Zambia's gross savings (current LCU) was 212.91 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 222.5% from 66.02 billion in 2014 (12.42% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 212.91 billion | 2024 |
| Five years earlier | 119.68 billion | 2019 |
| Ten years earlier | 66.02 billion | 2014 |
| Highest | 224.31 billion | 2022 |
| Lowest | 30.56 billion | 2010 |
| Average since 2015 | 147.43 billion | 2015–2024 |
| First recorded | 30.56 billion |
What the numbers say
In 2024, Zambia's gross savings (current LCU) rose 10.8% on 2023 (from 192.11 billion to 212.91 billion).
Across the 13 yearly changes before that (2011 to 2023), the average change was +16.1% and a typical year strayed about 15% from that (the standard deviation). This year's change was 0.4 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 36.4% in 2021 and the biggest yearly fall was 14.4% 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 17.92 billion a year. A straight line explains 90% 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 19th highest value of the 48 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
- Niger — 15th of 48: 2.09 trillion
- Haiti — 16th of 48: 430.5 billion
- Guinea-Bissau — 17th of 48: 254.26 billion
- Nicaragua — 19th of 48: 205.45 billion
- Macao SAR, China — 20th of 48: 190.11 billion
- Kyrgyz Republic — 21st of 48: 189.08 billion
What this measures
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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 savings (current LCU) |
|---|---|
| 2024 | 212,912,590,231 |
| 2023 | 192,107,141,933 |
| 2022 | 224,309,637,990 |
| 2021 | 203,932,867,647 |
| 2020 | 149,556,682,820 |
| 2019 | 119,680,710,348 |
| 2018 | 115,282,901,899 |
| 2017 | 106,615,724,084 |
| 2016 | 80,726,591,183 |
| 2015 | 69,179,028,354 |
Gross savings (current LCU) in nearby economies
- Angola — 16.51 trillion (2024)
- Benin — 3.61 trillion (2023)
- Botswana — 76.02 billion (2025)
- Burkina Faso — 2.23 trillion (2024)
- Burundi — 7.73 trillion (2025)
- Cabo Verde — 63.24 billion (2025)
- Cameroon — 5.02 trillion (2024)
- Comoros — 80.36 billion (2023)
- Congo, Dem. Rep. — 69.91 trillion (2025)
- Congo, Rep. — 2.6 trillion (2021)
- Côte d'Ivoire — 9.06 trillion (2024)
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 savings (current LCU)?
- 212.91 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is up 596.74% from 30.56 billion in 2010 (14.87% a year on average, compounded). The highest value was 224.31 billion in 2022 and the lowest 30.56 billion in 2010.
- How does Zambia rank?
- 19th highest of 48 economies with data for 2024.
- Is the latest change in gross savings (current LCU) unusual for Zambia?
- In 2024, Zambia's gross savings (current LCU) rose 10.8% on 2023 (from 192.11 billion to 212.91 billion). Across the 13 yearly changes before that (2011 to 2023), the average change was +16.1% and a typical year strayed about 15% from that (the standard deviation). This year's change was 0.4 standard deviations below 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.GNS.ICTR.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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