Zambia: External debt

* indicates monthly or quarterly data series
 Zambia

External debt, percent of GDP

 Latest value 109.08
 Year 2024
 Measure percent
 Data availability 1990 - 2024
 Average 110.51
 Min - Max 16.42 - 196.17
 Source The World Bank
 Available for Data download
The latest value from 2024 is 109.08 percent, an increase from 105.26 percent in 2023. In comparison, the world average is 132.26 percent, based on data from 119 countries. Historically, the average for Zambia from 1990 to 2024 is 110.51 percent. The minimum value, 16.42 percent, was reached in 2008 while the maximum of 196.17 percent was recorded in 1996. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Zambia: External debt
 2024 109.08
 2023 105.26
 2022 97.10
 2021 121.92
 2020 162.89
 2019 126.10
 2018 93.72
 2017 91.90




Definition: The total debt of public and private borrowers held by non-residents as percent of GDP. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 126.40 2024 percent
 Trade openness 62.53 2024 percent
 Financial openness 2.290 2022 index points
 Exports, percent of GDP 34.98 2024 percent
 Exports, billion dollars 8.85 2024 billion U.S. dollars
 Growth of exports 17.24 2010 percent
 Imports, percent of GDP 27.55 2024 percent
 Imports, billion dollars 6.97 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 9.32 2024 percent
 Foreign Direct Investment, billion dollars 2.36 2024 billion U.S. dollars
 Portfolio investment inflows, equities -9.68 2024 million dollars (current)
 Current account, percent of GDP -4.41 2024 percent
 Current account, in dollars -1.12 2024 billion U.S. dollars
 Trade balance, percent of GDP 7.43 2024 percent
 Trade balance, in dollars 0.69 2024 billion U.S. dollars
 Reserves 4.09 2024 billion U.S. dollars
 Remittances, percent of GDP 1.32 2024 percent
 Remittances 334.31 2024 million U.S. dollars
 Net errors and omissions -1,153.33 2024 million USD
 External debt 109.08 2024 percent
 Short-term external debt 11.64 2024 percent
 Short-term debt to reserves 81.72 2024 percent
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