Financial and insurance activities (banking), value added in Zambia
Zambia: Financial and insurance activities (banking), value added was 1.56 billion current US$ 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 US$.
Analysis
In 2011, financial and insurance activities (banking), value added in Zambia stood at 1.56 billion current US$. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 10.7% on the previous year and up 353.9% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Zambia peaked at 1.56 billion current US$ in 2011 and was at its lowest, 315.73 million current US$, in 2000.
Zambia ranks 7th of 37 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Zambia, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 315.73 million current US$ | — |
| 2001 | 343.07 million current US$ | +8.7% |
| 2002 | 339.46 million current US$ | -1.1% |
| 2003 | 390.36 million current US$ | +15.0% |
| 2004 | 477.67 million current US$ | +22.4% |
| 2005 | 620.93 million current US$ | +30.0% |
| 2006 | 901.13 million current US$ | +45.1% |
| 2007 | 911.23 million current US$ | +1.1% |
| 2008 | 1.17 billion current US$ | +28.1% |
| 2009 | 1.10 billion current US$ | -6.1% |
| 2010 | 1.41 billion current US$ | +28.2% |
| 2011 | 1.56 billion current US$ | +10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 656.40 million current US$ | 315.73 million current US$ | 1.17 billion current US$ | 10 |
| 2010s | 1.48 billion current US$ | 1.41 billion current US$ | 1.56 billion current US$ | 2 |
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)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.03 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,356 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.76 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 6.05 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 7,975 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -8.92 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3929 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Zambia?
- Financial and insurance activities (banking), value added in Zambia was 1.56 billion current US$ 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 1.56 billion current US$ in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Zambia?
- The lowest recorded value was 315.73 million current US$ in 2000.
- How does Zambia rank for financial and insurance activities (banking), value added?
- Zambia ranks 7th out of 37 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 353.9%. 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 US$). 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 U.S. dollars.