Zambia Current Account Balance: % of GDP

Key information about Zambia Current Account Balance: % of GDP

• Zambia Current Account deficit accounted for 2.0 % of the country's Nominal GDP in Dec 2023, compared with a 4.4 % surplus in the previous year.
• Zambia Current Account Balance: % of Nominal GDP data is updated yearly, available from Dec 2010 to Dec 2023, with an average value of -3.3 %.
• The data reached an all-time high of 12.8 % in Dec 2020 and a record low of -3.3 % in Dec 2016.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Bank of Zambia provides Current Account Balance in USD, calculated according to IMF methodology. Zambia Statistics Agency provides Nominal GDP in local currency. Bank of Zambia average market exchange rate is used for currency conversions.


Key information about Zambia Current Account Balance: % of GDP

• In the latest reports of Zambia, Current Account recorded a surplus of 17.0 USD mn in Mar 2025.
• Foreign Direct Investment (FDI) increased by 221.8 USD mn in Mar 2025.
• Zambia Direct Investment Abroad fell by 42.3 USD mn in Mar 2025.
• Its Foreign Portfolio Investment increased by 46.6 USD mn in Mar 2025.
• The country's Nominal GDP was reported at 28.2 USD bn in Dec 2023.

View Zambia's Current Account Balance: % of GDP from 2010 to 2023 in the chart:

What was Zambia's Current Account Balance: % of GDP in 2023?

Zambia Current Account deficit accounted for 2.0 % of the country's Nominal GDP in Dec 2023, compared with a 4.4 % surplus in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
-2.0 2023	4.4 2022	-3.3 2016	12.8 2020	%	yearly	2010 - 2023

Current Account Balance: % of GDP by Country Comparison

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