Financial Development Index in Zambia
Zambia: Financial Development Index was 0.1946 in 2020. ▲ Rising
Financial Development Index in Zambia, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Zambia stood at 0.1946.
That represents a change of down 0.8% on the previous year and up 12.1% over ten years.
Over the whole period, financial development index in Zambia peaked at 0.2177 in 1980 and was at its lowest, 0.137, in 1993.
Zambia ranks 115th of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Development Index in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.2177 | — |
| 1981 | 0.1979 | -9.1% |
| 1982 | 0.1942 | -1.9% |
| 1983 | 0.1575 | -18.9% |
| 1984 | 0.1501 | -4.7% |
| 1985 | 0.1535 | +2.3% |
| 1986 | 0.1474 | -4.0% |
| 1987 | 0.1629 | +10.5% |
| 1988 | 0.176 | +8.1% |
| 1989 | 0.176 | +0.0% |
| 1990 | 0.1529 | -13.1% |
| 1991 | 0.1421 | -7.1% |
| 1992 | 0.1474 | +3.7% |
| 1993 | 0.137 | -7.1% |
| 1994 | 0.1388 | +1.4% |
| 1995 | 0.1374 | -1.0% |
| 1996 | 0.165 | +20.1% |
| 1997 | 0.1693 | +2.6% |
| 1998 | 0.1473 | -13.0% |
| 1999 | 0.1407 | -4.5% |
| 2000 | 0.1441 | +2.4% |
| 2001 | 0.1393 | -3.3% |
| 2002 | 0.1746 | +25.3% |
| 2003 | 0.1491 | -14.6% |
| 2004 | 0.1595 | +7.0% |
| 2005 | 0.1575 | -1.3% |
| 2006 | 0.1675 | +6.3% |
| 2007 | 0.1774 | +6.0% |
| 2008 | 0.1766 | -0.5% |
| 2009 | 0.1652 | -6.5% |
| 2010 | 0.1736 | +5.1% |
| 2011 | 0.1901 | +9.5% |
| 2012 | 0.1935 | +1.8% |
| 2013 | 0.1959 | +1.3% |
| 2014 | 0.1809 | -7.7% |
| 2015 | 0.1957 | +8.2% |
| 2016 | 0.1882 | -3.9% |
| 2017 | 0.1966 | +4.5% |
| 2018 | 0.1957 | -0.4% |
| 2019 | 0.1961 | +0.2% |
| 2020 | 0.1946 | -0.8% |
Zambia compared with similar countries
- Zambia's 0.1946 is above the median for lower middle income countries, which is 0.1603, 1.2× the median. (45 countries reporting)
- Zambia's 0.1946 is above the median for Sub-Saharan Africa, which is 0.1219, 1.6× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1733 | 0.1474 | 0.2177 | 10 |
| 1990s | 0.1478 | 0.137 | 0.1693 | 10 |
| 2000s | 0.1611 | 0.1393 | 0.1774 | 10 |
| 2010s | 0.1906 | 0.1736 | 0.1966 | 10 |
| 2020s | 0.1946 | 0.1946 | 0.1946 | 1 |
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 financial development index in Zambia?
- Financial development index in Zambia was 0.1946 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Zambia?
- The highest recorded value was 0.2177 in 1980.
- What is the lowest financial development index recorded in Zambia?
- The lowest recorded value was 0.137 in 1993.
- How does Zambia rank for financial development index?
- Zambia ranks 115th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Zambia?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is rising.
- Where does this Zambia data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.