GDP in Zambia

Zambia GDP | Economic News & Forecasts

Zambia - GDP

Growth likely remained sluggish in the third quarter after slowing to a three-and-a-half-year low in the second quarter, against the backdrop of contracting mining sector activity. Persistently severe drought conditions seemingly continued to restrain output at the country’s all-important hydropower dams while an even sharper contraction in exports signaled that overseas demand for copper remained subdued. Turning to the fourth quarter, the picture remains bleak. The kwacha depreciated markedly amid increasing concerns over the state of Zambia’s public finances which, coupled with rising inflation and deteriorating sentiment, likely bruised private consumption and investment activity in Q4. On a slightly less negative note, merchandise exports contracted at a much softer rate in October–November compared to Q3, while the PMI rose, on average, from Q3 to Q4.

Zambia - GDP Data

2014   2015   2016   2017   2018  
Economic Growth (GDP, annual variation in %)4.7  2.9  3.8  3.5  3.7  

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Zambia GDP Chart

Zambia GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Central Statistical Office

Zambia Facts

Value Change Date
Bond Yield33.000.0 %Dec 31
Exchange Rate14.090.0 %Jan 01
Stock Market0.30.0 %Jan 06

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