Current account balance as a share of GDP in Zambia
Zambia: Current account balance as a share of GDP was -1.9% in 2024. ◆ Volatile
Latest (2024)
-1.9%
Change on year
up 36.5%
World rank
112th
of 193 countries
All-time high
11.9%
in 2021
All-time low
-18.4%
in 2000
Years of data
25
2000–2024
Current account balance as a share of GDP in Zambia, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, current account balance as a share of gdp in Zambia stood at -1.9%.
The figure is up 36.5% on the previous year and down 35.0% over ten years.
Over the whole period, current account balance as a share of gdp in Zambia peaked at 11.9% in 2021 and was at its lowest, -18.4%, in 2000.
Zambia ranks 112th of 193 countries on this measure, 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 share of GDP in Zambia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -18.4% | — |
| 2001 | -18.0% | -2.2% |
| 2002 | -15.8% | -12.2% |
| 2003 | -13.5% | -14.4% |
| 2004 | -7.2% | -47.2% |
| 2005 | -2.8% | -61.1% |
| 2006 | 4.6% | -266.9% |
| 2007 | -1.2% | -126.7% |
| 2008 | -3.3% | +168.5% |
| 2009 | 6.0% | -278.7% |
| 2010 | 7.5% | +26.6% |
| 2011 | 4.7% | -38.1% |
| 2012 | 5.4% | +15.5% |
| 2013 | -0.6% | -110.8% |
| 2014 | -1.4% | +146.6% |
| 2015 | -3.6% | +152.4% |
| 2016 | -4.5% | +26.0% |
| 2017 | -1.7% | -63.1% |
| 2018 | -1.3% | -22.6% |
| 2019 | 0.6% | -146.2% |
| 2020 | 11.8% | +1865.0% |
| 2021 | 11.9% | +0.9% |
| 2022 | 3.8% | -68.5% |
| 2023 | -3.0% | -181.1% |
| 2024 | -1.9% | -36.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.0% | -18.4% | 6.0% | 10 |
| 2010s | 0.5% | -4.5% | 7.5% | 10 |
| 2020s | 4.5% | -3.0% | 11.9% | 5 |
Countries ranked near Zambia
- 109 Colombia -1.6% compare
- 110 El Salvador -1.8% compare
- 111 Comoros -1.9% compare
- 113 Australia -2.0% compare
- 114 North Macedonia -2.1% compare
- 115 United Kingdom -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)
- Industry (including construction), value added (constant 2015 US$) 5.21 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3252 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 428.51 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 5.21 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 1.72 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 2,273 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 13.82 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5703 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Zambia?
- Current account balance as a share of gdp in Zambia was -1.9% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Zambia?
- The highest recorded value was 11.9% in 2021.
- What is the lowest current account balance as a share of gdp recorded in Zambia?
- The lowest recorded value was -18.4% in 2000.
- How does Zambia rank for current account balance as a share of gdp?
- Zambia ranks 112th out of 193 countries with data for 2024.
- Is current account balance as a share 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 International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).