Gross domestic savings in Zambia
Zambia: Gross domestic savings 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$, in 2010.
Zambia ranks 95th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Gross domestic savings in Zambia, year by year
| Year | current US$ | 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% |
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
- 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)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.03 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,356 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.76 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 6.05 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 7,975 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -8.92 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3929 current US$ per US$ of GDP (2024)
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 187 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.