Financial system deposits to GDP (%) in Zambia

Zambia: Financial system deposits to GDP (%) was 23.2% in 2021. ▲ Rising

Latest (2021)
23.2%
Change on year
down 12.6%
World rank
159th
of 185 countries
All-time high
26.5%
in 2020
All-time low
15.8%
in 2009
Years of data
13
2009–2021

Financial system deposits to GDP in Zambia, 2009–2021

01020302009201520212009: 15.8 %2010: 16.1 %2011: 16.7 %2012: 17.3 %2013: 18.2 %2014: 18.4 %2015: 23.2 %2016: 18.4 %2017: 19.6 %2018: 20.5 %2019: 21.3 %2020: 26.5 %2021: 23.2 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for financial system deposits to gdp in Zambia is 23.2%, measured in 2021.

Compared with earlier readings it is down 12.6% on the previous year and up 39.0% over ten years.

Over the whole period, financial system 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.

Financial system deposits to GDP (%) in Zambia, year by year

Annual values for Financial system deposits to GDP (%) in Zambia, 2009 to 2021.
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 Financial system 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.

YearChange FromTo
2015 +26.0% 18.4% 23.2%

Averages by decade

DecadeAverage LowestHighest 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

  1. 156 Ghana 23.9% compare
  2. 157 Sierra Leone 23.7% compare
  3. 158 Vietnam 23.3% compare
  4. 160 Iraq 22.6% compare
  5. 161 Angola 22.6% compare
  6. 162 Argentina 21.9% compare

See the full ranking of 185 places →

More financial sector data for Zambia

All data for Zambia →

Frequently asked questions

What is financial system deposits to gdp in Zambia?
Financial system deposits to gdp in Zambia was 23.2% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest financial system deposits to gdp recorded in Zambia?
The highest recorded value was 26.5% in 2020.
What is the lowest financial system deposits to gdp recorded in Zambia?
The lowest recorded value was 15.8% in 2009.
How does Zambia rank for financial system deposits to gdp?
Zambia ranks 159th out of 185 countries with data for 2021.
Is financial system 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 Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.

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Financial system deposits to GDP in Zambia. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 09 November 2026, from https://financial-sector.statizoid.com/stat/financial-system-deposits-to-gdp-percent/zambia/

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About this data

Indicator
Financial system deposits to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,595 data points, 1960–2021
Last refreshed

Demand, time and saving deposits in deposit money banks and other financial institutions 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. Financial system deposits (IFS lines 24, 25, 44, and 45); 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).