Gross National Income — Value Standard Local Currency, annual growth in Zambia

Zambia: Gross National Income — Value Standard Local Currency, annual growth was 12.95 % change on previous year in 2023. ◆ Volatile

Latest (2023)
12.95 % change on previous year
Change on year
up 12.3%
World rank
59th
of 231 countries
All-time high
166.35 % change on previous year
in 1993
All-time low
-16.44 % change on previous year
in 1975
Years of data
53
1971–2023

Gross National Income — Value Standard Local Currency, annual growth in Zambia, 1971–2023

050100150197119972023

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

Analysis

In 2023, gross national income — value standard local currency, annual growth in Zambia stood at 12.95 % change on previous year.

That represents a change of up 12.3% on the previous year and up 7.8% over ten years.

Over the whole period, gross national income — value standard local currency, annual growth in Zambia peaked at 166.35 % change on previous year in 1993 and was at its lowest, -16.44 % change on previous year, in 1975.

That places Zambia 59th out of 231 countries with data for 2023, 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 National Income — Value Standard Local Currency, annual growth in Zambia, year by year

Annual values for Gross National Income — Value Standard Local Currency, annual growth rate in Zambia, 1971 to 2023.
Year % change on previous year Change
1971 -7.97 % change on previous year
1972 11.22 % change on previous year -240.8%
1973 18.41 % change on previous year +64.1%
1974 19.71 % change on previous year +7.1%
1975 -16.44 % change on previous year -183.4%
1976 17.07 % change on previous year -203.8%
1977 7.47 % change on previous year -56.3%
1978 12.97 % change on previous year +73.8%
1979 18.47 % change on previous year +42.4%
1980 11.58 % change on previous year -37.3%
1981 19.49 % change on previous year +68.3%
1982 -0.3365 % change on previous year -101.7%
1983 16.55 % change on previous year -5017.9%
1984 15.79 % change on previous year -4.6%
1985 39.66 % change on previous year +151.2%
1986 66.95 % change on previous year +68.8%
1987 65.02 % change on previous year -2.9%
1988 35.77 % change on previous year -45.0%
1989 121.54 % change on previous year +239.8%
1990 114.25 % change on previous year -6.0%
1991 83.99 % change on previous year -26.5%
1992 165.23 % change on previous year +96.7%
1993 166.35 % change on previous year +0.7%
1994 67.53 % change on previous year -59.4%
1995 34.55 % change on previous year -48.8%
1996 32.97 % change on previous year -4.6%
1997 30.05 % change on previous year -8.9%
1998 15.88 % change on previous year -47.2%
1999 25.36 % change on previous year +59.7%
2000 38.47 % change on previous year +51.7%
2001 32.42 % change on previous year -15.7%
2002 25.34 % change on previous year -21.8%
2003 26.65 % change on previous year +5.2%
2004 23.53 % change on previous year -11.7%
2005 23.52 % change on previous year -0.0%
2006 21.48 % change on previous year -8.7%
2007 19.94 % change on previous year -7.2%
2008 23.5 % change on previous year +17.8%
2009 21.64 % change on previous year -7.9%
2010 20.55 % change on previous year -5.0%
2011 19.54 % change on previous year -4.9%
2012 19.5 % change on previous year -0.2%
2013 12.01 % change on previous year -38.4%
2014 8.68 % change on previous year -27.7%
2015 14.39 % change on previous year +65.7%
2016 11.68 % change on previous year -18.8%
2017 18.54 % change on previous year +58.8%
2018 13.43 % change on previous year -27.6%
2019 8.3 % change on previous year -38.2%
2020 9.53 % change on previous year +14.8%
2021 27.64 % change on previous year +190.1%
2022 11.53 % change on previous year -58.3%
2023 12.95 % change on previous year +12.3%

Biggest year-on-year movements

Years where Gross National Income — 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.

YearChange FromTo
1983 +5017.9% -0.3365 % change on previous year 16.55 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.99 % change on previous year -16.44 % change on previous year 19.71 % change on previous year 9
1980s 39.2 % change on previous year -0.3365 % change on previous year 121.54 % change on previous year 10
1990s 73.61 % change on previous year 15.88 % change on previous year 166.35 % change on previous year 10
2000s 25.65 % change on previous year 19.94 % change on previous year 38.47 % change on previous year 10
2010s 14.66 % change on previous year 8.3 % change on previous year 20.55 % change on previous year 10
2020s 15.41 % change on previous year 9.53 % change on previous year 27.64 % change on previous year 4

Countries ranked near Zambia

  1. 56 Malta 13.29 % change on previous year compare
  2. 57 Bangladesh 13.1 % change on previous year compare
  3. 58 Iceland 13.09 % change on previous year compare
  4. 60 Moldova 12.48 % change on previous year compare
  5. 60 Republic of Moldova 12.48 % change on previous year compare
  6. 62 Belarus 12.47 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Zambia

All data for Zambia →

Frequently asked questions

What is gross national income — value standard local currency, annual growth in Zambia?
Gross national income — value standard local currency, annual growth in Zambia was 12.95 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, annual growth recorded in Zambia?
The highest recorded value was 166.35 % change on previous year in 1993.
What is the lowest gross national income — value standard local currency, annual growth recorded in Zambia?
The lowest recorded value was -16.44 % change on previous year in 1975.
How does Zambia rank for gross national income — value standard local currency, annual growth?
Zambia ranks 59th out of 231 countries with data for 2023.
Is gross national income — value standard local currency, annual growth rising or falling in Zambia?
Over the last ten years it is up 7.8%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, annual growth in Zambia. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-annual-growth-rate/zambia/

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How this figure is calculated

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. 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 National Income — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,164 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.