Zambia | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 9890.00 9.96 10.05 10.15 10.25 11.71 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 3.60 4.29 4.53 4.3 4.8 5.97 percent [+]
GDP 22.06 25.79 24.3 22.8 21.31 17.45 USD Billion [+]
GDP Constant Prices 183381.00 196823 199527 202231 204935 285545 ZMW THO [+]
GDP per capita 1607.36 1688 1679 1671 1663 1738 USD [+]
GDP per capita PPP 3602.33 3754 3743 3732 3721 3692 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 13.30 13.93 13.98 14.02 14.07 15.34 percent [+]
Population 15.47 62.09 62.2 62.31 62.42 267 million [+]
Wages High Skilled 6060.00 6113 6115 6116 6116 6117 ZMK/Month [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 7.50 9.76 17.34 17.1 16.87 13.07 percent [+]
Food Inflation 15.60 6.53 6.35 6.34 6.34 6.34 percent [+]
Inflation Rate Mom 0.90 0.82 0.8 0.8 0.8 0.8 percent [+]
Cpi Transportation 189.41 191 191 191 191 191 Index Points [+]
Consumer Price Index Cpi 189.69 194 195 197 199 204 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 15.50 14.5 14.5 14.5 13.5 12 percent [+]
Deposit Interest Rate 8.99 8.24 8.48 8.72 8.96 8.69 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -998.80 -733 -741 -728 -734 -733 ZMK Million [+]
Exports 4818.80 4993 4986 4986 4986 4986 ZMK Million [+]
Imports 5817.60 6033 6048 6054 6055 6056 ZMK Million [+]
Current Account -107.20 -125 -116 -107 -98.41 -34.83 ZMK Billions [+]
Current Account to GDP -3.00 -0.27 -1.33 -2.38 -3.44 -2.49 percent [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
External Debt 8081.80 3322 3261 3200 3138 2812 USD Million [+]
Foreign Direct Investment 255.21 385 353 306 308 338 USD Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 31.00 31.89 33.31 34.73 36.15 44.31 percent [+]
Government Budget -8.10 -4.9 -4.83 -4.76 -4.68 -6.1 percent of GDP [+]
Military Expenditure 486.90 487 503 518 529 563 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Manufacturing Production 2.16 4.6 4.8 5.13 5.23 5.09 percent [+]
Ease of Doing Business 98.00 92.69 93.01 93.32 93.64 91.69 [+]
Corruption Index 38.00 37.06 37.06 37.06 37.06 33.76 Points [+]
Corruption Rank 76.00 81.46 80.02 78.58 77.14 80.28 [+]
Competitiveness Index 3.60 3.86 3.86 3.86 3.86 3.4 Points [+]
Competitiveness Rank 118.00 107 107 107 107 117 [+]
Mining Production 0.50 2.23 2.37 2.33 2.26 2.25 percent [+]
Industrial Production -2.40 -0.87 -0.87 -0.87 -0.87 -0.87 percent [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 35.00 35 35 35 35 35 percent [+]
Personal Income Tax Rate 35.00 35 35 35 35 35 percent [+]
Sales Tax Rate 16.00 16 16 16 16 16 percent [+]
Social Security Rate 10.00 10 10 10 10 10 percent [+]
Social Security Rate For Companies 5.00 5 5 5 5 5 percent [+]
Social Security Rate For Employees 5.00 5 5 5 5 5 percent [+]





Economic Forecasts for Zambia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Zambia economy. 1/18/2017