The economy of Zambia grew 6.1 percent year-on-year in the fourth quarter of 2022, following a 5.8 percent expansion in the previous three-month period. This was the strongest growth in the country's economic activity since the second quarter of 2021. source: Central Statistical Office, Zambia

GDP Annual Growth Rate in Zambia averaged 3.46 percent from 1961 until 2022, 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 June of 2023.

GDP Annual Growth Rate in Zambia is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia GDP Annual Growth Rate is projected to trend around 4.30 percent in 2024 and 4.60 percent in 2025, according to our econometric models.

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Zambia GDP Annual Growth Rate



Related Last Previous Unit Reference
GDP Annual Growth Rate 6.10 5.80 percent Dec 2022
GDP Constant Prices 504477.00 443362.00 ZMW Million Dec 2022
GDP from Transport 2088.60 2075.90 ZMW Million Dec 2022
GDP from Services 6831.80 7407.00 ZMW Million Dec 2022
GDP from Public Administration 1658.40 1750.50 ZMW Million Dec 2022
GDP from Mining 3516.90 3578.10 ZMW Million Dec 2022
GDP from Manufacturing 2930.60 3164.90 ZMW Million Dec 2022
GDP from Construction 3664.00 3818.70 ZMW Million Dec 2022
GDP from Agriculture 3243.60 1679.00 ZMW Million Dec 2022

Zambia GDP Annual Growth Rate
Zambia is one of the poorest countries in the world with 60 percent of population living below poverty line. In recent years, Zambia’s economy has been growing rapidly due to expansion of copper mining industry and agriculture diversification. However, widespread poverty, mainly caused by fast population growth and systemic youth unemployment, remains Zambia’s main economic challenge.
Actual Previous Highest Lowest Dates Unit Frequency
6.10 5.80 16.70 -8.60 1961 - 2022 percent Quarterly
2010=100, NSA