Households and NPISHs Final consumption expenditure per capita, PPP in Zambia
Zambia: Households and NPISHs Final consumption expenditure per capita, PPP was 1,972 current international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Zambia, 2010–2024
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in current international $.
Analysis
The most recent figure for households and npishs final consumption expenditure per capita, ppp in Zambia is 1,972 current international $, measured in 2024. That is the highest value across all 15 years on record.
That represents a change of up 5.4% on the previous year and up 30.8% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Zambia peaked at 1,972 current international $ in 2024 and was at its lowest, 1,216 current international $, in 2020.
Zambia ranks 171st of 182 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in Zambia, year by year
| Year | current international $ | Change |
|---|---|---|
| 2010 | 1,501 current international $ | — |
| 2011 | 1,524 current international $ | +1.5% |
| 2012 | 1,541 current international $ | +1.1% |
| 2013 | 1,593 current international $ | +3.3% |
| 2014 | 1,508 current international $ | -5.4% |
| 2015 | 1,503 current international $ | -0.3% |
| 2016 | 1,428 current international $ | -5.0% |
| 2017 | 1,334 current international $ | -6.6% |
| 2018 | 1,547 current international $ | +16.0% |
| 2019 | 1,441 current international $ | -6.8% |
| 2020 | 1,216 current international $ | -15.6% |
| 2021 | 1,312 current international $ | +7.9% |
| 2022 | 1,371 current international $ | +4.5% |
| 2023 | 1,870 current international $ | +36.4% |
| 2024 | 1,972 current international $ | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,492 current international $ | 1,334 current international $ | 1,593 current international $ | 10 |
| 2020s | 1,548 current international $ | 1,216 current international $ | 1,972 current international $ | 5 |
Countries ranked near Zambia
- 168 Guinea-Bissau 2,090 current international $ compare
- 169 Burkina Faso 2,075 current international $ compare
- 170 Sudan 2,065 current international $ compare
- 172 Solomon Islands 1,762 current international $ compare
- 173 Somalia 1,674 current international $ compare
- 174 Malawi 1,577 current international $ 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)
- Exports of goods and services (current LCU), annual growth rate 1.73 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 9.15 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 10,866 current LCU per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -25.03 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.216 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 256.45 current US$ per person (2024)
- Gross fixed capital formation (current LCU), per unit of GDP 5.65 current LCU per US$ of GDP (2024)
- Gross fixed capital formation (current LCU), per capita 6,710 current LCU per person (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Zambia?
- Households and npishs final consumption expenditure per capita, ppp in Zambia was 1,972 current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Zambia?
- The highest recorded value was 1,972 current international $ in 2024.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Zambia?
- The lowest recorded value was 1,216 current international $ in 2020.
- How does Zambia rank for households and npishs final consumption expenditure per capita, ppp?
- Zambia ranks 171st out of 182 countries with data for 2024.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Zambia?
- Over the last ten years it is up 30.8%. The long-run trend across the full record is rising.
- Where does this Zambia data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.