Number of Borrowers, Commercial Banks, of Which: Household Sector in Zambia

Zambia: Number of Borrowers, Commercial Banks, of Which: Household Sector was 406,410 in 2025. ◆ Volatile

Latest (2025)
406,410
Change on year
down 23.3%
World rank
59th
of 89 countries
All-time high
698,116
in 2023
All-time low
90,469
in 2012
Years of data
14
2012–2025

Number of Borrowers, Commercial Banks, of Which: Household Sector in Zambia, 2012–2025

0200.0k400.0k600.0k2012201820252012: 90.5k2013: 261.9k2014: 269.2k2015: 242.2k2016: 188.1k2017: 180.0k2018: 161.1k2019: 189.3k2020: 189.9k2021: 292.0k2022: 510.1k2023: 698.1k2024: 530.0k2025: 406.4k

Source: International Monetary Fund.

Analysis

The most recent figure for number of borrowers, commercial banks, of which: household sector in Zambia is 406,410, measured in 2025.

The figure is down 23.3% on the previous year and up 67.8% over ten years.

Over the whole period, number of borrowers, commercial banks, of which: household sector in Zambia peaked at 698,116 in 2023 and was at its lowest, 90,469, in 2012.

That places Zambia 59th out of 89 countries with data for 2025, putting it in the middle of the range.

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

Number of Borrowers, Commercial Banks, of Which: Household Sector in Zambia, year by year

Annual values for Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers in Zambia, 2012 to 2025.
Year Value Change
2012 90,469
2013 261,889 +189.5%
2014 269,243 +2.8%
2015 242,214 -10.0%
2016 188,149 -22.3%
2017 179,954 -4.4%
2018 161,053 -10.5%
2019 189,267 +17.5%
2020 189,918 +0.3%
2021 291,952 +53.7%
2022 510,133 +74.7%
2023 698,116 +36.8%
2024 530,037 -24.1%
2025 406,410 -23.3%

Zambia compared with similar countries

  • Zambia's 406,410 is below the median for lower middle income countries, which is 512,447, 79% of the median. (21 countries reporting)
  • Zambia's 406,410 is above the median for Sub-Saharan Africa, which is 198,132, 2.1× the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 197,780 90,469 269,243 8
2020s 437,761 189,918 698,116 6

Countries ranked near Zambia

  1. 56 Cameroon 512,447 compare
  2. 57 Myanmar 487,437 compare
  3. 58 Latvia 465,239 compare
  4. 60 Moldova 388,690 compare
  5. 61 Cyprus 373,344 compare
  6. 62 Albania 348,053 compare

See the full ranking of 89 places →

More financial sector data for Zambia

All data for Zambia →

Frequently asked questions

What is number of borrowers, commercial banks, of which: household sector in Zambia?
Number of borrowers, commercial banks, of which: household sector in Zambia was 406,410 in 2025, according to International Monetary Fund.
What is the highest number of borrowers, commercial banks, of which: household sector recorded in Zambia?
The highest recorded value was 698,116 in 2023.
What is the lowest number of borrowers, commercial banks, of which: household sector recorded in Zambia?
The lowest recorded value was 90,469 in 2012.
How does Zambia rank for number of borrowers, commercial banks, of which: household sector?
Zambia ranks 59th out of 89 countries with data for 2025.
Is number of borrowers, commercial banks, of which: household sector rising or falling in Zambia?
Over the last ten years it is up 67.8%. 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 Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.

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Number of Borrowers, Commercial Banks, of Which: Household Sector in Zambia. Statizoid, drawing on International Monetary Fund. Retrieved 19 September 2026, from https://financial-sector.statizoid.com/stat/number-of-borrowers-commercial-banks-of-which-household-sector-borrowers/zambia/

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About this data

Indicator
Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
89 places, 1,272 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.