Zambia's general government final consumption expenditure (current LCU) was 83.94 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 245.98% from 24.26 billion in 2014 (13.22% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 83.94 billion | 2024 |
| Five years earlier | 53.13 billion | 2019 |
| Ten years earlier | 24.26 billion | 2014 |
| Highest | 83.94 billion | 2024 |
| Lowest | 9.12 billion | 2010 |
| Average since 2015 | 51.31 billion | 2015–2024 |
| First recorded | 9.12 billion |
What the numbers say
In 2024, Zambia's general government final consumption expenditure (current LCU) rose 13.1% on 2023 (from 74.21 billion to 83.94 billion).
Across the 13 yearly changes before that (2011 to 2023), the average change was +18.8% and a typical year strayed about 18.3% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 51.9% in 2019 and the biggest yearly fall was 8% in 2020. 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 6.18 billion a year. A straight line explains 92% 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.
A straight-line projection, tested first
Extending that straight line gives about 94.61 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 14.98 billion, against 25.51 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Zambia had the 12th highest value of the 36 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
- French Polynesia — 9th of 36: 223.3 billion
- Zimbabwe — 10th of 36: 100 billion
- New Zealand — 11th of 36: 90.99 billion
- Bolivia — 13th of 36: 62.7 billion
- Ghana — 14th of 36: 56.8 billion
- Bhutan — 15th of 36: 55.92 billion
What this measures
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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 | General government final consumption expenditure (current LCU) |
|---|---|
| 2024 | 83,943,645,600 |
| 2023 | 74,206,269,900 |
| 2022 | 71,391,815,900 |
| 2021 | 51,006,071,900 |
| 2020 | 48,875,500,300 |
| 2019 | 53,132,123,300 |
| 2018 | 34,970,970,000 |
| 2017 | 33,787,732,700 |
| 2016 | 34,730,998,700 |
| 2015 | 27,104,825,600 |
General government final consumption expenditure (current LCU) in nearby economies
- Angola — 16.41 trillion (2024)
- Benin — 1.27 trillion (2025)
- Botswana — 84.72 billion (2025)
- Burkina Faso — 2.86 trillion (2025)
- Burundi — 3.71 trillion (2025)
- Cabo Verde — 68.37 billion (2025)
- Cameroon — 3.82 trillion (2025)
- Central African Republic — 184.03 billion (2025)
- Chad
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 general government final consumption expenditure (current LCU)?
- 83.94 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
Source
World Bank, World Development Indicators, indicator NE.CON.GOVT.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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in