Pension fund assets to GDP (%) in Zambia

Zambia: Pension fund assets to GDP (%) was 2.8% in 2020. ▼ Falling

Latest (2020)
2.8%
Change on year
up 1.1%
World rank
74th
of 87 countries
All-time high
5.1%
in 2003
All-time low
2.7%
in 2011
Years of data
17
2001–2020

Pension fund assets to GDP in Zambia, 2001–2020

02462001201020202001: 3.7 %2002: 3.6 %2003: 5.1 %2004: 3.6 %2005: 3.2 %2009: 2.8 %2010: 2.8 %2011: 2.7 %2012: 2.7 %2013: 3 %2014: 3.3 %2015: 3.4 %2016: 2.9 %2017: 3 %2018: 2.9 %2019: 2.8 %2020: 2.8 %

Source: Nonbanking financial database, World Bank. Measured in %.

Analysis

In 2020, pension fund assets to gdp in Zambia stood at 2.8%.

That represents a change of up 1.1% on the previous year and up 2.0% over ten years.

Over the whole period, pension fund assets to gdp in Zambia peaked at 5.1% in 2003 and was at its lowest, 2.7%, in 2011.

Zambia ranks 74th of 87 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Pension fund assets to GDP (%) in Zambia, year by year

Annual values for Pension fund assets to GDP (%) in Zambia, 2001 to 2020.
Year % Change
2001 3.7% —
2002 3.6% -3.2%
2003 5.1% +42.7%
2004 3.6% -29.7%
2005 3.2% -8.9%
2009 2.8% -15.1%
2010 2.8% +0.4%
2011 2.7% -3.8%
2012 2.7% +1.6%
2013 3.0% +10.5%
2014 3.3% +9.6%
2015 3.4% +2.6%
2016 2.9% -13.5%
2017 3.0% +4.0%
2018 2.9% -3.9%
2019 2.8% -4.0%
2020 2.8% +1.1%

Zambia compared with similar countries

  • Zambia's 2.8% is below the median for lower middle income countries, which is 8.0%, 35% of the median. (13 countries reporting)
  • Zambia's 2.8% is below the median for Sub-Saharan Africa, which is 8.7%, 33% of the median. (12 countries reporting)

Biggest year-on-year movements

Years where Pension fund assets to GDP (%) 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.

YearChange FromTo
2003 +42.7% 3.6% 5.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.6% 2.8% 5.1% 6
2010s 2.9% 2.7% 3.4% 10
2020s 2.8% 2.8% 2.8% 1

Countries ranked near Zambia

  1. 71 Hungary 4.0% compare
  2. 72 Türkiye 3.4% compare
  3. 73 Luxembourg 2.8% compare
  4. 75 Philippines 2.8% compare
  5. 76 China 2.2% compare
  6. 77 Indonesia 2.0% compare

See the full ranking of 87 places →

More financial sector data for Zambia

All data for Zambia →

Frequently asked questions

What is pension fund assets to gdp in Zambia?
Pension fund assets to gdp in Zambia was 2.8% in 2020, according to Nonbanking financial database, World Bank.
What is the highest pension fund assets to gdp recorded in Zambia?
The highest recorded value was 5.1% in 2003.
What is the lowest pension fund assets to gdp recorded in Zambia?
The lowest recorded value was 2.7% in 2011.
How does Zambia rank for pension fund assets to gdp?
Zambia ranks 74th out of 87 countries with data for 2020.
Is pension fund assets to gdp rising or falling in Zambia?
Over the last ten years it is up 2.0%. The long-run trend across the full record is falling.
Where does this Zambia data come from?
The figures come from Nonbanking financial database, World Bank, published as part of Pension fund assets to GDP (%). Statizoid updates them automatically from the source API.

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Pension fund assets to GDP in Zambia. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 10 November 2026, from https://financial-sector.statizoid.com/stat/pension-fund-assets-to-gdp-percent/zambia/

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About this data

Indicator
Pension fund assets to GDP (%)
Unit
%
Source
Nonbanking financial database, World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
87 places, 1,492 data points, 1990–2020
Last refreshed

Ratio of assets of pension funds to GDP. A pension fund is any plan, fund, or scheme that provides retirement income. Data taken from a variety of sources such as OECD, AIOS, FIAP and national sources.