view of skyscrapers from below

Zambia GDP (ZMW bn)

The economy seemingly lost momentum in Q4. The private-sector PMI remained in negative terrain during the quarter, indicating that business operating conditions worsened. Moreover, inflation accelerated in monthly terms throughout the period, likely denting private spending. Turning to this year, an over one-year high PMI reading in January signals that the economy is picking up steam. That said, February’s interest rate hike should constrain activity going forward. In other news, in late January, IMF managing director Kristalina Georgieva visited the country. The director highlighted Zambia’s commitment to reforms and encouraged creditors to agree on debt restructuring terms as soon as possible. Meanwhile, top lender China stated that it wants multilateral development banks to provide debt relief to the country, a policy that the World Bank explicitly rejected.

Zambia GDP (ZMW bn) Data

2017 2018 2019 2020 2021
GDP (ZMW bn) 246 283 300 332 443

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest