Budgets in AfricaCountry profiles

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

Key economic indicators
2012 2013 2014 2015 2016
GDP (constant 2010 ZMK[billions]) 110.42 116.01 121.45 125 128.71
GDP (current ZMK[billions]) 131.27 151.33 167.05 183.38 219.9
GDP growth (%) 7.6 5.06 4.69 2.92 2.97
GDP per capita (constant 2010 ZMK) 7,467.55 7,609.17 7,725.47 7,710.56 7,699.47
GDP per capita (current ZMK) 8,877.63 9,925.92 10,626.07 11,311.44 13,154.5
Inflation (CPI) (%) 6.58 6.98 7.81 10.11 17.9
General government revenue (% of GDP) 18.69 17.63 18.9 18.77 17.91
General government expenditure (% of GDP) 21.53 23.84 24.69 28.3 24.02
Budget balance (% of GDP) -2.83 -6.21 -5.8 -9.53 -6.12
Primary balance (% of GDP) -1.51 -4.73 -3.58 -6.68 -2.67
General government debt (% of GDP) 24.91 25.92 33.33 57.48 53.11