Annual GDP growth in Zambia
Zambia: Annual GDP growth was 3.8% in 2024. ▼ Falling
Latest (2024)
3.8%
Change on year
down 28.8%
World rank
75th
of 196 countries
All-time high
10.3%
in 2010
All-time low
-2.8%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Zambia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual gdp growth in Zambia stood at 3.8%.
The figure is down 28.8% on the previous year and down 18.6% over ten years.
Over the whole period, annual gdp growth in Zambia peaked at 10.3% in 2010 and was at its lowest, -2.8%, in 2020.
That places Zambia 75th out of 196 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Annual GDP growth in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.9% | — |
| 2001 | 5.3% | +36.4% |
| 2002 | 4.5% | -15.3% |
| 2003 | 6.9% | +54.1% |
| 2004 | 7.0% | +1.3% |
| 2005 | 7.2% | +2.9% |
| 2006 | 7.9% | +9.2% |
| 2007 | 8.4% | +5.7% |
| 2008 | 7.8% | -6.9% |
| 2009 | 9.2% | +18.6% |
| 2010 | 10.3% | +11.7% |
| 2011 | 5.6% | -45.9% |
| 2012 | 7.6% | +36.4% |
| 2013 | 5.1% | -33.4% |
| 2014 | 4.7% | -7.2% |
| 2015 | 2.9% | -37.8% |
| 2016 | 3.8% | +28.6% |
| 2017 | 3.5% | -6.1% |
| 2018 | 4.0% | +14.4% |
| 2019 | 1.4% | -64.3% |
| 2020 | -2.8% | -293.2% |
| 2021 | 6.2% | -323.9% |
| 2022 | 5.2% | -16.4% |
| 2023 | 5.4% | +3.0% |
| 2024 | 3.8% | -28.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.8% | 3.9% | 9.2% | 10 |
| 2010s | 4.9% | 1.4% | 10.3% | 10 |
| 2020s | 3.6% | -2.8% | 6.2% | 5 |
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)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.03 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,356 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.76 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 6.05 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 7,975 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -8.92 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3929 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual gdp growth in Zambia?
- Annual gdp growth in Zambia was 3.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Zambia?
- The highest recorded value was 10.3% in 2010.
- What is the lowest annual gdp growth recorded in Zambia?
- The lowest recorded value was -2.8% in 2020.
- How does Zambia rank for annual gdp growth?
- Zambia ranks 75th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Zambia?
- Over the last ten years it is down 18.6%. The long-run trend across the full record is falling.
- Where does this Zambia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).