Financial and insurance activities (banking), value added in Zambia
Zambia: Financial and insurance activities (banking), value added was 326.78 billion constant LCU in 2011. ▲ Rising
Financial and insurance activities (banking), value added in Zambia, 2000–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
The most recent figure for financial and insurance activities (banking), value added in Zambia is 326.78 billion constant LCU, measured in 2011. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 6.0% on the previous year and up 59.0% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Zambia peaked at 326.78 billion constant LCU in 2011 and was at its lowest, 205.40 billion constant LCU, in 2000.
Zambia ranks 2nd of 31 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
Financial and insurance activities (banking), value added in Zambia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2000 | 205.40 billion constant LCU | — |
| 2001 | 205.55 billion constant LCU | +0.1% |
| 2002 | 212.66 billion constant LCU | +3.5% |
| 2003 | 220.03 billion constant LCU | +3.5% |
| 2004 | 227.67 billion constant LCU | +3.5% |
| 2005 | 235.13 billion constant LCU | +3.3% |
| 2006 | 244.63 billion constant LCU | +4.0% |
| 2007 | 254.60 billion constant LCU | +4.1% |
| 2008 | 276.64 billion constant LCU | +8.7% |
| 2009 | 290.92 billion constant LCU | +5.2% |
| 2010 | 308.26 billion constant LCU | +6.0% |
| 2011 | 326.78 billion constant LCU | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 237.32 billion constant LCU | 205.40 billion constant LCU | 290.92 billion constant LCU | 10 |
| 2010s | 317.52 billion constant LCU | 308.26 billion constant LCU | 326.78 billion constant LCU | 2 |
Countries ranked near Zambia
- 1 South Africa 400.38 billion constant LCU compare
- 3 Tanzania, United Republic of 141.75 billion constant LCU compare
- 4 Senegal 134.82 billion constant LCU compare
- 5 Kenya 103.75 billion constant LCU compare
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0875 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 115.3 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 2.2 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,897 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.086 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 113.36 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 722.42 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 14.41 % change on previous year (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Zambia?
- Financial and insurance activities (banking), value added in Zambia was 326.78 billion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Zambia?
- The highest recorded value was 326.78 billion constant LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Zambia?
- The lowest recorded value was 205.40 billion constant LCU in 2000.
- How does Zambia rank for financial and insurance activities (banking), value added?
- Zambia ranks 2nd out of 31 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Zambia?
- Over the last ten years it is up 59.0%. The long-run trend across the full record is rising.
- Where does this Zambia data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in constant local currency.