The Gross Domestic Product (GDP) in Zambia expanded 0.20 percent in the fourth quarter of 2019 over the same quarter of the previous year.
GDP Annual Growth Rate in Zambia averaged 3.63 percent from 1961 until 2019, reaching an all time high of 16.70 percent in the fourth quarter of 1965 and a record low of -8.60 percent in the fourth quarter of 1994. This page provides - Zambia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia GDP Annual Growth Rate - values, historical data and charts - was last updated on August of 2020. source: Central Statistical Office, Zambia
GDP Annual Growth Rate in Zambia is expected to be -3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Zambia to stand at 1.60 in 12 months time. In the long-term, the Zambia GDP Annual Growth Rate is projected to trend around 2.30 percent in 2021 and 3.10 percent in 2022, according to our econometric models.