External balance on goods and services in Zambia
Zambia: External balance on goods and services was 49.19 billion current LCU in 2024. ◆ Volatile
External balance on goods and services in Zambia, 1994–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, external balance on goods and services in Zambia stood at 49.19 billion current LCU.
Compared with earlier readings it is up 155.7% on the previous year and up 1,929.1% over ten years.
Over the whole period, external balance on goods and services in Zambia peaked at 80.61 billion current LCU in 2021 and was at its lowest, -10.25 billion current LCU, in 2015.
That places Zambia 44th out of 192 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -313.17 million current LCU | -788.00 million current LCU | -18.35 million current LCU | 6 |
| 2000s | -459.89 million current LCU | -2.54 billion current LCU | 3.37 billion current LCU | 10 |
| 2010s | 769.43 million current LCU | -10.25 billion current LCU | 9.29 billion current LCU | 10 |
| 2020s | 50.23 billion current LCU | 19.23 billion current LCU | 80.61 billion current LCU | 5 |
Countries ranked near Zambia
More economy & growth data for Zambia
- DEC alternative conversion factor 25.13 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 16.91 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 673.13 million current US$ (2025)
- Taxes less subsidies on products 25.61 billion current LCU (2025)
- Taxes less subsidies on products 1.02 billion current US$ (2025)
- Net primary income (Net income from abroad) -64.49 billion current LCU (2025)
- Net primary income (Net income from abroad) -2.57 billion current US$ (2025)
- GNI per capita 30,170 current LCU (2025)
- GNI per capita, Atlas method 1,200 current US$ (2025)
- GNI 661.15 billion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Zambia?
- External balance on goods and services in Zambia was 49.19 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Zambia?
- The highest recorded value was 80.61 billion current LCU in 2021.
- What is the lowest external balance on goods and services recorded in Zambia?
- The lowest recorded value was -10.25 billion current LCU in 2015.
- How does Zambia rank for external balance on goods and services?
- Zambia ranks 44th out of 192 countries with data for 2024.
- Is external balance on goods and services rising or falling in Zambia?
- Over the last ten years it is up 1,929.1%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.