External balance on goods and services in Zambia
Zambia: External balance on goods and services was 1.88 billion current US$ 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 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$, in 2015.
That places Zambia 61st out of 192 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -189.13 million current US$ | -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
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 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
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.