Total debt service in Zambia
Zambia: Total debt service was 30.5% in 2024. ◆ Volatile
Total debt service in Zambia, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for total debt service in Zambia is 30.5%, measured in 2024.
The figure is up 270.5% on the previous year and up 673.7% over ten years.
Over the whole period, total debt service in Zambia peaked at 52.1% in 1986 and was at its lowest, 1.9%, in 2010.
That places Zambia 14th out of 120 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Zambia, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1978 | 31.2% | — |
| 1979 | 22.1% | -29.1% |
| 1980 | 25.4% | +14.7% |
| 1981 | 36.0% | +42.2% |
| 1982 | 31.1% | -13.7% |
| 1983 | 29.1% | -6.4% |
| 1984 | 25.0% | -14.2% |
| 1985 | 15.7% | -37.1% |
| 1986 | 52.1% | +231.2% |
| 1987 | 19.0% | -63.5% |
| 1988 | 15.1% | -20.5% |
| 1989 | 13.3% | -11.8% |
| 1990 | 14.7% | +10.6% |
| 1991 | 46.9% | +218.2% |
| 1997 | 19.4% | -58.7% |
| 1998 | 21.0% | +8.6% |
| 1999 | 16.5% | -21.6% |
| 2000 | 21.2% | +28.9% |
| 2001 | 17.4% | -18.2% |
| 2002 | 19.8% | +13.9% |
| 2003 | 43.6% | +120.2% |
| 2004 | 22.3% | -48.9% |
| 2005 | 10.0% | -55.0% |
| 2006 | 3.2% | -68.2% |
| 2007 | 2.4% | -25.2% |
| 2008 | 2.9% | +22.4% |
| 2009 | 3.5% | +18.8% |
| 2010 | 1.9% | -44.1% |
| 2011 | 2.4% | +23.9% |
| 2012 | 2.3% | -4.4% |
| 2013 | 3.0% | +32.8% |
| 2014 | 3.9% | +29.3% |
| 2015 | 7.0% | +78.4% |
| 2016 | 10.4% | +48.6% |
| 2017 | 9.9% | -5.2% |
| 2018 | 13.7% | +38.4% |
| 2019 | 32.8% | +139.5% |
| 2020 | 23.8% | -27.4% |
| 2021 | 14.6% | -38.5% |
| 2022 | 11.7% | -19.8% |
| 2023 | 8.2% | -30.0% |
| 2024 | 30.5% | +270.5% |
Zambia compared with similar countries
- Zambia's 30.5% is above the median for lower middle income countries, which is 16.6%, 1.8× the median. (43 countries reporting)
- Zambia's 30.5% is above the median for Sub-Saharan Africa, which is 11.8%, 2.6× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Total debt service 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 |
|---|---|---|---|
| 2024 | +270.5% | 8.2% | 30.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.6% | 22.1% | 31.2% | 2 |
| 1980s | 26.2% | 13.3% | 52.1% | 10 |
| 1990s | 23.7% | 14.7% | 46.9% | 5 |
| 2000s | 14.6% | 2.4% | 43.6% | 10 |
| 2010s | 8.7% | 1.9% | 32.8% | 10 |
| 2020s | 17.8% | 8.2% | 30.5% | 5 |
Countries ranked near Zambia
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 total debt service in Zambia?
- Total debt service in Zambia was 30.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Zambia?
- The highest recorded value was 52.1% in 1986.
- What is the lowest total debt service recorded in Zambia?
- The lowest recorded value was 1.9% in 2010.
- How does Zambia rank for total debt service?
- Zambia ranks 14th out of 120 countries with data for 2024.
- Is total debt service rising or falling in Zambia?
- Over the last ten years it is up 673.7%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.