.210 2025	yearly	1980 - 2025
Total Trade of Goods & Services: % of Nominal GDP (%)	75.106 2017	yearly	1957 - 2017

Production	Last	Frequency	Range
Industrial Production Index Growth (%)	1.4 Dec 2018	quarterly	Mar 2002 - Dec 2018
Minerals Production (Metric Ton)	2,100,259.000 2018	yearly	2009 - 2018
Gold Production (kg)	4,373.000 2017	yearly	1990 - 2017
Silver Production (Metric Ton)	15.000 2016	yearly	1986 - 2016

Government and Public Finance	Last	Frequency	Range
Consolidated Fiscal Balance: % of GDP (%)	-16.3 2019	yearly	2000 - 2019
Consolidated Fiscal Balance (USD mn)	-943.559 Jul 2020	monthly	Nov 2015 - Jul 2020
Tax Revenue (USD mn)	1,598.989 Jul 2020	monthly	Nov 2015 - Jul 2020
Government Debt: % of GDP (%)	36.3 2019	yearly	2014 - 2019
Forecast: Government Expenditure (ZMK bn)	111.476 2025	yearly	2000 - 2025
Forecast: Government Net Debt (ZMK bn)	579.044 2025	yearly	2000 - 2025
Forecast: Government Revenue (ZMK bn)	111.124 2025	yearly	2000 - 2025

Demographic and Labour Market	Last	Frequency	Range
Population (Person mn)	18.4 2020	yearly	1950 - 2020
Labour Force Participation Rate (%)	74.6 2020	yearly	1990 - 2020
Employed Persons (Person)	6,799,267.220 2020	yearly	1991 - 2020
Unemployment Rate (%)	11.41 2020	yearly	1991 - 2020
Monthly Earnings (USD)	307 2018	yearly	2017 - 2018
Labour Productivity Growth (%)	-2.04 2019	yearly	1992 - 2019
Forecast: Population (Person mn)	21.892 2025	yearly	1980 - 2025
Forecast: Employment (Person mn)	0.000	yearly	-
Forecast: Unemployment Rate (%)	0.000	yearly	-

Domestic Trade and Household Survey	Last	Frequency	Range
Number of Registered Vehicles (Unit)	40,746 2019	yearly	2007 - 2019
Motor Vehicle Sales: Commercial Cars (Unit)	2,161.000 Dec 2019	semiannually	Dec 2005 - Dec 2019
Motor Vehicle Sales: Passenger Cars (Unit)	1,094.000 Dec 2019	semiannually	Dec 2005 - Dec 2019

Inflation	Last	Frequency	Range
Consumer Price Index CPI Growth (%)	15.7 Sep 2020	monthly	Jan 1986 - Sep 2020
CPI: Food and Non Alcoholic Beverage Change (%)	15.216 Sep 2020	quarterly	Mar 2004 - Sep 2020
Forecast: Consumer Price Index Growth (%)	7.000 2025	yearly	1980 - 2025

Foreign Trade	Last	Frequency	Range
Forecast: Exports of Goods Growth (%)	6.109 2025	yearly	2000 - 2025
Trade Balance (USD mn)	283.1 Aug 2020	monthly	Jan 2003 - Aug 2020
Total Exports (USD mn)	1,590.8 Jun 2020	quarterly	Mar 2003 - Jun 2020
Total Exports Growth (%)	23.3 Jun 2020	quarterly	Mar 2004 - Jun 2020
Aluminum: Exports (USD th)	4,547.345 2019	yearly	1995 - 2019
Exports: Medicament (USD th)	2,889.801 2019	yearly	1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th)	656.557 2019	yearly	1995 - 2019
Total Imports (USD mn)	1,141.5 Jun 2020	quarterly	Mar 2003 - Jun 2020
Total Imports Growth (%)	3.4 Aug 2020	monthly	Jan 2004 - Aug 2020
Imports: Medicament (USD th)	134,827.009 2019	yearly	1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th)	41,966.151 2019	yearly	1995 - 2019
Total Imports from USA (USD mn)	15.721 Jul 2020	monthly	Jan 1981 - Jul 2020
Total Exports to China (USD mn)	148.912 Aug 2020	monthly	Nov 1998 - Aug 2020
Total Imports from China (USD mn)	67.945 Aug 2020	monthly	Jul 1992 - Aug 2020

Balance of Payments	Last	Frequency	Range
Direct Investment Abroad (USD mn)	-47.5 Jun 2020	quarterly	Mar 1998 - Jun 2020
Current Account Balance (USD mn)	210.3 Jun 2020	quarterly	Mar 1998 - Jun 2020
Current Account Balance: % of GDP (%)	0.9 2019	yearly	2010 - 2019
Foreign Direct Investment: % of GDP (%)	3.2 2019	yearly	2010 - 2019
Foreign Portfolio Investment (USD mn)	33.171 Jun 2020	quarterly	Mar 1998 - Jun 2020
Foreign Portfolio Investment: % of GDP (%)	-0.3 2019	yearly	2010 - 2019
Foreign Portfolio Investment: Equity Securities (USD mn)	0.2 Jun 2020	quarterly	Mar 1998 - Jun 2020
Foreign Portfolio Investment: Debt Securities (USD mn)	32.945 Jun 2020	quarterly	Mar 1998 - Jun 2020
External Debt (USD mn)	9,769.5 Mar 2019	quarterly	Mar 2011 - Mar 2019
External Debt: % of GDP (%)	33.9 2018	yearly	2011 - 2018
Forecast: Current Account Balance (USD bn)	0.136 2025	yearly	1980 - 2025
Net International Investment Position (USD mn)	-29,288.390 2019	yearly	2006 - 2019

Monetary	Last	Frequency	Range
Non Performing Loans Ratio (%)	12.5 Jun 2020	quarterly	Mar 2011 - Jun 2020
Non-Performing Loans (USD mn)	266.019 Jun 2020	monthly	Jan 2011 - Jun 2020
M2 Growth (%)	41.5 Aug 2020	monthly	Jan 1998 - Aug 2020
Reserve Requirement Ratio (%)	9.0 Sep 2020	monthly	Jan 2004 - Sep 2020
Foreign Exchange Reserves (USD mn)	1,430.8 Jul 2020	monthly	Jan 2010 - Jul 2020
Foreign Exchange Reserves: Months of Import (NA)	3.4 Jul 2020	monthly	Jan 2010 - Jul 2020
Total Deposits (USD mn)	4,423.083 Jun 2020	monthly	Jan 2001 - Jun 2020
Total Deposits Growth (%)	26.5 Jun 2020	monthly	Jan 2002 - Jun 2020
Domestic Credit (USD mn)	4,771.8 Aug 2020	monthly	Dec 2001 - Aug 2020
Domestic Credit Growth (%)	35.4 Aug 2020	monthly	Dec 2002 - Aug 2020
Total Loans (USD mn)	2,128.576 Jun 2020	monthly	Jan 2001 - Jun 2020
Total Loans Growth (%)	18.98 Jun 2020	monthly	Jan 2002 - Jun 2020
Private Debt: % of Nominal GDP (%)	12.63 2019	yearly	1965 - 2019

Banking Statistics	Last	Frequency	Range
Liquid Assets Ratio (%)	45.0 Jun 2020	quarterly	Mar 2011 - Jun 2020
Capital Adequacy Ratio (%)	21.1 Jun 2020	monthly	Jan 2011 - Jun 2020

Interest and Foreign Exchange Rates	Last	Frequency	Range
Bank Lending Rate (% pa)	25.210 Aug 2020	monthly	Jan 2006 - Aug 2020
Exchange Rate against USD (ZMW/USD)	19.827 Sep 2020	monthly	Jan 1957 - Sep 2020
Policy Rate (% pa)	8.00 Sep 2020	monthly	Jan 2006 - Sep 2020
Short Term Interest Rate (% pa)	14.00 Sep 2020	monthly	Jan 2006 - Sep 2020
Short Term Government Bond Yield (% pa)	14.00 Sep 2020	monthly	Jan 2006 - Sep 2020

Energy	Last	Frequency	Range
Electricity Production (GWh)	14,786 2019	yearly	1971 - 2019

Tourism	Last	Frequency	Range
Tourism Revenue Growth (%)	13.6 2018	yearly	1998 - 2018

Financial Market	Last	Frequency	Range
Equity Market Index (02Jan1997=100)	3,823.6 Sep 2020	monthly	Jan 2018 - Sep 2020
Market Capitalization: % of GDP (%)	35.6 2015	yearly	2010 - 2015
Market Capitalization (USD mn)	5,301.296 Feb 2019	monthly	Jan 2002 - Feb 2019

Transport and Telecommunications	Last	Frequency	Range
Motor Vehicle Registered (Unit th)	370.000 2015	yearly	2005 - 2015
Number of Subscriber Fixed Line (Unit)	96,719.000 2019	yearly	1960 - 2019
Number of Subscriber Mobile (Person)	17,220,607.000 2019	yearly	1960 - 2019
Teledensity: Fixed Line (Number)	0.542 2019	yearly	1960 - 2019
Teledensity: Mobile (Number)	96.414 2019	yearly	1960 - 2019
Exports: ICT Goods (USD th)	10,582.886 2018	yearly	2000 - 2018
Exports: Telecommunication Equipment (USD th)	5,489.271 2019	yearly	1995 - 2019
Exports: Television (USD th)	148.984 2019	yearly	1995 - 2019
Imports: ICT Goods (USD th)	412,342.269 2018	yearly	2000 - 2018
Imports: Telecommunication Equipment (USD th)	138,014.642 2019	yearly	1995 - 2019
Imports: Television (USD th)	36,510.986 2019	yearly	1995 - 2019
ZM: Railways: Goods Transported (Ton-km mn)	297.000 2017	yearly	1995 - 2017

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Zambia Real GDP Growth

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Real GDP Growth by Country Comparison

Zambia Key Series

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