Services balance (credit less debit), Net (credits less debits) in Zambia
Zambia: Services balance (credit less debit), Net (credits less debits) 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) 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% |
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
- Net domestic credit (current LCU), per capita 7,869 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 5.97 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.4 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2020)
- Gold reserves at market value 0 SDR (2020)
- Reserves excluding gold, foreign exchange 1.08 billion SDR (2024)
- Reserves excluding gold 3.14 billion SDR (2024)
- Total reserves (gold at market value) 3.14 billion SDR (2024)
- Total reserves (gold at national valuation) 3.14 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 147.13 SDR per person (2024)
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.