Total reserves minus gold in Zambia

Zambia: Total reserves minus gold was 4.09 billion current US$ in 2024. ◆ Volatile

Latest (2024)
4.09 billion current US$
Change on year
up 28.9%
World rank
111th
of 182 countries
All-time high
4.09 billion current US$
in 2024
All-time low
45.43 million current US$
in 1999
Years of data
59
1965–2024

Total reserves minus gold in Zambia, 1965–2024

01.0B2.0B3.0B4.0B196519942024

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.

Analysis

Zambia recorded 4.09 billion current US$ for total reserves minus gold in 2024. That is the highest value across all 59 years on record.

Compared with earlier readings it is up 28.9% on the previous year and up 32.9% over ten years.

Over the whole period, total reserves minus gold in Zambia peaked at 4.09 billion current US$ in 2024 and was at its lowest, 45.43 million current US$, in 1999.

Zambia ranks 111th of 182 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Total reserves minus gold in Zambia, year by year

Annual values for Total reserves minus gold (current US$) in Zambia, 1965 to 2024.
Year current US$ Change
1965 196.04 million current US$ —
1966 204.84 million current US$ +4.5%
1967 174.55 million current US$ -14.8%
1968 193.54 million current US$ +10.9%
1969 362.94 million current US$ +87.5%
1970 508.00 million current US$ +40.0%
1971 277.09 million current US$ -45.5%
1972 158.40 million current US$ -42.8%
1973 185.52 million current US$ +17.1%
1974 164.36 million current US$ -11.4%
1975 142.00 million current US$ -13.6%
1976 92.66 million current US$ -34.7%
1977 66.31 million current US$ -28.4%
1978 51.09 million current US$ -23.0%
1979 79.96 million current US$ +56.5%
1980 78.20 million current US$ -2.2%
1981 56.17 million current US$ -28.2%
1982 58.20 million current US$ +3.6%
1983 54.52 million current US$ -6.3%
1984 54.21 million current US$ -0.6%
1985 200.11 million current US$ +269.1%
1986 70.32 million current US$ -64.9%
1987 108.83 million current US$ +54.8%
1988 134.03 million current US$ +23.2%
1989 116.23 million current US$ -13.3%
1990 193.13 million current US$ +66.2%
1991 184.63 million current US$ -4.4%
1993 192.33 million current US$ +4.2%
1994 268.13 million current US$ +39.4%
1995 222.70 million current US$ -16.9%
1996 222.71 million current US$ +0.0%
1997 239.09 million current US$ +7.4%
1998 69.38 million current US$ -71.0%
1999 45.43 million current US$ -34.5%
2000 244.82 million current US$ +438.9%
2001 183.45 million current US$ -25.1%
2002 535.13 million current US$ +191.7%
2003 247.73 million current US$ -53.7%
2004 337.11 million current US$ +36.1%
2005 559.79 million current US$ +66.1%
2006 719.72 million current US$ +28.6%
2007 1.09 billion current US$ +51.4%
2008 1.10 billion current US$ +0.5%
2009 1.89 billion current US$ +72.7%
2010 2.09 billion current US$ +10.7%
2011 2.32 billion current US$ +11.0%
2012 3.04 billion current US$ +30.9%
2013 2.68 billion current US$ -11.8%
2014 3.08 billion current US$ +14.7%
2015 2.97 billion current US$ -3.6%
2016 2.35 billion current US$ -20.7%
2017 2.08 billion current US$ -11.5%
2018 1.57 billion current US$ -24.6%
2019 1.45 billion current US$ -7.7%
2020 1.20 billion current US$ -16.9%
2021 2.75 billion current US$ +128.8%
2022 2.97 billion current US$ +7.8%
2023 3.17 billion current US$ +6.9%
2024 4.09 billion current US$ +28.9%

Zambia compared with similar countries

  • Zambia's 4.09 billion current US$ is above the median for lower middle income countries, which is 3.82 billion current US$, 1.1× the median. (42 countries reporting)
  • Zambia's 4.09 billion current US$ is above the median for Sub-Saharan Africa, which is 1.17 billion current US$, 3.5× the median. (40 countries reporting)

Biggest year-on-year movements

Years where Total reserves minus gold 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.

YearChange FromTo
2000 +438.9% 45.43 million current US$ 244.82 million current US$
1985 +269.1% 54.21 million current US$ 200.11 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 226.38 million current US$ 174.55 million current US$ 362.94 million current US$ 5
1970s 172.54 million current US$ 51.09 million current US$ 508.00 million current US$ 10
1980s 93.08 million current US$ 54.21 million current US$ 200.11 million current US$ 10
1990s 181.95 million current US$ 45.43 million current US$ 268.13 million current US$ 9
2000s 690.54 million current US$ 183.45 million current US$ 1.89 billion current US$ 10
2010s 2.36 billion current US$ 1.45 billion current US$ 3.08 billion current US$ 10
2020s 2.84 billion current US$ 1.20 billion current US$ 4.09 billion current US$ 5

Countries ranked near Zambia

  1. 108 Ghana 4.47 billion current US$ compare
  2. 109 Tajikistan 4.31 billion current US$ compare
  3. 110 Croatia 4.22 billion current US$ compare
  4. 112 Ethiopia 3.78 billion current US$ compare
  5. 113 Papua New Guinea 3.54 billion current US$ compare
  6. 114 Mozambique 3.51 billion current US$ compare

See the full ranking of 183 places →

More economy & growth data for Zambia

All data for Zambia →

Frequently asked questions

What is total reserves minus gold in Zambia?
Total reserves minus gold in Zambia was 4.09 billion current US$ in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest total reserves minus gold recorded in Zambia?
The highest recorded value was 4.09 billion current US$ in 2024.
What is the lowest total reserves minus gold recorded in Zambia?
The lowest recorded value was 45.43 million current US$ in 1999.
How does Zambia rank for total reserves minus gold?
Zambia ranks 111th out of 182 countries with data for 2024.
Is total reserves minus gold rising or falling in Zambia?
Over the last ten years it is up 32.9%. The long-run trend across the full record is volatile.
Where does this Zambia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves minus gold (current US$). Statizoid updates them automatically from the source API.

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Total reserves minus gold in Zambia. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 27 September 2026, from https://economy.statizoid.com/stat/total-reserves-minus-gold-current-us/zambia/

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About this data

Indicator
Total reserves minus gold (current US$)
Unit
current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 9,516 data points, 1960–2025
Last refreshed

This series includes external assets (excluding monetary gold) that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. 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.