Economy of Zambia

Imports

Imports commoditiesmachinery, transportation equipment, petroleum products, electricity, fertilizer, foodstuffs, clothing

Import partnersSouth Africa 36.7%, Democratic Republic of the Congo 19.8%, China 10.4%, Kuwait 6% (2012)

Exports

Exports commoditiescopper/cobalt, cobalt, electricity; tobacco, flowers, cotton

Export partnersChina 43.4%, South Africa 7.2%, Democratic Republic of the Congo 6.7%, South Korea 5.4%, India 4.7%, UAE 4.3%, Egypt 4.1% (2012)

Economy sectors

Agriculture productscorn, sorghum, rice, peanuts, sunflower seed, vegetables, flowers, tobacco, cotton, sugarcane, cassava (tapioca), coffee; cattle, goats, pigs, poultry, milk, eggs, hides

Industrial productscopper mining and processing, construction, foodstuffs, beverages, chemicals, textiles, fertilizer, horticulture

Economy

Unemployment13.1 % (2012)13.2 % (2011)13.2 % (2010)

GDP - Official Exchange Rate22.2 Billion $ (2013)20.3 Billion $ (2012)19.2 Billion $ (2011)

GDP growth rate6.00 % (2013)7.20 % (2012)6.60 % (2011)

GDP per Capita (PPP)1,800 $ (2013)1,700 $ (2012)1,600 $ (2011)

GDP - Purchasing Power Parity25.5 Billion $ (2013)23.7 Billion $ (2012)22.2 Billion $ (2011)

GDP PPP per land area33,842 $ per square kilometer (2013)31,477 $ per square kilometer (2012)29,550 $ per square kilometer (2011)

Electricity

Electricity - installed generating capacity1.68 Million kW

Banking

Central bank discount rate8.39 % (2009)14.5 % (2008)11.7 % (2007)

Commercial bank prime lending rate10.4 % (2013)12.2 % (2012)18.8 % (2011)

Commercial bank prime lending rate of Zambia

GDP decomposition by sector

Agriculture % of GDP19.8 % (2013)20.5 % (2012)

Industry % of GDP33.8 % (2013)33.3 % (2012)

Services % of GDP46.5 % (2013)46.3 % (2012)

Tourism

International tourism, number of arrivals859 Thousand (2012)920 Thousand (2011)815 Thousand (2010)

Yearly Tourist arrivals to residents ratio6.10 % (2012)6.63 % (2011)6.17 % (2010)

Yearly Tourist arrivals to residents ratio of Zambia

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)31.8 % of GDP (2013)29.5 % of GDP (2012)26.7 % of GDP (2011)

Public debt (Percentage of GDP) of Zambia

Budget surplus (+) or deficit (-)-4.90 % of GDP

Current Account Balance (Percentage of GDP)-0.00 % of GDP (2012)3.65 % of GDP (2011)7.45 % of GDP (2010)

Current Account Balance (Percentage of GDP) of Zambia

External Debt Stocks (Percentage of GNI)27.6 % of GNI (2012)27.4 % of GNI (2011)29.8 % of GNI (2010)

External Debt Stocks (Percentage of GNI) of Zambia

Short-term debt (percentage of total external debt)6.13 % of total external debt (2012)6.59 % of total external debt (2011)26.9 % of total external debt (2010)

Short-term debt (percentage of total external debt) of Zambia

Current Account Balance (Total)-1.25 Billion $ (2013)-189.90 Million $ (2012)215 Million $ (2011)

Current Account Balance (Total) of Zambia

External Debt (Total)5.99 Billion $ (2013)5.62 Billion $ (2012)4.62 Billion $ (2011)

External Debt (Percentage of GDP)26.9 % of GDP (2013)27.7 % of GDP (2012)24.1 % of GDP (2011)

External Debt (Percentage of GDP) of Zambia

External Debt per Capita412 $ (2013)399 $ (2012)333 $ (2011)