Zambia Consolidated Fiscal Balance: % of GDP

2001 - 2021 | Yearly | % | CEIC Data

Key information about Zambia Consolidated Fiscal Balance: % of GDP

  • Zambia Consolidated Fiscal Balance recorded a deficit equal to 8.5 % of its Nominal GDP in Dec 2021, compared with a deficit equal to 14.3 % in the previous year
  • Zambia Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 2001 to Dec 2021, with an average ratio of -4.2 %
  • The data reached an all-time high of 16.9 % in Dec 2006 and a record low of -16.3 % in Dec 2019
CEIC calculates Consolidated Fiscal Balance as % of Nominal GDP from annual Consolidated Fiscal Balance and annual Nominal GDP. Consolidated Fiscal Balance is calculated as Revenues less Expenditures. The Ministry of Finance and National Planning provides Consolidated Fiscal Balance in local currency. Zambia Statistics Agency provides Nominal GDP in local currency. Consolidated Fiscal Balance covers Central Government only. Consolidated Fiscal Balance as % of Nominal GDP prior to 2010 is sourced from the International Monetary Fund

View Zambia's Consolidated Fiscal Balance: % of GDP from 2001 to 2021 in the chart:

Zambia Consolidated Fiscal Balance: % of GDP

What was Zambia's Consolidated Fiscal Balance: % of GDP in 2021?

Zambia Consolidated Fiscal Balance recorded a deficit equal to 8.5 % of its Nominal GDP in Dec 2021, compared with a deficit equal to 14.3 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
-8.5 2021 -14.3 2020 -16.3 2019 16.9 2006 % yearly 2001 - 2021

Consolidated Fiscal Balance: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) -1.3 2023 yearly 1997 - 2023
Algeria (%) -2.6 2022 yearly 1994 - 2022
Argentina (%) -0.7 Jun 2024 quarterly Dec 2004 - Jun 2024
Armenia (%) -3.0 Jun 2024 quarterly Dec 2002 - Jun 2024
Australia (%) -1.8 Jun 2024 quarterly Jun 2003 - Jun 2024
Austria (%) -3.4 Jun 2024 quarterly Dec 2001 - Jun 2024
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -7.0 2021 yearly 1998 - 2021
Bangladesh (%) -5.1 2023 yearly 2006 - 2023
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -4.5 2023 yearly 1970 - 2023
Bolivia (%) -5.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 2.8 Jun 2024 quarterly Dec 2008 - Jun 2024
Botswana (%) 2.5 Jun 2023 quarterly Mar 2004 - Jun 2023
Brazil (%) -7.2 Jun 2024 quarterly Dec 1997 - Jun 2024
Brunei (%) -11.9 2023 yearly 2010 - 2023
Bulgaria (%) -3.3 Jun 2024 quarterly Sep 2003 - Jun 2024
Cambodia (%) -0.1 2022 yearly 2007 - 2022
Canada (%) -1.9 Jun 2024 quarterly Jun 1993 - Jun 2024
Chile (%) -2.3 2023 yearly 1990 - 2023
China (%) -5.0 Sep 2024 quarterly Dec 1995 - Sep 2024
Colombia (%) 0.0 Dec 2023 quarterly Dec 2000 - Dec 2023
Croatia (%) -2.6 2021 yearly 2002 - 2021
Cyprus (%) 4.3 Jun 2024 quarterly Dec 1995 - Jun 2024
Czech Republic (%) -2.9 Jun 2024 quarterly Dec 1999 - Jun 2024
Denmark (%) 3.3 Jun 2024 quarterly Dec 1999 - Jun 2024
Ecuador (%) -2.0 Jun 2024 quarterly Dec 2000 - Jun 2024
Estonia (%) -3.6 Jun 2024 quarterly Dec 1999 - Jun 2024
European Union (%) -3.5 2023 yearly 1995 - 2023
Finland (%) -4.0 Jun 2024 quarterly Dec 1999 - Jun 2024
France (%) -5.7 Jun 2024 quarterly Dec 1949 - Jun 2024
Georgia (%) -2.1 Jun 2024 quarterly Dec 2006 - Jun 2024
Germany (%) -2.5 Jun 2024 quarterly Dec 1991 - Jun 2024
Ghana (%) -3.5 Jun 2024 quarterly Dec 2008 - Jun 2024
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) -5.9 Jun 2024 quarterly Sep 1999 - Jun 2024
Hungary (%) -5.5 Jun 2024 quarterly Dec 1999 - Jun 2024
Iceland (%) -7.4 Jun 2024 quarterly Mar 2002 - Jun 2024
India (%) -4.4 Jun 2024 quarterly Mar 2005 - Jun 2024
Indonesia (%) -3.0 Sep 2024 quarterly Dec 2014 - Sep 2024
Iran (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
Ireland (%) 1.9 Jun 2024 quarterly Dec 2000 - Jun 2024
Israel (%) -7.7 Jun 2024 quarterly Dec 1999 - Jun 2024
Italy (%) -5.9 Jun 2024 quarterly Dec 1999 - Jun 2024
Ivory Coast (%) -5.3 2023 yearly 1960 - 2023
Japan (%) -6.2 2024 yearly 1996 - 2024
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -0.4 Jun 2024 quarterly Dec 2008 - Jun 2024
Kenya (%) -3.0 Jun 2024 quarterly Dec 2009 - Jun 2024
South Korea (%) -2.3 Jun 2024 quarterly Jun 2000 - Jun 2024
Kosovo (%) 0.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) -3.1 2023 yearly 1988 - 2023
Kyrgyzstan (%) 6.2 Aug 2024 monthly Jan 2007 - Aug 2024
Laos (%) 0.6 2023 yearly 2012 - 2023
Latvia (%) -1.8 Jun 2024 quarterly Dec 1999 - Jun 2024
Lebanon (%) -4.3 2020 yearly 1992 - 2020
Lithuania (%) -0.9 Jun 2024 quarterly Dec 1999 - Jun 2024
Luxembourg (%) -0.7 2023 yearly 1995 - 2023
Macau SAR, China (%) 6.2 Jun 2024 quarterly Dec 2003 - Jun 2024
North Macedonia (%) -4.5 2022 yearly 1993 - 2022
Malawi (%) -0.4 Jun 2023 monthly Apr 2005 - Jun 2023
Malaysia (%) -5.9 2023 yearly 1970 - 2023
Malta (%) -3.4 Jun 2024 quarterly Dec 2000 - Jun 2024
Mauritius (%) -6.1 Mar 2024 quarterly Dec 2010 - Mar 2024
Mexico (%) -4.1 Jun 2024 quarterly Dec 1980 - Jun 2024
Moldova (%) -5.2 2023 yearly 1998 - 2023
Mongolia (%) 0.7 Jun 2024 quarterly Dec 2000 - Jun 2024
Montenegro (%) -1.6 Jun 2024 quarterly Dec 2012 - Jun 2024
Morocco (%) -5.0 2023 yearly 1980 - 2023
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -7.6 2021 yearly 1986 - 2021
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -0.1 Mar 2023 quarterly Dec 1999 - Mar 2023
New Zealand (%) -1.6 Jun 2024 quarterly Dec 1999 - Jun 2024
Nigeria (%) -5.7 Jun 2024 quarterly Dec 2010 - Jun 2024
Norway (%) 13.7 Jun 2024 quarterly Dec 2002 - Jun 2024
Oman (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) -3.7 2024 yearly 2000 - 2024
Palestinian Territory (%) -4.0 2020 yearly 2010 - 2020
Panama (%) -3.0 2023 yearly 2003 - 2023
Paraguay (%) -0.8 Jun 2024 quarterly Dec 2003 - Jun 2024
Peru (%) -3.8 Jun 2024 quarterly Dec 1990 - Jun 2024
Philippines (%) -5.8 Sep 2024 quarterly Dec 1985 - Sep 2024
Poland (%) -5.3 2023 yearly 1995 - 2023
Portugal (%) 1.3 Jun 2024 quarterly Dec 1995 - Jun 2024
Qatar (%) 0.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Romania (%) -6.9 Jun 2024 quarterly Dec 2004 - Jun 2024
Russia (%) -0.6 Jun 2024 quarterly Dec 1993 - Jun 2024
Saudi Arabia (%) 2.5 2022 yearly 1969 - 2022
Serbia (%) -2.3 Jun 2024 quarterly Dec 2005 - Jun 2024
Singapore (%) 1.4 Jun 2024 quarterly Mar 2012 - Jun 2024
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -3.2 Jun 2024 quarterly Dec 2000 - Jun 2024
South Africa (%) -4.6 Jun 2024 quarterly Dec 1990 - Jun 2024
Spain (%) -3.3 Jun 2024 quarterly Dec 1995 - Jun 2024
Sri Lanka (%) -5.7 Jun 2024 quarterly Dec 2014 - Jun 2024
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) -0.6 2023 yearly 1995 - 2023
Switzerland (%) 0.2 2023 yearly 1990 - 2023

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Zambia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.5 2021 yearly 2001 - 2021
Consolidated Fiscal Balance (USD mn) -137.290 Jun 2024 monthly Nov 2015 - Jun 2024
Tax Revenue (USD mn) 2,645.171 Jul 2024 monthly Nov 2015 - Jul 2024
Government Debt: % of GDP (%) 40.9 2023 yearly 2014 - 2023
Forecast: Government Expenditure (ZMK bn) 308.498 2029 yearly 2000 - 2029
Forecast: Government Net Debt (ZMK bn) 724.700 2023 yearly 2000 - 2023
Forecast: Government Revenue (ZMK bn) 285.228 2029 yearly 2000 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.533 2028 yearly 2000 - 2028
Trade Balance (USD mn) -23.0 Aug 2024 monthly Jan 2003 - Aug 2024
Total Exports (USD mn) 897.4 Sep 2024 monthly Jan 2003 - Sep 2024
Total Exports Growth (%) 38.0 Sep 2024 monthly Jan 2004 - Sep 2024
Aluminum: Exports (USD th) 6,891.800 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 2,186.716 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 905.677 2022 yearly 1995 - 2022
Total Imports (USD mn) 947.4 Sep 2024 monthly Jan 2003 - Sep 2024
Total Imports Growth (%) 41.3 Sep 2024 monthly Jan 2004 - Sep 2024
Imports: Medicament (USD th) 263,152.229 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 119,354.130 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 6.815 Jan 2022 monthly Jan 1981 - Jan 2022
Total Imports from USA (USD mn) 22.666 Jul 2024 monthly Jan 1981 - Jul 2024
Total Exports to China (USD mn) 159.363 Sep 2024 monthly Nov 1998 - Sep 2024
Total Imports from China (USD mn) 163.616 Sep 2024 monthly Jul 1992 - Sep 2024
Export Volume Index (2015=100) 107.241 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 69.648 2021 yearly 1980 - 2021
Import Value Index (2015=100) 89.425 2021 yearly 1980 - 2021
Export Value Index (2015=100) 168.638 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -2.7 Mar 2024 quarterly Mar 1998 - Mar 2024
Current Account Balance (USD mn) -80.3 Mar 2024 quarterly Mar 1998 - Mar 2024
Current Account Balance: % of GDP (%) -2.0 2023 yearly 2010 - 2023
Foreign Direct Investment (USD mn) -8.6 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Direct Investment: % of GDP (%) -3.9 2021 yearly 2010 - 2021
Foreign Portfolio Investment (USD mn) -53.454 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) -1.3 2023 yearly 2010 - 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -0.2 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -53.263 Mar 2024 quarterly Mar 1998 - Mar 2024
External Debt (USD mn) 22,984.6 Jun 2024 quarterly Mar 2011 - Jun 2024
External Debt: % of GDP (%) 84.2 2023 yearly 2011 - 2023
Forecast: Current Account Balance (USD bn) 2.969 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -28,516.183 2023 yearly 2006 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.4 Jun 2024 monthly Jan 2011 - Jun 2024
Non-Performing Loans (USD mn) 126.183 Jun 2024 monthly Jan 2011 - Jun 2024
Money Supply M1 (USD mn) 2,361.408 Aug 2024 monthly Jan 1997 - Aug 2024
Money Supply M2 (USD mn) 6,249.996 Aug 2024 monthly Jan 1997 - Aug 2024
M2 Growth (%) 18.9 Aug 2024 monthly Jan 1998 - Aug 2024
Reserve Requirement Ratio (%) 26.0 Sep 2024 monthly Jan 2004 - Sep 2024
Foreign Exchange Reserves (USD mn) 3,827.3 Jul 2024 monthly Jan 2010 - Jul 2024
Foreign Exchange Reserves: Months of Import (NA) 4.0 Jul 2024 monthly Jan 2010 - Jul 2024
Total Deposits (USD mn) 7,286.076 Jun 2024 monthly Jan 2001 - Jun 2024
Total Deposits Growth (%) 21.6 Jun 2024 monthly Jan 2002 - Jun 2024
Domestic Credit (USD mn) 5,524.1 Jul 2024 monthly Dec 2001 - Jul 2024
Domestic Credit Growth (%) 21.0 Jul 2024 monthly Dec 2002 - Jul 2024
Total Loans (USD mn) 2,900.075 Jun 2024 monthly Jan 2001 - Jun 2024
Total Loans Growth (%) 30.05 Jun 2024 monthly Jan 2002 - Jun 2024
Private Debt: % of Nominal GDP (%) 12.52 2023 yearly 1965 - 2023

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