Zambia Nominal GDP

2010 - 2023 | Yearly | USD mn | CEIC Data

Key information about Zambia Nominal GDP

  • Zambia Nominal GDP reached 28.2 USD bn in Dec 2023, compared with 29.2 USD bn in the previous year.
  • Nominal GDP in Zambia is updated yearly, available from Dec 2010 to Dec 2023, with an average number of 24.5 USD bn.
  • The data reached an all-time high of 29.2 USD bn in Dec 2022 and a record low of 17.1 USD bn in Dec 2019.

CEIC converts annual Nominal GDP into USD. Zambia Statistics Agency provides Nominal GDP in local currency. The Bank of Zambia average market exchange rate is used for currency conversions.


Related information about Zambia Nominal GDP

  • In the latest reports, Zambia GDP expanded 3.3 % YoY in Sep 2017.
  • Its GDP deflator (implicit price deflator) increased 9.3 % in Dec 2023.
  • Zambia GDP Per Capita reached 1,375.3 USD in Dec 2015.
  • Its Gross Savings Rate was measured at 34.5 % in Dec 2015.
  • For Nominal GDP contributions, Investment accounted for 42.8 % in Dec 2015.
  • Public Consumption accounted for 14.8 % in Dec 2015.
  • Private Consumption accounted for 50.7 % in Dec 2015.

View Zambia's Nominal GDP from 2010 to 2023 in the chart:

Zambia Nominal GDP

What was Zambia's Nominal GDP in 2023?

Zambia Nominal GDP reached 28.2 USD bn in Dec 2023, compared with 29.2 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
28,165.3 2023 29,203.6 2022 17,126.2 2019 29,203.6 2022 USD mn yearly 2010 - 2023

Nominal GDP by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 1,020.5 Mar 2023 quarterly Mar 2008 - Mar 2023
Algeria (USD mn) 49,686.2 Sep 2022 quarterly Mar 1999 - Sep 2022
Argentina (USD mn) 161,468.8 Sep 2022 quarterly Mar 1993 - Sep 2022
Armenia (USD mn) 4,555.0 Mar 2023 quarterly Dec 1994 - Mar 2023
Australia (USD mn) 440,146.9 Mar 2023 quarterly Sep 1959 - Mar 2023
Austria (USD mn) 117,117.1 Dec 2022 quarterly Mar 1988 - Dec 2022
Azerbaijan (USD mn) 20,960.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Bahrain (USD mn) 11,004.5 Dec 2022 quarterly Mar 2007 - Dec 2022
Bangladesh (USD mn) 460,199.8 2022 yearly 1960 - 2022
Belarus (USD mn) 16,878.2 Mar 2023 quarterly Mar 1994 - Mar 2023
Belgium (USD mn) 153,814.1 Mar 2023 quarterly Mar 1980 - Mar 2023
Bolivia (USD mn) 10,724.0 Sep 2022 quarterly Mar 1990 - Sep 2022
Bosnia and Herzegovina (USD mn) 6,170.0 Sep 2022 quarterly Mar 2008 - Sep 2022
Botswana (USD mn) 5,136.2 Mar 2023 quarterly Sep 1993 - Mar 2023
Brazil (USD mn) 486,069.0 Mar 2023 quarterly Mar 1990 - Mar 2023
Brunei (USD mn) 4,130.1 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (USD mn) 24,538.2 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (USD mn) 39,490.8 2022 yearly 1993 - 2022
Canada (USD mn) 513,543.5 Dec 2022 quarterly Mar 1957 - Dec 2022
Chile (USD mn) 69,075.0 Sep 2022 quarterly Mar 1990 - Sep 2022
China (USD mn) 4,166,759.1 Mar 2023 quarterly Mar 1992 - Mar 2023
Colombia (USD mn) 79,499.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Croatia (USD mn) 17,564.7 Dec 2022 quarterly Mar 1995 - Dec 2022
Cyprus (USD mn) 7,631.5 Mar 2023 quarterly Mar 1995 - Mar 2023
Czech Republic (USD mn) 72,034.2 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (USD mn) 96,987.7 Dec 2022 quarterly Mar 1990 - Dec 2022
Ecuador (USD mn) 29,334.6 Sep 2022 quarterly Mar 1991 - Sep 2022
Egypt (USD mn) 108,969.4 Dec 2022 quarterly Sep 2001 - Dec 2022
Estonia (USD mn) 9,214.3 Sep 2022 quarterly Mar 1995 - Sep 2022
European Union (USD mn) 4,141,831.0 Dec 2022 quarterly Mar 1999 - Dec 2022
Finland (USD mn) 73,976.2 Mar 2023 quarterly Mar 1990 - Mar 2023
France (USD mn) 689,415.2 Dec 2022 quarterly Mar 1957 - Dec 2022
Georgia (USD mn) 8,067.4 Jun 2024 quarterly Mar 2010 - Jun 2024
Germany (USD mn) 1,072,807.2 Mar 2023 quarterly Mar 1960 - Mar 2023
Ghana (USD mn) 17,859.8 Jun 2024 quarterly Mar 2006 - Jun 2024
Greece (USD mn) 50,731.1 Sep 2022 quarterly Mar 1995 - Sep 2022
Hong Kong SAR, China (USD mn) 94,469.6 Dec 2022 quarterly Mar 1973 - Dec 2022
Hungary (USD mn) 42,734.0 Mar 2023 quarterly Mar 1995 - Mar 2023
Iceland (USD mn) 7,161.1 Mar 2023 quarterly Mar 1995 - Mar 2023
India (USD mn) 873,666.0 Mar 2023 quarterly Jun 1996 - Mar 2023
Indonesia (USD mn) 328,642.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Iran (USD mn) 429,426.7 Mar 2022 quarterly Jun 1988 - Mar 2022
Ireland (USD mn) 133,294.5 Dec 2022 quarterly Mar 1995 - Dec 2022
Israel (USD mn) 133,411.2 Dec 2022 quarterly Mar 1995 - Dec 2022
Italy (USD mn) 538,664.9 Mar 2023 quarterly Mar 1980 - Mar 2023
Ivory Coast (USD mn) 11,011.3 Sep 2022 quarterly Mar 1997 - Sep 2022
Japan (USD mn) 991,864.7 Dec 2022 quarterly Mar 1957 - Dec 2022
Jordan (USD mn) 11,474.4 Mar 2023 quarterly Mar 1992 - Mar 2023
Kazakhstan (USD mn) 76,997.7 Dec 2022 quarterly Mar 1994 - Dec 2022
Kenya (USD mn) 26,869.9 Sep 2022 quarterly Mar 2009 - Sep 2022
South Korea (USD mn) 429,247.3 Mar 2023 quarterly Mar 1960 - Mar 2023
Kosovo (USD mn) 2,609.3 Jun 2024 quarterly Mar 2010 - Jun 2024
Kuwait (USD mn) 27,984.3 Dec 2020 quarterly Mar 2010 - Dec 2020
Kyrgyzstan (USD mn) 2,120.3 Mar 2023 quarterly Mar 2000 - Mar 2023
Laos (USD mn) 15,362.5 2022 yearly 1984 - 2022
Latvia (USD mn) 10,411.8 Dec 2022 quarterly Mar 1995 - Dec 2022
Lebanon (USD mn) 63,482.3 2020 yearly 1997 - 2020
Lithuania (USD mn) 19,049.1 Mar 2023 quarterly Mar 1995 - Mar 2023
Luxembourg (USD mn) 22,027.3 Mar 2023 quarterly Mar 1995 - Mar 2023
Macau SAR, China (USD mn) 6,008.2 Dec 2022 quarterly Mar 1998 - Dec 2022
North Macedonia (USD mn) 3,828.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Malawi (USD mn) 10,862.6 2019 yearly 1960 - 2019
Malaysia (USD mn) 102,217.9 Dec 2022 quarterly Mar 1991 - Dec 2022
Malta (USD mn) 4,614.7 Mar 2023 quarterly Mar 1992 - Mar 2023
Mauritius (USD mn) 3,723.6 Dec 2022 quarterly Mar 1999 - Dec 2022
Mexico (USD mn) 372,043.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Moldova (USD mn) 3,863.7 Dec 2022 quarterly Mar 1995 - Dec 2022
Mongolia (USD mn) 3,889.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Montenegro (USD mn) 1,835.8 Sep 2022 quarterly Mar 2010 - Sep 2022
Morocco (USD mn) 33,460.2 Sep 2022 quarterly Mar 1990 - Sep 2022
Mozambique (USD mn) 15,777.0 2021 yearly 1963 - 2021
Myanmar (USD mn) 66,719.6 2018 yearly 2001 - 2018
Nepal (USD mn) 40,828.2 2022 yearly 2001 - 2022
Netherlands (USD mn) 272,109.1 Mar 2023 quarterly Mar 1988 - Mar 2023
New Zealand (USD mn) 58,483.4 Dec 2022 quarterly Jun 1987 - Dec 2022
Nigeria (USD mn) 111,302.5 Mar 2023 quarterly Mar 2010 - Mar 2023
Norway (USD mn) 133,727.8 Dec 2022 quarterly Mar 1978 - Dec 2022
Oman (USD mn) 27,116.8 Mar 2023 quarterly Mar 2005 - Mar 2023
Pakistan (USD mn) 341,308.8 2023 yearly 2000 - 2023
Palestinian Territory (USD mn) 4,747.2 Sep 2022 quarterly Mar 2000 - Sep 2022
Panama (USD mn) 18,056.7 Sep 2022 quarterly Mar 2007 - Sep 2022
Paraguay (USD mn) 10,371.6 Sep 2022 quarterly Mar 1994 - Sep 2022
Peru (USD mn) 60,278.3 Mar 2023 quarterly Mar 1979 - Mar 2023
Philippines (USD mn) 112,472.0 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (USD mn) 188,184.3 Dec 2022 quarterly Mar 1995 - Dec 2022
Portugal (USD mn) 60,609.1 Sep 2022 quarterly Mar 1995 - Sep 2022
Qatar (USD mn) 62,753.6 Sep 2022 quarterly Mar 2010 - Sep 2022
Romania (USD mn) 84,896.6 Mar 2023 quarterly Mar 1995 - Mar 2023
Russia (USD mn) 677,540.7 Dec 2022 quarterly Mar 1993 - Dec 2022
Saudi Arabia (USD mn) 272,995.3 Dec 2022 quarterly Mar 2003 - Dec 2022
Serbia (USD mn) 17,095.0 Dec 2022 quarterly Mar 1995 - Dec 2022
Singapore (USD mn) 120,606.6 Mar 2023 quarterly Mar 1975 - Mar 2023
Slovakia (USD mn) 31,651.0 Mar 2023 quarterly Mar 1995 - Mar 2023
Slovenia (USD mn) 15,628.1 Dec 2022 quarterly Mar 1995 - Dec 2022
South Africa (USD mn) 98,826.0 Sep 2022 quarterly Mar 1960 - Sep 2022
Spain (USD mn) 377,281.4 Mar 2023 quarterly Mar 1970 - Mar 2023
Sri Lanka (USD mn) 17,949.0 Sep 2022 quarterly Mar 2002 - Sep 2022
Sudan (USD mn) 30,863.0 2021 yearly 1960 - 2021
Sweden (USD mn) 145,310.7 Mar 2023 quarterly Mar 1980 - Mar 2023
Switzerland (USD mn) 201,987.0 Dec 2022 quarterly Mar 1980 - Dec 2022

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

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
Import Value Index (2015=100) 89.425 2021 yearly 1980 - 2021
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
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

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data