Goods balance (credit less debit), Net (credits less debits) in Zambia
Zambia: Goods balance (credit less debit), Net (credits less debits) was 1.30 billion in 2024. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Zambia, 2005–2024
Source: International Monetary Fund.
Analysis
Zambia recorded 1.30 billion for goods balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is down 5.2% on the previous year and down 19.9% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Zambia peaked at 4.82 billion in 2021 and was at its lowest, -74.26 million, in 2015.
That places Zambia 56th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 117.48 million | — |
| 2006 | 1.35 billion | +1048.3% |
| 2007 | 945.08 million | -29.9% |
| 2008 | 458.87 million | -51.4% |
| 2009 | 958.51 million | +108.9% |
| 2010 | 2.77 billion | +189.4% |
| 2011 | 2.30 billion | -17.1% |
| 2012 | 1.60 billion | -30.6% |
| 2013 | 1.65 billion | +3.3% |
| 2014 | 1.63 billion | -1.4% |
| 2015 | -74.26 million | -104.6% |
| 2016 | -3.71 million | -95.0% |
| 2017 | 960.18 million | -25977.1% |
| 2018 | 513.90 million | -46.5% |
| 2019 | 744.35 million | +44.8% |
| 2020 | 3.22 billion | +332.1% |
| 2021 | 4.82 billion | +49.8% |
| 2022 | 3.37 billion | -30.1% |
| 2023 | 1.37 billion | -59.2% |
| 2024 | 1.30 billion | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 765.79 million | 117.48 million | 1.35 billion | 5 |
| 2010s | 1.21 billion | -74.26 million | 2.77 billion | 10 |
| 2020s | 2.81 billion | 1.30 billion | 4.82 billion | 5 |
Countries ranked near Zambia
- 53 Luxembourg 1.90 billion compare
- 54 South Sudan 1.76 billion compare
- 55 Cote d'Ivoire 1.75 billion compare
- 57 Suriname 931.32 million compare
- 58 Laos 723.26 million compare
- 59 Slovenia 439.72 million compare
More financial sector data for Zambia
- Total reserves in months of imports, annual growth rate 9.04 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 21.44 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0425 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 50.49 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 32.6 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 147.13 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 32.6 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 147.13 SDR per person (2024)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Zambia?
- Goods balance (credit less debit), net (credits less debits) in Zambia was 1.30 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Zambia?
- The highest recorded value was 4.82 billion in 2021.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Zambia?
- The lowest recorded value was -74.26 million in 2015.
- How does Zambia rank for goods balance (credit less debit), net (credits less debits)?
- Zambia ranks 56th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Zambia?
- Over the last ten years it is down 19.9%. 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 Goods 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.