Financial and insurance activities (banking), value added in Zambia
Zambia: Financial and insurance activities (banking), value added was 7.57 trillion current LCU in 2011. ◆ Volatile
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 current LCU.
Analysis
In 2011, financial and insurance activities (banking), value added in Zambia stood at 7.57 trillion current LCU. That is the highest value across all 12 years on record.
The figure is up 12.2% on the previous year and up 511.0% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Zambia peaked at 7.57 trillion current LCU in 2011 and was at its lowest, 982.17 billion current LCU, in 2000.
Zambia ranks 1st of 36 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Zambia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | 982.17 billion current LCU | — |
| 2001 | 1.24 trillion current LCU | +26.1% |
| 2002 | 1.49 trillion current LCU | +20.5% |
| 2003 | 1.85 trillion current LCU | +23.7% |
| 2004 | 2.28 trillion current LCU | +23.5% |
| 2005 | 2.77 trillion current LCU | +21.4% |
| 2006 | 3.25 trillion current LCU | +17.1% |
| 2007 | 3.65 trillion current LCU | +12.3% |
| 2008 | 4.37 trillion current LCU | +19.9% |
| 2009 | 5.53 trillion current LCU | +26.5% |
| 2010 | 6.75 trillion current LCU | +21.9% |
| 2011 | 7.57 trillion current LCU | +12.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.74 trillion current LCU | 982.17 billion current LCU | 5.53 trillion current LCU | 10 |
| 2010s | 7.16 trillion current LCU | 6.75 trillion current LCU | 7.57 trillion current LCU | 2 |
Countries ranked near Zambia
- 2 Sierra Leone 599.69 billion current LCU compare
- 3 South Africa 565.22 billion current LCU compare
- 4 Kenya 262.69 billion current 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)
- 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)
- Services, value added (current US$), per capita 751.62 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.3 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 14.33 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 18,886 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 0.8373 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6272 constant 2015 US$ per US$ of GDP (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 7.57 trillion current 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 7.57 trillion current LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Zambia?
- The lowest recorded value was 982.17 billion current LCU in 2000.
- How does Zambia rank for financial and insurance activities (banking), value added?
- Zambia ranks 1st out of 36 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 511.0%. The long-run trend across the full record is volatile.
- 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 (current 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 current local currency.