Domestic credit to private sector in Zambia
Zambia: Domestic credit to private sector was 17.0% in 2024. ▼ Falling
Domestic credit to private sector in Zambia, 2011–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Zambia recorded 17.0% for domestic credit to private sector in 2024.
Compared with earlier readings it is up 8.8% on the previous year and down 0.5% over ten years.
Over the whole period, domestic credit to private sector in Zambia peaked at 19.8% in 2015 and was at its lowest, 11.4%, in 2021.
Zambia ranks 151st of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Domestic credit to private sector in Zambia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | 13.7% | — |
| 2012 | 15.9% | +15.8% |
| 2013 | 15.8% | -0.3% |
| 2014 | 17.1% | +8.0% |
| 2015 | 19.8% | +15.7% |
| 2016 | 15.4% | -21.9% |
| 2017 | 14.9% | -3.5% |
| 2018 | 15.0% | +0.5% |
| 2019 | 15.6% | +4.4% |
| 2020 | 15.2% | -3.0% |
| 2021 | 11.4% | -25.1% |
| 2022 | 13.0% | +14.2% |
| 2023 | 15.6% | +20.4% |
| 2024 | 17.0% | +8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.9% | 13.7% | 19.8% | 9 |
| 2020s | 14.4% | 11.4% | 17.0% | 5 |
Countries ranked near Zambia
- 148 Ukraine 18.2% compare
- 149 Ethiopia 17.7%
- 150 Argentina 17.6% compare
- 152 Tanzania, United Republic of 16.7% compare
- 153 Madagascar 16.5% compare
- 154 Papua New Guinea 16.3% compare
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 domestic credit to private sector in Zambia?
- Domestic credit to private sector in Zambia was 17.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Zambia?
- The highest recorded value was 19.8% in 2015.
- What is the lowest domestic credit to private sector recorded in Zambia?
- The lowest recorded value was 11.4% in 2021.
- How does Zambia rank for domestic credit to private sector?
- Zambia ranks 151st out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Zambia?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is falling.
- Where does this Zambia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.