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General profile: Zambia

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
20.724 Millions
..
27 768 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 743 390 km²
10.95 %
3.21 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-10.4 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
1 810
7 200
6 607
10 431
Merchandise imports
2 558
5 321
7 935
10 125
Merchandise trade balance
-748
1 879
-1 329
306
Export structure by product group in 2023
(as % of total exports)
11 %11 %12 %12 %67 %67 %10 %10 %
Top 5 partners in 2023
(exports, millions of US$)
3 0772 1501 2517526283 0772 1501 251752628
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
549
571
862
933
Services imports
412
888
1 432
1 711
Services trade balance
137
-317
-571
-778
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
2.5
7.8
5.1
6.8
Travel
81.3
86.1
76.6
85.8
Other services
16.2
6.0
18.3
7.4
TRADE INDICES
More data on UNCTADstat
10712612211399123116100100130140120113103676971641161161281051011051069610010711011512512297108120123
ECONOMIC TRENDS
More data on UNCTADstat
+3.2 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
8 332
20 265
20 862
27 768
GDP per capita, current US$
711
1 451
1 272
1 340
Real GDP growth, y-on-y, %
7.24
10.30
2.92
3.21
Current account balance, % of GDP
-2.78
7.53
-3.68
-1.97
Exchange rate (/US$)
4.465
4.798
8.632
..
GDP by expenditure in 2022
(as % of total GDP)
35.614.327.040.229.135.614.327.040.229.1
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.6 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
356.94
1 729.30
1 304.87
108.01
FDI outflows
..
1 095.40
125.09
159.75
Personal remittances, % of GDP
0.63
0.22
0.23
..
Financial flows trends
(millions of US$)
243.5239.7134.998.3107.093.638.547.058.354.072.946.343.741.368.259.357.7108-653942458604081 1086631 3051 4892 1001 7321 1091 7296959391 324616357364347298145122FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
2.98
11.58
-3.82
1.68
Balance, % of imports
9.64
41.92
-8.99
4.31
Normalized balance
0.046
0.173
-0.047
0.021
Trade openness²
(sum of imports and exports as % of GDP)
80768779697668748179847969675861696065
LIVING AREA
Population by living area in 2023
(% of population)
Urban 46%Urban 46%Rural 54%Rural 54%
OTHER INDICATORS
More data on UNCTADstat
0 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
..
..
0
1
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
0.04
0.04
0.49
..
Share of ICT goods, % of total imports
4.72
2.35
2.78
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024