Gross savings (current US$), annual growth rate in Zambia
Zambia: Gross savings (current US$), annual growth rate was -14.39 % change on previous year in 2024. ◆ Volatile
Gross savings (current US$), annual growth rate in Zambia, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross savings (current us$), annual growth rate in Zambia stood at -14.39 % change on previous year.
That represents a change of up 49.0% on the previous year and down 1,696.8% over ten years.
Over the whole period, gross savings (current us$), annual growth rate in Zambia peaked at 43.08 % change on previous year in 2017 and was at its lowest, -28.23 % change on previous year, in 2023.
Zambia ranks 161st of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$), annual growth rate in Zambia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 32.71 % change on previous year | — |
| 2012 | 23.61 % change on previous year | -27.8% |
| 2013 | 1.73 % change on previous year | -92.7% |
| 2014 | 0.9012 % change on previous year | -47.8% |
| 2015 | -25.26 % change on previous year | -2902.9% |
| 2016 | -2.34 % change on previous year | -90.7% |
| 2017 | 43.08 % change on previous year | -1941.6% |
| 2018 | -1.6 % change on previous year | -103.7% |
| 2019 | -15.77 % change on previous year | +886.9% |
| 2020 | -12.19 % change on previous year | -22.7% |
| 2021 | 24.95 % change on previous year | -304.7% |
| 2022 | 30 % change on previous year | +20.2% |
| 2023 | -28.23 % change on previous year | -194.1% |
| 2024 | -14.39 % change on previous year | -49.0% |
Zambia compared with similar countries
- Zambia's -14.39 % change on previous year is below the median for lower middle income countries, which is 9.24 % change on previous year. (45 countries reporting)
- Zambia's -14.39 % change on previous year is below the median for Sub-Saharan Africa, which is 9.13 % change on previous year. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), annual growth rate in Zambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | -2902.9% | 0.9012 % change on previous year | -25.26 % change on previous year |
| 2017 | +1941.6% | -2.34 % change on previous year | 43.08 % change on previous year |
| 2019 | -886.9% | -1.6 % change on previous year | -15.77 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.34 % change on previous year | -25.26 % change on previous year | 43.08 % change on previous year | 9 |
| 2020s | 0.0279 % change on previous year | -28.23 % change on previous year | 30 % change on previous year | 5 |
Countries ranked near Zambia
- 158 Kuwait -12.12 % change on previous year compare
- 159 Jordan -13.59 % change on previous year
- 160 Argentina -14.28 % change on previous year compare
- 162 Egypt -17.59 % change on previous year compare
- 163 Iraq -18.92 % change on previous year compare
- 164 Libya -19.73 % change on previous year compare
More economy & growth data for Zambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.92 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 310.54 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0123 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.57 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.36 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 268.02 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0932 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 110.69 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 28.89 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current us$), annual growth rate in Zambia?
- Gross savings (current us$), annual growth rate in Zambia was -14.39 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), annual growth rate recorded in Zambia?
- The highest recorded value was 43.08 % change on previous year in 2017.
- What is the lowest gross savings (current us$), annual growth rate recorded in Zambia?
- The lowest recorded value was -28.23 % change on previous year in 2023.
- How does Zambia rank for gross savings (current us$), annual growth rate?
- Zambia ranks 161st out of 177 countries with data for 2024.
- Is gross savings (current us$), annual growth rate rising or falling in Zambia?
- Over the last ten years it is down 1,696.8%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.