Zambia Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Zambia's budget deficit stood at -5.25% in 2025, a decline of +1.93% from 2024. The IMF projects -5.25% by 2025. Zambia ranked 146th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -1.15% | - | - |
| 2029* IMF | -1.36% | - | - |
| 2028* IMF | -1.63% | - | - |
| 2027* IMF | -1.65% | - | - |
| 2026* IMF | -3.71% | - | - |
| 2025* IMF | -5.25% | - | - |
| 2025 | -5.25% | −1.93% | #146 |
| 2024 | -3.32% | +2.16% | #81 |
| 2023 | -5.48% | +2.34% | #36 |
| 2022 | -7.82% | +0.31% | #19 |
| 2021 | -8.14% | +5.63% | #27 |
| 2020 | -13.76% | −4.36% | #13 |
| 2019 | -9.41% | −1.10% | #6 |
| 2018 | -8.31% | −0.81% | #7 |
| 2017 | -7.50% | −1.81% | #14 |
| 2016 | -5.69% | +3.19% | #38 |
| 2015 | -8.88% | −3.45% | #15 |
| 2014 | -5.43% | +0.96% | #36 |
| 2013 | -6.40% | −3.24% | #22 |
| 2012 | -3.16% | −1.37% | #74 |
| 2011 | -1.78% | +0.65% | #114 |
Detected Pattern
Analysis
Zambia matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Zambia's budget deficit was -5.25% in 2025. Ranked 146th globally. This represents a 58.2% decrease from the previous year.
Zambia's budget deficit peaked at 16.91% in 2006.
The lowest budget deficit in Zambia was -13.76% in 2020.
Zambia ranks 146th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Zambia's budget deficit is projected to reach -5.25% by 2025 based on IMF projection.
The budget deficit of Zambia in 2025 was -5.25%. This ranks 146th in the world.
Cite this page
@misc{historysaid_zambia_budget-deficit,
title = {Zambia Budget Deficit},
url = {https://historysaid.com/zambia/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}