Final consumption expenditure in Zambia

Zambia: Final consumption expenditure was 401.95 billion current LCU in 2024. ◆ Volatile

Latest (2024)
401.95 billion current LCU
Change on year
up 19.4%
World rank
111th
of 187 countries
All-time high
401.95 billion current LCU
in 2024
All-time low
62.19 billion current LCU
in 2010
Years of data
15
2010–2024

Final consumption expenditure in Zambia, 2010–2024

100.0B200.0B300.0B400.0B2010201720242010: 62.2B current LCU2011: 69.2B current LCU2012: 77.6B current LCU2013: 89.9B current LCU2014: 99.5B current LCU2015: 112.6B current LCU2016: 130.9B current LCU2017: 132.2B current LCU2018: 158.5B current LCU2019: 179.9B current LCU2020: 173.0B current LCU2021: 210.2B current LCU2022: 247.1B current LCU2023: 336.8B current LCU2024: 402.0B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

In 2024, final consumption expenditure in Zambia stood at 401.95 billion current LCU. That is the highest value across all 15 years on record.

The figure is up 19.4% on the previous year and up 304.1% over ten years.

Over the whole period, final consumption expenditure in Zambia peaked at 401.95 billion current LCU in 2024 and was at its lowest, 62.19 billion current LCU, in 2010.

Zambia ranks 111th of 187 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.

Averages by decade

DecadeAverage LowestHighest Years
2010s 111.23 billion current LCU 62.19 billion current LCU 179.85 billion current LCU 10
2020s 273.82 billion current LCU 173.01 billion current LCU 401.95 billion current LCU 5

Countries ranked near Zambia

  1. 108 Mauritius 613.92 billion current LCU compare
  2. 109 Switzerland 534.14 billion current LCU compare
  3. 110 Belgium 489.67 billion current LCU compare
  4. 112 Austria 378.22 billion current LCU compare
  5. 113 Moldova 371.12 billion current LCU compare
  6. 114 New Zealand 337.09 billion current LCU compare

See the full ranking of 187 places →

More economy & growth data for Zambia

All data for Zambia →

Frequently asked questions

What is final consumption expenditure in Zambia?
Final consumption expenditure in Zambia was 401.95 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest final consumption expenditure recorded in Zambia?
The highest recorded value was 401.95 billion current LCU in 2024.
What is the lowest final consumption expenditure recorded in Zambia?
The lowest recorded value was 62.19 billion current LCU in 2010.
How does Zambia rank for final consumption expenditure?
Zambia ranks 111th out of 187 countries with data for 2024.
Is final consumption expenditure rising or falling in Zambia?
Over the last ten years it is up 304.1%. The long-run trend across the full record is volatile.
Where does this Zambia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Final consumption expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,766 data points, 1960–2025
Last refreshed

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.