External balance on goods and services (current LCU), annual growth in Zambia
Zambia: External balance on goods and services (current LCU), annual growth was 155.74 % change on previous year in 2024. ◆ Volatile
External balance on goods and services (current LCU), annual growth in Zambia, 1995–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, external balance on goods and services (current lcu), annual growth in Zambia stood at 155.74 % change on previous year.
Compared with earlier readings it is up 340.0% on the previous year and down 27.4% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Zambia peaked at 269.83 % change on previous year in 2009 and was at its lowest, -522.75 % change on previous year, in 2015.
Zambia ranks 9th of 192 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in Zambia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1995 | -513.85 % change on previous year | — |
| 1996 | -164.71 % change on previous year | -67.9% |
| 1997 | 33.04 % change on previous year | -120.1% |
| 1998 | -131.4 % change on previous year | -497.7% |
| 1999 | -70.53 % change on previous year | -46.3% |
| 2000 | -78.25 % change on previous year | +10.9% |
| 2001 | -52.09 % change on previous year | -33.4% |
| 2002 | 8.04 % change on previous year | -115.4% |
| 2003 | -29.27 % change on previous year | -464.0% |
| 2004 | 56.3 % change on previous year | -292.3% |
| 2005 | 67.2 % change on previous year | +19.4% |
| 2007 | -76.44 % change on previous year | -213.7% |
| 2008 | -236.59 % change on previous year | +209.5% |
| 2009 | 269.83 % change on previous year | -214.0% |
| 2010 | 224.74 % change on previous year | -16.7% |
| 2011 | 55.36 % change on previous year | -75.4% |
| 2012 | -32.2 % change on previous year | -158.2% |
| 2013 | -87.77 % change on previous year | +172.6% |
| 2014 | 214.58 % change on previous year | -344.5% |
| 2015 | -522.75 % change on previous year | -343.6% |
| 2016 | 30.22 % change on previous year | -105.8% |
| 2017 | 44.9 % change on previous year | +48.6% |
| 2018 | 171.69 % change on previous year | +282.3% |
| 2019 | -48.82 % change on previous year | -128.4% |
| 2021 | 70.21 % change on previous year | -243.8% |
| 2022 | -32.04 % change on previous year | -145.6% |
| 2023 | -64.89 % change on previous year | +102.6% |
| 2024 | 155.74 % change on previous year | -340.0% |
Zambia compared with similar countries
- Zambia's 155.74 % change on previous year is above the median for lower middle income countries, which is -7.66 % change on previous year. (45 countries reporting)
- Zambia's 155.74 % change on previous year is above the median for Sub-Saharan Africa, which is 2.45 % change on previous year, 63.7× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -169.49 % change on previous year | -513.85 % change on previous year | 33.04 % change on previous year | 5 |
| 2000s | -7.92 % change on previous year | -236.59 % change on previous year | 269.83 % change on previous year | 9 |
| 2010s | 5 % change on previous year | -522.75 % change on previous year | 224.74 % change on previous year | 10 |
| 2020s | 32.26 % change on previous year | -64.89 % change on previous year | 155.74 % change on previous year | 4 |
Countries ranked near Zambia
- 6 Finland 259.63 % change on previous year compare
- 7 Estonia 234.5 % change on previous year compare
- 8 Faroe Islands 228.14 % change on previous year compare
- 10 Venezuela 120.25 % change on previous year compare
- 11 Eswatini 101.19 % change on previous year compare
- 12 United States Virgin Islands 100.77 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 13.19 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.1053 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 138.75 units per person (2025)
- SDRs holdings, SDR, annual growth rate 7.79 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0769 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 101.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0464 units per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in Zambia?
- External balance on goods and services (current lcu), annual growth in Zambia was 155.74 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Zambia?
- The highest recorded value was 269.83 % change on previous year in 2009.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Zambia?
- The lowest recorded value was -522.75 % change on previous year in 2015.
- How does Zambia rank for external balance on goods and services (current lcu), annual growth?
- Zambia ranks 9th out of 192 countries with data for 2024.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Zambia?
- Over the last ten years it is down 27.4%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.