Gdp From Mining in Zambia increased to 3460 ZMK Million in the third quarter of 2019 from 3393 ZMK Million in the second quarter of 2019. Gdp From Mining in Zambia averaged 3306.61 ZMK Million from 2010 until 2019, reaching an all time high of 3839.30 ZMK Million in the third quarter of 2018 and a record low of 2657.60 ZMK Million in the second quarter of 2014. This page provides - Zambia Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Public Administration in Zambia decreased to 1921 ZMK Million in the third quarter of 2019 from 1925 ZMK Million in the second quarter of 2019. Gdp From Public Administration in Zambia averaged 1444.50 ZMK Million from 2010 until 2019, reaching an all time high of 1925 ZMK Million in the second quarter of 2019 and a record low of 780.58 ZMK Million in the second quarter of 2011. This page provides - Zambia Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Services in Zambia increased to 8392 ZMK Million in the third quarter of 2019 from 7102 ZMK Million in the second quarter of 2019. Gdp From Services in Zambia averaged 6540.38 ZMK Million from 2010 until 2019, reaching an all time high of 8392 ZMK Million in the third quarter of 2019 and a record low of 3552.60 ZMK Million in the first quarter of 2010. This page provides - Zambia Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Transport in Zambia increased to 1306 ZMK Million in the third quarter of 2019 from 1138 ZMK Million in the second quarter of 2019. Gdp From Transport in Zambia averaged 1171.16 ZMK Million from 2010 until 2019, reaching an all time high of 1747.12 ZMK Million in the fourth quarter of 2010 and a record low of 940.70 ZMK Million in the second quarter of 2016. This page provides - Zambia Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Zambia was worth 27.50 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Zambia represents 0.02 percent of the world economy. GDP in Zambia averaged 7.35 USD Billion from 1960 until 2019, reaching an all time high of 28.05 USD Billion in 2013 and a record low of 0.69 USD Billion in 1962. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Zambia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Zambia was estimated at 17.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Zambia had a population of 3.1 million people. The population of Zambia represents 0.20 percent of the world´s total population which arguably means that one person in every 518 people on the planet is a resident of Zambia. This page provides - Zambia Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Zambia expanded 1 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Zambia averaged 3.67 percent from 1961 until 2019, reaching an all time high of 16.70 percent in the fourth quarter of 1965 and a record low of -8.60 percent in the fourth quarter of 1994. Zambia is one of the poorest countries in the world with 60 percent of population living below poverty line. In recent years, Zambia’s economy has been growing rapidly due to expansion of copper mining industry and agriculture diversification. However, widespread poverty, mainly caused by fast population growth and systemic youth unemployment, remains Zambia’s main economic challenge. This page provides - Zambia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Zambia increased to 279441 ZMW THO in 2018 from 246252 ZMW THO in 2017. GDP Constant Prices in Zambia averaged 79910.16 ZMW THO from 1994 until 2018, reaching an all time high of 279441 ZMW THO in 2018 and a record low of 2448 ZMW THO in 1994. This page provides - Zambia GDP Current Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Zambia recorded a Government Budget deficit equal to 7.30 percent of the country's Gross Domestic Product in 2019. Government Budget in Zambia averaged -3 percent of GDP from 1998 until 2019, reaching an all time high of 18.30 percent of GDP in 2006 and a record low of -10.50 percent of GDP in 2016. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Zambia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Zambia increased to 13.20 percent in 2019 from 11.40 percent in 2018. Unemployment Rate in Zambia averaged 12.97 percent from 1986 until 2019, reaching an all time high of 19.70 percent in 1993 and a record low of 7.37 percent in 2016. In Zambia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Zambia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Zambia recorded a government debt equivalent to 59 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Zambia averaged 122.65 percent from 1990 until 2018, reaching an all time high of 277.53 percent in 1991 and a record low of 28.80 percent in 2013. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Zambia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Zambia increased 2.20 percent in April of 2020 over the previous month. Inflation Rate Mom in Zambia averaged 0.80 percent from 2008 until 2020, reaching an all time high of 6.20 percent in October of 2015 and a record low of -0.30 percent in October of 2010. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides the latest reported value for - Zambia Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index Cpi in Zambia increased to 260.25 points in April from 254.62 points in March of 2020. Consumer Price Index Cpi in Zambia averaged 151.35 points from 2008 until 2020, reaching an all time high of 260.25 points in April of 2020 and a record low of 82.70 points in January of 2008. This page provides - Zambia Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Zambia increased to 283.68 points in April from 283.20 points in March of 2020. Cpi Housing Utilities in Zambia averaged 178.44 points from 2010 until 2020, reaching an all time high of 283.68 points in April of 2020 and a record low of 107.92 points in January of 2010. This page provides - Zambia Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Zambia increased to 357.60 points in April of 2020 from 332.20 points in March of 2020. CPI Transportation in Zambia averaged 174.70 points from 2010 until 2020, reaching an all time high of 357.60 points in April of 2020 and a record low of 103.50 points in January of 2010. This page provides - Zambia Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Zambia was recorded at 15.70 percent in April of 2020. Inflation Rate in Zambia averaged 9.81 percent from 2005 until 2020, reaching an all time high of 22.90 percent in February of 2016 and a record low of 6 percent in December of 2011. In Zambia, the four main components of the consumer price index are: Food and Non-Alcoholic Beverages (54 percent of total weight); Housing and Utilities (11 percent); Furnishings, Household Equipment and Routine Maintenance of the House (8 percent) and Clothing and Footwear (8 percent). Others include: Transport (6 percent); Miscellaneous Goods and Services (5 percent) and Education (3 percent). Alcoholic Beverages and Tobacco, Recreation and Culture, Communications, Health and Restaurants and Hotels account for the remaining 5 percent of total weight. . This page provides the latest reported value for - Zambia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports in Zambia increased to 8165 ZMK Million in March from 7949 ZMK Million in February of 2020. Imports in Zambia averaged 3683.85 ZMK Million from 2003 until 2020, reaching an all time high of 9763 ZMK Million in November of 2018 and a record low of 518 ZMK Million in September of 2003. Zambia main imports are: fuel, machinery and foodstuffs. Zambia’s main import partner is South Africa followed by Congo-Kinshasa and China. This page provides the latest reported value for - Zambia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports in Zambia increased to 8346 ZMK Million in March from 7829 ZMK Million in February of 2020. Exports in Zambia averaged 3641.47 ZMK Million from 2003 until 2020, reaching an all time high of 8916 ZMK Million in December of 2018 and a record low of 271 ZMK Million in January of 2003. Zambia’s main export, copper accounts for 70 percent of Africa’s production and 60 percent of country’s total exports. Other exports include: sugar, tobacco, gemstones, cotton and electricity. Zambia’s main export partner is Switzerland (45 percent of total exports). Others include: China (20 percent), South Africa, United Kingdom, Zimbabwe and Congo-Kinshasa. This page provides the latest reported value for - Zambia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Deposit Interest Rate in Zambia increased to 9.30 percent in March from 9.03 percent in February of 2020. Deposit Interest Rate in Zambia averaged 16.92 percent from 1978 until 2020, reaching an all time high of 111 percent in July of 1993 and a record low of 5.85 percent in May of 2013. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Zambia.

Standard & Poor's credit rating for Zambia stands at CCC with negative outlook. Moody's credit rating for Zambia was last set at Ca with stable outlook. Fitch's credit rating for Zambia was last reported at CC with n/a outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Zambia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Zambia as reported by major credit rating agencies.

Composite Pmi in Zambia decreased to 37.30 points in April from 44.70 points in March of 2020. Composite Pmi in Zambia averaged 48.84 points from 2017 until 2020, reaching an all time high of 54.70 points in November of 2017 and a record low of 37.30 points in April of 2020. The Stanbic Bank Zambia Purchasing Managers’ Index is based on data compiled from monthly replies to questionnaires sent to purchasing executives in approximately 400 private sector companies, which have been carefully selected to accurately represent the true structure of the Zambian economy, including agriculture, construction, industry, services and wholesale & retail. The panel is stratified by GDP and company workforce size. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. A reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. The Purchasing Managers’ Index™ (PMI™) is a composite index based on five of the individual sub-components with the following weights: New Orders - 0.3, Output - 0.25, Employment - 0.2, Suppliers’ Delivery Times - 0.15, Stock of Items Purchased - 0.1, with the Suppliers’ Delivery Times sub-component inverted so that it moves in a comparable direction. This page provides - Zambia Composite PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Zambia increased to 79648895.82 ZMK Million in March from 72621586.03 ZMK Million in February of 2020. Money Supply M3 in Zambia averaged 26048810.74 ZMK Million from 2003 until 2020, reaching an all time high of 79648895.82 ZMK Million in March of 2020 and a record low of 3661075 ZMK Million in March of 2003. This page provides - Zambia Money Supply M3- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Zambia recorded 252 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Zambia reported 4 Coronavirus Deaths. This page includes a chart with historical data for Zambia Coronavirus Cases.

Zambia recorded 7 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Zambia reported 252 Coronavirus Cases. This page includes a chart with historical data for Zambia Coronavirus Deaths.

Zambia recorded 112 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Zambia reported 7 Coronavirus Deaths. This page includes a chart with historical data for Zambia Coronavirus Recovered.

Zambia recorded a Current Account deficit of 1.30 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Zambia averaged -6.94 percent from 1978 until 2018, reaching an all time high of 7.50 percent in 2010 and a record low of -20.90 percent in 1986. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Zambia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from Zambia in Australia decreased to 0 AUD Million in March from 9 AUD Million in February of 2020. Imports from Zambia in Australia averaged 0.22 AUD Million from 1988 until 2020, reaching an all time high of 14 AUD Million in December of 2019 and a record low of 0 AUD Million in March of 1988. This page includes a chart with historical data for Australia Imports from Zambia.

Cost of food in Zambia increased 17 percent in April of 2020 over the same month in the previous year. Food Inflation in Zambia averaged 9.32 percent from 2011 until 2020, reaching an all time high of 26.50 percent in April of 2016 and a record low of 3.50 percent in May of 2011. This page provides - Zambia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Zambia was last recorded at 11.50 percent. Interest Rate in Zambia averaged 10.45 percent from 2012 until 2020, reaching an all time high of 15.50 percent in November of 2015 and a record low of 9 percent in May of 2012. In Zambia, interest rates decisions are taken by the Monetary Committee of the Bank of Zambia. The official rate is the policy rate. This page provides - Zambia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

President urged to secure rescue deal as economy ‘on verge of collapse’

African nation vows to block decision it rejects as unjustified and illegal

Lusaka ups ante in dispute over shuttered copper mine

High Commission of India, Lusaka
1, Pandit Nehru Road, Long Acres,
P.O. Box No.3211, Lusaka, Zambia.


Telephone: 00-260-211-253159 / 60
Fax: 00-260-211-254118
E-Mail:hc.lusaka@mea.gov.in (High Commissioner),hoc.lusaka@mea.gov.in (HOC) pol.lusaka@mea.gov.in (Political) info.lusaka@mea.gov.in (for ITEC & Information)com.lusaka@mea.gov.in (Commerce), cons.lusaka@mea.gov.in (Consular)

High Commissioner
Ashok Kumar
Counsellor
J. S. Variaah

Anglin, Douglas George