Zambia

Description of Zambia

Welcome to our website dedicated to providing insightful analysis on the geopolitical and macroeconomic landscape of Zambia. As a country nestled in the heart of Southern Africa, Zambia's economic development and foreign relations play a crucial role in shaping the region's dynamics. Through a lens influenced by the works of Henry Kissinger, George Kennan, and Peter Zeihan, we aim to explore how macroeconomic statistics and geopolitical trends impact Zambia's growth trajectory and its positioning on the global stage.

Population And Age Structure

For Population, total, Zambia's value of 18,927,715 is below the average of 40,097,746. Zambia ranks 64th out of 194 countries in this attribute.

Zambia's Population ages 0-14 (% of total population) is 43.68%, higher than the average of 27.34%. This places Zambia at the 17th rank out of 194 countries.

In terms of Population ages 0-14, total, Zambia's value is 8,267,697, below the average of 10,327,379. Zambia holds the 50th rank out of 194 countries for this attribute.

Population ages 15-64 (% of total population) in Zambia is 54.59%, below the average of 63.44%. Zambia ranks 173rd out of 194 countries in this category.

Zambia's Population ages 15-64, total is 10,332,596, significantly below the average of 26,003,407. This places Zambia at the 69th rank out of 194 countries.

For Population ages 65 and above (% of total population), Zambia's value of 1.73% is well below the average of 9.22%. Zambia ranks 191st out of 194 countries for this attribute.

Zambia's Population ages 65 and above, total is 327,423, much lower than the average of 3,766,959. Zambia holds the 119th rank out of 194 countries in this attribute.

Summary

Zambia exhibits a demographic profile skewed towards a younger population, with a relatively high percentage of individuals aged 0-14 years compared to the global average. However, the country lags behind in the percentage of the population aged 15-64 and 65 and above. This demographic distribution is crucial as it impacts various aspects of the economy, including workforce dynamics, healthcare requirements, and social welfare needs.

Population Miscellaneous

Analysis of key demographic statistics for Zambia:

1. Rural population: Zambia's rural population is 10,480,465, below the average rural population of 18,044,041. Zambia ranks 54th out of 190 countries in this statistic.

2. Rural population (% of total population): At 55.371%, Zambia's rural population percentage is above the average of 41.158%. Zambia ranks 58th out of 190 countries.

3. Urban population: Zambia's urban population is 8,447,250, below the average urban population of 22,425,747. Zambia ranks 71st out of 194 countries.

4. Urban population (% of total population): With 44.629% urban population, Zambia falls below the average of 59.691%. It ranks 137th out of 194 countries.

5. Age dependency ratio (% of working-age population): Zambia's ratio is 83.185%, notably higher than the average of 59.219%. Zambia ranks 22nd out of 194 countries.

6. Birth rate, crude (per 1,000 people): At 34.953 births per 1,000 people, Zambia's crude birth rate is above the average of 19.384. It ranks 17th out of 192 countries.

7. Death rate, crude (per 1,000 people): The death rate in Zambia is 6.602 per 1,000 people, below the average of 8.214. Zambia ranks 132nd out of 192 countries.

8. Fertility rate, total (births per woman): Zambia's fertility rate is 4.379, higher than the average of 2.603. It ranks 24th out of 190 countries.

Summary

Zambia has a predominantly rural population, with above-average rural population percentage and a lower urban population compared to global averages. The country also exhibits a high age dependency ratio and elevated crude birth rate, indicating a youthful population with significant fertility rates.

These demographic indicators are crucial for policymakers and planners as they highlight Zambia's demographic composition, with implications for healthcare, education, social welfare, and economic development strategies tailored to meet the needs of a growing and youthful population.

Military

1. Military expenditure (current USD): Zambia's military expenditure is $212,142,427.39, significantly below the average of $12,904,993,617.17. Zambia ranks 109th out of 149 countries in this attribute.

2. Military expenditure (% of GDP): Zambia's military expenditure as a percentage of GDP is 1.17%, below the average of 1.90%. The country ranks 102nd out of 148 countries.

3. Arms imports (SIPRI trend indicator values): Zambia's arms imports amount to $3,000,000, much lower than the average of $205,522,123.89. Zambia ranks 102nd out of 113 countries in this category.

4. Armed forces personnel, total: Zambia has 16,000 total armed forces personnel, below the average of 165,908.54. The country ranks 115th out of 164 countries.

5. Armed forces personnel (% of total labor force): Zambia's armed forces personnel represent 0.25% of the total labor force, significantly lower than the average of 1.28%. Zambia ranks 151st out of 164 countries in this metric.

Summary

Zambia's military expenditure, arms imports, and the size of its armed forces are all significantly below global averages, leading to lower rankings compared to other countries. These indicators suggest that Zambia prioritizes other areas over military investment, potentially focusing more on economic development and social welfare. While a strong military is important for national security, allocating resources efficiently based on national priorities is crucial for sustainable development.

Natural Resources

1. Forest Area (sq. km): Zambia's forest area of 448,140.3 sq. km is above the average of 211,606.11 sq. km, ranking 17th out of 191 countries.

2. Land Area (sq. km): Zambia's land area of 743,390 sq. km is above the average of 665,166.51 sq. km, ranking 37th out of 194 countries.

3. Surface Area (sq. km): Zambia's surface area of 752,610 sq. km is above the average of 689,779.56 sq. km, also ranking 37th out of 194 countries.

4. Arable Land (hectares): Zambia's arable land of 3,800,000 hectares is below the average of 7,329,543.16 hectares, ranking 59th out of 190 countries.

5. Land under Cereal Production (hectares): Zambia's land under cereal production of 1,486,760 hectares is below the average of 4,206,011.63 hectares, ranking 64th out of 174 countries.

6. Average Precipitation in Depth (mm per year): Zambia's average precipitation of 1,020 mm per year is below the average of 1,157.83 mm per year, ranking 92nd out of 178 countries.

7. Renewable Internal Freshwater Resources, Total (billion cubic meters): Zambia's total renewable internal freshwater resources of 80.2 billion cubic meters is below the average of 240.41 billion cubic meters, ranking 63rd out of 178 countries.

Summary

Zambia's natural resources present a mixed picture compared to global averages: while it boasts an above-average forest, land, and surface area, its arable land and land under cereal production fall below average. The country's average precipitation and renewable internal freshwater resources are also below global averages. These indicators are crucial for assessing Zambia's agricultural potential, environmental sustainability, and water security in the face of climate change and population growth.

Resource Rents

The Total natural resources rents in Zambia account for 16.22% of the country's GDP, significantly higher than the average of 4.63%. Zambia is ranked 13th out of 175 countries in this attribute.

Zambia's Coal rents are relatively low, standing at 0.14% of GDP, below the average of 0.40%. The country holds the 22nd position out of 65 countries in this category.

Forest rents in Zambia contribute 7.85% to the GDP, well above the average of 1.53%. Zambia ranks 9th out of 174 countries for Forest rents.

Zambia's Mineral rents are substantial, at 8.23% of GDP, significantly above the average of 1.23%. The country secures the 2nd rank out of 86 countries for Mineral rents.

Summary

Zambia demonstrates a strong dependency on natural resource rents, with above-average contributions to GDP in categories such as total natural resources, forest, and mineral rents. While the country ranks significantly high in mineral rents and above average in total natural resources and forest rents globally, it lags behind in coal rents. These findings are crucial as they highlight Zambia's reliance on natural resources as a driver of economic activity and underscore the importance of sustainable resource management policies to ensure long-term economic stability and growth.

Commodities

- Zambia's cereal production stands at 3,689,518.39 metric tons, significantly below the attribute average of 17,249,945.93 metric tons, ranking 70th out of 174 countries.

- In aquaculture production, Zambia produces 45,670 metric tons, well below the attribute average of 679,642.92 metric tons, ranking 45th out of 180 countries.

- Zambia's capture fisheries production is 106,836 metric tons, lower than the attribute average of 467,453.06 metric tons, ranking 75th out of 190 countries.

- The country's total fisheries production is 152,506 metric tons, falling short of the average of 1,153,914.85 metric tons, ranking 70th out of 182 countries.

- Zambia's fertilizer consumption is 79.76 kilograms per hectare of arable land, below the average of 159.04 kilograms, placing it 104th out of 187 countries.

Summary

Zambia's agricultural sector faces challenges as it falls below global averages in cereal, aquaculture, capture fisheries, and total fisheries production. Additionally, the country's fertilizer consumption is significantly lower than the global average. These indicators are crucial as they highlight areas where Zambia can focus on improving productivity and sustainability in its agricultural practices to enhance food security, economic growth, and competitiveness in the global market.

Intellectual Property

Industrial design applications in Zambia are significantly below the average of 9799.58, with a value of 124. Zambia ranks 68 out of 113 countries in this attribute.

Zambia's patent applications by nonresidents are also below average, with a value of 10 compared to the average of 6538.40. The country ranks 99 out of 129 in this aspect.

For patent applications by residents, Zambia's value of 17 is well below the average of 19037.56. The country ranks 91 out of 117 in this category.

Zambia's trademark applications by nonresidents, with a value of 3308, are below the average of 15878.93, placing the country at rank 88 out of 130.

Zambia's trademark applications by residents have a value of 1905, which is significantly lower than the average of 111055.78. Zambia ranks 84 out of 129 countries in this attribute.

In terms of scientific and technical journal articles, Zambia's value of 263.09 is notably below the average of 15103.76. The country ranks 110 out of 192 in this aspect.

Charges for the use of intellectual property payments in Zambia amount to 14573362.62, which is well below the average of 3218843494.39. Zambia ranks 95 out of 143 countries in this category.

Summary

Zambia lags behind global averages in key macroeconomic indicators related to industrial design applications, patent applications, trademark applications, scientific and technical journal articles, and intellectual property payments. These lower values and rankings indicate a potential lack of innovation, investment in research and development, and utilization of intellectual property rights in Zambia's economy. Addressing these shortcomings is crucial for fostering economic growth, competitiveness, and sustainable development in the country.

Broad Economy Attributes

GDP (current US$): Zambia's GDP is $18,110,638,269.22, significantly below the average GDP of $442,870,224,838.68, ranking 112 out of 189 countries.

GDP, PPP (current international $): Zambia's GDP, when adjusted for purchasing power parity, is $63,634,577,867.76, well below the average of $734,141,122,350.78, ranking 99 out of 181 countries.

GDP per capita (current US$): Zambia's GDP per capita is $956.83, much lower than the average of $15,462.11, ranking 165 out of 190 countries.

GDP per capita, PPP (current international $): Zambia's GDP per capita, adjusted for PPP, is $3,361.98, substantially lower than the average of $21,251.89, ranking 153 out of 181 countries.

GNI (current US$): Zambia's GNI is $17,601,662,62.62, significantly below the average GNI of $452,040,815,370.70, ranking 112 out of 185 countries.

GNI, PPP (current international $): Zambia's GNI, adjusted for PPP, is $61,846,210,564.30, well below the average of $730,698,223,823.47, ranking 98 out of 181 countries.

GNI per capita, PPP (current international $): Zambia's GNI per capita, adjusted for PPP, is $3,270, much lower than the average of $20,615.75, ranking 155 out of 181 countries.

Summary

Zambia's key macroeconomic indicators such as GDP, GDP per capita, and GNI are significantly below the global averages, positioning the country in lower rankings compared to other nations. These statistics are crucial as they reflect Zambia's economic strength, standard of living, and overall development progress when compared to the rest of the world. Addressing the factors contributing to these lower figures will be essential for Zambia to enhance its economic growth, improve the standard of living for its citizens, and elevate its global competitiveness.

Broad Value Added

Zambia's Gross value added at basic prices (GVA) is significantly below the attribute average, ranking 104 out of 176 countries in the dataset.

The value added from Agriculture, forestry, and fishing as a percentage of GDP in Zambia is notably lower than the attribute average, placing Zambia at the 131st position out of 182 countries.

Zambia's Agriculture, forestry, and fishing value added in current US dollars is well below the attribute average, ranking 138th out of 182 countries.

Services value added as a percentage of GDP in Zambia is slightly below the attribute average, with a rank of 112 out of 183 countries.

When it comes to Services value added in current US dollars, Zambia falls significantly below the attribute average, ranking 112th out of 183 countries.

Zambia's Industry (including construction) value added in current US dollars is notably lower than the attribute average, placing the country at the 96th position out of 183 countries in the dataset.

Summary

Zambia lags behind the attribute average in key macroeconomic indicators such as Gross Value Added (GVA) and value added from Agriculture, forestry, and fishing both as a percentage of GDP and in current US dollars. The country also falls short in Services and Industry value added metrics. These findings are crucial as they indicate Zambia's underperformance in crucial sectors of the economy, which could hinder overall economic growth and development.

Manufacturing Value Added

**Manufacturing, value added (current US$):** Zambia's manufacturing value added in current US dollars is significantly below the global average of $76,207,179,589.66. With a value of $1,397,302,712.10, Zambia ranks 118th out of 173 countries in this category.

**Manufacturing, value added (% of GDP):** Zambia's manufacturing value added as a percentage of its GDP is below average at 7.72%, compared to the global average of 11.90%. The country ranks 123rd out of 173 countries in this metric.

**Medium and high-tech manufacturing value added (% manufacturing value added):** Zambia's contribution to medium and high-tech manufacturing value added as a percentage of total manufacturing value added is significantly lower than the average of 24.49%. At 9.73%, Zambia ranks 113th out of 149 countries in this aspect.

Summary

Zambia lags behind global averages in key manufacturing indicators such as manufacturing value added in current US dollars, manufacturing value added as a percentage of GDP, and medium and high-tech manufacturing value added as a percentage of total manufacturing value added. These rankings indicate a potential for growth and development in the manufacturing sector of Zambia, highlighting the need for strategic investments, technological advancements, and structural reforms to enhance industrial production and increase competitiveness on a global scale.

Money

Analysis of key macroeconomic statistics for Zambia:

1. Inflation, consumer prices (annual %): Zambia's inflation rate of 15.73% is higher than the average of 8.26%. Zambia ranks 10th out of 165 countries in this dataset.

2. Inflation, GDP deflator (annual %): Zambia's inflation rate based on GDP deflator is 13.74%, above the average of 6.90%. The country ranks 12th out of 188 countries.

3. Broad money growth (annual %): Zambia's broad money growth rate stands at 46.44%, significantly higher than the average of 18.03%. Zambia holds the 6th rank out of 139 countries in this category.

4. Broad money (% of GDP): Zambia's broad money as a percentage of GDP is 31.25%, below the average of 71.75%. The country ranks 119th out of 139 countries in this dataset.

5. Broad money to total reserves ratio: Zambia's ratio is 4.70%, lower than the average of 5.17%. The country is placed 29th out of 126 countries based on this metric.

Summary

Zambia exhibits high inflation rates both in consumer prices and GDP deflator compared to global averages, ranking relatively high in these categories globally. However, the country's broad money growth is exceptionally high, positioning it at the 6th rank globally, despite having a lower broad money percentage of GDP and a less favorable broad money to total reserves ratio. These statistics are crucial as they indicate Zambia's economic stability, monetary policy effectiveness, and financial health, highlighting areas for potential improvement and further analysis.

Consumption Expenditure

Final consumption expenditure (current US$): Zambia's final consumption expenditure is $9,633,635,197.99, significantly below the average of $381,630,252,515.38, ranking 124th out of 159 countries.

Final consumption expenditure (% of GDP): Zambia's final consumption expenditure as a percentage of GDP is 53.19%, below the average of 82.37%, ranking 154th out of 159 countries.

General government final consumption expenditure (current US$): Zambia's government expenditure is $2,664,372,667.54, much lower than the average of $93,676,578,238.03, ranking 108th out of 158 countries.

General government final consumption expenditure (% of GDP): Zambia's government expenditure as a percentage of GDP is 14.71%, below the average of 18.71%, also ranking 108th out of 158 countries.

Household and NPISHs Final consumption expenditure (current US$): Zambia's household and NPISHs expenditure is $6,969,262,530.45, significantly lower than the average of $290,127,571,157.69, ranking 123rd out of 158 countries.

Households and NPISHs final consumption expenditure (% of GDP): Zambia's household and NPISHs expenditure as a percentage of GDP is 38.48%, below the average of 63.68%, ranking 150th out of 158 countries.

Summary

Zambia's final consumption expenditure, government expenditure, and household expenditure are notably below global averages and rank relatively low compared to other countries. This indicates a lower level of economic activity, potential constraints on public spending, and limited purchasing power of households in Zambia. These indicators are crucial as they reflect the overall economic health, government fiscal capabilities, and consumer behavior in the country, all of which are essential for assessing Zambia's development and competitiveness in the global economy.

Equities

1. Listed domestic companies, total: Zambia has 23 listed domestic companies, significantly below the average of 636.625. This places Zambia at rank 63 out of 72 countries.

2. Stocks traded, total value (current US$): Zambia's total value of $8,740,000 for stocks traded is vastly lower than the average of $1,379,501,820.91. This ranks Zambia at 69 out of 71 countries.

3. Stocks traded, total value (% of GDP): Zambia's value, representing 0.048% of its GDP, is well below the average of 31.65%. This places Zambia at rank 67 out of 71 countries.

4. Market capitalization of listed domestic companies (current US$): Zambia's market capitalization amounting to $2,716,490,000 falls far short of the average of $1,196,037,851,618.88. This ranks Zambia at 69 out of 73 countries.

5. Market capitalization of listed domestic companies (% of GDP): Zambia's market capitalization is equivalent to 14.999% of its GDP, below the average of 71.24%. This places Zambia at rank 61 out of 73 countries.

6. S&P Global Equity Indices (annual % change): Zambia experienced a significant decrease in the S&P Global Equity Indices by -36.97%, a substantial deviation from the average increase of 2.06%. Zambia ranks 79 out of 79 countries in this category.

Summary

Zambia lags behind in key macroeconomic indicators compared to global averages and ranks poorly among countries. The low number of listed domestic companies, minimal stock trading value, and market capitalization below average indicate a limited and underdeveloped financial market. The sharp decline in S&P Global Equity Indices further emphasizes the country's economic challenges and lack of competitiveness in the global market.

Investment

Foreign direct investment, net (BoP, current US$): Zambia's value is -181,166,690.67 which is above the average of -1,615,235,980.51. Zambia ranks 76 out of 169 countries in this attribute data.

Foreign direct investment, net inflows (BoP, current US$): Zambia's value of 245,205,491.40 is below the average of 5,749,271,080.15. The country ranks 109 out of 182 countries in this attribute data.

Foreign direct investment, net inflows (% of GDP): Zambia's value is 1.35%, lower than the average of 2.61%. This places Zambia at rank 102 out of 178 countries.

Foreign direct investment, net outflows (BoP, current US$): With a value of 64,038,642.36, Zambia is below the average of 5,707,991,116.07. The country ranks 79 out of 156 in this attribute data.

Foreign direct investment, net outflows (% of GDP): Zambia's value of 0.35% is below the average of 1.00%. Zambia holds the 62nd rank out of 155 countries in this attribute data.

Portfolio Investment, net (BoP, current US$): Zambia's value is -198,731,490.48, lower than the average of 679,559,169.57. The country's rank is 111 out of 159 countries.

Portfolio equity, net inflows (BoP, current US$): Zambia's value of 2,918,032 is significantly below the average of 9,197,145,994.70. Zambia ranks 51 out of 125 countries in this attribute data.

Summary

Zambia is performing below average in terms of foreign direct investment, net inflows, and portfolio investment. This indicates a potential lack of attractiveness for foreign investors and a struggling economy in need of external financial support. The rankings provide context on where Zambia stands globally in terms of these key macroeconomic indicators, highlighting areas that may need improvement to attract more investment and boost economic growth.

Debt

Zambia's total debt service as a percentage of its Gross National Income (GNI) is 11.76%, which is significantly higher than the average of 5.98%. This places Zambia at rank 16 out of 120 countries in the dataset.

For public and publicly guaranteed debt service as a percentage of GNI, Zambia's value is 4.15%, above the average of 2.84%. This places Zambia at rank 29 out of 120 countries.

Zambia's external debt stocks as a percentage of GNI stand at 170.36%, well above the average of 65.42%. This places Zambia at rank 6 out of 120 countries.

Zambia's debt service on external debt (total) in current US dollars is $2,070,264,496.60, which is significantly below the average of $9,811,195,839.23. This places Zambia at rank 47 out of 123 countries.

For debt service on external debt, public and publicly guaranteed (PPG), Zambia's value is $730,229,012.60, below the average of $3,310,612,057.60. This places Zambia at rank 55 out of 123 countries.

Zambia's external debt stocks, public and publicly guaranteed (PPG) in current US dollars stand at $15,502,292,621.60, significantly below the average of $28,695,879,144.98. This places Zambia at rank 42 out of 123 countries.

External debt stocks, private nonguaranteed (PNG) in current US dollars for Zambia are at $13,074,287,000, below the average of $33,734,699,285.22. This places Zambia at rank 28 out of 91 countries.

Zambia's total external debt stocks in current US dollars amount to $29,986,574,359, significantly below the average of $73,845,530,111.82. This places Zambia at rank 42 out of 123 countries.

Summary

Zambia's macroeconomic indicators reveal a concerning trend of high debt service ratios as a percentage of its GNI and significantly above-average external debt stocks. Despite ranking relatively lower in terms of debt service in current US dollars, the country's overall debt burden remains a critical issue. These statistics are crucial as they highlight Zambia's vulnerability to economic instability, potential debt crises, and the need for effective debt management strategies to safeguard its financial stability and future development.

Broad Trade Attributes

Trade (% of GDP): Zambia's trade as a percentage of GDP stands at 79.33%, slightly below the average of 82.34%. This places Zambia at rank 61 out of 163 countries.

Merchandise trade (% of GDP): Zambia's merchandise trade as a percentage of GDP is 72.94%, notably higher than the average of 60.01%. This places Zambia at rank 42 out of 186 countries.

Trade in services (% of GDP): Zambia's trade in services as a percentage of GDP is 8.86%, significantly below the average of 24.63%. This places Zambia at rank 130 out of 171 countries.

External balance on goods and services (current US$): Zambia's external balance on goods and services is $2,581,643,038.99, lower than the average of $3,405,509,011.13. This places Zambia at rank 39 out of 163 countries.

External balance on goods and services (% of GDP): Zambia's external balance on goods and services as a percentage of GDP is 14.25%, significantly above the average of -5.97%. This places Zambia at rank 8 out of 163 countries.

Summary

Zambia has a high trade intensity with trade accounting for a significant portion of its GDP, although its trade in services lags behind. The country's merchandise trade relative to its GDP is notably high, contributing to a positive external balance on goods and services as a percentage of GDP, which is above the global average. These indicators suggest that Zambia has a strong reliance on trade for economic growth and stability, highlighting the importance of maintaining a favorable balance in both goods and services to support its economy.

Net Trade

- Current account balance (BoP, current US$): Zambia's current account balance stands at 2,174,294,681.50 USD, which is above the average of 1,443,864,831.49 USD. This places Zambia at the 38th rank out of 170 countries in the dataset.
- Current account balance (% of GDP): Zambia's current account balance as a percentage of GDP is 12.01%, higher than the average of -2.36%. This ranks Zambia 11th out of 170 countries.
- Net trade in goods and services (BoP, current US$): Zambia's net trade in goods and services is 2,722,223,601.77 USD, slightly above the average of 2,604,730,003.57 USD. Zambia ranks 39th out of 171 countries.
- Net primary income (BoP, current US$): Zambia's net primary income is -769,146,616.19 USD, lower than the average of -903,807,529.74 USD. This places Zambia at the 98th rank out of 170 countries.
- Net secondary income (BoP, current US$): Zambia's net secondary income is 221,217,695.92 USD, higher than the average of -269,227,340.40 USD. Zambia ranks 95th out of 170 countries.
- Net trade in goods (BoP, current US$): Zambia's net trade in goods is 3,216,007,806.99 USD, significantly above the average of 1,302,831,005.68 USD. This places Zambia at the 39th rank out of 171 countries.
- Net capital account (BoP, current US$): Zambia's net capital account stands at 79,841,562.20 USD, below the average of 136,543,824.05 USD. Zambia ranks 72nd out of 159 countries.
- Net financial account (BoP, current US$): Zambia's net financial account stands at 2,001,802,686.34 USD, well above the average of -469,840,994.63 USD. This places Zambia at the 35th rank out of 170 countries.

Summary

Zambia's macroeconomic indicators show a positive current account balance, with the country ranking 38th out of 170 in terms of balance in US dollars and 11th in percentage of GDP. The net trade in goods and services is also above average, ranking 39th out of 171. However, Zambia's net primary income is below average, placing the country at 98th, indicating room for improvement in this aspect. These indicators are crucial as they reflect the country's economic performance, trade relations, and financial stability, providing insights for policymakers and investors to make informed decisions for sustainable development.

Broad Export Attributes

Zambia's Exports of goods, services and primary income amount to $8,595,051,621.12, below the average of $146,238,908,936.30, ranking 95th out of 170 countries in the dataset.

The country's Exports of goods and services total $8,558,478,218.54, also falling below the average of $122,938,540,059.78, with a ranking of 93 out of 170 countries.

Zambia's Exports of goods and services, coming to $8,473,997,596.94, are below the average of $129,596,864,610.19, placing the country at the 89th position out of 163 countries.

With Goods exports amounting to $8,002,853,404.90, Zambia's performance is below the average of $93,310,581,697.39, ranking 87th out of 171 countries.

The country's ICT goods exports represent 0.04% of total goods exports, well below the average of 3.81%, placing Zambia at the 126th position out of 142 countries in the dataset.

Summary

Zambia's export performance across various categories falls consistently below the global averages, ranking the country lower among its peers. Particularly concerning is the country's ICT goods exports representing only 0.04% of total goods exports, placing Zambia far behind the global average of 3.81%. These indicators highlight Zambia's limited competitiveness in the global market and suggest a need for strategic improvements in diversification and value addition to boost its export potential and overall economic growth.

Merchandise Exports

Zambia's merchandise exports amount to $7.92 billion, which is significantly below the average of $89.54 billion, ranking 91 out of 187 countries in the dataset.

Zambia's agricultural raw materials exports account for 0.86% of its merchandise exports, lower than the average of 2.97%. This places Zambia at the 89th position out of 151 countries.

The country's food exports represent 7.49% of its merchandise exports, well below the average of 24.06%. Zambia ranks 117th out of 152 countries in this category.

Zambia's fuel exports make up 1.74% of its merchandise exports, significantly lower than the average of 13.70%. The country is ranked 93rd out of 147 nations.

Ores and metals exports constitute a substantial 78.80% of Zambia's merchandise exports, far above the average of 9.10%, securing the country the top rank out of 152 countries.

Zambia's residual merchandise exports account for only 0.01% of its total merchandise exports, significantly below the average of 3.20%. The country ranks 141st out of 166 nations in this regard.

Summary

Zambia has a heavy reliance on ores and metals exports, constituting a large proportion of its merchandise exports. However, the country lags behind in other key export categories such as food and agricultural raw materials. This indicates a potential lack of diversification in Zambia's export portfolio, which could expose the country to risks associated with commodity price volatility and market fluctuations.

Technology Exports

Despite Zambia's Manufactures exports (% of merchandise exports) being below the average of 42.62%, its value of 10.17% ranks 126th out of 152 countries, indicating room for improvement in this area.

Zambia's High-technology exports (current US$) are significantly below the average of $16,655,934,078.80, with a value of $10,714,775. Its rank of 112 out of 151 countries suggests the country may need to enhance its high-tech export capabilities.

With Zambia's High-technology exports (% of manufactured exports) at 1.36%, well under the average of 10.15%, the country ranks 125th out of 150 countries. This highlights a potential opportunity for Zambia to focus on increasing the share of high-tech exports in its manufacturing sector.

Zambia's Medium and high-tech exports (% manufactured exports) stand at 21.43%, lower than the average of 34.29%. Despite this, the country's rank of 91 out of 149 nations shows a relatively stronger position in this aspect compared to other technology-related export metrics.

Summary

Zambia's performance in key macroeconomic indicators related to exports reflects areas for improvement, particularly in the categories of manufactures exports, high-technology exports, and the share of high-tech exports in the manufacturing sector. The country ranks below average in these indicators, signaling a need for strategic measures to enhance its export capabilities and competitiveness in the global market. Addressing these deficiencies can be crucial for Zambia's economic diversification, revenue generation, and overall sustainable growth in an increasingly technology-driven global economy.

Service Exports

1. For Service exports (BoP, current US$), Zambia's value is significantly below the average of $28,917,292,503.82, ranking 121 out of 171 countries in the dataset.

2. Zambia's ICT service exports (BoP, current US$) are also below average at $23,041,240.30, compared to the average of $4,578,501,153.77, ranking 119 out of 166 countries.

3. The percentage of ICT service exports in Zambia (% of service exports, BoP) is below average at 4.15%, compared to the average of 11.75%, ranking 119 out of 166 countries.

4. Zambia's Communications, computer, etc. (% of service exports, BoP) is significantly below average at 8.42%, compared to the average of 45.85%, ranking 163 out of 169 countries.

5. Transport services (% of service exports, BoP) in Zambia are also below average at 8.31%, compared to the average of 21.80%, ranking 125 out of 169 countries.

6. Zambia excels in Travel services (% of service exports, BoP), with a value of 74.07%, much higher than the average of 26.40%, ranking 9 out of 167 countries.

7. The percentage of Insurance and financial services in Zambia's service exports is above average at 9.20%, compared to the average of 6.46%, ranking 39 out of 161 countries.

Summary

Zambia's service exports, particularly in ICT, communications, and transport sectors, fall below global averages. However, the country stands out in travel services, surpassing the average by a significant margin. This mix of underperformance and excellence reflects Zambia's potential for growth by tapping into its strengths in lucrative sectors like travel services, while also highlighting areas needing improvement to compete globally in the increasingly digital economy.

Commercial Service Exports

Analysis of key stats for Commercial Service Exports in Zambia:

Summary

Zambia's Commercial Service Exports amount to $555,624,813.64, ranking 120th globally. The country excels in Travel Services, ranking 10th with a high percentage of 74.07%, but lags behind in Computer, Communications, and Other Services at 8.42%. Zambia performs moderately in Insurance and Financial Services at 9.20% and poorly in Transport Services at 8.31%.

These indicators are crucial as they highlight Zambia's strengths and weaknesses in different service export sectors. They showcase where the country has a competitive edge, such as in Travel Services, and where there is room for improvement to enhance overall export diversification and economic growth.

Broad Import Attributes

Imports of goods and services (current US$): Zambia's value is $5,892,354,557.95, which is significantly below the average of $126,191,355,599.06. Zambia ranks 112 out of 163 countries in this attribute data.

Imports of goods and services (% of GDP): Zambia's value of 32.54% is below the average of 44.15%. Zambia ranks 102 out of 163 countries in this attribute data.

International tourism, expenditures (% of total imports): Zambia's value of 8.12% is above the average of 3.98%. Zambia ranks 13 out of 131 countries in this attribute data.

ICT goods imports (% total goods imports): Zambia's value of 3.52% is below the average of 6.85%. Zambia ranks 108 out of 143 countries in this attribute data.

Goods imports (BoP, current US$): Zambia's value is $4,786,845,597.90, significantly below the average of $92,007,788,027.17. Zambia ranks 115 out of 171 countries in this attribute data.

Imports of goods and services (BoP, current US$): Zambia's value is $5,836,254,616.77, which is significantly below the average of $120,321,577,988.12. Zambia ranks 117 out of 170 countries in this attribute data.

Imports of goods, services and primary income (BoP, current US$): Zambia's value is $6,641,974,635.54, significantly below the average of $144,514,428,722.28. Zambia ranks 117 out of 170 countries in this attribute data.

Summary

Zambia's imports of goods and services, both in terms of value and as a percentage of GDP, are significantly below the global averages. Additionally, the country's expenditures on international tourism are relatively high compared to total imports, indicating a potential reliance on tourism for foreign exchange earnings. The low percentage of ICT goods imports suggests a possible lag in technological advancement. These indicators are crucial as they highlight Zambia's position in global trade, its economic diversification efforts, and its integration into the digital economy.

Merchandise Imports

Merchandise imports (current US$): Zambia's value of $5,285,000,000 is below the average of $89,385,605,263.1579. It ranks 119 out of 190 countries in the dataset.

Manufactures imports (% of merchandise imports): Zambia's value of 77.21% is above the average of 66.76%. It ranks 23 out of 152 countries.

Agricultural raw materials imports (% of merchandise imports): Zambia's value of 0.72% is below the average of 1.27%. It ranks 116 out of 152 countries.

Food imports (% of merchandise imports): Zambia's value of 8.72% is below the average of 15.89%. It ranks 129 out of 152 countries.

Fuel imports (% of merchandise imports): Zambia's value of 9.37% is below the average of 11.38%. It ranks 92 out of 152 countries.

Ores and metals imports (% of merchandise imports): Zambia's value of 3.88% is above the average of 2.57%. It ranks 29 out of 152 countries.

Merchandise imports by the reporting economy, residual (% of total merchandise imports): Zambia's value of 0.01% is below the average of 2.51%. It ranks 148 out of 180 countries.

Summary

Zambia's key macroeconomic indicators for merchandise imports reveal that the country has a below-average total value of imports, ranking 119 out of 190 countries. It imports a higher proportion of manufactured goods compared to agricultural raw materials and food, but lower proportions of fuel. Zambia also has a higher share of ores and metals imports compared to the average. These findings are crucial as they indicate Zambia's trade patterns, economic diversification, and reliance on specific types of imports for its economy.

Service Imports

For Service imports (BoP, current US$), Zambia's value is significantly lower than the attribute average, ranking 122nd out of 171 countries included in the data.

In terms of Communications, computer, etc. (% of service imports, BoP), Zambia's value is below the average, placing it at the 147th position out of 169 countries.

Zambia performs well in Transport services (% of service imports, BoP) with a value higher than the average, securing the 28th rank out of 169 countries.

For Travel services (% of service imports, BoP), Zambia's value is above the average, ranking 31st out of 169 countries.

Zambia falls below the average in Insurance and financial services (% of service imports, BoP), holding the 83rd position out of 169 countries.

Summary

Zambia's performance in key macroeconomic indicators related to service imports varies across different categories. While excelling in transport and travel services, it lags behind in areas such as communication and financial services. These findings are important as they highlight Zambia's strengths and weaknesses in its service import sector, providing insights for policymakers and investors on where the country may need to focus on improving competitiveness and efficiency.

Commercial Service Imports

Commercial service imports (current US$): Zambia's value of $1,010,807,963.04 is significantly below the average of $27,102,746,128.60, ranking 123 out of 171 countries.

Computer, communications and other services (% of commercial service imports): Zambia's value of 18.83% is below the average of 41.71%, ranking 143 out of 169 countries.

Insurance and financial services (% of commercial service imports): Zambia's value of 7.10% is below the average of 8.85%, ranking 83 out of 169 countries.

Transport services (% of commercial service imports): Zambia's value of 50.92% is above the average of 34.71%, ranking 28 out of 169 countries.

Travel services (% of commercial service imports): Zambia's value of 23.14% is above the average of 14.73%, ranking 34 out of 169 countries.

Summary

Zambia's commercial service imports value is significantly below the global average, positioning the country at a lower rank among nations. Particularly noteworthy is Zambia's higher allocation towards transport and travel services as a percentage of its commercial service imports, indicating a potential emphasis on these sectors for economic growth and development.

Infrastructure

Regarding Air transport, freight (million ton-km), Zambia's value of 69.97 million ton-km is significantly below the average of 1384.37 million ton-km. Zambia ranks 56 out of 126 countries in this dataset.

For Air transport, registered carrier departures worldwide, Zambia's value of 777.37 departures is far below the average of 134365.61 departures. Zambia ranks 136 out of 149 countries in this data set.

When it comes to Air transport, passengers carried, Zambia's value of 8717.83 passengers falls well below the average of 11848242.70 passengers. In this category, Zambia ranks 143 out of 149 countries.

Summary

Zambia's air transport sector lags significantly behind the global average in terms of freight transport, registered carrier departures, and passengers carried. With rankings below average in all three categories, Zambia's air transport industry faces challenges in terms of connectivity, trade facilitation, and tourism potential. Addressing these deficiencies is crucial for the country to enhance its economic competitiveness, attract investment, and foster socioeconomic development.

Information Technology Infrastructure

Zambia has 745 secure internet servers, significantly below the average of 458,294. Zambia ranks 123 out of 193 countries in this attribute data.

Zambia has 39.36 secure internet servers per 1 million people, well below the average of 14,067. Zambia ranks 155 out of 193 countries in this attribute data.

18.05% of Zambia's population uses the internet, much lower than the average of 64.77%. Zambia ranks 169 out of 180 countries in this attribute data.

Zambia has 82,317 fixed broadband subscriptions, far below the average of 6,591,956. Zambia ranks 127 out of 185 countries in this attribute data.

With 19,104,208 mobile cellular subscriptions, Zambia is below the average of 42,526,463. Zambia ranks 59 out of 193 countries in this attribute data.

Summary

Zambia lags behind global averages in key internet and communication technology indicators such as secure internet servers, internet usage, fixed broadband subscriptions, and mobile cellular subscriptions. These shortcomings indicate a significant digital divide and limited access to digital resources and communication networks in Zambia compared to other countries. Addressing these gaps is crucial for enhancing connectivity, improving communication infrastructure, and fostering economic development through increased access to information and opportunities on a global scale.

Energy Consumption

Regarding Renewable energy consumption, Zambia's value is 81.84%, significantly exceeding the average of 32.18%. This places Zambia at rank 17 out of 191 countries in the dataset.

As for CO2 emissions, Zambia's emissions amount to 7607.1 kt, much lower than the average of 171895.94 kt. Zambia ranks 112 out of 188 countries in CO2 emissions data.

Summary

Zambia stands out for its high percentage of renewable energy consumption, surpassing the global average by a large margin. This not only reflects positively on Zambia's environmental sustainability efforts but also indicates its potential for energy self-sufficiency and reduced dependence on fossil fuels. On the other hand, Zambia's relatively low CO2 emissions compared to the global average signify a commitment to mitigating climate change and reducing its carbon footprint, which can contribute to global efforts in combating greenhouse gas emissions and addressing climate change challenges.

Government Balance Sheet

1. Net acquisition of financial assets (% of GDP): Zambia's value is 1.41%, below the average of 2.45%. This places Zambia at rank 46 out of 87 countries in the dataset.

2. Central government debt, total (% of GDP): Zambia's value is 103.70%, above the average of 74.12%. This places Zambia at rank 11 out of 61 countries in the dataset.

3. Net incurrence of liabilities, total (% of GDP): Zambia's value is 12.64%, above the average of 7.43%. This places Zambia at rank 13 out of 92 countries in the dataset.

4. Total reserves (% of total external debt): Zambia's value is 4.01%, below the average of 66.13%. This places Zambia at rank 101 out of 102 countries in the dataset.

5. Reserves and related items (BoP, current US$): Zambia's value is -426,859,146.43, below the average of 1,924,407,186.58. This places Zambia at rank 126 out of 171 countries in the dataset.

6. Total reserves minus gold (current US$): Zambia's value is 1,203,448,374.22, below the average of 74,221,588,171.61. This places Zambia at rank 120 out of 161 countries in the dataset.

7. Total reserves (includes gold, current US$): Zambia's value is 1,203,448,374.22, below the average of 85,708,019,773.47. This places Zambia at rank 123 out of 161 countries in the dataset.

8. Total reserves in months of imports: Zambia's value is 2.17, below the average of 7.10. This places Zambia at rank 125 out of 151 countries in the dataset.

Summary

Zambia ranks below average in key macroeconomic indicators such as net acquisition of financial assets, central government debt, net incurrence of liabilities, total reserves, reserves and related items, total reserves minus gold, total reserves including gold, and total reserves in months of imports. These rankings indicate that Zambia's fiscal and external financial position is weaker compared to a significant portion of the countries in the dataset. This could potentially signal challenges in managing debt levels, maintaining adequate reserves for external obligations, and ensuring financial stability and liquidity in the economy.

Government Revenue

For Revenue, excluding grants (% of GDP), Zambia's value is 19.61%, which is below the average of 27.02%. Zambia ranks 85th out of 122 countries in this attribute.

Zambia's Grants and other revenue (% of revenue) is 22.79%, slightly below the average of 23.54%. The country ranks 34th out of 108 countries in this category.

Regarding Taxes on goods and services (% of revenue), Zambia's value of 29.15% is below the average of 31.82%. Zambia holds the 77th position out of 122 countries included in the data.

Zambia's Taxes on international trade (% of revenue) stand at 4.97%, lower than the average of 6.24%. In this attribute, Zambia ranks 40th out of 101 countries.

For Other taxes (% of revenue), Zambia is at 2.24%, slightly above the average of 2.12%. The country holds the 32nd rank out of 106 countries included in the data.

Lastly, Taxes on income, profits, and capital gains (% of revenue) for Zambia are at 40.84%, significantly higher than the average of 24.66%. Zambia ranks 12th out of 119 countries in this attribute.

Summary

Zambia's macroeconomic indicators reveal strengths and weaknesses in its revenue sources compared to global averages. While the country performs well in Taxes on income, profits, and capital gains, ranking 12th globally, it lags in Revenue excluding grants and Taxes on goods and services. These statistics are vital as they showcase Zambia's reliance on certain revenue streams, its fiscal management practices, and its competitiveness in the global market.

Taxes

1. Tax revenue (% of GDP): Zambia's tax revenue stands at 16.44% of GDP, slightly below the average of 16.72%. This places Zambia at rank 59 out of 123 countries in the dataset.

2. Taxes on exports (% of tax revenue): Zambia's taxes on exports are notably low at 0.04%, significantly below the average of 2.54%. This places Zambia at rank 21 out of 36 countries in the dataset.

3. Customs and other import duties (% of tax revenue): Zambia's customs and import duties account for 6.41% of tax revenue, lower than the average of 9.01%. This places Zambia at rank 43 out of 99 countries in the dataset.

4. Taxes on income, profits and capital gains (% of total taxes): Zambia relies heavily on income, profits, and capital gains for tax revenue, with a percentage of 52.90%, above the average of 38.40%. This places Zambia at rank 20 out of 120 countries in the dataset.

5. Tariff rate, applied, weighted mean, all products (%): Zambia's applied tariff rate of 4.82% is slightly lower than the average of 5.21%. This places Zambia at rank 65 out of 153 countries in the dataset.

Summary

Zambia demonstrates a lower tax revenue as a percentage of GDP compared to the average, ranking 59th out of 123 countries. The country's taxes on exports and customs/import duties are notably low as well, suggesting a potential area for revenue enhancement and trade policy review. However, Zambia relies heavily on income, profits, and capital gains for tax income, surpassing the average percentage, which could indicate a concentration risk in tax revenue sources. Additionally, the country's applied tariff rate is slightly below the global average, which may impact its trade competitiveness.

Government Expenses

Expense (% of GDP): In Zambia, expense as a percentage of GDP stands at 25.41%, which is below the average of 31.69%. Zambia ranks 81 out of 123 countries in this attribute data.

Compensation of employees (% of expense): Zambia allocates 32.38% of its expenses towards employee compensation, which is higher than the average of 24.70%. The country ranks 37 out of 123 in this category.

Goods and services expense (% of expense): Zambia's expenditure on goods and services is 17.14% of its total expenses, slightly above the average of 14.77%. The country ranks 39 out of 122 countries.

Interest payments (% of expense): Zambia dedicates 32.51% of its expenses to interest payments, significantly higher than the average of 6.85%. This places Zambia at the 2nd rank out of 121 countries.

Other expense (% of expense): Zambia's other expenses account for 6.14% of its total expenses, which is below the average of 8.29%. The country ranks 59 out of 120 in this category.

Subsidies and other transfers (% of expense): Zambia spends 11.83% of its expenses on subsidies and transfers, markedly lower than the average of 43.29%. Zambia's rank is 117 out of 121 countries in this dataset.

Summary

Zambia's expense as a percentage of GDP is below the average, with a significant portion allocated towards employee compensation and interest payments. The country's expenditure on goods and services is slightly above average, whereas spending on subsidies and transfers is notably lower. These indicators are crucial as they reflect how resources are allocated within the country's economy, highlighting areas of focus for potential improvements in efficiency and financial management.

Top Stats

Ranks in Top Decile For:

Attribute Rank/Total
Population ages 0-14 (% of total population) 17/194
Birth rate, crude (per 1,000 people) 17/192
Forest area (sq. km) 17/191
Total natural resources rents (% of GDP) 13/175
Forest rents (% of GDP) 9/174
Mineral rents (% of GDP) 2/86
Inflation, consumer prices (annual %) 10/165
Inflation, GDP deflator (annual %) 12/188
Broad money growth (annual %) 6/139
External debt stocks (% of GNI) 6/120
External balance on goods and services (% of GDP) 8/163
Current account balance (% of GDP) 11/170
Ores and metals exports (% of merchandise exports) 1/152
Travel services (% of service exports, BoP) 9/167
Travel services (% of commercial service exports) 10/167
International tourism, expenditures (% of total imports) 13/131
Renewable energy consumption (% of total final energy consumption) 17/191
Interest payments (% of expense) 2/121

Ranks in Bottom Decile For:

Attribute Rank/Total
Population ages 65 and above (% of total population) 191/194
Arms imports (SIPRI trend indicator values) 102/113
Armed forces personnel (% of total labor force) 151/164
Final consumption expenditure (% of GDP) 154/159
Households and NPISHs final consumption expenditure (% of GDP) 150/158
Stocks traded, total value (current US$) 69/71
Stocks traded, total value (% of GDP) 67/71
Market capitalization of listed domestic companies (current US$) 69/73
S&P Global Equity Indices (annual % change) 79/79
Communications, computer, etc. (% of service exports, BoP) 163/169
Computer, communications and other services (% of commercial service exports) 156/169
Air transport, registered carrier departures worldwide 136/149
Air transport, passengers carried 143/149
Individuals using the Internet (% of population) 169/180
Total reserves (% of total external debt) 101/102
Subsidies and other transfers (% of expense) 117/121