General government final consumption expenditure (current LCU) in Zambia
Zambia: General government final consumption expenditure (current LCU) was 83.94 billion current LCU in 2024. ◆ Volatile
General government final consumption expenditure in Zambia, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, general government final consumption expenditure in Zambia stood at 83.94 billion current LCU. That is the highest value across all 15 years on record.
The figure is up 13.1% on the previous year and up 246.0% over ten years.
Over the whole period, general government final consumption expenditure in Zambia peaked at 83.94 billion current LCU in 2024 and was at its lowest, 9.12 billion current LCU, in 2010.
Zambia ranks 112th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (current LCU) in Zambia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 9.12 billion current LCU | — |
| 2011 | 11.68 billion current LCU | +28.1% |
| 2012 | 15.62 billion current LCU | +33.7% |
| 2013 | 18.44 billion current LCU | +18.1% |
| 2014 | 24.26 billion current LCU | +31.6% |
| 2015 | 27.10 billion current LCU | +11.7% |
| 2016 | 34.73 billion current LCU | +28.1% |
| 2017 | 33.79 billion current LCU | -2.7% |
| 2018 | 34.97 billion current LCU | +3.5% |
| 2019 | 53.13 billion current LCU | +51.9% |
| 2020 | 48.88 billion current LCU | -8.0% |
| 2021 | 51.01 billion current LCU | +4.4% |
| 2022 | 71.39 billion current LCU | +40.0% |
| 2023 | 74.21 billion current LCU | +3.9% |
| 2024 | 83.94 billion current LCU | +13.1% |
Zambia compared with similar countries
- Zambia's 83.94 billion current LCU is below the median for lower middle income countries, which is 156.44 billion current LCU, 54% of the median. (45 countries reporting)
- Zambia's 83.94 billion current LCU is below the median for Sub-Saharan Africa, which is 1.27 trillion current LCU, 7% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.28 billion current LCU | 9.12 billion current LCU | 53.13 billion current LCU | 10 |
| 2020s | 65.88 billion current LCU | 48.88 billion current LCU | 83.94 billion current LCU | 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)
- SDRs holdings, US dollar, annual growth rate 13.19 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.1053 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 138.75 units per person (2025)
- SDRs holdings, SDR, annual growth rate 7.79 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0769 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 101.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0464 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in Zambia?
- General government final consumption expenditure in Zambia was 83.94 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Zambia?
- The highest recorded value was 83.94 billion current LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in Zambia?
- The lowest recorded value was 9.12 billion current LCU in 2010.
- How does Zambia rank for general government final consumption expenditure?
- Zambia ranks 112th out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Zambia?
- Over the last ten years it is up 246.0%. The long-run trend across the full record is volatile.
- 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 General government final consumption expenditure (current LCU). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.