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ZAMBIA
(US $ m, unless otherwise stated)
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1999
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2000
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2001
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2002
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2003
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2004
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2005
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2006
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2007
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2008
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Population
(millions)
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10.2
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10.3
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10.5
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10.8
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11.1
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11.1
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11.1
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Nominal
GDP at market prices ( US $ m )
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3,132
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3,239
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3,640
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3,776
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4,318
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5,448
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7,269
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10,705
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11,582
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14,800
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Real
GDP growth rate, %
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4.9
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3.7
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4.9
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3.3
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5.1
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5.4
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5.0
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6.2
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6.2
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6.0
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GDP
per capita, USD
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307.1
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314.5
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346.7
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349.6
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389.0
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490.8
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654.9
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907.3
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952.4
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1,181.5
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Private
Consumption as % of GDP
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81.4
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87.4
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87.1
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86.8
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81.1
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63.8
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68.7
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49.1
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56.8
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59.3
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Inflation
rate, %
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20.6
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30.1
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18.8
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26.7
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17.2
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17.5
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15.9
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8.2
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8.9
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16.6
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Merchandise
exports as % of GDP
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24.1
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23.0
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24.3
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24.3
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24.6
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32.6
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29.7
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35.6
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39.9
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32.0
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Merchandise
imports as % of GDP
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27.8
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30.2
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34.4
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31.9
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32.3
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31.7
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29.7
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24.2
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31.8
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29.9
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Capital
account of balance of payments ( U S $ m )
|
153
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153
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222
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236
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240
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239
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2080
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2,632.8
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222.8
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230.0
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Foreign
direct investment as % of GDP
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5.2
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3.8
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2.0
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8.0
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8.0
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6.7
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6.6
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5.7
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11.6
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6.2
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Overall
balance on balance of payments (
U S $ m )
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-334
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-418
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-289
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-331
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-275
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-343
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70
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264.0
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352.3
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28.6
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Terms
of Trade (percentage change)
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-7.9
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-4.3
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-1.3
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-7.3
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4.4
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21.4
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5.5
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1.8
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0.3
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Average
exchange rate: ZMK to USD
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2388
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3111
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3608
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4307
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4743
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4772
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4464
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3,602.10
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4,002.52
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3,745.23
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Foreign
exchange reserves expressed in terms of months of import cover
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0.5
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1.0
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0.8
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2.1
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1.3
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1.2
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1.6
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2.2
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2.5
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2.1
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Total
external debt as % of GDP
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204.6
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193.0
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199.7
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171.8
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151.6
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130.0
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n.a.
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16.7
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18.4
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14.3
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Total
external debt service as % of exports
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14.7
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15.7
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13.1
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10.9
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14.6
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18.3
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6.7
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1.7
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18.7
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Central
bank discount rate (end of year), %
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46.2
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44.1
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52.5
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34.0
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20.2
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18.3
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17.1
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10.7
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13.5
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15.9
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Prime
lending rate (average for year), %
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40.3
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39.1
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45.8
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45.3
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40.5
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30.9
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28.2
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23.2
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18.9
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19.1
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Growth
rate of M2 money supply, %
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28.8
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77.9
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13.1
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29.3
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23.5
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25.8
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1.2
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48.6
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23.0
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20.9
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Domestic
credit to government ( U S $ m )
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290.3
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433.7
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495.5
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405.0
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24.5
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23.3
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51.6
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561.6
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484.2
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478.4
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Domestic
credit to private sector (US $ m)
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292.1
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363.2
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339.5
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218.8
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255.9
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260.0
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472.4
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693.2
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1,120.8
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1,128.9
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