Economic (2015)
Nominal GDP (Market Prices): USD 16.96 Billion (PPP USD 21.15 billion)
GDP Growth: 3.2%
GDP Per Capita: USD 1,096.30 (PPP USD 3,640)
Zambia Economic Fact Sheet
Economic
Stable Political & Social Environment
Global Competitiveness Index 2015–2016 out of 144 Countries: 96th -World/10th – Africa
2015 Mo Ibrahim’s Index of African Governance 52 Countries: 13th
2017 World Bank’s Ease of Doing Business out of 190 Countries: 98th –World/9th Africa/7th Sub Saharan Africa
Demographics
Demographics (2015)
Population: 15.5 Million
Urban: 41%
Rural: 59%
Population Growth: 2.94
Official Language: English
Trade
Trade (2015)
Export Value: USD 6.983 Billion
Import Value: USD 8.420 Billion
Trade Balance: (USD 1.438 Billion)
Top 20 Export Destinations
- Switzerland
- China
- Singapore
- South Africa
- Congo, Democratic Republic of the
- Zimbabwe
- Australia
- Malawi
- Hong Kong, China
- Japan
- United Arab Emirates
- United Kingdom
- Tanzania, United Republic of
- Kenya
- Mozambique
- Namibia
- Botswana
- Thailand
- Germany
- India
Top 20 Import Origins
- South Africa
- Congo, Democratic Republic of the
- China
- Mauritius
- Kenya
- Kuwait
- India
- Spain
- United Kingdom
- Japan
- United Arab Emirates
- Singapore
- United States of America
- Namibia
- Zimbabwe
- Switzerland
- Hong Kong, China
- Mozambique
- Germany
- Netherlands
Free Trade Agreements
SADC
Combined GDP: USD 700 Billion
Combined Population: 293 Million
Number of Countries: 15
COMESA
Combined GDP: USD 657.4 Billion (fastest growing economic region in 2014/2015)
Combined Population: 492.5 Million
Number of Countries: 19
COMESA-EAC-SADC Tripartite FTA
Combined GDP: USD 1.3 Trillion (58% of Africa’s GDP)
Combined Population: 632 Million
Number of Countries: 26