Gross domestic savings (current LCU), annual growth rate in Zambia

Zambia: Gross domestic savings (current LCU), annual growth rate was 17.91 % change on previous year in 2024. ◆ Volatile

Latest (2024)
17.91 % change on previous year
Change on year
up 268.8%
World rank
45th
of 185 countries
All-time high
45.33 % change on previous year
in 2021
All-time low
-10.61 % change on previous year
in 2023
Years of data
14
2011–2024

Gross domestic savings (current LCU), annual growth rate in Zambia, 2011–2024

-20020402011201720242011: 28.1 % change on previous year2012: 19.6 % change on previous year2013: 14.4 % change on previous year2014: 10.1 % change on previous year2015: 4.8 % change on previous year2016: 20.3 % change on previous year2017: 33.9 % change on previous year2018: 2.2 % change on previous year2019: 3.4 % change on previous year2020: 32.4 % change on previous year2021: 45.3 % change on previous year2022: 6.3 % change on previous year2023: -10.6 % change on previous year2024: 17.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross domestic savings (current lcu), annual growth rate in Zambia stood at 17.91 % change on previous year.

The figure is up 268.8% on the previous year and up 78.0% over ten years.

Over the whole period, gross domestic savings (current lcu), annual growth rate in Zambia peaked at 45.33 % change on previous year in 2021 and was at its lowest, -10.61 % change on previous year, in 2023.

That places Zambia 45th out of 185 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic savings (current LCU), annual growth rate in Zambia, year by year

Annual values for Gross domestic savings (current LCU), annual growth rate in Zambia, 2011 to 2024.
Year % change on previous year Change
2011 28.13 % change on previous year
2012 19.61 % change on previous year -30.3%
2013 14.4 % change on previous year -26.5%
2014 10.06 % change on previous year -30.2%
2015 4.8 % change on previous year -52.3%
2016 20.31 % change on previous year +323.2%
2017 33.89 % change on previous year +66.9%
2018 2.24 % change on previous year -93.4%
2019 3.38 % change on previous year +50.4%
2020 32.44 % change on previous year +860.7%
2021 45.33 % change on previous year +39.7%
2022 6.34 % change on previous year -86.0%
2023 -10.61 % change on previous year -267.3%
2024 17.91 % change on previous year -268.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 15.2 % change on previous year 2.24 % change on previous year 33.89 % change on previous year 9
2020s 18.28 % change on previous year -10.61 % change on previous year 45.33 % change on previous year 5

Countries ranked near Zambia

  1. 42 Romania 18.5 % change on previous year compare
  2. 43 Sri Lanka 18.14 % change on previous year compare
  3. 44 Sierra Leone 18.13 % change on previous year compare
  4. 46 Libya 16.7 % change on previous year compare
  5. 47 Chile 15.9 % change on previous year compare
  6. 48 Tanzania, United Republic of 15.53 % change on previous year compare

See the full ranking of 185 places →

More economy & growth data for Zambia

All data for Zambia →

Frequently asked questions

What is gross domestic savings (current lcu), annual growth rate in Zambia?
Gross domestic savings (current lcu), annual growth rate in Zambia was 17.91 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic savings (current lcu), annual growth rate recorded in Zambia?
The highest recorded value was 45.33 % change on previous year in 2021.
What is the lowest gross domestic savings (current lcu), annual growth rate recorded in Zambia?
The lowest recorded value was -10.61 % change on previous year in 2023.
How does Zambia rank for gross domestic savings (current lcu), annual growth rate?
Zambia ranks 45th out of 185 countries with data for 2024.
Is gross domestic savings (current lcu), annual growth rate rising or falling in Zambia?
Over the last ten years it is up 78.0%. 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 savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic savings (current LCU), annual growth rate in Zambia. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/gross-domestic-savings-current-lcu-annual-growth-rate/zambia/

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How this figure is calculated

The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross domestic savings (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
185 places, 8,426 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.