Zambia recorded a government debt equivalent to 59 percent of the country's Gross Domestic Product in 2018. source: Bank of Zambia

Government Debt to GDP in Zambia averaged 122.65 percent from 1990 until 2018, reaching an all time high of 277.53 percent in 1991 and a record low of 28.80 percent in 2013. This page provides - Zambia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia Government Debt to GDP - values, historical data and charts - was last updated on November of 2020.

Government Debt to GDP in Zambia is expected to reach 90.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia Government Debt to GDP is projected to trend around 85.00 percent in 2021 and 80.00 percent in 2022, according to our econometric models.

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Zambia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
59.00 55.60 277.53 28.80 1990 - 2018 percent Yearly

Zambia Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.00 55.60 277.53 28.80 percent [+]
Government Budget -7.30 -7.60 18.30 -10.50 percent of GDP [+]
Military Expenditure 386.00 340.00 436.00 91.00 USD Million [+]
Government Debt 11202.80 10047.80 11202.80 1106.50 USD Million [+]
Credit Rating 33.75 [+]

Zambia Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.