Final consumption expenditure in Zambia

Zambia: Final consumption expenditure was 15.36 billion current US$ in 2024. ▬ Flat

Latest (2024)
15.36 billion current US$
Change on year
down 7.8%
World rank
132nd
of 186 countries
All-time high
16.66 billion current US$
in 2023
All-time low
9.43 billion current US$
in 2020
Years of data
15
2010–2024

Final consumption expenditure in Zambia, 2010–2024

05.0B10.0B15.0B2010201720242010: 13.0B current US$2011: 14.2B current US$2012: 15.1B current US$2013: 16.7B current US$2014: 16.2B current US$2015: 13.0B current US$2016: 12.7B current US$2017: 13.9B current US$2018: 15.2B current US$2019: 14.0B current US$2020: 9.4B current US$2021: 10.5B current US$2022: 14.6B current US$2023: 16.7B current US$2024: 15.4B current US$

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 186 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest 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

  1. 129 Benin 16.51 billion current US$ compare
  2. 130 North Macedonia 15.67 billion current US$ compare
  3. 131 Botswana 15.40 billion current US$ compare
  4. 133 Malawi 15.27 billion current US$ compare
  5. 134 Namibia 15.16 billion current US$ compare
  6. 135 Tajikistan 15.00 billion current US$ compare

See the full ranking of 230 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 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 186 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

Indicator
Final consumption expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 11,127 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 indicator is expressed in United States dollars.