Zambia Current Account Balance
1998 - 2024 | Quarterly | USD mn | CEIC Data
Key information about Zambia Current Account Balance
- Zambia Current Account recorded a deficit of 80.3 USD mn in Mar 2024, compared with a deficit of 231.2 USD mn in the previous quarter.
- Zambia Current Account Balance: USD mn data is updated quarterly, available from Mar 1998 to Mar 2024, with an averaged value of -51.8 USD mn.
- The data reached an all-time high of 937.0 USD mn in Dec 2021 and a record low of -564.0 USD mn in Sep 2008.
- CEIC converts quarterly Current Account Balance into USD. The Bank of Zambia provides Current Account Balance in USD, calculated according to IMF methodology.
- Foreign Direct Investment (FDI) fell by 8.6 USD mn in Mar 2024.
- Zambia Direct Investment Abroad fell by 2.7 USD mn in Mar 2024.
- Its Foreign Portfolio Investment fell by 53.5 USD mn in Mar 2024.
- The country's Nominal GDP was reported at 28.2 USD bn in Dec 2023.
View Zambia's Current Account Balance from Mar 1998 to Mar 2024 in the chart:
What was Zambia's Current Account Balance in Mar 2024?
Zambia Current Account recorded a deficit of 80.3 USD mn in Mar 2024, compared with a deficit of 231.2 USD mn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -80.3 Mar 2024 | -231.2 Dec 2023 | -564.0 Sep 2008 | 937.0 Dec 2021 | USD mn | quarterly | Mar 1998 - Mar 2024 |
Current Account Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -145.1 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Algeria (USD mn) | -2,970.0 Dec 2019 | quarterly | Mar 2007 - Dec 2019 |
| Argentina (USD mn) | 3,490.2 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
| Armenia (USD mn) | -168.6 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Australia (USD mn) | -7,068.6 Jun 2024 | quarterly | Sep 1959 - Jun 2024 |
| Austria (USD mn) | 5,171.8 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
| Azerbaijan (USD mn) | 895.5 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
| Bahrain (USD mn) | 671.7 Jun 2024 | quarterly | Mar 2018 - Jun 2024 |
| Bangladesh (USD mn) | -188.8 Jul 2024 | monthly | Jul 1997 - Jul 2024 |
| Belarus (USD mn) | -1,726.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Belgium (USD mn) | -1,705.2 Dec 2022 | monthly | Jan 1995 - Dec 2022 |
| Bolivia (USD mn) | 39.0 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
| Bosnia and Herzegovina (USD mn) | -271.0 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Botswana (USD mn) | -44.3 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Brazil (USD mn) | -6,525.5 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Brunei (USD mn) | -615.1 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Bulgaria (USD mn) | 351.4 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Cambodia (USD mn) | -574.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Canada (USD mn) | -4,560.8 Mar 2023 | quarterly | Mar 1957 - Mar 2023 |
| Chile (USD mn) | -1,816.9 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| China (USD mn) | 54,525.3 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Colombia (USD mn) | -1,630.4 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Croatia (USD mn) | -1,465.3 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Cyprus (USD mn) | -178.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Czech Republic (USD mn) | 782.0 Apr 2023 | monthly | Jan 2003 - Apr 2023 |
| Denmark (USD mn) | 5,296.0 Apr 2023 | monthly | Jan 2005 - Apr 2023 |
| Ecuador (USD mn) | 2,407.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Egypt (USD mn) | -3,711.1 Jun 2024 | quarterly | Dec 1993 - Jun 2024 |
| Estonia (USD mn) | 94.3 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| European Union (USD mn) | 135,819.1 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Finland (USD mn) | -1,912.9 Apr 2023 | monthly | Jan 1980 - Apr 2023 |
| France (USD mn) | -706.4 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Georgia (USD mn) | -200.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Germany (USD mn) | 20,552.3 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
| Ghana (USD mn) | 998.5 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Greece (USD mn) | 717.7 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Hong Kong SAR, China (USD mn) | 12,924.5 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Hungary (USD mn) | 2,080.3 Jun 2024 | quarterly | Dec 1989 - Jun 2024 |
| Iceland (USD mn) | -71.2 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| India (USD mn) | -9,739.2 Jun 2024 | quarterly | Jun 1949 - Jun 2024 |
| Indonesia (USD mn) | -2,150.2 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Iran (USD mn) | 14,204.8 2023 | yearly | 1997 - 2023 |
| Ireland (USD mn) | 14,845.9 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Israel (USD mn) | 4,962.6 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Italy (USD mn) | -1,662.6 Apr 2023 | monthly | Jan 1970 - Apr 2023 |
| Ivory Coast (USD mn) | -4,378.2 2023 | yearly | 1975 - 2023 |
| Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Jordan (USD mn) | -1,007.6 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| Kazakhstan (USD mn) | -662.8 Jun 2024 | quarterly | Dec 1997 - Jun 2024 |
| Kenya (USD mn) | -266.0 Jun 2024 | monthly | Jan 2002 - Jun 2024 |
| South Korea (USD mn) | 8,186.7 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Kosovo (USD mn) | -400.8 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Kuwait (USD mn) | 11,086.1 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Kyrgyzstan (USD mn) | -1,294.6 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Laos (USD mn) | -172.6 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Latvia (USD mn) | 23.0 Apr 2023 | monthly | Jan 2000 - Apr 2023 |
| Lebanon (USD mn) | -227.4 Dec 2023 | monthly | Jan 2002 - Dec 2023 |
| Lithuania (USD mn) | 310.9 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Luxembourg (USD mn) | 2,694.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Macau SAR, China (USD mn) | 16,954.8 2023 | yearly | 2002 - 2023 |
| North Macedonia (USD mn) | 108.9 Mar 2023 | monthly | Jan 2001 - Mar 2023 |
| Malawi (USD mn) | -1,752.1 2021 | yearly | 1977 - 2021 |
| Malaysia (USD mn) | 635.1 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Malta (USD mn) | 437.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Mauritius (USD mn) | -183.0 Sep 2023 | quarterly | Mar 2017 - Sep 2023 |
| Mexico (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Moldova (USD mn) | -697.9 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Mongolia (USD mn) | -524.3 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| Montenegro (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Morocco (USD mn) | -1,332.0 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Mozambique (USD mn) | -603.0 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Myanmar (USD mn) | 295.8 Mar 2024 | quarterly | Mar 1976 - Mar 2024 |
| Nepal (USD mn) | 313.5 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| Netherlands (USD mn) | 27,762.5 Mar 2023 | quarterly | Mar 1967 - Mar 2023 |
| New Zealand (USD mn) | -5,231.7 Mar 2023 | quarterly | Jun 1971 - Mar 2023 |
| Nigeria (USD mn) | 5,142.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Norway (USD mn) | 27,310.5 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Oman (USD mn) | 2,637.2 2023 | yearly | 1974 - 2023 |
| Pakistan (USD mn) | -62.0 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
| Palestinian Territory (USD mn) | -801.1 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Panama (USD mn) | 434.7 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Paraguay (USD mn) | 37.7 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Peru (USD mn) | 1,684.6 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
| Philippines (USD mn) | -368.4 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Poland (USD mn) | -3,111.0 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Portugal (USD mn) | -33.0 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
| Qatar (USD mn) | 11,023.4 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Romania (USD mn) | -3,110.9 Aug 2024 | monthly | Jun 2002 - Aug 2024 |
| Russia (USD mn) | 7,000.0 Sep 2024 | monthly | Jan 2012 - Sep 2024 |
| Saudi Arabia (USD mn) | 4,324.3 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Serbia (USD mn) | -605.3 Aug 2024 | monthly | Jan 2013 - Aug 2024 |
| Singapore (USD mn) | 25,549.4 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Slovakia (USD mn) | -277.0 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
| Slovenia (USD mn) | 359.8 Apr 2023 | monthly | Jan 1994 - Apr 2023 |
| South Africa (USD mn) | -932.5 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Spain (USD mn) | 6,198.7 Aug 2024 | monthly | Jan 1990 - Aug 2024 |
| Sri Lanka (USD mn) | 414.9 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
| Sudan (USD mn) | -1,752.8 Dec 2022 | quarterly | Mar 1977 - Dec 2022 |
| Sweden (USD mn) | 14,404.3 Jun 2024 | quarterly | Mar 1975 - Jun 2024 |
| Switzerland (USD mn) | 17,338.7 Mar 2023 | quarterly | Mar 1983 - Mar 2023 |
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Learn more about what we doZambia 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 Value Index (2015=100) | 168.638 2021 | yearly | 1980 - 2021 |
| 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 |
| 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 |
More Indicators for Zambia
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BPM6: Balance of Payments: Detailed Presentation: Annual
BPM6: International Investment Position: Annual
Company Statistics
External Debt: Arrears and Reschedulings
External Debt: Debt Outstanding, Debt Ratio and Debt Service
External Debt: Net Flows and Net Transfers
Investment Statistics
Balance of Payments: Capital and Financial Account
BPM6: Balance of Payments: Analytical Presentation
BPM6: Balance of Payments: Detailed Presentation
BPM6: International Investment Position
Businesses Registered Statistics
External Debt: Amortization
External Debt: Commitments and Currency Composition
External Debt: Disbursements and Interest Payment
External Debt: Terms and Undisbursed Debt