Zambia: Foreign Direct Investment, percent of GDP
* indicates monthly or quarterly data series
Zambia |
Foreign Direct Investment, percent of GDP |
---|---|
Latest value | 0.32 |
Year | 2023 |
Measure | percent |
Data availability | 1970 - 2023 |
Average | 3.34 |
Min - Max | -0.96 - 9.60 |
Source | The World Bank |
The latest value from 2023 is 0.32 percent, an increase from -0.22 percent in 2022. In comparison, the world average is 3.16 percent, based on data from 173 countries. Historically, the average for Zambia from 1970 to 2023 is 3.34 percent. The minimum value, -0.96 percent, was reached in 1981 while the maximum of 9.6 percent was recorded in 1993.
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* indicates monthly or quarterly data series
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Foreign direct investment in Zambia and other countries reflects the foreign ownership of production facilities. To be classified as foreign direct investment, the share of the foreign ownership has to be equal to at least 10 percent of the value of the company. The investment could be in manufacturing, services, agriculture, or other sectors. It could have originated as green field investment (building something new), as acquisition (buying an existing company) or joint venture (partnership).
FDI is reported on an annual basis, i.e. how much new investment was received in the country during the current year. It typically runs at about 2-3 percent of the size of the economy measured by its gross domestic product. If a country routinely receives FDI that exceeds 5-6% of GDP each year, then this is a significant success.
FDI is reported on an annual basis, i.e. how much new investment was received in the country during the current year. It typically runs at about 2-3 percent of the size of the economy measured by its gross domestic product. If a country routinely receives FDI that exceeds 5-6% of GDP each year, then this is a significant success.
Definition: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Terms of trade | 122.48 | 2021 | percent |
Trade openness | 79.88 | 2023 | percent |
Financial openness | 2.299 | 2021 | index points |
Exports, percent of GDP | 40.78 | 2023 | percent |
Exports, billion dollars | 11.48 | 2023 | billion U.S. dollars |
Growth of exports | 17.24 | 2010 | percent |
Imports, percent of GDP | 39.11 | 2023 | percent |
Imports, billion dollars | 11.01 | 2023 | billion U.S. dollars |
Foreign Direct Investment, percent of GDP | 0.32 | 2023 | percent |
Foreign Direct Investment, billion dollars | -0.07 | 2022 | billion U.S. dollars |
Portfolio investment inflows, equities | -0.07 | 2022 | million dollars (current) |
Current account, percent of GDP | 5.00 | 2022 | percent |
Current account, in dollars | 1.09 | 2022 | billion U.S. dollars |
Trade balance, percent of GDP | 1.67 | 2023 | percent |
Trade balance, in dollars | 2.42 | 2022 | billion U.S. dollars |
Reserves | 2.97 | 2022 | billion U.S. dollars |
Remittances, percent of GDP | 0.89 | 2023 | percent |
Remittances | 250.00 | 2023 | million U.S. dollars |
Net errors and omissions | 263.53 | 2022 | million USD |
External debt | 98.41 | 2022 | percent |
Short-term external debt | 9.11 | 2022 | percent |
Short-term debt to reserves | 88.12 | 2022 | percent |
Foreign exchange reserves | 3.89 | 6/2024 | billion |