Interest payments in Zambia
Zambia: Interest payments was 28.3% in 2024. ◆ Volatile
Interest payments in Zambia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for interest payments in Zambia is 28.3%, measured in 2024.
The figure is down 0.5% on the previous year and up 83.3% over ten years.
Over the whole period, interest payments in Zambia peaked at 44.5% in 2019 and was at its lowest, 4.4%, in 2011.
Zambia ranks 8th of 155 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Zambia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 7.1% | — |
| 1991 | 31.9% | +347.7% |
| 1992 | 15.1% | -52.8% |
| 1993 | 12.9% | -14.4% |
| 1998 | 13.5% | +4.3% |
| 1999 | 14.1% | +4.4% |
| 2001 | 5.3% | -62.5% |
| 2002 | 14.5% | +174.2% |
| 2003 | 19.7% | +36.5% |
| 2004 | 21.1% | +6.8% |
| 2005 | 17.9% | -15.2% |
| 2006 | 7.7% | -57.2% |
| 2007 | 4.7% | -39.0% |
| 2008 | 9.2% | +96.1% |
| 2009 | 8.3% | -9.7% |
| 2010 | 9.5% | +14.9% |
| 2011 | 4.4% | -53.3% |
| 2012 | 7.6% | +71.8% |
| 2013 | 9.0% | +18.5% |
| 2014 | 15.5% | +71.4% |
| 2015 | 19.8% | +27.9% |
| 2016 | 24.8% | +25.7% |
| 2017 | 24.1% | -2.8% |
| 2018 | 33.2% | +37.5% |
| 2019 | 44.5% | +33.9% |
| 2020 | 38.8% | -12.7% |
| 2021 | 27.4% | -29.5% |
| 2022 | 24.3% | -11.1% |
| 2023 | 28.5% | +17.0% |
| 2024 | 28.3% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.8% | 7.1% | 31.9% | 6 |
| 2000s | 12.0% | 4.7% | 21.1% | 9 |
| 2010s | 19.2% | 4.4% | 44.5% | 10 |
| 2020s | 29.5% | 24.3% | 38.8% | 5 |
Countries ranked near Zambia
More public sector data for Zambia
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.0469 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -80 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 16.4 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0138 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -7.29 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 349.67 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 6.73 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Zambia?
- Interest payments in Zambia was 28.3% 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 44.5% in 2019.
- What is the lowest interest payments recorded in Zambia?
- The lowest recorded value was 4.4% in 2011.
- How does Zambia rank for interest payments?
- Zambia ranks 8th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Zambia?
- Over the last ten years it is up 83.3%. 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.