External debt stocks as a proportion of GNI in Zambia

Zambia: External debt stocks as a proportion of GNI was 114.2% in 2024. ◆ Volatile

Latest (2024)
114.2%
Change on year
up 3.2%
World rank
10th
of 129 countries
All-time high
168.7%
in 2000
All-time low
17.8%
in 2008
Years of data
25
2000–2024

External debt stocks as a proportion of GNI in Zambia, 2000–2024

0501001502000201220242000: 168.7 %2001: 157.6 %2002: 165.2 %2003: 144.6 %2004: 129.6 %2005: 69.7 %2006: 19.4 %2007: 21.9 %2008: 17.8 %2009: 24.4 %2010: 22.9 %2011: 23.3 %2012: 24.7 %2013: 24.8 %2014: 36.3 %2015: 59.1 %2016: 77.6 %2017: 96 %2018: 95 %2019: 128.3 %2020: 167.5 %2021: 133.6 %2022: 103.7 %2023: 110.7 %2024: 114.2 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

Zambia recorded 114.2% for external debt stocks as a proportion of gni in 2024.

The figure is up 3.2% on the previous year and up 214.6% over ten years.

Over the whole period, external debt stocks as a proportion of gni in Zambia peaked at 168.7% in 2000 and was at its lowest, 17.8%, in 2008.

Zambia ranks 10th of 129 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 debt stocks as a proportion of GNI in Zambia, year by year

Annual values for External debt stocks as a proportion of GNI (%) in Zambia, 2000 to 2024.
Year % Change
2000 168.7%
2001 157.6% -6.6%
2002 165.2% +4.8%
2003 144.6% -12.5%
2004 129.6% -10.4%
2005 69.7% -46.2%
2006 19.4% -72.2%
2007 21.9% +12.8%
2008 17.8% -18.8%
2009 24.4% +37.3%
2010 22.9% -6.4%
2011 23.3% +2.0%
2012 24.7% +5.8%
2013 24.8% +0.6%
2014 36.3% +46.3%
2015 59.1% +62.8%
2016 77.6% +31.3%
2017 96.0% +23.8%
2018 95.0% -1.0%
2019 128.3% +35.1%
2020 167.5% +30.5%
2021 133.6% -20.3%
2022 103.7% -22.4%
2023 110.7% +6.8%
2024 114.2% +3.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 91.9% 17.8% 168.7% 10
2010s 58.8% 22.9% 128.3% 10
2020s 125.9% 103.7% 167.5% 5

Countries ranked near Zambia

  1. 7 Lao People's Democratic Republic 115.4% compare
  2. 7 Lao People's Democratic Republic 115.4% compare
  3. 9 Bhutan 114.5% compare
  4. 11 Montenegro 108.6% compare
  5. 12 Ukraine 101.3% compare
  6. 13 Rwanda 93.9% compare

See the full ranking of 129 places →

More economy & growth data for Zambia

All data for Zambia →

Frequently asked questions

What is external debt stocks as a proportion of gni in Zambia?
External debt stocks as a proportion of gni in Zambia was 114.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest external debt stocks as a proportion of gni recorded in Zambia?
The highest recorded value was 168.7% in 2000.
What is the lowest external debt stocks as a proportion of gni recorded in Zambia?
The lowest recorded value was 17.8% in 2008.
How does Zambia rank for external debt stocks as a proportion of gni?
Zambia ranks 10th out of 129 countries with data for 2024.
Is external debt stocks as a proportion of gni rising or falling in Zambia?
Over the last ten years it is up 214.6%. 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 External debt stocks as a proportion of GNI (%). Statizoid updates them automatically from the source API.

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External debt stocks as a proportion of GNI in Zambia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 06 September 2026, from https://economy.statizoid.com/stat/external-debt-stocks-as-a-proportion-of-gni-percent/zambia/

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About this data

Indicator
External debt stocks as a proportion of GNI (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
129 places, 3,093 data points, 2000–2024
Last refreshed