Home → Zambia → Prices & Inflation → Consumer Price Index

Zambia Consumer Price Index

Consumer price index (2010 = 100)  FP.CPI.TOTL

Zambia's consumer price index was 462.23 in 2025, ranked 19th globally. This represents a 8.9% increase from 2024. Data from World Bank, covering 1985–2025.

462.23 +37.93 (+8.9%)
Year 2025 Rank #19 Global Peak 462.23 (2025) Source World Bank

Zambia Consumer Price Index (1985–2025)

Overview

Zambia's consumer price index stood at 462.23 in 2025, a rise of +37.93 from 2024. Based on recent trends, this figure is projected to reach 462.23 by 2025. Zambia ranked 19th globally.

Zambia’s Consumer Price Index (CPI) has risen dramatically over the 41‑year series, moving from an all‑time trough of 0.01 in 1985 to an all‑time peak of 462.23 in 2025, the latter placing the country 19th globally. The index’s trajectory reflects persistent inflationary pressures that have accelerated in recent decades, outpacing many regional peers; for example, Guinea recorded a CPI of 455.59 and Liberia 486.52 in the same year. The steep climb suggests that price growth has been driven by a combination of currency depreciation, fiscal deficits and supply‑side constraints, while the modest improvement in monetary policy credibility has been insufficient to curb the upward swing. Structural reforms in the agricultural sector and diversification of export earnings could help temper future CPI movements. Absent such adjustments, the current upward trend is likely to continue, keeping Zambia among the higher‑inflation economies in the dataset.

Data & projection

Year Consumer Price Index YoY change Rank
2027* trend 547.50 - -
2026* trend 504.86 - -
2025* trend 462.23 - -
2025 462.23 +37.93 #19
2024 424.30 +55.30 #153
2023 369.00 +36.22 #157
2022 332.78 +32.96 #158
2021 299.82 +54.11 #158
2020 245.71 +33.40 #157
2019 212.31 +17.80 #162
2018 194.51 +13.56 #164
2017 180.95 +11.17 #167
2016 169.78 +25.74 #172
2015 144.04 +13.23 #157
2014 130.82 +9.47 #151
2013 121.34 +7.91 #143
2012 113.43 +7.00 #136
2011 106.43 +6.43 #130
Show all years (1985-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +128.8% GDP growth 6.2% C/A balance 11.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Zambia matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw consumer price index improve within 24 months. View full analysis →

Frequently Asked Questions

What is Zambia's consumer price index?▾

Zambia's consumer price index was 462.23 in 2025. Ranked 19th globally. This represents a 8.9% increase from the previous year.

What was the highest consumer price index in Zambia?▾

Zambia's consumer price index peaked at 462.23 in 2025.

What was the lowest consumer price index in Zambia?▾

The lowest consumer price index in Zambia was 0.01 in 1985.

How does Zambia rank in consumer price index?▾

Zambia ranks 19th globally in consumer price index as of 2025.

What is the World Bank indicator code for consumer price index?▾

The World Bank indicator code is FP.CPI.TOTL. Data sourced from World Bank.

What is the projected consumer price index of Zambia in 2025?▾

Zambia's consumer price index is projected to reach 462.23 by 2025 based on trend extrapolation.

What is the consumer price index of Zambia in 2025?▾

The consumer price index of Zambia in 2025 was 462.23. This ranks 19th in the world.

Cite this page

APA
Zambia Consumer Price Index. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/zambia/consumer-price-index/
BibTeX
@misc{historysaid_zambia_consumer-price-index, title = {Zambia Consumer Price Index}, url = {https://historysaid.com/zambia/consumer-price-index/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub