Services balance (credit less debit), Net (credits less debits) (US) in Zambia
Zambia: Services balance (credit less debit), Net (credits less debits) (US) was -556.47 million in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Zambia, 2005–2024
Source: International Monetary Fund.
Analysis
Zambia recorded -556.47 million for services balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is up 30.4% on the previous year and up 29.9% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Zambia peaked at 137.22 million in 2005 and was at its lowest, -1.06 billion, in 2013.
That places Zambia 128th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) (US) in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 137.22 million | — |
| 2006 | 48.24 million | -64.8% |
| 2007 | -163.47 million | -438.8% |
| 2008 | -216.19 million | +32.2% |
| 2009 | -143.22 million | -33.8% |
| 2010 | -317.26 million | +121.5% |
| 2011 | -427.62 million | +34.8% |
| 2012 | -343.85 million | -19.6% |
| 2013 | -1.06 billion | +207.8% |
| 2014 | -793.52 million | -25.0% |
| 2015 | -570.89 million | -28.1% |
| 2016 | -508.19 million | -11.0% |
| 2017 | -609.31 million | +19.9% |
| 2018 | -724.32 million | +18.9% |
| 2019 | -522.18 million | -27.9% |
| 2020 | -523.73 million | +0.3% |
| 2021 | -779.39 million | +48.8% |
| 2022 | -946.06 million | +21.4% |
| 2023 | -799.20 million | -15.5% |
| 2024 | -556.47 million | -30.4% |
Zambia compared with similar countries
- Zambia's -556.47 million is below the median for lower middle income countries, which is -329.10 million, 1.7× the median. (46 countries reporting)
- Zambia's -556.47 million is below the median for Sub-Saharan Africa, which is -399.59 million, 1.4× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | -438.8% | 48.24 million | -163.47 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -67.48 million | -216.19 million | 137.22 million | 5 |
| 2010s | -587.53 million | -1.06 billion | -317.26 million | 10 |
| 2020s | -720.97 million | -946.06 million | -523.73 million | 5 |
Countries ranked near Zambia
- 125 Afghanistan -405.64 million compare
- 126 Haiti -420.94 million compare
- 127 Cameroon -545.09 million compare
- 129 New Zealand -564.78 million compare
- 130 New Caledonia -569.13 million compare
- 131 Suriname -709.11 million compare
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 services balance (credit less debit), net (credits less debits) in Zambia?
- Services balance (credit less debit), net (credits less debits) in Zambia was -556.47 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Zambia?
- The highest recorded value was 137.22 million in 2005.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Zambia?
- The lowest recorded value was -1.06 billion in 2013.
- How does Zambia rank for services balance (credit less debit), net (credits less debits)?
- Zambia ranks 128th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Zambia?
- Over the last ten years it is up 29.9%. 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 Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.