Gross Domestic Product — Value US$ in Zambia
Zambia: Gross Domestic Product — Value US$ was 26,326 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Zambia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in Zambia is 26,326 million USD, measured in 2024.
Compared with earlier readings it is down 4.5% on the previous year and down 1.4% over ten years.
Over the whole period, gross domestic product — value us$ in Zambia peaked at 29,137 million USD in 2022 and was at its lowest, 1,544 million USD, in 1970.
That places Zambia 112th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Zambia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,544 million USD | — |
| 1971 | 1,574 million USD | +1.9% |
| 1972 | 1,852 million USD | +17.6% |
| 1973 | 2,350 million USD | +26.9% |
| 1974 | 2,895 million USD | +23.2% |
| 1975 | 2,658 million USD | -8.2% |
| 1976 | 2,814 million USD | +5.8% |
| 1977 | 2,767 million USD | -1.6% |
| 1978 | 3,098 million USD | +12.0% |
| 1979 | 3,827 million USD | +23.5% |
| 1980 | 4,315 million USD | +12.7% |
| 1981 | 4,016 million USD | -6.9% |
| 1982 | 4,275 million USD | +6.5% |
| 1983 | 3,992 million USD | -6.6% |
| 1984 | 3,194 million USD | -20.0% |
| 1985 | 2,772 million USD | -13.2% |
| 1986 | 2,105 million USD | -24.1% |
| 1987 | 2,108 million USD | +0.1% |
| 1988 | 3,471 million USD | +64.6% |
| 1989 | 3,956 million USD | +14.0% |
| 1990 | 3,795 million USD | -4.1% |
| 1991 | 3,377 million USD | -11.0% |
| 1992 | 3,307 million USD | -2.1% |
| 1993 | 3,274 million USD | -1.0% |
| 1994 | 3,657 million USD | +11.7% |
| 1995 | 3,807 million USD | +4.1% |
| 1996 | 3,597 million USD | -5.5% |
| 1997 | 4,303 million USD | +19.6% |
| 1998 | 3,538 million USD | -17.8% |
| 1999 | 3,404 million USD | -3.8% |
| 2000 | 3,601 million USD | +5.8% |
| 2001 | 4,094 million USD | +13.7% |
| 2002 | 4,194 million USD | +2.4% |
| 2003 | 4,902 million USD | +16.9% |
| 2004 | 6,221 million USD | +26.9% |
| 2005 | 8,329 million USD | +33.9% |
| 2006 | 12,762 million USD | +53.2% |
| 2007 | 14,060 million USD | +10.2% |
| 2008 | 17,914 million USD | +27.4% |
| 2009 | 15,332 million USD | -14.4% |
| 2010 | 20,264 million USD | +32.2% |
| 2011 | 24,483 million USD | +20.8% |
| 2012 | 24,847 million USD | +1.5% |
| 2013 | 26,582 million USD | +7.0% |
| 2014 | 26,687 million USD | +0.4% |
| 2015 | 20,864 million USD | -21.8% |
| 2016 | 20,602 million USD | -1.3% |
| 2017 | 25,901 million USD | +25.7% |
| 2018 | 26,312 million USD | +1.6% |
| 2019 | 23,309 million USD | -11.4% |
| 2020 | 18,064 million USD | -22.5% |
| 2021 | 22,104 million USD | +22.4% |
| 2022 | 29,137 million USD | +31.8% |
| 2023 | 27,578 million USD | -5.3% |
| 2024 | 26,326 million USD | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,538 million USD | 1,544 million USD | 3,827 million USD | 10 |
| 1980s | 3,421 million USD | 2,105 million USD | 4,315 million USD | 10 |
| 1990s | 3,606 million USD | 3,274 million USD | 4,303 million USD | 10 |
| 2000s | 9,141 million USD | 3,601 million USD | 17,914 million USD | 10 |
| 2010s | 23,985 million USD | 20,264 million USD | 26,687 million USD | 10 |
| 2020s | 24,642 million USD | 18,064 million USD | 29,137 million USD | 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)
- GNI (current LCU), annual growth rate 12.03 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 22.89 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 30,170 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 6.67 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 10.38 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -14.86 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0353 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 46.51 current US$ per person (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Zambia?
- Gross domestic product — value us$ in Zambia was 26,326 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Zambia?
- The highest recorded value was 29,137 million USD in 2022.
- What is the lowest gross domestic product — value us$ recorded in Zambia?
- The lowest recorded value was 1,544 million USD in 1970.
- How does Zambia rank for gross domestic product — value us$?
- Zambia ranks 112th out of 203 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Zambia?
- Over the last ten years it is down 1.4%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).