An error occured. Details Hide
You have unsaved pages. Restore Cancel

Zambia Country Profile

 
Basic Facts

Area: 762,614 Km2

Geographic Location: Located in Southern Africa, neighbouring the Democratic Republic of the Congo to the north, Tanzania to the north-east, Malawi to the east, Mozambique, Zimbabwe, Botswana and Namibia to the south, and Angola to the west

Natural Resources: Copper, cobalt, gold

Population (2015): 16,211,767 inhabitants

President: Edgar Chagwa Lungu

Capital City: Lusaka

Official Language: Bemba (official) 30.1%, Nyanja (official) 10.7%, Tonga (official) 10.6%, Lozi (official) 5.7%, Chewa 4.9%, Nsenga 3.4%, Tumbuka 2.5%, Lunda (official) 2.2%, Kaonde (official) 2%, Lala 2%, Luvale (official) 1.7%, English (official) 1.7%, other 22.5%

Population Administrative Division: 10 provinces

Government: http://www.zambia.gov.zm/

National Investment Promotion Agency: http://www.zda.org.zm/

Source: AfDB Socio Economic Database, United Nations Conference on Trade and Development (UNCTAD), Zambia Development Agency

 
Economic Indicators

Production

GDP (current USD, 2015): 31.9 billion

GDP per capita (current USD, 2015): 1,966

Global competitiveness index (2015): 96 (world rank out of 140 countries, 2014-2015)

Annual growth rate of GDP per capita (constant prices, 2015): 3.32%

Consumer price index (annual variation rate, 2015): 7.64%

Monetary System

Denomination (ISO): Zambian Kwacha (ZMK)

Source: UNCTAD

Foreign Exchange Evolution
Average for PeriodUSD/ZMKEUR/ZMK
2011 4.861 6.757
2012 5.147 6.614
2013 5.396 7.164
2014 6.153 8.163
Social Indicators

Population (2015)8,244,830 inhabitants

Population growth (annual rate, 2015): 3.12%

Literacy rate (2010): 71.21%

Life expectancy (2015): 60.82 years

Urban population (2015): 39.18%

Human development index (2014): 139 (position in the world rank, 186 countries)

Quality of life:

Source:

 
Foreign Trade

Main Exports and Imports by geographic location (percent)

(Graph 1: Main export destinations)

(Graph 2: Main exports by Product)

(Graph 3: Main suppliers of imports)

(Graph 4: Main imports by Product)

Total exports (USD, 2014): 9.7 billion

Tax Regime

Income tax: 35%

Corporate tax: 35%

Value-added tax (VAT): 16%

Minimum capital requirement:

Time required to start a business (days): 7.5

Source: KPMG, World Bank

Strategic Sectors
 
 
 

Our Privacy Statement & Cookie Policy

Our website uses cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your personal cookie settings through your internet browser settings.

Privacy Policy