Gross savings in Zambia

Zambia: Gross savings was 8.14 billion current US$ in 2024. ▲ Rising

Latest (2024)
8.14 billion current US$
Change on year
down 14.4%
World rank
98th
of 177 countries
All-time high
13.24 billion current US$
in 2022
All-time low
6.37 billion current US$
in 2010
Years of data
15
2010–2024

Gross savings in Zambia, 2010–2024

05.0B10.0B15.0B2010201720242010: 6.4B current US$2011: 8.5B current US$2012: 10.5B current US$2013: 10.6B current US$2014: 10.7B current US$2015: 8.0B current US$2016: 7.8B current US$2017: 11.2B current US$2018: 11.0B current US$2019: 9.3B current US$2020: 8.2B current US$2021: 10.2B current US$2022: 13.2B current US$2023: 9.5B current US$2024: 8.1B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2024, gross savings in Zambia stood at 8.14 billion current US$.

Compared with earlier readings it is down 14.4% on the previous year and down 24.1% over ten years.

Over the whole period, gross savings in Zambia peaked at 13.24 billion current US$ in 2022 and was at its lowest, 6.37 billion current US$, in 2010.

Zambia ranks 98th of 177 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.

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.40 billion current US$ 6.37 billion current US$ 11.20 billion current US$ 10
2020s 9.84 billion current US$ 8.14 billion current US$ 13.24 billion current US$ 5

Countries ranked near Zambia

  1. 95 Iceland 8.87 billion current US$ compare
  2. 96 El Salvador 8.37 billion current US$ compare
  3. 97 Cameroon 8.28 billion current US$ compare
  4. 99 Bolivia 7.57 billion current US$ compare
  5. 100 Georgia 7.07 billion current US$ compare
  6. 101 Senegal 7.04 billion current US$ compare

See the full ranking of 177 places →

More economy & growth data for Zambia

All data for Zambia →

Frequently asked questions

What is gross savings in Zambia?
Gross savings in Zambia was 8.14 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross savings recorded in Zambia?
The highest recorded value was 13.24 billion current US$ in 2022.
What is the lowest gross savings recorded in Zambia?
The lowest recorded value was 6.37 billion current US$ in 2010.
How does Zambia rank for gross savings?
Zambia ranks 98th out of 177 countries with data for 2024.
Is gross savings rising or falling in Zambia?
Over the last ten years it is down 24.1%. 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 Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross savings (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 6,426 data points, 1960–2025
Last refreshed

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.