Broad money growth in Zambia
Zambia: Broad money growth was 8.7% in 2025. ◆ Volatile
Broad money growth in Zambia, 1966–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2025, broad money growth in Zambia stood at 8.7%.
Compared with earlier readings it is down 62.1% on the previous year and down 75.3% over ten years.
Over the whole period, broad money growth in Zambia peaked at 97.3% in 1991 and was at its lowest, -10.4%, in 1971.
Zambia ranks 98th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth in Zambia, year by year
| Year | annual % | Change |
|---|---|---|
| 1966 | 35.1% | — |
| 1967 | 16.6% | -52.8% |
| 1968 | 29.1% | +75.5% |
| 1969 | 28.7% | -1.3% |
| 1970 | 26.3% | -8.5% |
| 1971 | -10.4% | -139.6% |
| 1972 | 7.1% | -168.0% |
| 1973 | 20.4% | +188.6% |
| 1974 | 7.3% | -64.5% |
| 1975 | 12.0% | +65.9% |
| 1976 | 26.3% | +118.1% |
| 1977 | 12.1% | -54.1% |
| 1978 | -8.5% | -170.3% |
| 1979 | 30.1% | -455.3% |
| 1980 | 9.0% | -70.1% |
| 1981 | 7.9% | -12.3% |
| 1982 | 33.8% | +327.7% |
| 1983 | 11.1% | -67.2% |
| 1984 | 17.2% | +55.1% |
| 1985 | 23.4% | +36.1% |
| 1986 | 93.3% | +299.1% |
| 1987 | 54.3% | -41.8% |
| 1988 | 61.6% | +13.6% |
| 1989 | 65.2% | +5.8% |
| 1990 | 47.9% | -26.6% |
| 1991 | 97.3% | +103.2% |
| 1994 | 59.2% | -39.2% |
| 1995 | 55.5% | -6.3% |
| 1996 | 35.0% | -36.9% |
| 1997 | 25.1% | -28.4% |
| 1998 | 25.6% | +2.2% |
| 1999 | 27.7% | +8.1% |
| 2000 | 73.8% | +166.4% |
| 2001 | 8.7% | -88.2% |
| 2002 | 28.2% | +223.3% |
| 2003 | 25.0% | -11.3% |
| 2004 | 32.0% | +27.9% |
| 2005 | 3.3% | -89.8% |
| 2006 | 44.0% | +1253.3% |
| 2007 | 25.3% | -42.6% |
| 2008 | 23.2% | -8.1% |
| 2009 | 7.7% | -67.0% |
| 2010 | 29.9% | +289.7% |
| 2011 | 21.7% | -27.3% |
| 2012 | 17.9% | -17.7% |
| 2013 | 20.8% | +16.4% |
| 2014 | 12.6% | -39.3% |
| 2015 | 35.2% | +178.9% |
| 2016 | -5.7% | -116.2% |
| 2017 | 21.4% | -474.5% |
| 2018 | 16.5% | -22.8% |
| 2019 | 12.5% | -23.9% |
| 2020 | 46.4% | +270.2% |
| 2021 | 3.7% | -92.1% |
| 2022 | 24.5% | +570.0% |
| 2023 | 24.6% | +0.3% |
| 2024 | 23.0% | -6.6% |
| 2025 | 8.7% | -62.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 27.4% | 16.6% | 35.1% | 4 |
| 1970s | 12.3% | -10.4% | 30.1% | 10 |
| 1980s | 37.7% | 7.9% | 93.3% | 10 |
| 1990s | 46.7% | 25.1% | 97.3% | 8 |
| 2000s | 27.1% | 3.3% | 73.8% | 10 |
| 2010s | 18.3% | -5.7% | 35.2% | 10 |
| 2020s | 21.8% | 3.7% | 46.4% | 6 |
Countries ranked near Zambia
More financial sector data for Zambia
- Net domestic credit (current LCU), per capita 7,869 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 5.97 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.4 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2020)
- Gold reserves at market value 0 SDR (2020)
- Reserves excluding gold, foreign exchange 1.08 billion SDR (2024)
- Reserves excluding gold 3.14 billion SDR (2024)
- Total reserves (gold at market value) 3.14 billion SDR (2024)
- Total reserves (gold at national valuation) 3.14 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 147.13 SDR per person (2024)
Frequently asked questions
- What is broad money growth in Zambia?
- Broad money growth in Zambia was 8.7% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Zambia?
- The highest recorded value was 97.3% in 1991.
- What is the lowest broad money growth recorded in Zambia?
- The lowest recorded value was -10.4% in 1971.
- How does Zambia rank for broad money growth?
- Zambia ranks 98th out of 166 countries with data for 2025.
- Is broad money growth rising or falling in Zambia?
- Over the last ten years it is down 75.3%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.