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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, SADC
Key Budget Indicators Over Time
2013 2014 2015 2016 2017
GDP (constant 2010 ZMK[billions]) 116.01 121.46 125 129.7 134.11
GDP (current ZMK[billions]) 151.33 167.05 183.38 216.1 246.25
GDP growth (%) 5.06 4.7 2.92 3.76 3.4
GDP per capita (constant 2010 ZMK) 7,609.03 7,725.78 7,710.56 7,758.57 7,779.6
GDP per capita (current ZMK) 9,925.93 10,626.07 11,311.44 12,926.84 14,285.41
Inflation (CPI) (%) 6.98 7.81 10.11 17.87 6.58
General government revenue (% of GDP) 17.63 18.9 18.77 18.24 17.48
General government expenditure (% of GDP) 23.78 24.6 28.11 24.04 25.19
Budget balance (% of GDP) -6.15 -5.71 -9.34 -5.8 -7.71
Primary balance (% of GDP) -4.68 -3.48 -6.49 -2.35 -3.72
General government debt (% of GDP) 27.09 36.14 62.26 60.67 62.71

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