Risk premium on lending in Zambia
Zambia: Risk premium on lending was -11.3% in 2020. ◆ Volatile
Risk premium on lending in Zambia, 1978–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus treasury bill rate, %.
Analysis
Zambia recorded -11.3% for risk premium on lending in 2020. That is the lowest value across all 43 years on record.
The figure is down 4.5% on the previous year and down 177.3% over ten years.
Over the whole period, risk premium on lending in Zambia peaked at 18.1% in 2004 and was at its lowest, -11.3%, in 2020.
That places Zambia 86th out of 86 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Risk premium on lending in Zambia, year by year
| Year | lending rate minus treasury bill rate, % | Change |
|---|---|---|
| 1978 | 3.9% | — |
| 1979 | 4.6% | +20.0% |
| 1980 | 5.0% | +7.7% |
| 1981 | 3.8% | -25.0% |
| 1982 | 3.5% | -6.7% |
| 1983 | 5.5% | +57.1% |
| 1984 | 6.9% | +25.0% |
| 1985 | 5.4% | -21.5% |
| 1986 | 3.1% | -41.7% |
| 1987 | 4.7% | +49.3% |
| 1988 | 3.2% | -31.4% |
| 1989 | -0.1% | -103.4% |
| 1990 | 9.2% | -8452.3% |
| 1991 | 6.0% | -34.7% |
| 1992 | 7.6% | +26.1% |
| 1993 | -10.7% | -241.6% |
| 1994 | -3.7% | -65.9% |
| 1995 | 5.7% | -256.7% |
| 1996 | 1.0% | -82.4% |
| 1997 | 17.2% | +1606.6% |
| 1998 | 6.9% | -60.1% |
| 1999 | 4.3% | -37.0% |
| 2000 | 7.4% | +72.0% |
| 2001 | 2.0% | -73.7% |
| 2002 | 10.7% | +445.6% |
| 2003 | 10.6% | -0.6% |
| 2004 | 18.1% | +71.0% |
| 2005 | 11.9% | -34.4% |
| 2006 | 12.8% | +7.5% |
| 2007 | 6.9% | -45.7% |
| 2008 | 5.6% | -19.3% |
| 2009 | 6.7% | +19.1% |
| 2010 | 14.6% | +119.5% |
| 2011 | 9.3% | -36.6% |
| 2012 | 2.0% | -78.2% |
| 2013 | -1.9% | -195.1% |
| 2014 | -3.8% | +96.5% |
| 2015 | -5.8% | +52.4% |
| 2016 | -8.8% | +52.3% |
| 2017 | -2.1% | -76.0% |
| 2018 | -5.1% | +140.3% |
| 2019 | -10.8% | +113.7% |
| 2020 | -11.3% | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.3% | 3.9% | 4.6% | 2 |
| 1980s | 4.1% | -0.1% | 6.9% | 10 |
| 1990s | 4.4% | -10.7% | 17.2% | 10 |
| 2000s | 9.3% | 2.0% | 18.1% | 10 |
| 2010s | -1.2% | -10.8% | 14.6% | 10 |
| 2020s | -11.3% | -11.3% | -11.3% | 1 |
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 risk premium on lending in Zambia?
- Risk premium on lending in Zambia was -11.3% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest risk premium on lending recorded in Zambia?
- The highest recorded value was 18.1% in 2004.
- What is the lowest risk premium on lending recorded in Zambia?
- The lowest recorded value was -11.3% in 2020.
- How does Zambia rank for risk premium on lending?
- Zambia ranks 86th out of 86 countries with data for 2020.
- Is risk premium on lending rising or falling in Zambia?
- Over the last ten years it is down 177.3%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid updates them automatically from the source API.
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About this data
Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.