Zambia: Economy

Economic Trivia

Zambia is one of the most urbanized countries in Sub-Saharan Africa.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): Switzerland, South Africa, and China
Top 3 Exported Goods (2014): Copper, Inorganic Chemicals , and Precious Stones & Metals

Top Industries Source: CIA World Factbook

Copper Mining And Processing, Construction, Foodstuffs, Beverages

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $62,458,409,612 (2015)
GDP Growth Rate (annual %) 3.222% (2015)
GDP Per Capita, PPP (current international) $3,853 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 101/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 10.101% (2015)
External debt stocks, total (DOD, current US$) $7,373,097,000 (2014)
Total tax rate (% of commercial profits) 18.6% (2015)
Real Interest Rate (5 year average %) 6.19% (2015)
Manufacturing, value added (% of GDP) 8.502% (2015)
Current Account Balance (BoP, current US$) ($387,327,908) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 6,720,673 (2014)
Employment in Agriculture (% of total employment) 52.2% (2012)
Employment in Industry (% of total employment) 9.5% (2012)
Employment in Services (% of total employment) 38.3% (2012)
Unemployment Rate 13.3% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $10,239,182,730 (2014)
Exports of goods and services (current US$) $11,071,017,829 (2014)
Total Merchandise Trade (% of GDP) 71.092% (2014)
FDI, net inflows (BoP, current US$) $1,653,000,000 (2015)
Commercial Service Exports (current US$) $850,866,424 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Zambia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary