The Gross Domestic Product (GDP) in Zambia expanded 4.10 percent in 2017 from the previous year. GDP Annual Growth Rate in Zambia averaged 2.97 percent from 1961 until 2017, reaching an all time high of 16.65 percent in 1965 and a record low of -8.63 percent in 1994.

GDP Annual Growth Rate in Zambia is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia GDP Annual Growth Rate is projected to trend around 4.20 percent in 2020, according to our econometric models.

Zambia GDP Annual Growth Rate
Forecast Data Chart
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Zambia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.10 3.40 16.65 -8.63 percent [+]
GDP 25.81 20.95 28.05 0.69 USD Billion [+]
GDP Constant Prices 245686.00 216098.00 245686.00 2448.00 ZMW THO [+]
GDP per capita 1646.14 1629.60 1722.10 903.90 USD [+]
GDP per capita PPP 3689.25 3652.20 3689.25 2025.80 USD [+]

Zambia GDP Annual Growth Rate

Zambia is one of the poorest countries in the world with 60 percent of population living below poverty line. In recent years, Zambia’s economy has been growing rapidly due to expansion of copper mining industry and agriculture diversification. However, widespread poverty, mainly caused by fast population growth and systemic youth unemployment, remains Zambia’s main economic challenge. This page provides - Zambia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.10 3.40 16.65 -8.63 1961 - 2017 percent Yearly

Country Last Previous
India 6.60 Dec/18
China 6.40 Dec/18
Indonesia 5.18 Dec/18
South Korea 3.10 Dec/18
United States 3.10 Dec/18
Saudi Arabia 2.50 Sep/18
Spain 2.40 Dec/18
Australia 2.30 Dec/18
Netherlands 2.00 Dec/18
Singapore 1.90 Dec/18
Mexico 1.70 Dec/18
Canada 1.60 Dec/18
Russia 1.50 Sep/18
Switzerland 1.40 Dec/18
United Kingdom 1.30 Dec/18
Brazil 1.10 Dec/18
Euro Area 1.10 Dec/18
South Africa 1.10 Dec/18
France 0.90 Dec/18
Germany 0.60 Dec/18
Japan 0.30 Dec/18
Italy 0.00 Dec/18
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18