External balance on goods and services in Zambia

Zambia: External balance on goods and services was 1.88 billion current US$ in 2024. ◆ Volatile

Latest (2024)
1.88 billion current US$
Change on year
up 97.5%
World rank
61st
of 192 countries
All-time high
4.03 billion current US$
in 2021
All-time low
-1.19 billion current US$
in 2015
Years of data
31
1994–2024

External balance on goods and services in Zambia, 1994–2024

-2.0B02.0B4.0B1994200920241994: -27.4M current US$1995: -130.4M current US$1996: -246.9M current US$1997: -151.9M current US$1998: -248.2M current US$1999: -330.0M current US$2000: -451.5M current US$2001: -591.6M current US$2002: -446.6M current US$2003: -536.5M current US$2004: -232.2M current US$2005: -81.6M current US$2006: 935.0M current US$2007: 198.3M current US$2008: -289.5M current US$2009: 364.9M current US$2010: 1.2B current US$2011: 1.9B current US$2012: 1.2B current US$2013: 142.8M current US$2014: 393.8M current US$2015: -1.2B current US$2016: -693.6M current US$2017: -414.0M current US$2018: 270.1M current US$2019: 112.2M current US$2020: 2.6B current US$2021: 4.0B current US$2022: 3.2B current US$2023: 951.5M current US$2024: 1.9B current US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

Zambia recorded 1.88 billion current US$ for external balance on goods and services in 2024.

That represents a change of up 97.5% on the previous year and up 377.3% over ten years.

Over the whole period, external balance on goods and services in Zambia peaked at 4.03 billion current US$ in 2021 and was at its lowest, -1.19 billion current US$, in 2015.

That places Zambia 61st out of 192 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -189.13 million current US$ -329.98 million current US$ -27.42 million current US$ 6
2000s -113.13 million current US$ -591.60 million current US$ 934.96 million current US$ 10
2010s 300.52 million current US$ -1.19 billion current US$ 1.91 billion current US$ 10
2020s 2.53 billion current US$ 951.54 million current US$ 4.03 billion current US$ 5

Countries ranked near Zambia

  1. 58 Chad 2.73 billion current US$ compare
  2. 59 Cyprus 2.33 billion current US$ compare
  3. 60 Equatorial Guinea 2.32 billion current US$ compare
  4. 62 Mongolia 1.38 billion current US$ compare
  5. 63 Burkina Faso 1.37 billion current US$ compare
  6. 64 Ghana 953.40 million current US$ compare

See the full ranking of 192 places →

More economy & growth data for Zambia

All data for Zambia →

Frequently asked questions

What is external balance on goods and services in Zambia?
External balance on goods and services in Zambia was 1.88 billion current US$ 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 4.03 billion current US$ in 2021.
What is the lowest external balance on goods and services recorded in Zambia?
The lowest recorded value was -1.19 billion current US$ in 2015.
How does Zambia rank for external balance on goods and services?
Zambia ranks 61st 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 377.3%. 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 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
External balance on goods and services (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,040 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.