ZMB · Sub-Saharan Africa / Sub-Saharan Africa (excluding high income)

Location

GDP per capita: 1,187 USD (PPP: 4,215 intl$) · Total GDP: 25.3 billion USD (2024)

Income and purchasing power

The average monthly income in Zambia is 102 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Economic performance 2024

Indicator Value Per Capita
GDP 25.30 billion USD 1,187 USD
Gross National Product (GNI) 1,220 USD
GDP (PPP) 4,215 intl$

Development of gross domestic product in billions of USD 1960 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 25.30 1,187
2023 27.58 1,331
2022 29.16 1,447
2021 22.10 1,127
2020 18.14 952
2019 23.31 1,259
2018 26.31 1,464
2017 25.87 1,483
2016 20.96 1,239
2015 21.25 1,296
2014 27.14 1,707
2013 28.04 1,821
2012 25.50 1,710
2011 23.46 1,625
2010 20.27 1,451
2009 15.33 1,136
2008 17.91 1,376
2007 14.06 1,119
2006 12.76 1,052
2005 8.33 711
2004 6.22 549
2003 4.90 446
2002 4.19 394
2001 4.09 397
2000 3.60 359
1999 3.40 350
1998 3.54 373
1997 4.30 466
1996 3.60 400
1995 3.81 433
1994 3.66 426
1993 3.27 391
1992 3.18 389
1991 3.38 423
1990 3.29 422
1989 3.99 526
1988 3.73 504
1987 2.27 315
1986 1.66 238
1985 2.25 332
1984 2.72 413
1983 3.32 520
1982 3.87 627
1981 4.01 670
1980 3.88 669
1979 3.35 595
1978 2.81 514
1977 2.52 474
1976 2.74 533
1975 2.44 490
1974 2.91 601
1973 2.43 518
1972 1.87 410
1971 1.65 372
1970 1.79 414
1969 1.93 459
1968 1.57 387
1967 1.34 341
1966 1.24 325
1965 1.06 287
1964 0.82 230
1963 0.70 203
1962 0.68 202
1961 0.68 210
1960 0.70 222

Largest economic sectors

The main economic sectors in Zambia play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Zambia Per Capita
Imports 6.97 billion USD (27.6% of GDP)
Exports 8.85 billion USD (35.0% of GDP)

Household debt and deficits 2024

Indicator Zambia
Government debt 18.07 billion USD (71.4% of GDP)
Household debt 8.90 billion USD (35.2% of GDP)

Corruption in Zambia

The Corruption Perceptions Index for 2024 will be displayed here once the data is available. This section will show the country's ranking and trends in corruption perception.

Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 5.9%
2024 5.9%
2023 5.9%
2022 6.0%
2021 5.2%
2020 6.0%
2019 5.5%
2018 5.0%
2017 4.5%
2016 5.2%
2015 6.0%
2014 6.6%
2013 7.3%
2012 7.9%
2011 10.5%
2010 13.2%
2009 10.6%
2008 7.9%
2007 10.6%
2006 13.2%
2005 15.9%
2004 15.3%
2003 14.7%
2002 14.1%
2001 13.4%
2000 12.9%
1999 12.5%
1998 12.0%
1997 13.3%
1996 15.3%
1995 16.8%
1994 18.7%
1993 19.7%
1992 19.6%
1991 18.9%

Inflation rates in percentages 1986 - 2024

Year Inflation Rate (%)
2024 15.0%
2023 10.9%
2022 11.0%
2021 22.0%
2020 15.7%
2019 9.2%
2018 7.5%
2017 6.6%
2016 17.9%
2015 10.1%
2014 7.8%
2013 7.0%
2012 6.6%
2011 6.4%
2010 8.5%
2009 13.4%
2008 12.4%
2007 10.7%
2006 9.0%
2005 18.3%
2004 18.0%
2003 21.4%
2002 22.2%
2001 21.4%
2000 26.0%
1999 26.8%
1998 24.5%
1997 24.4%
1996 43.1%
1995 34.9%
1994 54.6%
1993 183.3%
1992 165.7%
1991 97.6%
1990 107.0%
1989 123.4%
1988 51.0%
1987 47.0%
1986 55.8%

Frequently Asked Questions

What is the GDP per capita of Zambia in 2024?

The GDP per capita of Zambia is 1,187 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 4,215 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Zambia?

The main economic sectors in Zambia include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Zambia in 2024?

The inflation rate in Zambia is 15.0% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Zambia including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Zambia's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Zambia's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026