Goods balance (credit less debit), Percent of GDP (Balance) in Zambia
Zambia: Goods balance (credit less debit), Percent of GDP (Balance) was 8.6 in 2027. ◆ Volatile
Goods balance (credit less debit), Percent of GDP (Balance of) in Zambia, 2000–2027
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), percent of gdp (balance of) in Zambia is 8.6, measured in 2027.
Compared with earlier readings it is up 16.9% on the previous year and up 131.7% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in Zambia peaked at 21.8 in 2021 and was at its lowest, -8.39, in 2001.
That places Zambia 11th out of 45 countries with data for 2027, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Percent of GDP (Balance) in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -5.72 | — |
| 2001 | -8.39 | +46.6% |
| 2002 | -4.64 | -44.8% |
| 2003 | -5.77 | +24.5% |
| 2004 | 2.32 | -140.2% |
| 2005 | 1.41 | -39.3% |
| 2006 | 10.57 | +649.5% |
| 2007 | 6.72 | -36.4% |
| 2008 | 2.56 | -61.9% |
| 2009 | 6.25 | +144.1% |
| 2010 | 13.69 | +118.9% |
| 2011 | 9.8 | -28.4% |
| 2012 | 6.26 | -36.2% |
| 2013 | 5.88 | -6.1% |
| 2014 | 5.99 | +1.9% |
| 2015 | 0.778 | -87.0% |
| 2016 | 1.14 | +46.2% |
| 2017 | 3.71 | +226.4% |
| 2018 | 1.95 | -47.4% |
| 2019 | 3.02 | +54.7% |
| 2020 | 17.73 | +486.8% |
| 2021 | 21.8 | +22.9% |
| 2022 | 11.55 | -47.0% |
| 2023 | 4.98 | -56.9% |
| 2024 | 5.14 | +3.3% |
| 2025 | 5.58 | +8.5% |
| 2026 | 7.36 | +31.8% |
| 2027 | 8.6 | +16.9% |
Zambia compared with similar countries
- Zambia's 8.6 is above the median for Sub-Saharan Africa, which is -2.52. (45 countries reporting)
- Zambia's 8.6 is above the median for lower middle income countries, which is -1.5. (19 countries reporting)
Biggest year-on-year movements
Years where Goods balance (credit less debit), Percent of GDP (Balance) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +649.5% | 1.41 | 10.57 |
| 2020 | +486.8% | 3.02 | 17.73 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.531 | -8.39 | 10.57 | 10 |
| 2010s | 5.22 | 0.778 | 13.69 | 10 |
| 2020s | 10.34 | 4.98 | 21.8 | 8 |
Countries ranked near Zambia
- 8 Democratic Republic of Congo 10.76 compare
- 9 Equatorial Guinea 10.75 compare
- 10 Chad 9.07 compare
- 12 Cote d'Ivoire 8.44 compare
- 13 Mali 6.7 compare
- 14 Nigeria 5.18 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 goods balance (credit less debit), percent of gdp (balance of) in Zambia?
- Goods balance (credit less debit), percent of gdp (balance of) in Zambia was 8.6 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in Zambia?
- The highest recorded value was 21.8 in 2021.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in Zambia?
- The lowest recorded value was -8.39 in 2001.
- How does Zambia rank for goods balance (credit less debit), percent of gdp (balance of)?
- Zambia ranks 11th out of 45 countries with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in Zambia?
- Over the last ten years it is up 131.7%. 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), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.