Current account balance (credit less debit), Net (credits less debits) in Zambia
Zambia: Current account balance (credit less debit), Net (credits less debits) was -487.39 million in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Zambia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Zambia stood at -487.39 million.
Compared with earlier readings it is up 41.8% on the previous year and down 25.8% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Zambia peaked at 2.63 billion in 2021 and was at its lowest, -953.96 million, in 2016.
Zambia ranks 112th of 198 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.
Current account balance (credit less debit), Net (credits less debits) in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -232.04 million | — |
| 2006 | 592.52 million | -355.4% |
| 2007 | -174.03 million | -129.4% |
| 2008 | -596.53 million | +242.8% |
| 2009 | 912.56 million | -253.0% |
| 2010 | 1.53 billion | +67.1% |
| 2011 | 1.09 billion | -28.3% |
| 2012 | 1.37 billion | +25.5% |
| 2013 | -161.48 million | -111.8% |
| 2014 | -387.33 million | +139.9% |
| 2015 | -767.65 million | +98.2% |
| 2016 | -953.96 million | +24.3% |
| 2017 | -435.00 million | -54.4% |
| 2018 | -342.36 million | -21.3% |
| 2019 | 140.71 million | -141.1% |
| 2020 | 2.14 billion | +1419.9% |
| 2021 | 2.63 billion | +23.0% |
| 2022 | 1.09 billion | -58.4% |
| 2023 | -837.68 million | -176.6% |
| 2024 | -487.39 million | -41.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100.50 million | -596.53 million | 912.56 million | 5 |
| 2010s | 108.26 million | -953.96 million | 1.53 billion | 10 |
| 2020s | 907.22 million | -837.68 million | 2.63 billion | 5 |
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 current account balance (credit less debit), net (credits less debits) in Zambia?
- Current account balance (credit less debit), net (credits less debits) in Zambia was -487.39 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Zambia?
- The highest recorded value was 2.63 billion in 2021.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Zambia?
- The lowest recorded value was -953.96 million in 2016.
- How does Zambia rank for current account balance (credit less debit), net (credits less debits)?
- Zambia ranks 112th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Zambia?
- Over the last ten years it is down 25.8%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.