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Zambia GDP Deflator

Inflation as measured by annual growth rate of GDP implicit deflator  NY.GDP.DEFL.KD.ZG

Zambia's gdp deflator was 8.22% in 2025, ranked 56th globally. This represents a 42.9% decrease from 2024. Data from World Bank, covering 1961–2025.

8.22% −6.19pp (-42.9%)
Year 2025 Rank #56 Global Peak 165.53% (1992) Source World Bank

Zambia GDP Deflator (1961–2025)

Overview

Zambia's gdp deflator stood at 8.22% in 2025, a decline of +6.19pp from 2024. Based on recent trends, this figure is projected to reach 8.22% by 2025. Zambia ranked 56th globally.

Zambia’s GDP deflator, which measures the change in domestic prices of all final goods and services, stood at 8.22 % in 2025, placing the country 56th globally. The indicator has swung dramatically over the 65‑year series, moving from a negative deflator of –3.66 % in 1961 to an all‑time peak of 165.53 % during the inflationary surge of 1992, and reaching its deepest trough of –14.17 % in 1975. Such volatility reflects periods of severe macro‑economic stress, notably the post‑structural adjustment crisis of the early 1990s and the commodity price shocks of the mid‑1970s. Compared with peers of similar rank, Zambia’s 2025 level is slightly below Slovenia’s 8.32 % and above Algeria’s 8.08 %, suggesting a moderate but still elevated inflation environment relative to comparable economies. If fiscal consolidation and supply‑side reforms succeed in stabilising the exchange rate, the deflator is likely to ease toward the lower end of the peer range in the coming years.

Data & projection

Year GDP Deflator YoY change Rank
2027* trend 4.81% - -
2026* trend 6.52% - -
2025* trend 8.22% - -
2025 8.22% −6.19pp #56
2024 14.41% +7.32pp #178
2023 7.09% +0.95pp #143
2022 6.14% −19.00pp #79
2021 25.14% +11.23pp #193
2020 13.91% +6.28pp #196
2019 7.63% +0.22pp #185
2018 7.41% −2.66pp #171
2017 10.07% −3.50pp #179
2016 13.58% +6.92pp #194
2015 6.66% +1.22pp #176
2014 5.44% −4.29pp #165
2013 9.73% +2.74pp #197
2012 6.99% −4.12pp #156
2011 11.11% −2.84pp #161
Show all years (1961-2025)
* 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 gdp deflator improve within 24 months. View full analysis →

Frequently Asked Questions

What is Zambia's gdp deflator?▾

Zambia's gdp deflator was 8.22% in 2025. Ranked 56th globally. This represents a 42.9% decrease from the previous year.

What was the highest gdp deflator in Zambia?▾

Zambia's gdp deflator peaked at 165.53% in 1992.

What was the lowest gdp deflator in Zambia?▾

The lowest gdp deflator in Zambia was -14.17% in 1975.

How does Zambia rank in gdp deflator?▾

Zambia ranks 56th globally in gdp deflator as of 2025.

What is the World Bank indicator code for gdp deflator?▾

The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.

What is the projected gdp deflator of Zambia in 2025?▾

Zambia's gdp deflator is projected to reach 8.22% by 2025 based on trend extrapolation.

What is the gdp deflator of Zambia in 2025?▾

The gdp deflator of Zambia in 2025 was 8.22%. This ranks 56th in the world.

Cite this page

APA
Zambia GDP Deflator. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/zambia/gdp-deflator/
BibTeX
@misc{historysaid_zambia_gdp-deflator, title = {Zambia GDP Deflator}, url = {https://historysaid.com/zambia/gdp-deflator/}, publisher = {HistorySaid}, year = {2026} }
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