Gross Domestic Product — Value Standard Local Currency, annual growth in Zambia
Zambia: Gross Domestic Product — Value Standard Local Currency, annual growth was 23.58 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Zambia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, annual growth in Zambia stood at 23.58 % change on previous year.
Compared with earlier readings it is up 82.1% on the previous year and up 62.7% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Zambia peaked at 160.94 % change on previous year in 1992 and was at its lowest, -8.2 % change on previous year, in 1975.
Zambia ranks 17th of 218 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, annual growth in Zambia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 1.94 % change on previous year | — |
| 1972 | 17.63 % change on previous year | +808.8% |
| 1973 | 15.9 % change on previous year | -9.8% |
| 1974 | 21.49 % change on previous year | +35.1% |
| 1975 | -8.2 % change on previous year | -138.1% |
| 1976 | 15.35 % change on previous year | -287.3% |
| 1977 | 10.81 % change on previous year | -29.6% |
| 1978 | 13.5 % change on previous year | +24.9% |
| 1979 | 22.4 % change on previous year | +65.9% |
| 1980 | 12.08 % change on previous year | -46.1% |
| 1981 | 2.63 % change on previous year | -78.3% |
| 1982 | 13.7 % change on previous year | +421.8% |
| 1983 | 26.58 % change on previous year | +94.0% |
| 1984 | 15.22 % change on previous year | -42.7% |
| 1985 | 50.29 % change on previous year | +230.4% |
| 1986 | 88.4 % change on previous year | +75.8% |
| 1987 | 22.4 % change on previous year | -74.7% |
| 1988 | 42.94 % change on previous year | +91.7% |
| 1989 | 90.46 % change on previous year | +110.7% |
| 1990 | 110.35 % change on previous year | +22.0% |
| 1991 | 89.9 % change on previous year | -18.5% |
| 1992 | 160.94 % change on previous year | +79.0% |
| 1993 | 160.22 % change on previous year | -0.4% |
| 1994 | 65.16 % change on previous year | -59.3% |
| 1995 | 34.39 % change on previous year | -47.2% |
| 1996 | 32.08 % change on previous year | -6.7% |
| 1997 | 30.19 % change on previous year | -5.9% |
| 1998 | 16.45 % change on previous year | -45.5% |
| 1999 | 23.41 % change on previous year | +42.3% |
| 2000 | 37.78 % change on previous year | +61.4% |
| 2001 | 32 % change on previous year | -15.3% |
| 2002 | 24.77 % change on previous year | -22.6% |
| 2003 | 25.78 % change on previous year | +4.1% |
| 2004 | 28.14 % change on previous year | +9.2% |
| 2005 | 25.09 % change on previous year | -10.8% |
| 2006 | 23.6 % change on previous year | -6.0% |
| 2007 | 22.41 % change on previous year | -5.0% |
| 2008 | 19.24 % change on previous year | -14.1% |
| 2009 | 15.29 % change on previous year | -20.5% |
| 2010 | 25.69 % change on previous year | +68.0% |
| 2011 | 22.43 % change on previous year | -12.7% |
| 2012 | 7.46 % change on previous year | -66.8% |
| 2013 | 12.16 % change on previous year | +63.1% |
| 2014 | 14.49 % change on previous year | +19.2% |
| 2015 | 9.65 % change on previous year | -33.4% |
| 2016 | 17.91 % change on previous year | +85.6% |
| 2017 | 16.09 % change on previous year | -10.2% |
| 2018 | 11.63 % change on previous year | -27.7% |
| 2019 | 9.19 % change on previous year | -21.0% |
| 2020 | 10.29 % change on previous year | +12.0% |
| 2021 | 33.53 % change on previous year | +226.0% |
| 2022 | 11.53 % change on previous year | -65.6% |
| 2023 | 12.95 % change on previous year | +12.3% |
| 2024 | 23.58 % change on previous year | +82.1% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth in Zambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1972 | +808.8% | 1.94 % change on previous year | 17.63 % change on previous year |
| 1982 | +421.8% | 2.63 % change on previous year | 13.7 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.32 % change on previous year | -8.2 % change on previous year | 22.4 % change on previous year | 9 |
| 1980s | 36.47 % change on previous year | 2.63 % change on previous year | 90.46 % change on previous year | 10 |
| 1990s | 72.31 % change on previous year | 16.45 % change on previous year | 160.94 % change on previous year | 10 |
| 2000s | 25.41 % change on previous year | 15.29 % change on previous year | 37.78 % change on previous year | 10 |
| 2010s | 14.67 % change on previous year | 7.46 % change on previous year | 25.69 % change on previous year | 10 |
| 2020s | 18.38 % change on previous year | 10.29 % change on previous year | 33.53 % change on previous year | 5 |
Countries ranked near Zambia
- 14 Malawi 29.66 % change on previous year compare
- 15 Pakistan 25.81 % change on previous year compare
- 16 Sierra Leone 24.8 % change on previous year compare
- 18 Lebanon 23.16 % change on previous year compare
- 19 Suriname 23.1 % change on previous year compare
- 20 Democratic Republic of the Congo 21.94 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 310.54 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0123 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.57 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.36 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 268.02 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0932 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 110.69 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 28.89 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in Zambia?
- Gross domestic product — value standard local currency, annual growth in Zambia was 23.58 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Zambia?
- The highest recorded value was 160.94 % change on previous year in 1992.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Zambia?
- The lowest recorded value was -8.2 % change on previous year in 1975.
- How does Zambia rank for gross domestic product — value standard local currency, annual growth?
- Zambia ranks 17th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Zambia?
- Over the last ten years it is up 62.7%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.