Zambia | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 9.84 10.03 10.13 10.23 10.33 11.92 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 5.00 3.78 4.29 4.53 4.3 6.35 percent [+]
GDP 22.06 21.31 20.8 20.29 19.77 17.45 USD Billion [+]
GDP Constant Prices 166533.00 224592 240220 255848 271475 409459 ZMW THO [+]
GDP per capita 1625.15 1663 1669 1675 1681 1738 USD [+]
GDP per capita PPP 3657.56 3721 3726 3731 3736 3692 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 13.30 14.07 14.23 14.4 14.56 15.34 percent [+]
Population 15.47 62.42 74.57 86.72 98.86 267 million [+]
Wages High Skilled 6060.00 6110 6113 6115 6116 6117 ZMK/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 8.80 9.3 9.76 17.34 17.1 13.07 percent [+]
Food Inflation 15.60 8.8 6.53 6.35 6.34 6.34 percent [+]
Inflation Rate Mom 1.50 1.21 0.82 0.8 0.79 0.79 percent [+]
Cpi Transportation 189.41 190 191 191 191 191 Index Points [+]
Consumer Price Index Cpi 187.94 191 194 195 197 204 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 15.50 15.5 14.5 14.5 14.5 12 percent [+]
Deposit Interest Rate 8.99 8.96 8.97 8.98 8.98 8.69 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -998.80 -666 -733 -741 -728 -733 ZMK Million [+]
Exports 4818.80 4980 4993 4986 4986 4986 ZMK Million [+]
Imports 5817.60 5987 6033 6048 6054 6056 ZMK Million [+]
Current Account -107.20 -130 -125 -116 -107 -34.83 ZMK Billions [+]
Current Account to GDP -3.00 -3.44 -3.03 -2.61 -2.2 -2.49 percent [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
External Debt 3360.24 3138 3105 3072 3039 2812 USD Million [+]
Foreign Direct Investment 255.21 359 385 353 306 338 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 31.00 36.15 41.28 46.4 51.53 44.31 percent [+]
Government Budget -8.10 -4.68 -4.74 -4.79 -4.85 -6.1 percent of GDP [+]
Military Expenditure 486.90 487 503 518 529 563 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Manufacturing Production 2.16 4.77 4.6 4.8 5.13 5.09 percent [+]
Ease of Doing Business 98.00 92.38 93.01 93.32 93.64 91.69 [+]
Corruption Index 38.00 37.06 36.79 36.52 36.25 33.76 Points [+]
Corruption Rank 76.00 77.14 76.49 75.84 75.19 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 2.26 2.23 2.37 2.33 2.25 percent [+]
Industrial Production -2.40 -0.86 -0.87 -0.87 -0.87 -0.87 percent [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/10/2016