Final consumption expenditure (current US$) in Zambia
Zambia: Final consumption expenditure (current US$) was 15.36 billion current US$ in 2024. ▬ Flat
Final consumption expenditure in Zambia, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, final consumption expenditure in Zambia stood at 15.36 billion current US$.
That represents a change of down 7.8% on the previous year and down 4.9% over ten years.
Over the whole period, final consumption expenditure in Zambia peaked at 16.66 billion current US$ in 2023 and was at its lowest, 9.43 billion current US$, in 2020.
Zambia ranks 132nd of 188 countries on this measure, in the middle of the range.
Final consumption expenditure (current US$) in Zambia, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 12.96 billion current US$ | — |
| 2011 | 14.23 billion current US$ | +9.7% |
| 2012 | 15.07 billion current US$ | +6.0% |
| 2013 | 16.66 billion current US$ | +10.5% |
| 2014 | 16.16 billion current US$ | -3.0% |
| 2015 | 13.04 billion current US$ | -19.3% |
| 2016 | 12.69 billion current US$ | -2.7% |
| 2017 | 13.89 billion current US$ | +9.4% |
| 2018 | 15.16 billion current US$ | +9.2% |
| 2019 | 13.95 billion current US$ | -7.9% |
| 2020 | 9.43 billion current US$ | -32.4% |
| 2021 | 10.50 billion current US$ | +11.4% |
| 2022 | 14.59 billion current US$ | +38.9% |
| 2023 | 16.66 billion current US$ | +14.2% |
| 2024 | 15.36 billion current US$ | -7.8% |
Zambia compared with similar countries
- Zambia's 15.36 billion current US$ is below the median for lower middle income countries, which is 23.88 billion current US$, 64% of the median. (45 countries reporting)
- Zambia's 15.36 billion current US$ is above the median for Sub-Saharan Africa, which is 15.32 billion current US$, 1.0× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.38 billion current US$ | 12.69 billion current US$ | 16.66 billion current US$ | 10 |
| 2020s | 13.31 billion current US$ | 9.43 billion current US$ | 16.66 billion current US$ | 5 |
Countries ranked near Zambia
More economy & growth data for Zambia
- Real gdp growth, annual growth rate -28.84 % change on previous year (2024)
- 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)
Frequently asked questions
- What is final consumption expenditure in Zambia?
- Final consumption expenditure in Zambia was 15.36 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Zambia?
- The highest recorded value was 16.66 billion current US$ in 2023.
- What is the lowest final consumption expenditure recorded in Zambia?
- The lowest recorded value was 9.43 billion current US$ in 2020.
- How does Zambia rank for final consumption expenditure?
- Zambia ranks 132nd out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in Zambia?
- Over the last ten years it is down 4.9%. The long-run trend across the full record is flat.
- Where does this Zambia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
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 indicator is expressed in United States dollars.