Net trade in goods and services in Zambia
Zambia: Net trade in goods and services was 688.73 million BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Zambia, 1978–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Zambia is 688.73 million BoP, current US$, measured in 2024.
That represents a change of up 20.1% on the previous year and down 17.2% over ten years.
Over the whole period, net trade in goods and services in Zambia peaked at 4.04 billion BoP, current US$ in 2021 and was at its lowest, -645.15 million BoP, current US$, in 2015.
That places Zambia 64th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Zambia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1978 | -82.20 million BoP, current US$ | — |
| 1979 | 311.30 million BoP, current US$ | -478.7% |
| 1980 | -156.50 million BoP, current US$ | -150.3% |
| 1981 | -500.80 million BoP, current US$ | +220.0% |
| 1982 | -348.40 million BoP, current US$ | -30.4% |
| 1983 | -23.40 million BoP, current US$ | -93.3% |
| 1984 | 65.50 million BoP, current US$ | -379.9% |
| 1985 | 39.20 million BoP, current US$ | -40.2% |
| 1986 | 22.90 million BoP, current US$ | -41.6% |
| 1987 | 91.50 million BoP, current US$ | +299.6% |
| 1988 | 271.30 million BoP, current US$ | +196.5% |
| 1989 | 207.80 million BoP, current US$ | -23.4% |
| 1990 | -536.80 million BoP, current US$ | -358.3% |
| 1991 | 140.10 million BoP, current US$ | -126.1% |
| 1997 | -115.40 million BoP, current US$ | -182.4% |
| 1998 | -332.20 million BoP, current US$ | +187.9% |
| 1999 | -297.20 million BoP, current US$ | -10.5% |
| 2000 | -440.35 million BoP, current US$ | +48.2% |
| 2001 | -564.73 million BoP, current US$ | +28.2% |
| 2002 | -474.32 million BoP, current US$ | -16.0% |
| 2003 | -544.41 million BoP, current US$ | +14.8% |
| 2004 | -97.93 million BoP, current US$ | -82.0% |
| 2005 | 254.71 million BoP, current US$ | -360.1% |
| 2006 | 1.40 billion BoP, current US$ | +448.6% |
| 2007 | 781.61 million BoP, current US$ | -44.1% |
| 2008 | 242.69 million BoP, current US$ | -69.0% |
| 2009 | 815.29 million BoP, current US$ | +235.9% |
| 2010 | 2.46 billion BoP, current US$ | +201.3% |
| 2011 | 1.87 billion BoP, current US$ | -23.8% |
| 2012 | 1.25 billion BoP, current US$ | -33.1% |
| 2013 | 589.79 million BoP, current US$ | -52.9% |
| 2014 | 831.84 million BoP, current US$ | +41.0% |
| 2015 | -645.15 million BoP, current US$ | -177.6% |
| 2016 | -511.90 million BoP, current US$ | -20.7% |
| 2017 | 350.87 million BoP, current US$ | -168.5% |
| 2018 | -210.42 million BoP, current US$ | -160.0% |
| 2019 | 222.17 million BoP, current US$ | -205.6% |
| 2020 | 2.69 billion BoP, current US$ | +1111.8% |
| 2021 | 4.04 billion BoP, current US$ | +49.9% |
| 2022 | 2.42 billion BoP, current US$ | -40.0% |
| 2023 | 573.65 million BoP, current US$ | -76.3% |
| 2024 | 688.73 million BoP, current US$ | +20.1% |
Zambia compared with similar countries
- Zambia's 688.73 million BoP, current US$ is above the median for lower middle income countries, which is -1.21 billion BoP, current US$. (47 countries reporting)
- Zambia's 688.73 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -701.38 million BoP, current US$. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Zambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +1111.8% | 222.17 million BoP, current US$ | 2.69 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 114.55 million BoP, current US$ | -82.20 million BoP, current US$ | 311.30 million BoP, current US$ | 2 |
| 1980s | -33.09 million BoP, current US$ | -500.80 million BoP, current US$ | 271.30 million BoP, current US$ | 10 |
| 1990s | -228.30 million BoP, current US$ | -536.80 million BoP, current US$ | 140.10 million BoP, current US$ | 5 |
| 2000s | 136.98 million BoP, current US$ | -564.73 million BoP, current US$ | 1.40 billion BoP, current US$ | 10 |
| 2010s | 620.67 million BoP, current US$ | -645.15 million BoP, current US$ | 2.46 billion BoP, current US$ | 10 |
| 2020s | 2.08 billion BoP, current US$ | 573.65 million BoP, current US$ | 4.04 billion BoP, current US$ | 5 |
Countries ranked near Zambia
- 61 Guinea 1.49 billion BoP, current US$ compare
- 62 Cayman Islands 1.26 billion BoP, current US$ compare
- 63 Laos 1.19 billion BoP, current US$ compare
- 65 Andorra 645.19 million BoP, current US$ compare
- 66 San Marino 628.49 million BoP, current US$ compare
- 67 Aruba 587.86 million BoP, current US$ 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$), annual growth rate 28.89 % change on previous year (2024)
Frequently asked questions
- What is net trade in goods and services in Zambia?
- Net trade in goods and services in Zambia was 688.73 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Zambia?
- The highest recorded value was 4.04 billion BoP, current US$ in 2021.
- What is the lowest net trade in goods and services recorded in Zambia?
- The lowest recorded value was -645.15 million BoP, current US$ in 2015.
- How does Zambia rank for net trade in goods and services?
- Zambia ranks 64th out of 200 countries with data for 2024.
- Is net trade in goods and services rising or falling in Zambia?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.