General government final consumption expenditure in Zambia

Zambia: General government final consumption expenditure was 83.94 billion current LCU in 2024. ◆ Volatile

Latest (2024)
83.94 billion current LCU
Change on year
up 13.1%
World rank
112th
of 186 countries
All-time high
83.94 billion current LCU
in 2024
All-time low
9.12 billion current LCU
in 2010
Years of data
15
2010–2024

General government final consumption expenditure in Zambia, 2010–2024

020.0B40.0B60.0B80.0B2010201720242010: 9.1B current LCU2011: 11.7B current LCU2012: 15.6B current LCU2013: 18.4B current LCU2014: 24.3B current LCU2015: 27.1B current LCU2016: 34.7B current LCU2017: 33.8B current LCU2018: 35.0B current LCU2019: 53.1B current LCU2020: 48.9B current LCU2021: 51.0B current LCU2022: 71.4B current LCU2023: 74.2B current LCU2024: 83.9B current LCU

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

Analysis

In 2024, general government final consumption expenditure in Zambia stood at 83.94 billion current LCU. That is the highest value across all 15 years on record.

The figure is up 13.1% on the previous year and up 246.0% over ten years.

Over the whole period, general government final consumption expenditure in Zambia peaked at 83.94 billion current LCU in 2024 and was at its lowest, 9.12 billion current LCU, in 2010.

Zambia ranks 112th of 186 countries on this measure, 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
2010s 26.28 billion current LCU 9.12 billion current LCU 53.13 billion current LCU 10
2020s 65.88 billion current LCU 48.88 billion current LCU 83.94 billion current LCU 5

Countries ranked near Zambia

  1. 109 Nicaragua 92.55 billion current LCU compare
  2. 110 New Zealand 90.99 billion current LCU compare
  3. 111 Botswana 84.72 billion current LCU compare
  4. 113 Libya 82.36 billion current LCU compare
  5. 114 Singapore 80.94 billion current LCU compare
  6. 115 Mauritania 74.49 billion current LCU compare

See the full ranking of 186 places →

More economy & growth data for Zambia

All data for Zambia →

Frequently asked questions

What is general government final consumption expenditure in Zambia?
General government final consumption expenditure in Zambia was 83.94 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest general government final consumption expenditure recorded in Zambia?
The highest recorded value was 83.94 billion current LCU in 2024.
What is the lowest general government final consumption expenditure recorded in Zambia?
The lowest recorded value was 9.12 billion current LCU in 2010.
How does Zambia rank for general government final consumption expenditure?
Zambia ranks 112th out of 186 countries with data for 2024.
Is general government final consumption expenditure rising or falling in Zambia?
Over the last ten years it is up 246.0%. 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 General government final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
General government final consumption expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,735 data points, 1960–2025
Last refreshed

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.