Current account balance as a proportion of GDP in Zambia
Zambia: Current account balance as a proportion of GDP was -1.9% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Zambia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Zambia is -1.9%, measured in 2024.
That represents a change of up 36.6% on the previous year and down 35.0% over ten years.
Over the whole period, current account balance as a proportion of gdp in Zambia peaked at 11.9% in 2021 and was at its lowest, -18.4%, in 2000.
That places Zambia 117th out of 204 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Zambia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -18.4% | — |
| 2001 | -18.0% | -2.2% |
| 2002 | -15.8% | -12.1% |
| 2003 | -13.5% | -14.4% |
| 2004 | -7.1% | -47.2% |
| 2005 | -2.8% | -61.0% |
| 2006 | 4.6% | -266.8% |
| 2007 | -1.2% | -126.7% |
| 2008 | -3.3% | +169.0% |
| 2009 | 6.0% | -278.8% |
| 2010 | 7.5% | +26.4% |
| 2011 | 4.7% | -38.1% |
| 2012 | 5.4% | +15.5% |
| 2013 | -0.6% | -110.7% |
| 2014 | -1.4% | +147.8% |
| 2015 | -3.6% | +153.1% |
| 2016 | -4.6% | +26.0% |
| 2017 | -1.7% | -63.1% |
| 2018 | -1.3% | -22.6% |
| 2019 | 0.6% | -146.4% |
| 2020 | 11.8% | +1853.2% |
| 2021 | 11.9% | +0.9% |
| 2022 | 3.7% | -68.5% |
| 2023 | -3.0% | -181.0% |
| 2024 | -1.9% | -36.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.0% | -18.4% | 6.0% | 10 |
| 2010s | 0.5% | -4.6% | 7.5% | 10 |
| 2020s | 4.5% | -3.0% | 11.9% | 5 |
Countries ranked near Zambia
- 114 Colombia -1.6% compare
- 115 El Salvador -1.8% compare
- 116 Comoros -1.9% compare
- 118 Australia -2.0% compare
- 119 North Macedonia -2.1% compare
- 120 United Kingdom of Great Britain and Northern Ireland -2.2% compare
- 120 United Kingdom of Great Britain and Northern Ireland -2.2% compare
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 current account balance as a proportion of gdp in Zambia?
- Current account balance as a proportion of gdp in Zambia was -1.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Zambia?
- The highest recorded value was 11.9% in 2021.
- What is the lowest current account balance as a proportion of gdp recorded in Zambia?
- The lowest recorded value was -18.4% in 2000.
- How does Zambia rank for current account balance as a proportion of gdp?
- Zambia ranks 117th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Zambia?
- Over the last ten years it is down 35.0%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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