Zambia Government Debt To GDP

Zambia recorded a Government Debt to GDP of 31.20 percent of the countrys Gross Domestic Product in 2011. Government Debt To GDP in Zambia is reported by the Bank of Zambia. From 1990 until 2011, Zambia Government Debt To GDP averaged 122.9 percent reaching an all time high of 277.5 percent in December of 1991 and a record low of 4.4 percent in December of 2006. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Zambia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
31.20 38.90 277.53 4.40 8.07 | 2014/06 1990 - 2011 percent Yearly

TO

Zambia Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Credit Rating 35.00 [+]
Government Debt To GDP 31.20 2011-12-31 38.90 277.53 4.40 8.07 2014-06-30 percent [+]
Government Budget -6.70 2013-12-31 -4.20 18.30 -6.70 -6.97 2014-06-30 Percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Zambia Inflation Rate at 7.80 percent  
The inflation rate in Zambia was recorded at 7.80 percent in April of 2014. Inflation Rate in Zambia is reported by the Bank of Zambia.
Zambia Exports at 4217000.00 Thousands Zambian Kwacha  
Exports in Zambia decreased to 4217000 Thousands Zambian Kwacha in February of 2014 from 4843000 Thousands Zambian Kwacha in January of 2014. Exports in Zambia is reported by the Central Statistical Office, Zambia.
Zambia GDP Current Prices at 125947.00 ZMW THO  
GDP Constant Prices in Zambia increased to 125947 ZMW THO in 2013 from 106015 ZMW THO in 2012. GDP Constant Prices in Zambia is reported by the Central Statistical Office, Zambia.
Zambia Imports at 4159000.00 Thousands Zambian Kwacha  
Imports in Zambia decreased to 4159000 Thousands Zambian Kwacha in February of 2014 from 4547000 Thousands Zambian Kwacha in January of 2014. Imports in Zambia is reported by the Central Statistical Office, Zambia.
Zambia Interest Rate at 12.00 percent  
The benchmark interest rate in Zambia was last recorded at 12 percent. Interest Rate in Zambia is reported by the Bank of Zambia.
Zambia Personal Income Tax Rate at 35.00 percent  
The Personal Income Tax Rate in Zambia stands at 35 percent. Personal Income Tax Rate in Zambia is reported by the Zambia Revenue Authority.
Zambia Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Zambia stands at 35 percent. Corporate Tax Rate in Zambia is reported by the Zambia Revenue Authority.
Zambia Sales Tax Rate at 16.00 Percent  
The Sales Tax Rate in Zambia stands at 16 percent. Sales Tax Rate in Zambia is reported by the Zambia Revenue Authority.
Zambia Balance of Trade at 161000.00 Thousands Zambian Kwacha  
Zambia recorded a trade surplus of 161000 Thousands Zambian Kwacha in December of 2013. Balance of Trade in Zambia is reported by the Central Statistical Office, Zambia.
Zambia Current Account at 67.50 USD Million  
Zambia recorded a Current Account surplus of 67.50 USD Million in the fourth quarter of 2012. Current Account in Zambia is reported by the Bank of Zambia.
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