Economy
Zambia: AfDB puts annual development funding gap at $5.4bn
The AfDB estimates yearly financing needs of $6.9 billion through 2030, leaving an annual gap of about $5.4 billion.
Country
GDP growth
3.8%
2025 · 2026 : 5.6% (projection)
Inflation
13.9%
2025 · 2026 : 8.0% (projection)
Public debt
100.6%
2025 · % of GDP · 2026 : 82.1% (projection)
Fiscal balance
-3.8%
2025 · % of GDP · 2026 : -5.4% (projection)
Current account balance
-5.5%
2025 · % of GDP · 2026 : +2.3% (projection)
Nominal GDP
28.7 bn USD
2025 · 2026 : 42.4 bn USD (projection)
GDP per capita
1,310 USD
2025 · 2026 : 1,882 USD (projection)
Population
21.9 million
2025
In %
Source: IMF World Economic Outlook
| Observed or estimated | IMF projection | |
|---|---|---|
| 2015 | 2.9 | – |
| 2016 | 3.8 | – |
| 2017 | 3.5 | – |
| 2018 | 4 | – |
| 2019 | 1.4 | – |
| 2020 | -2.8 | – |
| 2021 | 6.2 | – |
| 2022 | 5.2 | – |
| 2023 | 5.4 | – |
| 2024 | 3.8 | – |
| 2025 | 3.8 | 3.8 |
| 2026 | – | 5.6 |
| 2027 | – | 4.9 |
| 2028 | – | 5 |
| 2029 | – | 5.3 |
| 2030 | – | 5.3 |
| 2031 | – | 5.3 |
In %
Source: IMF World Economic Outlook
| Observed or estimated | IMF projection | |
|---|---|---|
| 2015 | 10.1 | – |
| 2016 | 17.9 | – |
| 2017 | 6.6 | – |
| 2018 | 7.5 | – |
| 2019 | 9.2 | – |
| 2020 | 15.7 | – |
| 2021 | 22 | – |
| 2022 | 11 | – |
| 2023 | 10.9 | – |
| 2024 | 15 | – |
| 2025 | 13.9 | 13.9 |
| 2026 | – | 8 |
| 2027 | – | 7.5 |
| 2028 | – | 7 |
| 2029 | – | 7 |
| 2030 | – | 7 |
| 2031 | – | 7 |
Sources: IMF World Economic Outlook (key figures, growth and inflation; estimates and projections from 2026); World Bank World Development Indicators (population and structural indicators). The latest available year is shown for each figure.
Economy
The AfDB estimates yearly financing needs of $6.9 billion through 2030, leaving an annual gap of about $5.4 billion.
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