Gross domestic savings (current US$) in Zambia
Zambia: Gross domestic savings (current US$) was 9.94 billion current US$ in 2024. ▲ Rising
Gross domestic savings in Zambia, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross domestic savings in Zambia is 9.94 billion current US$, measured in 2024.
That represents a change of down 8.9% on the previous year and down 9.5% over ten years.
Over the whole period, gross domestic savings in Zambia peaked at 14.57 billion current US$ in 2022 and was at its lowest, 7.30 billion current US$, in 2010.
Zambia ranks 95th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Gross domestic savings (current US$) in Zambia, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 7.30 billion current US$ | — |
| 2011 | 9.23 billion current US$ | +26.5% |
| 2012 | 10.43 billion current US$ | +12.9% |
| 2013 | 11.38 billion current US$ | +9.1% |
| 2014 | 10.98 billion current US$ | -3.5% |
| 2015 | 8.21 billion current US$ | -25.2% |
| 2016 | 8.26 billion current US$ | +0.7% |
| 2017 | 11.99 billion current US$ | +45.1% |
| 2018 | 11.15 billion current US$ | -7.0% |
| 2019 | 9.36 billion current US$ | -16.1% |
| 2020 | 8.71 billion current US$ | -6.9% |
| 2021 | 11.59 billion current US$ | +33.2% |
| 2022 | 14.57 billion current US$ | +25.7% |
| 2023 | 10.92 billion current US$ | -25.1% |
| 2024 | 9.94 billion current US$ | -8.9% |
Zambia compared with similar countries
- Zambia's 9.94 billion current US$ is above the median for lower middle income countries, which is 3.13 billion current US$, 3.2× the median. (45 countries reporting)
- Zambia's 9.94 billion current US$ is above the median for Sub-Saharan Africa, which is 3.09 billion current US$, 3.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.83 billion current US$ | 7.30 billion current US$ | 11.99 billion current US$ | 10 |
| 2020s | 11.15 billion current US$ | 8.71 billion current US$ | 14.57 billion current US$ | 5 |
Countries ranked near Zambia
More economy & growth data for Zambia
- Real gdp growth, annual growth rate -28.84 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross domestic savings in Zambia?
- Gross domestic savings in Zambia was 9.94 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Zambia?
- The highest recorded value was 14.57 billion current US$ in 2022.
- What is the lowest gross domestic savings recorded in Zambia?
- The lowest recorded value was 7.30 billion current US$ in 2010.
- How does Zambia rank for gross domestic savings?
- Zambia ranks 95th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Zambia?
- Over the last ten years it is down 9.5%. The long-run trend across the full record is rising.
- 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 Gross domestic savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.