Government securities: Treasury bills yields, Rate, Percent per annum in Zambia

Zambia: Government securities: Treasury bills yields, Rate, Percent per annum was 20.8 in 2020. ◆ Volatile

Latest (2020)
20.8
Change on year
down 1.6%
World rank
2nd
of 89 countries
All-time high
124.03
in 1993
All-time low
4.38
in 1978
Years of data
43
1978–2020

Government securities: Treasury bills yields, Rate, Percent per annum in Zambia, 1978–2020

02550751001251978199920201978: 4.41979: 4.41980: 4.51981: 5.81982: 61983: 7.51984: 7.71985: 13.21986: 24.21987: 16.51988: 15.21989: 18.51990: 25.91991: 371992: 471993: 1241994: 74.21995: 39.81996: 52.81997: 29.51998: 24.91999: 36.22000: 31.42001: 44.32002: 34.52003: 302004: 12.62005: 16.32006: 10.42007: 122008: 13.52009: 15.42010: 6.32011: 9.62012: 10.12013: 11.42014: 15.42015: 192016: 24.32017: 14.52018: 14.92019: 21.12020: 20.8

Source: International Monetary Fund.

Analysis

The most recent figure for government securities: treasury bills yields, rate, percent per annum in Zambia is 20.8, measured in 2020.

Compared with earlier readings it is down 1.6% on the previous year and up 231.4% over ten years.

Over the whole period, government securities: treasury bills yields, rate, percent per annum in Zambia peaked at 124.03 in 1993 and was at its lowest, 4.38, in 1978.

That places Zambia 2nd out of 89 countries with data for 2020, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Government securities: Treasury bills yields, Rate, Percent per annum in Zambia, year by year

Annual values for Government securities: Treasury bills yields, Rate, Percent per annum in Zambia, 1978 to 2020.
Year Value Change
1978 4.38
1979 4.44 +1.4%
1980 4.5 +1.4%
1981 5.75 +27.8%
1982 6 +4.3%
1983 7.5 +25.0%
1984 7.67 +2.2%
1985 13.21 +72.3%
1986 24.25 +83.6%
1987 16.5 -32.0%
1988 15.17 -8.1%
1989 18.5 +22.0%
1990 25.92 +40.1%
1991 37 +42.8%
1992 47 +27.0%
1993 124.03 +163.9%
1994 74.21 -40.2%
1995 39.81 -46.4%
1996 52.77 +32.6%
1997 29.48 -44.1%
1998 24.94 -15.4%
1999 36.19 +45.1%
2000 31.37 -13.3%
2001 44.28 +41.2%
2002 34.54 -22.0%
2003 29.97 -13.2%
2004 12.6 -58.0%
2005 16.32 +29.5%
2006 10.37 -36.5%
2007 11.95 +15.3%
2008 13.47 +12.7%
2009 15.39 +14.3%
2010 6.28 -59.2%
2011 9.55 +52.2%
2012 10.13 +6.0%
2013 11.45 +13.0%
2014 15.36 +34.2%
2015 19.02 +23.8%
2016 24.28 +27.7%
2017 14.49 -40.3%
2018 14.86 +2.6%
2019 21.13 +42.2%
2020 20.8 -1.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.41 4.38 4.44 2
1980s 11.9 4.5 24.25 10
1990s 49.13 24.94 124.03 10
2000s 22.03 10.37 44.28 10
2010s 14.65 6.28 24.28 10
2020s 20.8 20.8 20.8 1

Countries ranked near Zambia

  1. 1 Egypt 27.73 compare
  2. 3 South Sudan 20.41 compare
  3. 4 Turkey 17.72 compare
  4. 5 Angola 17.5 compare

See the full ranking of 90 places →

More financial sector data for Zambia

All data for Zambia →

Frequently asked questions

What is government securities: treasury bills yields, rate, percent per annum in Zambia?
Government securities: treasury bills yields, rate, percent per annum in Zambia was 20.8 in 2020, according to International Monetary Fund.
What is the highest government securities: treasury bills yields, rate, percent per annum recorded in Zambia?
The highest recorded value was 124.03 in 1993.
What is the lowest government securities: treasury bills yields, rate, percent per annum recorded in Zambia?
The lowest recorded value was 4.38 in 1978.
How does Zambia rank for government securities: treasury bills yields, rate, percent per annum?
Zambia ranks 2nd out of 89 countries with data for 2020.
Is government securities: treasury bills yields, rate, percent per annum rising or falling in Zambia?
Over the last ten years it is up 231.4%. 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 Government securities: Treasury bills yields, Rate, Percent per annum. Statizoid updates them automatically from the source API.

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Government securities: Treasury bills yields, Rate, Percent per annum in Zambia. Statizoid, drawing on International Monetary Fund. Retrieved 02 September 2026, from https://financial-sector.statizoid.com/stat/government-securities-treasury-bills-yields-rate-percent-per-annum/zambia/

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About this data

Indicator
Government securities: Treasury bills yields, Rate, Percent per annum
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 2,932 data points, 1950–2025
Last refreshed

The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.