Industry in Zambia

Zambia Industry | Economic News & Forecasts

Zambia - Industry

Zambia’s debt crisis has reached a new level of uncertainty, with skyrocketing bond yields and a rapidly deteriorating debt profile raising the probability of a partial default. On 23 May, Moody’s downgraded the country’s credit rating to Caa2 and the outlook to negative, citing growing external and liquidity risks amid sharply rising debt servicing costs and dwindling foreign exchange reserves. The events have caused the kwacha to depreciate sharply and consequently lifted price pressures, choking private sector activity in turn. Soaring inflation prompted the Central Bank to hike the policy rate by 50 basis points to 10.25% in June following a 15-month hold. Meanwhile, challenging external conditions continue to weigh on growth, with exports contracting yet again in April.

Zambia - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)3.9  1.9  0.2  2.5  -     

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Zambia Industry Chart

Zambia Industry
Note: Industrial production, annual variation in %.
Source: Central Statistical Office

Zambia Facts

Bond Yield29.000.0 %Jun 20
Exchange Rate12.820.0 %Jun 20
Stock Market0.30.0 %Jun 20

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form