Zambia GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Zambia expanded 3.70 percent in 2018 from the previous year. GDP Annual Growth Rate in Zambia averaged 2.98 percent from 1961 until 2018, 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 2.00 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 3.30 percent in 2020, according to our econometric models.

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Zambia GDP	Last	Previous	Highest	Lowest	Unit
GDP Annual Growth Rate	3.70	3.40	16.65	-8.63	percent	[+]
GDP	26.72	25.87	28.05	0.69	USD Billion	[+]
GDP Constant Prices	279441.00	246252.00	279441.00	2448.00	ZMW THO	[+]
GDP per capita	1672.30	1658.80	1718.70	906.60	USD	[+]
GDP per capita PPP	3747.97	3717.67	3747.97	2031.78	USD	[+]
Gdp From Agriculture	2586.80	1793.80	3477.80	1395.96	ZMK Million	[+]
Gdp From Construction	3334.90	3785.40	4073.00	2076.55	ZMK Million	[+]
Gdp From Manufacturing	2645.90	2801.10	3101.80	1690.01	ZMK Million	[+]
Gdp From Mining	3686.20	3832.80	3839.30	2657.60	ZMK Million	[+]
Gdp From Public Administration	1915.20	1867.90	1915.20	780.58	ZMK Million	[+]
Gdp From Services	6867.70	8309.60	8309.60	3552.60	ZMK Million	[+]
Gdp From Transport	1206.70	1313.50	1747.12	940.70	ZMK Million	[+]

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 September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	3.70	3.40	16.65	-8.63	1961 - 2018	percent	Yearly

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Country	Last		Previous	Range
China	6.20	Jun/19	6.4	15.4 : 3.8	%
Indonesia	5.05	Jun/19	5.07	7.16 : 1.56	%
India	5.00	Jun/19	5.8	11.4 : -5.2	%
United States	2.30	Jun/19	2.7	13.4 : -3.9	%
Spain	2.10	Jun/19	2.1	5.4 : -4.3	%
Netherlands	2.00	Jun/19	1.7	6.1 : -4.6	%
South Korea	2.00	Jun/19	1.7	20.8 : -7.3	%
Saudi Arabia	1.70	Mar/19	3.6	24.2 : -20.7	%
Canada	1.60	Jun/19	1.4	9.3 : -4.1	%
Australia	1.40	Jun/19	1.7	9 : -3.4	%
France	1.40	Jun/19	1.3	12.6 : -3.8	%
Euro Area	1.20	Jun/19	1.3	5 : -5.5	%
United Kingdom	1.20	Jun/19	1.8	9.7 : -6.1	%
Brazil	1.00	Jun/19	0.5	10.1 : -5.5	%
Japan	1.00	Jun/19	1	9.4 : -8.8	%
Russia	0.90	Jun/19	0.5	12.1 : -11.2	%
South Africa	0.90	Jun/19	0	7.1 : -2.6	%
Argentina	0.60	Jun/19	-5.8	16.2 : -16.3	%
Germany	0.40	Jun/19	0.9	7.2 : -6.9	%
Switzerland	0.20	Jun/19	1	5.8 : -3.7	%
Singapore	0.10	Jun/19	1.1	18.6 : -7.7	%
Italy	-0.10	Jun/19	-0.1	10.3 : -7.2	%
Mexico	-0.80	Jun/19	1.2	9 : -9.1	%
Turkey	-1.50	Jun/19	-2.4	11.7 : -14.4	%