Interest payments in Zambia
Zambia: Interest payments was 47.29 billion current LCU in 2024. ◆ Volatile
Interest payments in Zambia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Zambia recorded 47.29 billion current LCU for interest payments in 2024. That is the highest value across all 30 years on record.
The figure is up 13.4% on the previous year and up 878.3% over ten years.
Over the whole period, interest payments in Zambia peaked at 47.29 billion current LCU in 2024 and was at its lowest, 1.67 million current LCU, in 1990.
Zambia ranks 67th of 155 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.
Interest payments in Zambia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 1.67 million current LCU | — |
| 1991 | 14.10 million current LCU | +743.9% |
| 1992 | 21.60 million current LCU | +53.2% |
| 1993 | 38.97 million current LCU | +80.4% |
| 1998 | 206.00 million current LCU | +428.7% |
| 1999 | 259.30 million current LCU | +25.9% |
| 2001 | 136.63 million current LCU | -47.3% |
| 2002 | 419.79 million current LCU | +207.2% |
| 2003 | 950.68 million current LCU | +126.5% |
| 2004 | 1.34 billion current LCU | +40.7% |
| 2005 | 1.43 billion current LCU | +6.7% |
| 2006 | 625.20 million current LCU | -56.2% |
| 2007 | 568.56 million current LCU | -9.1% |
| 2008 | 1.09 billion current LCU | +92.1% |
| 2009 | 1.05 billion current LCU | -3.6% |
| 2010 | 1.53 billion current LCU | +45.5% |
| 2011 | 1.06 billion current LCU | -30.5% |
| 2012 | 1.83 billion current LCU | +72.0% |
| 2013 | 2.42 billion current LCU | +32.0% |
| 2014 | 4.83 billion current LCU | +100.1% |
| 2015 | 7.20 billion current LCU | +48.9% |
| 2016 | 10.64 billion current LCU | +47.8% |
| 2017 | 11.76 billion current LCU | +10.6% |
| 2018 | 18.66 billion current LCU | +58.6% |
| 2019 | 27.70 billion current LCU | +48.5% |
| 2020 | 27.45 billion current LCU | -0.9% |
| 2021 | 29.50 billion current LCU | +7.5% |
| 2022 | 31.23 billion current LCU | +5.9% |
| 2023 | 41.69 billion current LCU | +33.5% |
| 2024 | 47.29 billion current LCU | +13.4% |
Zambia compared with similar countries
- Zambia's 47.29 billion current LCU is above the median for lower middle income countries, which is 39.26 billion current LCU, 1.2× the median. (36 countries reporting)
- Zambia's 47.29 billion current LCU is below the median for Sub-Saharan Africa, which is 106.55 billion current LCU, 44% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Interest payments in Zambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +743.9% | 1.67 million current LCU | 14.10 million current LCU |
| 1998 | +428.7% | 38.97 million current LCU | 206.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 90.27 million current LCU | 1.67 million current LCU | 259.30 million current LCU | 6 |
| 2000s | 845.44 million current LCU | 136.63 million current LCU | 1.43 billion current LCU | 9 |
| 2010s | 8.76 billion current LCU | 1.06 billion current LCU | 27.70 billion current LCU | 10 |
| 2020s | 35.43 billion current LCU | 27.45 billion current LCU | 47.29 billion current LCU | 5 |
Countries ranked near Zambia
More public sector data for Zambia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Zambia?
- Interest payments in Zambia was 47.29 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Zambia?
- The highest recorded value was 47.29 billion current LCU in 2024.
- What is the lowest interest payments recorded in Zambia?
- The lowest recorded value was 1.67 million current LCU in 1990.
- How does Zambia rank for interest payments?
- Zambia ranks 67th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Zambia?
- Over the last ten years it is up 878.3%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.