Final consumption expenditure in Zambia
Zambia: Final consumption expenditure was 60.7% in 2024. ▼ Falling
Final consumption expenditure in Zambia, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Zambia recorded 60.7% for final consumption expenditure in 2024.
The figure is up 0.5% on the previous year and up 2.0% over ten years.
Over the whole period, final consumption expenditure in Zambia peaked at 64.0% in 2010 and was at its lowest, 47.5%, in 2021.
Zambia ranks 170th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Final consumption expenditure in Zambia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 64.0% | — |
| 2011 | 60.6% | -5.2% |
| 2012 | 59.1% | -2.5% |
| 2013 | 59.4% | +0.5% |
| 2014 | 59.5% | +0.2% |
| 2015 | 61.4% | +3.1% |
| 2016 | 60.6% | -1.3% |
| 2017 | 53.7% | -11.4% |
| 2018 | 57.6% | +7.3% |
| 2019 | 59.9% | +3.9% |
| 2020 | 52.0% | -13.1% |
| 2021 | 47.5% | -8.6% |
| 2022 | 50.0% | +5.3% |
| 2023 | 60.4% | +20.8% |
| 2024 | 60.7% | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 59.6% | 53.7% | 64.0% | 10 |
| 2020s | 54.1% | 47.5% | 60.7% | 5 |
Countries ranked near Zambia
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)
- Industry (including construction), value added (constant 2015 US$) 5.21 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3252 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 428.51 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 5.21 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 1.72 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 2,273 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 13.82 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5703 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure in Zambia?
- Final consumption expenditure in Zambia was 60.7% 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 64.0% in 2010.
- What is the lowest final consumption expenditure recorded in Zambia?
- The lowest recorded value was 47.5% in 2021.
- How does Zambia rank for final consumption expenditure?
- Zambia ranks 170th 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 2.0%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.