Zambia's gross national expenditure (current US$) was US$21.38 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 15.85% from US$25.41 billion in 2014 (1.71% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$21.38 billion | 2024 |
| Five years earlier | US$23.1 billion | 2019 |
| Ten years earlier | US$25.41 billion | 2014 |
| Highest | US$26.14 billion | 2013 |
| Lowest | US$15.28 billion | 2020 |
| Average since 2015 | US$21.76 billion | 2015–2024 |
| First recorded | US$19.02 billion |
What the numbers say
In 2024, Zambia's gross national expenditure (current US$) fell 15.6% on 2023 (from US$25.33 billion to US$21.38 billion).
Across the 13 yearly changes before that (2011 to 2023), the average change was +3.6% and a typical year strayed about 16.5% from that (the standard deviation). This year's change was 1.2 standard deviations below 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 28.8% in 2022 and the biggest yearly fall was 33.9% 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 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
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 18th 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.
| Value | Year | |
|---|---|---|
| Zambia | US$21.38 billion | 2024 |
| World | US$111.01 trillion | 2024 |
| Sub-Saharan Africa | US$2.71 trillion | 2025 |
| Lower middle income | US$8.19 trillion | 2025 |
Closest to Zambia in the 2024 ranking
- Lebanon — 15th of 37: US$35.22 billion
- Albania — 16th of 37: US$28.9 billion
- Afghanistan — 17th of 37: US$27.1 billion
- Tajikistan — 19th of 37: US$19.67 billion
- Bahamas, The — 20th of 37: US$16.47 billion
- New Caledonia — 21st of 37: US$9.58 billion
What this measures
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 15 values
| Year | Gross national expenditure (current US$) |
|---|---|
| 2024 | 21,380,702,365 |
| 2023 | 25,333,927,572 |
| 2022 | 22,460,253,528 |
| 2021 | 17,432,950,792 |
| 2020 | 15,279,741,190 |
| 2019 | 23,104,370,621 |
| 2018 | 25,310,380,564 |
| 2017 | 24,494,301,833 |
| 2016 | 20,701,296,980 |
| 2015 | 22,139,634,694 |
Gross national expenditure (current US$) in nearby economies
- Angola — US$90.8 billion (2024)
- Benin — US$25.31 billion (2025)
- Botswana — US$21.21 billion (2025)
- Burkina Faso — US$26.25 billion (2025)
- Cabo Verde — US$3.4 billion (2025)
- Cameroon — US$62.65 billion (2025)
- Central African Republic — US$3.5 billion (2025)
- Chad — US$18.75 billion (2025)
- Comoros — US$2.22 billion (2025)
- Congo, Dem. Rep. — US$91.33 billion (2025)
More economic policy & debt data for Zambia
- Agriculture, forestry, and fishing, value added (current US$) — 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$10.2 billion (2025)
- Industry, including construction, value added (current LCU) — 256.39 billion (2025)
- Industry, including construction, value added (% of GDP)
Reading data like this
Questions people ask
- What is Zambia's gross national expenditure (current US$)?
- US$21.38 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is up 12.42% from US$19.02 billion in 2010 (0.84% a year on average, compounded). The highest value was US$26.14 billion in 2013 and the lowest US$15.28 billion in 2020.
- How does Zambia rank?
- 18th highest of 37 economies with data for 2024.
- Is the latest change in gross national expenditure (current US$) unusual for Zambia?
- In 2024, Zambia's gross national expenditure (current US$) fell 15.6% on 2023 (from US$25.33 billion to US$21.38 billion). Across the 13 yearly changes before that (2011 to 2023), the average change was +3.6% and a typical year strayed about 16.5% from that (the standard deviation). This year's change was 1.2 standard deviations below 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 NE.DAB.TOTL.CD, 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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