Zambia Economic Indicators
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Zambia Reserves

(billion U.S. dollars, source: The World Bank)


Zambia Foreign exchange reserves including gold, billion U.S. dollars: For that indicator, The World Bank provides data for Zambia from 1965 to 2013. The average value for Zambia during that period was 0.48 billion U.S. dollars with a minumum of 0.05 billion U.S. dollars in 1999 and a maximum of 2.68 billion U.S. dollars in 2013.


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The reserves of Zambia and other countries include their holdings of foreign currencies and gold. These are the reserves of the central bank and the treasury of the country, not the private sector.

When countries export products or attract investment from other countries, they receive foreign currencies. They use some of these currencies to buy imports and to invest in other countries. The rest is held in reserves and some of the reserves may be converted to gold.

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World Bank definition: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.