Zambia 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$18.14 billion
↓ 22.18% vs 2019GDP per Capita
$951.64
↓ 24.41% vs 2019GDP Growth (Annual %)
-2.79%
↓ 4.23pp vs 2019Inflation Rate (CPI %)
15.73%
↑ 6.58pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $23.31 billion | $18.14 billion | -22.18% |
| GDP per Capita | $1,258.99 | $951.64 | -24.41% |
| GDP Growth (Annual %) | 1.44% | -2.79% | -4.23pp |
| Inflation (CPI %) | 9.15% | 15.73% | +6.58pp |
| Unemployment Rate (%) | 5.54% | 6.03% | +0.49pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $18.14 billion
- GDP per Capita
- $951.64
- GDP Growth (Annual %)
- -2.79%
- Gross National Income
- $17.63 billion
Prices & Employment
- Inflation (CPI %)
- 15.73%
- Inflation (GDP Deflator %)
- 13.91%
- Unemployment Rate (%)
- 6.03%
- Interest Rate (Real %)
- -3.89%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 11.79%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Zambia's Gross Domestic Product (GDP) is $18.14 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Zambia for 2020 is $951.64. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Zambia for 2020 is 15.73%. This measures the annual percentage change in the cost of consumer goods and services.
Zambia's annual GDP growth rate for 2020 is -2.79%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Zambia for 2020 is 6.03%. This represents the percentage of the labor force that is unemployed and actively seeking employment.