Zambia GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$1,187.11

Source: world bank Nominal/PPP
Summary:

Zambia GDP Per Capita expanded from 1960 to 2024, increasing from $221.56 to $1,187.11 .The compound annual growth rate (CAGR) averaged 2.66% over the period. The economy recorded its peak level in 2013 and its lowest level in 1962. Growth volatility remained high. The maximum drawdown reached 64.44%, indicating the largest cyclical decline from peak levels. The country experienced 14 recession episode(s) during the observed period.

Latest GDP Per Capita of Zambia 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 1,187.11 dollars$ 4,214.89 Int dollars
Growth (YoY)-10.792%3.382%
Net Change vs Previous Year$ -143.62 dollars$ 137.90 Int dollars
% of World GDP Per Capita1.07%2.11%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Zambia GDP | Zambia GDP Growth

Zambia Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960221.56-----
1961209.69-11.87-5.356 %---
1962202.28-7.41-3.535 %---
1963203.220.940.464 %---
1964229.9826.7613.168 %---
1965287.4357.4524.979 %---
1966325.0337.613.082 %---
1967340.5815.554.785 %---
1968387.0946.5113.655 %---
1969458.9871.8918.573 %---
1970413.9-45.08-9.821 %---
1971372.14-41.76-10.089 %---
1972409.7837.6410.114 %---
1973517.63107.8526.319 %---
1974601.183.4716.126 %---
1975489.51-111.6-18.565 %---
1976533.2343.738.933 %---
1977474.36-58.87-11.04 %---
1978514.3339.978.427 %---
1979595.4681.1215.772 %---
1980669.4273.9612.421 %---
1981669.890.470.07 %---
1982626.53-43.35-6.472 %---
1983520.46-106.08-16.931 %---
1984413.27-107.19-20.595 %---
1985332.17-81.1-19.623 %---
1986238.23-93.94-28.28 %---
198731576.7732.223 %---
1988504.49189.4960.154 %---
1989526.3621.884.336 %---
1990422.34-104.03-19.763 %1521.62--
1991423.070.730.174 %153412.380.813 %
1992389.25-33.82-7.993 %1505.03-28.97-1.889 %
1993390.921.660.427 %1606.67101.646.754 %
1994426.3935.479.074 %1464.06-142.61-8.876 %
1995433.316.931.624 %1501.3937.332.55 %
1996399.51-33.8-7.801 %1584.5883.195.541 %
1997465.8766.3616.61 %1631.1746.592.94 %
1998373.08-92.79-19.917 %1600.63-30.54-1.873 %
1999349.52-23.57-6.317 %1653.8453.213.324 %
2000359.439.912.836 %1708.5254.683.306 %
2001396.5537.1210.327 %1785.0776.554.481 %
2002393.86-2.68-0.677 %1837.07522.913 %
2003446.2952.4313.311 %1942.22105.155.724 %
2004548.69102.422.944 %2067.94125.726.473 %
2005710.98162.329.579 %2212.81144.877.006 %
20061051.72340.7447.925 %2377.99165.187.465 %
20071118.7367.016.372 %2554.69176.77.431 %
20081375.5256.7722.952 %2708.01153.326.001 %
20091136.24-239.26-17.394 %2872.46164.466.073 %
20101451.11314.8627.711 %3097.66225.27.84 %
20111624.87173.7611.974 %3228.49130.824.223 %
20121710.0585.185.242 %3323.6395.152.947 %
20131820.72110.676.472 %3477.28153.654.623 %
20141707.49-113.23-6.219 %3441.31-35.97-1.034 %
20151295.88-411.61-24.106 %3337.47-103.84-3.018 %
20161239.09-56.79-4.383 %3313.35-24.12-0.723 %
20171483.47244.3819.723 %3391.6378.282.362 %
20181463.9-19.57-1.319 %3442.2750.651.493 %
20191258.99-204.91-13.998 %3361.4-80.88-2.349 %
2020951.64-307.34-24.412 %3157.3-204.1-6.072 %
20211127.16175.5218.443 %3503.03345.7310.95 %
20221447.12319.9628.387 %3840.72337.699.64 %
20231330.73-116.4-8.043 %4077236.276.152 %
20241187.11-143.62-10.792 %4214.89137.93.382 %

Zambia Economic Phases (1960 - 2024)

From 1960 to 2024, Zambia economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1961–1962) indicating temporary slowdown
  • High Growth (1964–1966) indicating robust economic expansion
  • High Growth (1968–1969) indicating robust economic expansion
  • High Growth (1972–1974) indicating robust economic expansion
  • High Growth (1978–1980) indicating robust economic expansion
  • Crisis (1983–1986) indicating severe economic downturn
  • High Growth (1987–1988) indicating robust economic expansion
  • High Growth (2003–2008) indicating robust economic expansion
  • High Growth (2010–2013) indicating robust economic expansion
  • Crisis (2019–2020) indicating severe economic downturn
  • High Growth (2021–2022) indicating robust economic expansion
  • Crisis (2024–2024) indicating severe economic downturn

The most remarkable growth occurred in 1988 with an increase of 60.154%, while the largest decline was in 1986 at -28.28%.