Zambia recorded a Current Account surplus of 12.20 percent of the country's Gross Domestic Product in 2020. source: Bank of Zambia

Current Account to GDP in Zambia averaged -6.24 percent of GDP from 1978 until 2020, reaching an all time high of 12.20 percent of GDP in 2020 and a record low of -20.90 percent of GDP in 1986. This page provides - Zambia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia Current Account to GDP - values, historical data and charts - was last updated on October of 2021.

Current Account to GDP in Zambia is expected to reach 7.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia Current Account to GDP is projected to trend around 4.00 percent of GDP in 2022 and 2.60 percent of GDP in 2023, according to our econometric models.

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Zambia Current Account to GDP


Zambia Last Unit Reference Previous Highest Lowest
Current Account 922.32 USD Million Mar/21 814.13 922.32 -564.00
Current Account to GDP 12.20 percent of GDP Dec/20 0.60 12.20 -20.90
Capital Flows 993.90 USD Million Mar/21 764.38 2111.20 -902.70
Foreign Direct Investment 166.50 USD Million Mar/21 -26.20 1335.70 -281.90
External Debt 16445.00 USD Million Dec/20 15049.10 16445.00 909.60


Zambia Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.