Skip to content
Trading Basics

Zambia

Capital
Lusaka
Region
Sub-Saharan Africa
Income group
Lower middle income
Population
21.9 million (2025)

At a glance

  • Prices in Zambia rose 13.9% in 2025, faster than in most countries.
  • Zambia's economy grew 3.8% in 2025, close to the middle of the range worldwide.
  • Output per person in Zambia was US$1,318 in 2025, lower than in most countries.
  • 5.9% of Zambia's labour force had no job in 2025, close to the middle of the range worldwide.
  • Zambia had 21.9 million people in 2025: about 0.3% of everyone on Earth, the 61st largest population of 217 countries and territories.
  • Zambia had a current account deficit of 5.5% of GDP in 2025, lower than in most countries.

Consumer prices, change over the year (yearly average)

13.9%
World median 3.0%

Since 2000

Show the numbers
Inflation in Zambia and the world median, last ten years
YearZambiaWorld median
202513.9%3.0%
202415.0%3.0%
202310.9%5.7%
202211.0%8.0%
202122.0%3.5%
202015.7%1.9%
20199.2%2.2%
20187.5%2.5%
20176.6%2.3%
201617.9%1.6%

Real GDP, change over the year

3.8%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Zambia and the world median, last ten years
YearZambiaWorld median
20253.8%3.4%
20243.8%3.4%
20235.4%3.2%
20225.2%4.3%
20216.2%5.1%
2020−2.8%−3.8%
20191.4%2.8%
20184.0%3.2%
20173.5%3.3%
20163.8%3.1%

GDP divided by population, in US dollars at current prices

US$1,318
World median US$7,882

Since 2000

Show the numbers
GDP per person in Zambia and the world median, last ten years
YearZambiaWorld median
2025US$1,318US$7,882
2024US$1,187US$7,853
2023US$1,331US$7,862
2022US$1,447US$7,656
2021US$1,127US$7,269
2020US$952US$6,433
2019US$1,259US$7,037
2018US$1,464US$6,978
2017US$1,483US$6,548
2016US$1,239US$5,982

Share of the labour force without a job (ILO modelled estimate)

5.9%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Zambia and the world median, last ten years
YearZambiaWorld median
20255.9%5.1%
20245.9%5.1%
20235.9%5.2%
20226.0%5.3%
20215.2%6.0%
20206.0%6.4%
20195.5%5.4%
20185.0%5.4%
20174.5%5.6%
20165.2%5.9%

Everyone living in the country, mid-year

21.9 million

Since 2000

Show the numbers
Population in Zambia and the world median, last ten years
YearZambia
202521.9 million
202421.3 million
202320.7 million
202220.2 million
202119.6 million
202019.1 million
201918.5 million
201818.0 million
201717.4 million
201616.9 million

Current account balance, % of GDP

−5.5%
World median −0.8%

Since 2000

Show the numbers
Current account balance in Zambia and the world median, last ten years
YearZambiaWorld median
2025−5.5%−0.8%
2024−4.4%−1.3%
2023−3.0%−1.2%
20223.8%−3.0%
202111.9%−2.4%
202011.8%−1.7%
20190.6%−2.1%
2018−1.3%−2.9%
2017−1.7%−2.1%
2016−4.6%−2.8%

No recent World Bank figure for Zambia: government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Zambia since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.