Zambia's multilateral debt service (% of public and publicly guaranteed debt service) was 26.37% in 2024, the latest year in the World Bank's World Development Indicators. That is up 13.42 percentage points from 12.95% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 26.37% | 2024 |
| Five years earlier | 4.56% | 2019 |
| Ten years earlier | 12.95% | 2014 |
| Highest | 89.89% | 2007 |
| Lowest | 2.59% | 1973 |
| Average since 2015 | 17.82% | 2015–2024 |
| First recorded | 12.28% | 1970 |
What the numbers say
In 2024, Zambia's multilateral debt service (% of public and publicly guaranteed debt service) fell 17.72 percentage points on 2023 (from 44.09% to 26.37%).
Across the 30 yearly changes before that (1994 to 2023), the average change was −0.58 percentage points and a typical year strayed about 16.64 percentage points from that (the standard deviation). This year's change was 1.0 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 42.68 percentage points in 1991 and the biggest yearly fall was 42.81 percentage points in 2008. 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 3.91 percentage points a year. A straight line explains 57% 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 87th highest value of the 119 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 | 26.37% | 2024 |
| Lower middle income | 33.05% | 2024 |
Closest to Zambia in the 2024 ranking
- Eritrea — 83rd of 119: 27.21%
- Cameroon — 84th of 119: 26.9%
- Guinea — 85th of 119: 26.75%
- Kenya — 87th of 119: 25.91%
- Azerbaijan — 88th of 119: 25.5%
- Dominican Republic — 89th of 119: 24.58%
What this measures
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 55 values
| Year | Multilateral debt service (% of public and publicly guaranteed debt service) |
|---|---|
| 2024 | 26.37 |
| 2023 | 44.09 |
| 2022 | 26.86 |
| 2021 | 42.11 |
| 2020 | 8.36 |
| 2019 | 4.56 |
| 2018 | 4.98 |
| 2017 | 6.39 |
| 2016 | 5.81 |
| 2015 | 8.67 |
| 2014 |
Multilateral debt service (% of public and publicly guaranteed debt service) in nearby economies
- Angola — 4.98% (2024)
- Benin — 21.01% (2024)
- Botswana — 99.01% (2024)
- Burkina Faso — 77.19% (2024)
- Burundi — 68.46% (2024)
- Cabo Verde — 50.85% (2024)
- Cameroon — 26.9% (2024)
- Central African Republic — 58.45% (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 multilateral debt service (% of public and publicly guaranteed debt service)?
- 26.37% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 14.09 percentage points from 12.28% in 1970. The highest value was 89.89% in 2007 and the lowest 2.59% in 1973.
- How does Zambia rank?
- 87th highest of 119 economies with data for 2024.
- Is the latest change in multilateral debt service (% of public and publicly guaranteed debt service) unusual for Zambia?
- In 2024, Zambia's multilateral debt service (% of public and publicly guaranteed debt service) fell 17.72 percentage points on 2023 (from 44.09% to 26.37%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.58 percentage points and a typical year strayed about 16.64 percentage points from that (the standard deviation). This year's change was 1.0 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 DT.TDS.MLAT.PG.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, 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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