Bank deposits to GDP (%) in Zambia
Zambia: Bank deposits to GDP (%) was 23.2% in 2021. ▲ Rising
Bank deposits to GDP in Zambia, 2009–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Zambia recorded 23.2% for bank deposits to gdp in 2021.
The figure is down 12.6% on the previous year and up 39.0% over ten years.
Over the whole period, bank deposits to gdp in Zambia peaked at 26.5% in 2020 and was at its lowest, 15.8%, in 2009.
Zambia ranks 159th of 185 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Bank deposits to GDP (%) in Zambia, year by year
| Year | % | Change |
|---|---|---|
| 2009 | 15.8% | — |
| 2010 | 16.1% | +2.2% |
| 2011 | 16.7% | +3.4% |
| 2012 | 17.3% | +3.6% |
| 2013 | 18.2% | +5.5% |
| 2014 | 18.4% | +1.0% |
| 2015 | 23.2% | +26.0% |
| 2016 | 18.4% | -20.7% |
| 2017 | 19.6% | +6.8% |
| 2018 | 20.5% | +4.4% |
| 2019 | 21.3% | +3.9% |
| 2020 | 26.5% | +24.3% |
| 2021 | 23.2% | -12.6% |
Zambia compared with similar countries
- Zambia's 23.2% is below the median for lower middle income countries, which is 33.0%, 70% of the median. (46 countries reporting)
- Zambia's 23.2% is below the median for Sub-Saharan Africa, which is 23.8%, 97% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Bank deposits to GDP (%) in Zambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +26.0% | 18.4% | 23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.8% | 15.8% | 15.8% | 1 |
| 2010s | 19.0% | 16.1% | 23.2% | 10 |
| 2020s | 24.8% | 23.2% | 26.5% | 2 |
Countries ranked near Zambia
More financial sector data for Zambia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0011 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0008 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0011 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank deposits to gdp in Zambia?
- Bank deposits to gdp in Zambia was 23.2% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Zambia?
- The highest recorded value was 26.5% in 2020.
- What is the lowest bank deposits to gdp recorded in Zambia?
- The lowest recorded value was 15.8% in 2009.
- How does Zambia rank for bank deposits to gdp?
- Zambia ranks 159th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Zambia?
- Over the last ten years it is up 39.0%. The long-run trend across the full record is rising.
- Where does this Zambia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).