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Zambia

Region: Southern Africa
Currency: Zambian Kwacha (ZMK)
Population: 16.7 million
Capital: Lusaka
Ministry website: www.mofnp.gov.zm
Fiscal year: January-December
Regional Economic Community: COMESA, SADC
Key Budget Indicators Over Time
2014 2015 2016 2017 2018
GDP (constant 2010 ZMK[billions]) 121.46 125 129.7 134.27 139.69
GDP (current ZMK[billions]) 167.05 183.38 216.1 246.25 282.42
GDP growth (%) 4.7 2.92 3.76 3.52 4.04
GDP per capita (constant 2010 ZMK) 7,725.78 7,710.56 7,758.57 7,789.22 7,859.57
GDP per capita (current ZMK) 10,626.07 11,311.44 12,926.84 14,285.4 15,890.59
Inflation (CPI) (%) 7.81 10.11 17.87 6.58 6.99
General government revenue (% of GDP) 18.9 18.77 18.24 17.48 18.93
General government expenditure (% of GDP) 24.69 28.31 24.34 25.06 27.35
Budget balance (% of GDP) -5.8 -9.54 -6.1 -7.59 -8.43
Primary balance (% of GDP) -3.58 -6.69 -2.65 -3.6 -3.83
General government debt (% of GDP) 36.14 65.56 60.57 65.52 77.24
Population (millions) 15.72 16.21 16.72 17.24 17.77

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