The economy of Zambia advanced by 2.1% year-on-year in the fourth quarter of 2021, following a 3.5% expansion in the previous period. The GDP expanded by an estimated 3.6% in 2021 after a coronavirus-induced contraction of 3.1% in 2020, the worst in 26 years. source: Central Statistical Office, Zambia
GDP Annual Growth Rate in Zambia averaged 3.36 percent from 1961 until 2021, reaching an all time high of 16.70 percent in the fourth quarter of 1965 and a record low of -8.60 percent in the fourth quarter of 1994. This page provides - Zambia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia GDP Annual Growth Rate - values, historical data and charts - was last updated on July of 2022.
GDP Annual Growth Rate in Zambia is expected to be 3.00 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 3.60 percent in 2023 and 3.90 percent in 2024, according to our econometric models.