Zambia: Net financial flows, RDB nonconcessional (NFL, current US$)

Key figures

Over five years it is up 60.42% from US$61.82 million in 2019 (9.91% a year on average, compounded). Since 1974 it is up 31,255% from US$316,261 in 1974 (12.18% a year on average, compounded). The World Bank has no value for 3 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2024, Zambia's net financial flows, RDB nonconcessional (NFL, current US$) rose US$81.94 million on 2023 (from US$17.22 million to US$99.16 million).

Across the 30 yearly changes before that (1991 to 2023), the average change was −US$963,047 and a typical year strayed about US$17.77 million from that (the standard deviation). This year's change was 4.7 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was US$81.94 million in 2024 and the biggest yearly fall was US$50.41 million in 1991. 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 US$7.38 million a year. A straight line explains 40% 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 26th highest value of the 77 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

• Morocco — 23rd of 77: US$123.05 million
• Angola — 24th of 77: US$121.27 million
• Senegal — 25th of 77: US$119.1 million
• Mongolia — 27th of 77: US$94.77 million
• Papua New Guinea — 28th of 77: US$89.4 million
• Cameroon — 29th of 77: US$84.38 million

What this measures

Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Nonconcessional financial flows cover all disbursements except those made through concessional lending facilities. Regional development banks are the African Development Bank, in Tunis, Tunisia, which serves all of Africa, including North Africa; the Asian Development Bank, in Manila, Philippines, which serves South and Central Asia and East Asia and Pacific; the European Bank for Reconstruction and Development, in London, United Kingdom, which serves Europe and Central Asia; and the Inter-American Development Bank, in Washington, D.C., which serves the Americas. Aggregates include amounts for economies not specified elsewhere. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 48 values

Net financial flows, RDB nonconcessional (NFL, current US$) in nearby economies

• Angola — US$121.27 million (2024)
• Benin — US$31.29 million (2024)
• Botswana — US$69.29 million (2024)
• Burkina Faso — US$10.08 million (2024)
• Cabo Verde — US$15.2 million (2024)
• Cameroon — US$84.38 million (2024)
• Congo, Dem. Rep. — −US$43.36 million (2023)
• Congo, Rep. — US$1.1 million (2024)
• Côte d'Ivoire — US$223.06 million (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

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Questions people ask

What is Zambia's net financial flows, RDB nonconcessional (NFL, current US$)?

US$99.16 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1974?

It is up 31,255% from US$316,261 in 1974 (12.18% a year on average, compounded). The highest value was US$99.16 million in 2024 and the lowest −US$15.68 million in 1997.

How does Zambia rank?

26th highest of 77 economies with data for 2024.

Is the latest change in net financial flows, RDB nonconcessional (NFL, current US$) unusual for Zambia?

In 2024, Zambia's net financial flows, RDB nonconcessional (NFL, current US$) rose US$81.94 million on 2023 (from US$17.22 million to US$99.16 million). Across the 30 yearly changes before that (1991 to 2023), the average change was −US$963,047 and a typical year strayed about US$17.77 million from that (the standard deviation). This year's change was 4.7 standard deviations above that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator DT.NFL.RDBN.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics 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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