Zambia Economic Fact Sheet

Economic

Economic (2017)

GDP                                        : USD 25.87 billion (2017)

GDP (PPP)                              : USD 68.79 billion (2017)

GDP Growth Rate                  : 3.4 (2017)

Per Capita Income                 : USD 1513.28 (2017)

Per Capita Income (PPP)       : PPP Int’l $ 4,024 (2017)

Stable Political & Social Environment

2019 World Bank’s Ease of Doing Business: 8th – Africa / 6th – Sub Saharan Africa

Demographics

Demographics (2017)

Population                  : 16.41 Million

Urban                         : 44%

Rural                           : 56%

Population Growth    : 2.9

Official Language      : English

Trade

Trade (2017)

Export Value              : USD 8.14 Billion

Import Value              : USD 8.72 Billion

Trade Balance           : (USD 0.59 Billion)

Top 20 Export Destinations

  • Switzerland
  • China
  • Congo, Democratic Republic of the
  • Singapore
  • South Africa
  • United Arab Emirates
  • United Kingdom
  • India
  • Hong Kong, China
  • Zimbabwe
  • Malawi
  • Tanzania, United Republic of
  • Kenya
  • Luxembourg
  • Rwanda
  • Japan
  • Botswana
  • Burundi
  • Namibia
  • Mozambique

Top 20 Import Origins

  • South Africa
  • Congo, Democratic Republic of the
  • China
  • Kuwait
  • United Arab Emirates
  • India
  • Mauritius
  • Mozambique
  • Tanzania, United Republic of
  • United Kingdom
  • Japan
  • Namibia
  • United States of America
  • Zimbabwe
  • Germany
  • Netherlands
  • Belgium
  • Sweden
  • Australia
  • Hong Kong, China

Free Trade Agreements

SADC (2017)

Combined GDP                     : USD 706.2 Billion

GDP/Capita                           : USD 2,095

Combined Population            : 337.1 Million

Number of Countries             : 15

 

COMESA (2017)

Combined GDP                      : USD 768.51 Billion

Combined Population            : 559 Million

Number of Countries             : 21

 

COMESA-EAC-SADC Tripartite FTA (2017)

Combined GDP                      : USD 1.40 Trillion

Combined Population            : 700 Million

Number of Countries             : 28