Current account balance in Zambia
Zambia: Current account balance was -1.12 billion BoP, current US$ in 2024. ◆ Volatile
Current account balance in Zambia, 1978–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Zambia is -1.12 billion BoP, current US$, measured in 2024. That is the lowest value across all 42 years on record.
The figure is down 33.2% on the previous year and down 188.2% over ten years.
Over the whole period, current account balance in Zambia peaked at 2.63 billion BoP, current US$ in 2021 and was at its lowest, -1.12 billion BoP, current US$, in 2024.
That places Zambia 129th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -101.30 million BoP, current US$ | -280.60 million BoP, current US$ | 78.00 million BoP, current US$ | 2 |
| 1980s | -370.70 million BoP, current US$ | -720.60 million BoP, current US$ | -146.60 million BoP, current US$ | 10 |
| 1990s | -407.78 million BoP, current US$ | -594.40 million BoP, current US$ | -182.00 million BoP, current US$ | 5 |
| 2000s | -266.82 million BoP, current US$ | -737.03 million BoP, current US$ | 912.56 million BoP, current US$ | 10 |
| 2010s | 108.26 million BoP, current US$ | -953.96 million BoP, current US$ | 1.53 billion BoP, current US$ | 10 |
| 2020s | 781.47 million BoP, current US$ | -1.12 billion BoP, current US$ | 2.63 billion BoP, current US$ | 5 |
Countries ranked near Zambia
- 126 Mauritania -1.04 billion BoP, current US$ compare
- 127 Mauritius -1.05 billion BoP, current US$ compare
- 128 Bahamas -1.05 billion BoP, current US$ compare
- 130 Mali -1.16 billion BoP, current US$ compare
- 131 Niger -1.20 billion BoP, current US$ compare
- 132 Bolivia -1.22 billion BoP, current US$ compare
More economy & growth data for Zambia
- External balance on goods and services as a percent of gdp 7.43 (2024)
- Inflation of consumer prices 13.91 (2025)
- Gdp per capita worldbank constant usd 1,356 (2025)
- Manufacturing value added to gdp 8.75 (2025)
- Gdp worldbank constant usd 29.71 billion (2025)
- Gdp per capita in international and market dollars 1,356 (2025)
- DEC alternative conversion factor 25.13 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 16.91 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 673.13 million current US$ (2025)
- Taxes less subsidies on products 25.61 billion current LCU (2025)
Frequently asked questions
- What is current account balance in Zambia?
- Current account balance in Zambia was -1.12 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Zambia?
- The highest recorded value was 2.63 billion BoP, current US$ in 2021.
- What is the lowest current account balance recorded in Zambia?
- The lowest recorded value was -1.12 billion BoP, current US$ in 2024.
- How does Zambia rank for current account balance?
- Zambia ranks 129th out of 198 countries with data for 2024.
- Is current account balance rising or falling in Zambia?
- Over the last ten years it is down 188.2%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.