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Zambia Fiscal Balance

-3.8% GDPas of 2025

Zambia's fiscal balance stands at -3.8% GDP as of 2025. The indicator has increased from -5.4% in 2014 to -3.8% in 2025. Source: IMF WEO.

Historical trend (20142025)

Fiscal Balance — Year by Year

YearValueChange
2014-5.4% GDP
2015-8.9% GDP-3.5pp
2016-5.7% GDP+3.2pp
2017-7.5% GDP-1.8pp
2018-8.3% GDP-0.8pp
2019-9.4% GDP-1.1pp
2020-13.8% GDP-4.4pp
2021-8.1% GDP+5.7pp
2022-7.8% GDP+0.3pp
2023-5.5% GDP+2.3pp
2024-3.5% GDP+2.0pp
2025-3.8% GDP-0.3pp
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.

Other indicators for Zambia

GDP Growth
3.8%
Inflation (CPI)
13.9%
Unemployment
5.9%
Debt / GDP
86%
Investment / GDP
23.8%

Fiscal Balance in other countries

🇿🇦
South Africa
-5.8% GDP
🇳🇬
Nigeria
-1.8% GDP
🇪🇬
Egypt
-6.6% GDP
🇪🇹
Ethiopia
-1.2% GDP