Zambia Current Account Balance: % of GDP

Key information about Zambia Current Account Balance: % of GDP

• Zambia Current Account deficit accounted for 2.0 % of the country's Nominal GDP in Dec 2023, compared with a 4.4 % surplus in the previous year.
• Zambia Current Account Balance: % of Nominal GDP data is updated yearly, available from Dec 2010 to Dec 2023, with an average value of 1.6 %.
• The data reached an all-time high of 12.8 % in Dec 2020 and a record low of -3.3 % in Dec 2016.

• In the latest reports of Zambia, Current Account recorded a deficit of 231.2 USD mn in Dec 2023.
• Foreign Direct Investment (FDI) increased by 27.0 USD mn in Dec 2023.
• Zambia Direct Investment Abroad expanded by 39.9 USD mn in Dec 2023.
• Its Foreign Portfolio Investment fell by 85.4 USD mn in Dec 2023.
• The country's Nominal GDP was reported at 28.2 USD bn in Dec 2023.

View Zambia's Current Account Balance: % of GDP from 2010 to 2023 in the chart:

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What was Zambia's Current Account Balance: % of GDP in 2023?

Zambia Current Account deficit accounted for 2.0 % of the country's Nominal GDP in Dec 2023, compared with a 4.4 % surplus in the previous year. See the table below for more data.

Current Account Balance: % of GDP by Country Comparison

Zambia Key Series

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