Home Zambia Government Government Debt to GDP

Zambia Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

114.94% −14.12% (-10.9%)
Year 2024 Rank #178 Global Peak 260.96% (2000) Source IMF WEO

Zambia Government Debt to GDP (2000–2024)

Overview

Zambia's government debt to gdp stood at 114.94% in 2024, a decline of +14.12% from 2023. Zambia ranked 178th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2024 114.94% −14.12% #178
2023 129.06% +29.58% #181
2022 99.48% −11.57% #164
2021 111.05% −28.95% #171
2020 140.00% +36.67% #179
2019 103.33% +22.17% #178
2018 81.17% +14.56% #157
2017 66.61% +5.45% #139
2016 61.15% −0.71% #129
2015 61.87% +28.01% #134
2014 33.86% +7.95% #69
2013 25.91% +0.99% #52
2012 24.92% +4.11% #52
2011 20.81% +1.91% #37
2010 18.90% −1.62% #32
Show all years (2000-2024)

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 government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Zambia's government debt to gdp?

Zambia's government debt to gdp was 114.94% in 2024. Ranked 178th globally. This represents a 10.9% decrease from the previous year.

What was the highest government debt to gdp in Zambia?

Zambia's government debt to gdp peaked at 260.96% in 2000.

What was the lowest government debt to gdp in Zambia?

The lowest government debt to gdp in Zambia was 18.90% in 2010.

How does Zambia rank in government debt to gdp?

Zambia ranks 178th globally in government debt to gdp as of 2024.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the government debt to gdp of Zambia in 2024?

The government debt to gdp of Zambia in 2024 was 114.94%. This ranks 178th in the world.

Cite this page

APA
Zambia Government Debt to GDP. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/zambia/government-debt-to-gdp
BibTeX
@misc{historysaid_zambia_government-debt-to-gdp, title = {Zambia Government Debt to GDP}, url = {https://historysaid.com/zambia/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }