Zambia's discrepancy in expenditure estimate of GDP (current LCU) was 53.45 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 547.97% from 8.25 billion in 2014 (20.55% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 53.45 billion | 2024 |
| Five years earlier | 1.19 billion | 2019 |
| Ten years earlier | 8.25 billion | 2014 |
| Highest | 58.76 billion | 2022 |
| Lowest | -1.91 billion | 2011 |
| Average since 2015 | 19.44 billion | 2015–2024 |
| First recorded | 115,400 |
What the numbers say
In 2024, Zambia's discrepancy in expenditure estimate of GDP (current LCU) rose 27.33 billion on 2023 (from 26.12 billion to 53.45 billion).
Across the 13 yearly changes before that (2011 to 2023), the average change was +2.01 billion and a typical year strayed about 17.2 billion from that (the standard deviation). This year's change was 1.5 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 46.01 billion in 2022 and the biggest yearly fall was 32.63 billion in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 4.85 billion a year. A straight line explains 50% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Zambia had the 3rd highest value of the 37 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Zambia in the 2024 ranking
- Iraq — 1st of 37: 35.93 trillion
- Kazakhstan — 2nd of 37: 5.07 trillion
- New Caledonia — 4th of 37: 46.15 billion
- Ghana — 5th of 37: 13.92 billion
- French Polynesia — 6th of 37: 1.45 billion
What this measures
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 15 values
| Year | Discrepancy in expenditure estimate of GDP (current LCU) |
|---|---|
| 2024 | 53,451,328,000 |
| 2023 | 26,123,828,600 |
| 2022 | 58,757,646,000 |
| 2021 | 12,745,536,300 |
| 2020 | 5,069,953,300 |
| 2019 | 1,187,690,400 |
| 2018 | 7,645,616,500 |
| 2017 | 17,067,462,900 |
| 2016 | 9,802,203,200 |
| 2015 | 2,581,392,800 |
Discrepancy in expenditure estimate of GDP (current LCU) in nearby economies
- Angola — 0 (2024)
- Benin — 0 (2025)
- Botswana — -2.52 billion (2025)
- Burkina Faso — 0 (2025)
- Cabo Verde — -100 (2025)
- Cameroon — 309.25 billion (2025)
- Central African Republic — 495,800 (2025)
- Chad — -1.05 million (2025)
- Comoros — 0 (2025)
More economic policy & debt data for Zambia
- Agriculture, forestry, and fishing, value added (current US$) — US$1.19 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 29.79 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 4.11% (2025)
- Manufacturing, value added (current US$) — US$2.53 billion (2025)
- Manufacturing, value added (current LCU) — 63.49 billion (2025)
- Manufacturing, value added (% of GDP) — 8.75% (2025)
- Industry, including construction, value added (current US$) — US$10.2 billion (2025)
- Industry, including construction, value added (current LCU) — 256.39 billion (2025)
- Industry, including construction, value added (% of GDP)
Reading data like this
Questions people ask
- What is Zambia's discrepancy in expenditure estimate of GDP (current LCU)?
- 53.45 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is up 46.32 million% from 115,400 in 2010 (153.92% a year on average, compounded). The highest value was 58.76 billion in 2022 and the lowest -1.91 billion in 2011.
- How does Zambia rank?
- 3rd highest of 37 economies with data for 2024.
- Is the latest change in discrepancy in expenditure estimate of GDP (current LCU) unusual for Zambia?
- In 2024, Zambia's discrepancy in expenditure estimate of GDP (current LCU) rose 27.33 billion on 2023 (from 26.12 billion to 53.45 billion). Across the 13 yearly changes before that (2011 to 2023), the average change was +2.01 billion and a typical year strayed about 17.2 billion from that (the standard deviation). This year's change was 1.5 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.GDP.DISC.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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