Zambia's gross domestic savings (current LCU) was 260.14 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 284.9% from 67.59 billion in 2014 (14.43% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 260.14 billion | 2024 |
| Five years earlier | 120.6 billion | 2019 |
| Ten years earlier | 67.59 billion | 2014 |
| Highest | 260.14 billion | 2024 |
| Lowest | 35.03 billion | 2010 |
| Average since 2015 | 162.68 billion | 2015–2024 |
| First recorded | 35.03 billion |
What the numbers say
In 2024, Zambia's gross domestic savings (current LCU) rose 17.9% on 2023 (from 220.63 billion to 260.14 billion).
Across the 13 yearly changes before that (2011 to 2023), the average change was +16.2% and a typical year strayed about 15.7% from that (the standard deviation). This year's change was 0.1 standard deviations above 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 45.3% in 2021 and the biggest yearly fall was 10.6% 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 22.43 billion a year. A straight line explains 91% 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 7th 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
- Kazakhstan — 4th of 36: 50.49 trillion
- Angola — 5th of 36: 23.45 trillion
- United States — 6th of 36: 5.41 trillion
- Ghana — 8th of 36: 144.56 billion
- New Zealand — 9th of 36: 94.99 billion
- New Caledonia — 10th of 36: 94.61 billion
What this measures
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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 | Gross domestic savings (current LCU) |
|---|---|
| 2024 | 260,139,413,800 |
| 2023 | 220,633,099,700 |
| 2022 | 246,815,724,600 |
| 2021 | 232,102,967,900 |
| 2020 | 159,713,194,500 |
| 2019 | 120,595,295,400 |
| 2018 | 116,655,990,700 |
| 2017 | 114,095,286,200 |
| 2016 | 85,213,972,300 |
| 2015 | 70,830,114,900 |
Gross domestic savings (current LCU) in nearby economies
- Angola — 23.45 trillion (2024)
- Benin — 4.69 trillion (2025)
- Botswana — 61.2 billion (2025)
- Burkina Faso — 3.57 trillion (2025)
- Burundi — 5.08 trillion (2025)
- Cabo Verde — 18.04 billion (2025)
- Cameroon — 4.47 trillion (2025)
- Central African Republic — -87.66 billion (2025)
- Chad — 4.13 trillion (2025)
- Comoros — -82.72 billion (2025)
- Congo, Dem. Rep.
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 gross domestic savings (current LCU)?
- 260.14 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is up 642.71% from 35.03 billion in 2010 (15.4% a year on average, compounded). The highest value was 260.14 billion in 2024 and the lowest 35.03 billion in 2010.
- How does Zambia rank?
- 7th highest of 36 economies with data for 2024.
- Is the latest change in gross domestic savings (current LCU) unusual for Zambia?
- In 2024, Zambia's gross domestic savings (current LCU) rose 17.9% on 2023 (from 220.63 billion to 260.14 billion). Across the 13 yearly changes before that (2011 to 2023), the average change was +16.2% and a typical year strayed about 15.7% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDS.TOTL.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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