Zambia

Continent

Africa

Capital

Lusaka

Population

20,799,116

Sub-Zones

General Information

Basic details about Zambia

Population:: 20,799,116
Area:: 752,618 sq km
Currency:: Zambian kwacha
Languages:: Bemba 33.4, Nyanja 14.7, Tonga 11.4, Lozi 5.5, Chewa 4.5, Nsenga 2.9, Tumbuka 2.5, Lunda, Kaonde 1.8, Lala 1.8

Economic Overview

Key economic indicators for Zambia

GDP:: $76.129 billion
GDP per Capita:: $3,700
GDP Growth:: 5.37%
Inflation:: 10.88%
Unemployment:: 5.91%
Public Debt:: 71.41% of GDP
Credit Rating:: SD (2020)

Political System

Governance structure of Zambia

Government Type:: presidential republic
Head of State:: President Hakainde HICHILEMA (since 24 August 2021)
Head of Government:: President Hakainde HICHILEMA (since 24 August 2021)
Judiciary:: Supreme Court (consists of the chief justice, deputy chief justice, and at least 11 judges); Constitutional Court (consists of the court president, vice president, and 11 judges); note - the Constitutional Court began operation in June 2016
Administrative Divisions:: 10 provinces; Central, Copperbelt, Eastern, Luapula, Lusaka, Muchinga, Northern, North-Western, Southern, Western

Major Political Parties

Not specified

International Relations

Global position and alliances

UN Member:: Yes
EU Member:: No
Diplomatic Presence:: 2200 R Street NW, Washington, DC 20008

Major Alliances and Organizations

Economic Sectors & Trade

Detailed economic breakdown

Major Economic Sectors

Agriculture

2.2% (2023 est.)

Industry

35.1% (2023 est.)

Services

56.8% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

Trade Volume

Exports:: $11.454 billion
Imports:: $10.854 billion

Major Trading Partners

Switzerland 27

China 15

India 13

UAE 12

DRC 10

Economic Outlook

Zambia has a 5.37% GDP growth rate with 10.88% inflation. The economy is characterized by a strong agriculture sector.