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The Six / Southern Africa / Zambia

◇ Region 5: Southern Africa

Zambia

African Union member state in Southern Africa. Currency: ZMW (19.97 per US dollar on Oct 15, 2026).

Zambia business news on the Desk →
GDP$41.2B2026
Real GDP growth4.3%2026 (projection)
Inflation6.1%Sep 2026
Macro Pulse53 / 100how it is scored

Indicators

Latest available value for each indicator, with its source and reporting period. Values older than our freshness limits are not shown.

IndicatorValuePeriodSource
GDP (Current USD)$41.2B2026International Monetary Fund (via Africa-API)
GDP Growth (Annual %)4.3%2026International Monetary Fund (via Africa-API)
GDP Per Capita (Current USD)$2K2026International Monetary Fund (via Africa-API)
Inflation (Latest YoY)6.1%Sep 2026World Bank (via Africa-API)
Inflation (CPI)9.0%2026International Monetary Fund (via Africa-API)
Policy Rate13.25%May 13, 2026Bank of Zambia (via Mansa API)Fourth consecutive cut; May inflation is the lowest since February 2018.
Official Exchange Rate (Latest)19.62Oct 2026World Bank (via Africa-API)
Public Debt (% GDP)86.0%2025International Monetary Fund (via Africa-API)
Fiscal Balance (% GDP)-4.9%2026International Monetary Fund (via Africa-API)
Current Account Balance (% GDP)0.9%2026International Monetary Fund (via Africa-API)
Total Reserves (Including Gold, Current USD)$4.1B2024World Bank (via Africa-API)
FDI Net Inflows$1.3B2025United Nations Trade and Development (via Africa-API)
Personal Remittances Received (Current USD)$334M2024World Bank (via Africa-API)
Personal Remittances Received (% GDP)1.3%2024World Bank (via Africa-API)
Trade Balance (USD)$1.9B2024World Bank (via Africa-API)
Trade Openness (% GDP)62.5%2024World Bank (via Africa-API)
External Debt Stocks (% GNI)114.2%2024World Bank (via Africa-API)
Unemployment Rate5.9%2025World Bank (via Africa-API)
Total Population21,913,8742025World Bank (via Africa-API)
Access to Electricity53.6%2024World Bank (via Africa-API)
Political Stability Estimate-0.062025World Bank (via Africa-API)
Regulatory Quality Estimate-0.452025World Bank (via Africa-API)
Rule of Law Estimate-0.492025World Bank (via Africa-API)

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