Adjusted savings: gross savings in Zambia
Zambia: Adjusted savings: gross savings was 47.0% in 2021. ▲ Rising
Adjusted savings: gross savings in Zambia, 2010–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in Zambia stood at 47.0%. That is the highest value across all 12 years on record.
That represents a change of up 0.9% on the previous year and up 45.6% over ten years.
Over the whole period, adjusted savings: gross savings in Zambia peaked at 47.0% in 2021 and was at its lowest, 31.4%, in 2016.
Zambia ranks 6th of 178 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
Adjusted savings: gross savings in Zambia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2010 | 33.7% | — |
| 2011 | 32.3% | -4.3% |
| 2012 | 36.1% | +11.9% |
| 2013 | 34.4% | -4.8% |
| 2014 | 33.0% | -4.0% |
| 2015 | 34.4% | +4.2% |
| 2016 | 31.4% | -8.6% |
| 2017 | 37.9% | +20.8% |
| 2018 | 42.5% | +12.0% |
| 2019 | 40.4% | -4.9% |
| 2020 | 46.5% | +15.1% |
| 2021 | 47.0% | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 35.6% | 31.4% | 42.5% | 10 |
| 2020s | 46.7% | 46.5% | 47.0% | 2 |
Countries ranked near Zambia
More economy & growth data for Zambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.92 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 1.73 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 9.15 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 10,866 current LCU per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -25.03 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.216 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 256.45 current US$ per person (2024)
- Gross fixed capital formation (current LCU), per unit of GDP 5.65 current LCU per US$ of GDP (2024)
- Gross fixed capital formation (current LCU), per capita 6,710 current LCU per person (2024)
Frequently asked questions
- What is adjusted savings: gross savings in Zambia?
- Adjusted savings: gross savings in Zambia was 47.0% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Zambia?
- The highest recorded value was 47.0% in 2021.
- What is the lowest adjusted savings: gross savings recorded in Zambia?
- The lowest recorded value was 31.4% in 2016.
- How does Zambia rank for adjusted savings: gross savings?
- Zambia ranks 6th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Zambia?
- Over the last ten years it is up 45.6%. The long-run trend across the full record is rising.
- Where does this Zambia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.