Key Economic Indicators (Latest Estimates)
Nominal GDP (2024 Est.)
~$26.33 Billion USD
Source: Trading Economics/IMF. Total value of goods and services produced.
Real GDP Growth (2025 Forecast)
+6.2%
Forecasted high growth driven by mining recovery (World Bank/IMF).
GDP Per Capita (2025 Est.)
~$1,330 USD
Measures average economic output per person (IMF).
Historical Real GDP Growth Rate (%) (1995-2027)
Data Source: ZamStats, Trading Economics, World Bank, and IMF Projections. Growth rates reflect real change at constant prices.
Sectoral Contribution to GDP (Latest Available)
Economic Transformation Commentary
- Services (~60%): The dominant sector. Wholesale and Retail Trade, Financial Services, and ICT are the primary value drivers.
- Industry (~30%): Includes Manufacturing, Construction, and Utilities. Its share needs to increase for sustained industrialization.
- Agriculture (<10%): Accounts for a low share of GDP but employs over half the workforce, highlighting major productivity challenges and vulnerability to climate change.
- Mining: Constitutes about **14% of GDP** (part of the Industry sector) but is responsible for over **70% of foreign currency earnings**, making it the economy's key shock absorber.