Zambia: Household consumption, percent of GDP

* indicates monthly or quarterly data series
 Zambia

Household consumption as percent of GDP

 Latest value 47.11
 Year 2023
 Measure percent
 Data availability 2010 - 2023
 Average 44.04
 Min - Max 35.58 - 52.60
 Source The World Bank
The latest value from 2023 is 47.11 percent, an increase from 35.58 percent in 2022. In comparison, the world average is 62.93 percent, based on data from 146 countries. Historically, the average for Zambia from 2010 to 2023 is 44.04 percent. The minimum value, 35.58 percent, was reached in 2022 while the maximum of 52.6 percent was recorded in 2010. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Zambia - Household consumption, percent of GDP - Recent values chart

Historical series
Zambia - Household consumption, percent of GDP - historical chart - 2010-2023




Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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 Related indicators Latest Reference Measure
 Capital investment, percent of GDP 26.98 2022 percent
 Capital investment, in dollars 8.67 2023 billion U.S. dollars
 Household consumption, percent of GDP 47.11 2023 percent
 Household consumption, in dollars 12.99 2023 billion U.S. dollars
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