Zambia 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$27.58 billion
↓ 5.44% vs 2022GDP per Capita
$1,330.73
↓ 8.04% vs 2022GDP Growth (Annual %)
5.37%
↑ 0.16pp vs 2022Inflation Rate (CPI %)
10.88%
↓ 0.11pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $29.16 billion | $27.58 billion | -5.44% |
| GDP per Capita | $1,447.12 | $1,330.73 | -8.04% |
| GDP Growth (Annual %) | 5.21% | 5.37% | +0.16pp |
| Inflation (CPI %) | 10.99% | 10.88% | -0.11pp |
| Unemployment Rate (%) | 6.00% | 5.91% | -0.09pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $27.58 billion
- GDP per Capita
- $1,330.73
- GDP Growth (Annual %)
- 5.37%
- Gross National Income
- $26.27 billion
Prices & Employment
- Inflation (CPI %)
- 10.88%
- Inflation (GDP Deflator %)
- 7.09%
- Unemployment Rate (%)
- 5.91%
- Interest Rate (Real %)
- N/A
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)
- -2.11%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Zambia's Gross Domestic Product (GDP) is $27.58 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Zambia for 2023 is $1,330.73. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Zambia for 2023 is 10.88%. This measures the annual percentage change in the cost of consumer goods and services.
Zambia's annual GDP growth rate for 2023 is 5.37%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Zambia for 2023 is 5.91%. This represents the percentage of the labor force that is unemployed and actively seeking employment.