Zambia GDP Data & Country Report

Zambia Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Zambia; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

Bank of Zambia

International Reserves

US$ 2.094 billion (Source: World Bank; Data updated: November 2010)

Gross Domestic Product - GDP

US$ 19.087 billion (2010 estimate)

GDP (Purchasing Power Parity)

21.638 billion of International dollars (2010 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
3.6%	4.9%	3.3%	5.1%	5.4%	5.3%	6.2%	6.2%
2008	2009	2010	2011*
5.7%	6.4%	7.6%	6.8%

*Estimate

GDP per capita - current prices

US$ 1,405 (2010 estimate)

GDP per capita - PPP

$1,593 International Dollars (2010 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0.04%	0.03%	0.02%	0.03%	0.03%

**Forecast

GDP - composition by sector

agriculture: 21.5%
industry: 35.2%
services: 43.4% (2011 estimate)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
12.4%(2008)	13.4%	8.5%	9%

*Estimate

Unemployment rate

2008	2009	2010	2011*
N/A	N/A	N/A(2009)	N/A

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
25.8%	26.8%	28.6%	26.9%	26.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
-1.3%	-1.5%	-3.2%	-2.7%	-3.1%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
US$2.346 billion	N/A	N/A

Largest companies in Zambia

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ 1.1 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

5.9% of GDP (2010 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

29.8% (2009)

(Data released on December 2010)

Shares in world total merchandising export

0.05%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0.01%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

US$6.463 billion f.o.b. (2010 estimate)

Export commodities

copper/cobalt 64%, cobalt, electricity; tobacco, flowers, cotton

Total imports

US$4.423 billion f.o.b. (2008 estimate)

Import commodities

machinery, transportation equipment, petroleum products, electricity, fertilizer; foodstuffs, clothing

Exports - major partners

Switzerland 41.8%, South Africa 12%, Thailand 5.9%, Democratic Republic of the Congo 5.3%, Egypt 5%, Saudi Arabia 4.7%, China 4.1% (2007)

Imports - major partners

South Africa 47.4%, UAE 6.3%, China 6%, India 4.1%, UK 4% (2007)

FDI inflows

2008	2009	2010
US$939 million	US$695 million(2009)	US$1,041 million(2009)

FDI outflows

2008	2009	2010
N/A	US$270 million	US$289 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	US$16 million(2009)	US$2 million(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 76 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 57 out of 183 countries(2009)

Registering property: 83 out of 183 countries

Paying Taxes: 37 out of 183 countries

Getting credit: 6 out of 183 countries

Protecting investors: 74 out of 183 countries

Trading across border: 150 out of 183 countries

Enforcing Contracts: 86 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

113

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 91 Score: 59.7 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC+2

Total area

752,618 km² (2006)

Capital

Lusaka (2009)

Currency

Zambian kwacha (ZMK) (2009)

Government type

republic (2009)

Languages

English (official), major vernaculars - Bemba, Kaonda, Lozi, Lunda, Luvale, Nyanja, Tonga, and about 70 other indigenous languages

Religions

Christian 50%-75%, Muslim and Hindu 24%-49%, indigenous beliefs 1%

Total population

1980	1990	2000	2010*	2015**
5.62 million	7.63 million	10.09 million	12.2 million	13.57 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
18.1%	39.8%	34.8%	35.6%

Population median age

17.0 years (2006)

Population growth rate

2.5% (2009)

Life expectancy

42 years (2007)

Adult literacy

68% (2000/2007)

% of population living on less than $2 a day

81.50% (2011)

Inequality of wealth distribution (Gini index)

50.7 (2004)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:4 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

38.48% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

6.74% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Lusaka: 111th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

0.1497 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

2011:

COUNTRY WINNERS / Best Consumer Internet Banks Standard Chartered (National, 2011)
COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2011)

2010:

COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2010)

2009:

COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (2009)

WORLD'S BEST EMERGING MARKET BANKS

2012:

COUNTRY WINNERS Standard Chartered Bank Zambia (National, 2012)

2011:

COUNTRY WINNERS Standard Chartered Bank Zambia (National, 2011)

2010:

COUNTRY WINNERS Standard Chartered Bank Zambia (National, 2010)

2009:

COUNTRY WINNERS Standard Chartered Bank Zambia (National, 2009)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2012:

COUNTRY WINNERS Standard Chartered (National, 2012)

2011:

COUNTRY WINNERS Standard Chartered (National, 2011)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Zambia GDP Data & Country Report | Global Finance

WORLD'S BEST INTERNET BANKS

2011:

2010:

2009:

WORLD'S BEST EMERGING MARKET BANKS

2012:

2011:

2010:

2009:

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2012:

2011: