Foreign banks among total banks (%) in Zambia
Zambia: Foreign banks among total banks (%) was 94.0% in 2013. ▲ Rising
Foreign banks among total banks in Zambia, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2013, foreign banks among total banks in Zambia stood at 94.0%. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 56.7% over ten years.
Over the whole period, foreign banks among total banks in Zambia peaked at 94.0% in 2011 and was at its lowest, 50.0%, in 1995.
That places Zambia 5th out of 137 countries with data for 2013, putting it in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Zambia, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 50.0% | — |
| 1996 | 50.0% | +0.0% |
| 1997 | 55.0% | +10.0% |
| 1998 | 55.0% | +0.0% |
| 1999 | 55.0% | +0.0% |
| 2000 | 55.0% | +0.0% |
| 2001 | 60.0% | +9.1% |
| 2002 | 60.0% | +0.0% |
| 2003 | 60.0% | +0.0% |
| 2004 | 67.0% | +11.7% |
| 2005 | 70.0% | +4.5% |
| 2006 | 70.0% | +0.0% |
| 2007 | 80.0% | +14.3% |
| 2008 | 90.0% | +12.5% |
| 2009 | 92.0% | +2.2% |
| 2010 | 93.0% | +1.1% |
| 2011 | 94.0% | +1.1% |
| 2012 | 94.0% | +0.0% |
| 2013 | 94.0% | +0.0% |
Zambia compared with similar countries
- Zambia's 94.0% is above the median for lower middle income countries, which is 43.0%, 2.2× the median. (31 countries reporting)
- Zambia's 94.0% is above the median for Sub-Saharan Africa, which is 60.0%, 1.6× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 53.0% | 50.0% | 55.0% | 5 |
| 2000s | 70.4% | 55.0% | 92.0% | 10 |
| 2010s | 93.8% | 93.0% | 94.0% | 4 |
Countries ranked near Zambia
- 4 Luxembourg 95.0% compare
- 6 El Salvador 91.0% compare
- 7 Benin 89.0% compare
- 8 Montenegro 88.0% 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 foreign banks among total banks in Zambia?
- Foreign banks among total banks in Zambia was 94.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Zambia?
- The highest recorded value was 94.0% in 2011.
- What is the lowest foreign banks among total banks recorded in Zambia?
- The lowest recorded value was 50.0% in 1995.
- How does Zambia rank for foreign banks among total banks?
- Zambia ranks 5th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Zambia?
- Over the last ten years it is up 56.7%. The long-run trend across the full record is rising.
- Where does this Zambia data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.