International Reserves in Zambia

Zambia International Reserves | Economic News & Forecasts

Zambia - International Reserves

The economic fallout from Covid-19 continued to batter the economy in the second quarter, after activity likely contracted sharply in the opening quarter of the year amid lingering drought conditions. The PMI plummeted to a record low in April, as output, new orders and employment nosedived, while business sentiment soured, hinting at an unprecedented decline in private sector activity at the outset of Q2. Consumer demand seems to have been extremely hard hit, due to strict lockdown measures to contain the pandemic and a sharp currency depreciation though late May. On the external front, the picture is equally grim as low copper prices due to collapsing global demand seemingly depressed exports through May. Meanwhile, analysts are questioning whether the IMF will reject the request for support due to concerns that the country’s debt is unsustainable.

Zambia - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)3.0  2.4  2.1  1.6  1.4  

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Zambia International Reserves Chart


Zambia International Reserves
Note: International reserves, months of imports.
Source: IMF and FocusEconomics calculations

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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