Zambia M2 Growth
1998 - 2024 | Monthly | % | CEIC Data
Key information about Zambia M2 Growth
- Zambia Money Supply M2 increased 23.5 % YoY in Oct 2024, compared with a growth of 21.2 % in the previous month
- Zambia Money Supply M2 growth data is updated monthly, available from Jan 1998 to Oct 2024
- The data reached an all-time high of 77.9 % in Dec 2000 and a record low of -11.0 % in Oct 2016
CEIC calculates M2 Growth Rate from monthly M2. The Bank of Zambia provides M2 in local currency. M2 Growth Rate prior to January 2004 is sourced from the International Monetary Fund
View Zambia's M2 Growth from Jan 1998 to Oct 2024 in the chart:
What was Zambia's M2 Growth in Oct 2024?
Zambia Money Supply M2 increased 23.5 % YoY in Oct 2024, compared with a growth of 21.2 % in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 23.5 Oct 2024 | 21.2 Sep 2024 | -11.0 Oct 2016 | 77.9 Dec 2000 | % | monthly | Jan 1998 - Oct 2024 |
M2 Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 5.8 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
| Algeria (%) | 4.0 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Argentina (%) | 222.6 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
| Armenia (%) | 16.9 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Australia (%) | 5.5 Dec 2024 | monthly | Mar 1966 - Dec 2024 |
| Austria (%) | 2.9 Dec 2024 | monthly | Sep 1998 - Dec 2024 |
| Azerbaijan (%) | 19.7 May 2023 | monthly | Dec 1996 - May 2023 |
| Bahrain (%) | 2.2 Nov 2024 | monthly | Dec 1975 - Nov 2024 |
| Bangladesh (%) | 8.0 Nov 2024 | monthly | Jun 1987 - Nov 2024 |
| Belarus (%) | 28.6 Dec 2024 | monthly | Dec 1990 - Dec 2024 |
| Belgium (%) | 6.9 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
| Bolivia (%) | 15.3 Jun 2024 | monthly | Dec 1988 - Jun 2024 |
| Bosnia and Herzegovina (%) | 9.3 Dec 2024 | monthly | Aug 1998 - Dec 2024 |
| Botswana (%) | 7.7 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Brazil (%) | 11.6 Dec 2024 | monthly | Jan 1971 - Dec 2024 |
| Bulgaria (%) | 8.7 Dec 2024 | monthly | Dec 1996 - Dec 2024 |
| Cambodia (%) | 16.8 Nov 2024 | monthly | Jan 1996 - Nov 2024 |
| Canada (%) | 5.8 Nov 2024 | monthly | Jan 1969 - Nov 2024 |
| Chile (%) | 5.1 Jan 2025 | monthly | Jan 1987 - Jan 2025 |
| China (%) | 7.3 Dec 2024 | monthly | Mar 1997 - Dec 2024 |
| Colombia (%) | 8.6 Dec 2024 | monthly | Dec 1980 - Dec 2024 |
| Croatia (%) | 4.2 Dec 2024 | monthly | Jun 1995 - Dec 2024 |
| Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Czech Republic (%) | 7.7 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| Denmark (%) | 3.4 Aug 2017 | monthly | Jan 1996 - Aug 2017 |
| Ecuador (%) | 10.6 Nov 2024 | monthly | Dec 2007 - Nov 2024 |
| Egypt (%) | 31.1 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| Estonia (%) | 7.4 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
| European Union (%) | 3.1 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
| Finland (%) | -0.8 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
| France (%) | 0.4 Dec 2024 | monthly | Dec 1978 - Dec 2024 |
| Georgia (%) | 10.4 Dec 2024 | monthly | Oct 1996 - Dec 2024 |
| Germany (%) | 3.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Ghana (%) | 44.5 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Greece (%) | 2.5 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Hong Kong SAR, China (%) | 7.3 Dec 2024 | monthly | Dec 1981 - Dec 2024 |
| Hungary (%) | 7.7 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Iceland (%) | 12.9 Dec 2024 | monthly | Sep 1987 - Dec 2024 |
| India (%) | 7.9 Nov 2024 | monthly | Mar 1995 - Nov 2024 |
| Indonesia (%) | 4.4 Dec 2024 | monthly | Feb 1969 - Dec 2024 |
| Iran (%) | 26.8 Jun 2024 | monthly | Dec 2000 - Jun 2024 |
| Ireland (%) | 7.4 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Israel (%) | 9.3 Oct 2024 | monthly | Apr 1982 - Oct 2024 |
| Italy (%) | 3.6 Nov 2024 | monthly | Dec 1975 - Nov 2024 |
| Ivory Coast (%) | 4.6 Jul 2024 | monthly | Jan 2005 - Jul 2024 |
| Japan (%) | 1.3 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Jordan (%) | 6.1 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
| Kazakhstan (%) | 19.7 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
| Kenya (%) | 7.0 Nov 2024 | monthly | Dec 1996 - Nov 2024 |
| South Korea (%) | 6.2 Nov 2024 | monthly | Jan 1971 - Nov 2024 |
| Kosovo (%) | 11.3 2023 | yearly | 2002 - 2023 |
| Kuwait (%) | 4.3 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Kyrgyzstan (%) | 31.5 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Laos (%) | 23.3 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Latvia (%) | 6.7 Dec 2024 | monthly | Jan 2015 - Dec 2024 |
| Lebanon (%) | 7.4 Nov 2024 | monthly | Dec 1980 - Nov 2024 |
| Lithuania (%) | 11.8 Dec 2024 | monthly | Dec 1994 - Dec 2024 |
| Luxembourg (%) | 7.1 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Macau SAR, China (%) | 8.0 Dec 2024 | monthly | Jun 1985 - Dec 2024 |
| North Macedonia (%) | 6.5 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Malawi (%) | 36.0 Jun 2023 | monthly | Jan 1976 - Jun 2023 |
| Malaysia (%) | 3.7 Dec 2024 | monthly | Dec 1970 - Dec 2024 |
| Malta (%) | 5.6 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
| Mauritius (%) | 13.4 Nov 2024 | monthly | Jul 1977 - Nov 2024 |
| Mexico (%) | 14.3 Dec 2024 | monthly | Dec 1986 - Dec 2024 |
| Moldova (%) | 14.6 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Mongolia (%) | 15.2 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
| Montenegro (%) | 12.0 2023 | yearly | 2003 - 2023 |
| Morocco (%) | 8.1 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Mozambique (%) | 14.9 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
| Myanmar (%) | 15.9 Mar 2024 | quarterly | Dec 2002 - Mar 2024 |
| Nepal (%) | 10.2 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Netherlands (%) | 1.5 Dec 2024 | monthly | Dec 1957 - Dec 2024 |
| New Zealand (%) | 4.1 Dec 2024 | monthly | Mar 1989 - Dec 2024 |
| Nigeria (%) | 52.7 Nov 2024 | monthly | Nov 1993 - Nov 2024 |
| Norway (%) | 3.4 Dec 2024 | monthly | Dec 1993 - Dec 2024 |
| Oman (%) | 11.0 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Pakistan (%) | 8.0 Dec 2024 | monthly | Jan 1989 - Dec 2024 |
| Palestinian Territory (%) | 7.1 Dec 2024 | monthly | Jul 2003 - Dec 2024 |
| Panama (%) | 8.4 Nov 2024 | monthly | Dec 2003 - Nov 2024 |
| Paraguay (%) | 12.0 Dec 2024 | monthly | Dec 1989 - Dec 2024 |
| Peru (%) | 11.6 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
| Philippines (%) | 8.2 Nov 2024 | monthly | Dec 1989 - Nov 2024 |
| Poland (%) | 8.5 Nov 2024 | monthly | Dec 1997 - Nov 2024 |
| Portugal (%) | 6.7 Dec 2024 | monthly | Dec 1980 - Dec 2024 |
| Qatar (%) | -0.6 Dec 2024 | monthly | Jan 1983 - Dec 2024 |
| Romania (%) | 11.3 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Russia (%) | 19.2 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
| Saudi Arabia (%) | 9.7 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Serbia (%) | 17.7 Dec 2024 | monthly | Aug 2002 - Dec 2024 |
| Singapore (%) | 6.7 Dec 2024 | monthly | Mar 2005 - Dec 2024 |
| Slovakia (%) | 5.4 Dec 2024 | monthly | Dec 2001 - Dec 2024 |
| Slovenia (%) | 1.3 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| South Africa (%) | 6.1 Dec 2024 | monthly | Mar 1966 - Dec 2024 |
| Spain (%) | 4.9 Dec 2024 | monthly | Jan 1963 - Dec 2024 |
| Sri Lanka (%) | 10.2 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Sudan (%) | 43.9 Feb 2023 | monthly | Dec 2004 - Feb 2023 |
| Sweden (%) | 1.1 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Switzerland (%) | -10.4 Jun 2023 | monthly | Dec 1985 - Jun 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) | -694.117 Oct 2024 | monthly | Nov 2015 - Oct 2024 |
| Tax Revenue (USD mn) | 4,003.280 Oct 2024 | monthly | Nov 2015 - Oct 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) | -118.2 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| Total Exports (USD mn) | 979.7 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| Total Exports Growth (%) | 28.4 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Aluminum: Exports (USD th) | 6,891.800 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,322.180 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 3,782.765 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 1,097.9 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| Total Imports Growth (%) | 48.6 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: Medicament (USD th) | 206,384.748 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 88,866.355 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 6.815 Jan 2022 | monthly | Jan 1981 - Jan 2022 |
| Total Imports from USA (USD mn) | 24.779 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
| Total Exports to China (USD mn) | 123.713 Dec 2024 | monthly | Nov 1998 - Dec 2024 |
| Total Imports from China (USD mn) | 234.672 Dec 2024 | monthly | Jul 1992 - Dec 2024 |
| Export Value Index (2015=100) | 168.638 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 107.241 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 89.425 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 69.648 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -5.0 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Current Account Balance (USD mn) | 219.7 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Current Account Balance: % of GDP (%) | -2.0 2023 | yearly | 2010 - 2023 |
| Foreign Direct Investment (USD mn) | 58.1 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Foreign Direct Investment: % of GDP (%) | -3.9 2021 | yearly | 2010 - 2021 |
| Foreign Portfolio Investment (USD mn) | -87.272 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -1.3 2023 | yearly | 2010 - 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -0.1 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -87.173 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| External Debt (USD mn) | 23,148.0 Sep 2024 | quarterly | Mar 2011 - Sep 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 (%) | 4.8 Sep 2024 | monthly | Jan 2011 - Sep 2024 |
| Non-Performing Loans (USD mn) | 142.094 Sep 2024 | monthly | Jan 2011 - Sep 2024 |
| Money Supply M1 (USD mn) | 2,408.881 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Money Supply M2 (USD mn) | 6,408.189 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| M2 Growth (%) | 23.5 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
| Reserve Requirement Ratio (%) | 26.0 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 4,165.4 Oct 2024 | monthly | Jan 2010 - Oct 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.9 Oct 2024 | monthly | Jan 2010 - Oct 2024 |
| Total Deposits (USD mn) | 7,691.805 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Total Deposits Growth (%) | 28.8 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Domestic Credit (USD mn) | 5,449.6 Oct 2024 | monthly | Dec 2001 - Oct 2024 |
| Domestic Credit Growth (%) | 13.2 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Total Loans (USD mn) | 2,979.745 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Total Loans Growth (%) | 23.48 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 12.78 2023 | yearly | 1965 - 2023 |
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