Private credit by deposit money banks to GDP in Zambia
Zambia: Private credit by deposit money banks to GDP was 8.9% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Zambia, 2009–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Zambia recorded 8.9% for private credit by deposit money banks to gdp in 2021. That is the lowest value across all 13 years on record.
The figure is down 23.0% on the previous year and down 11.6% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Zambia peaked at 15.7% in 2015 and was at its lowest, 8.9%, in 2021.
Zambia ranks 175th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Private credit by deposit money banks to GDP in Zambia, year by year
| Year | % | Change |
|---|---|---|
| 2009 | 10.0% | — |
| 2010 | 9.1% | -8.1% |
| 2011 | 10.0% | +9.4% |
| 2012 | 11.9% | +19.2% |
| 2013 | 11.6% | -2.4% |
| 2014 | 13.3% | +14.5% |
| 2015 | 15.7% | +17.6% |
| 2016 | 12.1% | -23.1% |
| 2017 | 11.1% | -7.6% |
| 2018 | 11.6% | +4.4% |
| 2019 | 12.5% | +7.4% |
| 2020 | 11.5% | -8.0% |
| 2021 | 8.9% | -23.0% |
Zambia compared with similar countries
- Zambia's 8.9% is below the median for lower middle income countries, which is 22.2%, 40% of the median. (46 countries reporting)
- Zambia's 8.9% is below the median for Sub-Saharan Africa, which is 15.4%, 58% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.0% | 10.0% | 10.0% | 1 |
| 2010s | 11.9% | 9.1% | 15.7% | 10 |
| 2020s | 10.2% | 8.9% | 11.5% | 2 |
Countries ranked near Zambia
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 private credit by deposit money banks to gdp in Zambia?
- Private credit by deposit money banks to gdp in Zambia was 8.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Zambia?
- The highest recorded value was 15.7% in 2015.
- What is the lowest private credit by deposit money banks to gdp recorded in Zambia?
- The lowest recorded value was 8.9% in 2021.
- How does Zambia rank for private credit by deposit money banks to gdp?
- Zambia ranks 175th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Zambia?
- Over the last ten years it is down 11.6%. The long-run trend across the full record is rising.
- Where does this Zambia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).