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Country Report Zambia May 2011
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HTMLData and charts: Annual data and forecast
| 2006a | 2007a | 2008a | 2009b | 2010b | 2011c | 2012c | |
| GDP | |||||||
| Nominal GDP (US$ m) | 10,702 | 11,541 | 14,705 | 13,558 | 16,879 | 19,364 | 20,251 |
| Nominal GDP (ZK bn) | 38,561 | 46,195 | 55,079 | 68,413 | 80,973 | 95,507 | 104,920 |
| Real GDP growth (%) | 6.2 | 6.2 | 5.7 | 6.3 | 7.6 | 7.0 | 7.2 |
| Expenditure on GDP (% real change) | |||||||
| Private consumption | -1.2 | 2.1 | 4.0 | 5.5 | 6.0 | 5.8 | 5.6 |
| Government consumption | 25.5 | 27.2 | 10.3 | 8.0 | 11.0 | 11.5 | 10.4 |
| Gross fixed investment | 11.0 | 9.0 | 8.0 | 2.0 | 12.0 | 11.0 | 14.0 |
| Exports of goods & services | 21.0 | 21.2 | 17.6 | 13.6 | 19.3 | 12.8 | 13.8 |
| Imports of goods & services | 14.3 | 16.2 | 13.9 | 10.6 | 16.4 | 11.8 | 12.8 |
| Origin of GDP (% real change) | |||||||
| Agriculture | 2.2 | 2.2 | 4.6 | 6.0 | 9.0 | 7.0 | 5.0 |
| Industry | 9.1 | 10.2 | 6.2 | 5.4 | 11.2 | 10.4 | 11.7 |
| Services | 6.7 | 11.0 | 5.7 | 2.0 | 5.1 | 5.0 | 5.0 |
| Population and income | |||||||
| Population (m) | 12.0 | 12.3 | 12.6 | 12.9 | 13.2 | 13.5 | 13.8 |
| GDP per head (US$ at PPP) | 1,211 | 1,292 | 1,361 | 1,424 | 1,517 | 1,613 | 1,737 |
| Fiscal indicators (% of GDP) | |||||||
| Public-sector revenue | 21.6 | 23.0 | 22.3 | 18.4 | 19.1 | 18.3 | 19.4 |
| Public-sector expenditure | 23.2 | 24.3 | 23.8 | 21.8 | 22.3 | 22.1 | 23.6 |
| Public-sector balance | -1.7 | -1.3 | -1.5 | -3.4 | -3.2 | -3.8 | -4.3 |
| Net public debt | 31.0 | 28.5 | 28.4b | 25.8 | 26.9 | 27.8 | 29.2 |
| Prices and financial indicators | |||||||
| Exchange rate ZK:US$ (end-period) | 4,407 | 3,845 | 4,832 | 4,641a | 4,796a | 5,143 | 5,259 |
| Exchange rate ZK:€ (end-period) | 5,815 | 5,615 | 6,717 | 6,651a | 6,513a | 6,789 | 6,679 |
| Consumer prices (end-period; %) | 8.2 | 8.9 | 16.6 | 9.9a | 7.9a | 6.5 | 6.6 |
| Stock of money M1 (% change) | 54.1 | 14.5 | 30.2 | -0.4a | 40.6a | 23.0 | 24.0 |
| Stock of money M2 (% change) | 44.3 | 25.2 | 23.2 | 7.6a | 30.6a | 75.2 | 24.9 |
| Lending interest rate (av; %) | 23.2 | 18.9 | 19.1 | 22.1a | 20.9a | 19.4 | 18.5 |
| Current account (US$ m) | |||||||
| Trade balance | 1,293 | 899 | 408 | 906a | 2,505 | 3,035 | 2,441 |
| Goods: exports fob | 3,929 | 4,510 | 4,962 | 4,319a | 7,181 | 9,441 | 10,865 |
| Goods: imports fob | -2,636 | -3,611 | -4,554 | -3,413a | -4,676 | -6,406 | -8,424 |
| Services balance | -359 | -642 | -607 | -464a | -749 | -1,223 | -1,781 |
| Income balance | -1,169 | -1,486 | -1,399 | -1,362a | -1,686 | -1,749 | -1,797 |
| Current transfers balance | 362 | 531 | 560 | 516a | 393 | 329 | 392 |
| Current-account balance | 127 | -698 | -1,038 | -404a | 464 | 393 | -745 |
| External debt (US$ m) | |||||||
| Debt stock | 2,277 | 2,755 | 2,986 | 3,044 | 3,430 | 4,064 | 4,773 |
| Debt service paid | 751 | 121 | 170 | 188 | 205 | 214 | 236 |
| Debt service due | 801 | 131 | 178 | 203 | 205 | 214 | 236 |
| International reserves (US$ m) | |||||||
| Total international reserves | 720 | 1,090 | 1,096 | 1,892a | 2,094a | 2,645 | 3,335 |
| a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. | |||||||
| Source: IMF, International Financial Statistics. | |||||||
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