Net lending (+) / net borrowing (-) in Zambia

Zambia: Net lending (+) / net borrowing (-) was -21.06 billion current LCU in 2024. ◆ Volatile

Latest (2024)
-21.06 billion current LCU
Change on year
down 5.9%
World rank
85th
of 156 countries
All-time high
1.20 billion current LCU
in 2007
All-time low
-43.61 billion current LCU
in 2020
Years of data
26
1998–2024

Net lending (+) / net borrowing (-) in Zambia, 1998–2024

-40.0B-30.0B-20.0B-10.0B01998201120241998: -186.8M current LCU1999: -29.6M current LCU2001: 240.6M current LCU2002: -274.5M current LCU2003: 218.1M current LCU2004: 514.1M current LCU2005: -1.5B current LCU2006: 844.5M current LCU2007: 1.2B current LCU2008: -167.9M current LCU2009: -573.7M current LCU2010: -1.1B current LCU2011: -1.1B current LCU2012: 309.7M current LCU2013: -6.7B current LCU2014: -9.5B current LCU2015: -14.7B current LCU2016: -12.2B current LCU2017: -13.0B current LCU2018: -24.2B current LCU2019: -23.7B current LCU2020: -43.6B current LCU2021: -16.1B current LCU2022: -3.8B current LCU2023: -19.9B current LCU2024: -21.1B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for net lending (+) / net borrowing (-) in Zambia is -21.06 billion current LCU, measured in 2024.

The figure is down 5.9% on the previous year and down 122.8% over ten years.

Over the whole period, net lending (+) / net borrowing (-) in Zambia peaked at 1.20 billion current LCU in 2007 and was at its lowest, -43.61 billion current LCU, in 2020.

That places Zambia 85th out of 156 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Net lending (+) / net borrowing (-) in Zambia, year by year

Annual values for Net lending (+) / net borrowing (-) (current LCU) in Zambia, 1998 to 2024.
Year current LCU Change
1998 -186.80 million current LCU
1999 -29.60 million current LCU -84.2%
2001 240.56 million current LCU -912.7%
2002 -274.45 million current LCU -214.1%
2003 218.12 million current LCU -179.5%
2004 514.15 million current LCU +135.7%
2005 -1.49 billion current LCU -389.9%
2006 844.50 million current LCU -156.6%
2007 1.20 billion current LCU +42.7%
2008 -167.90 million current LCU -113.9%
2009 -573.70 million current LCU +241.7%
2010 -1.10 billion current LCU +90.9%
2011 -1.15 billion current LCU +4.8%
2012 309.69 million current LCU -127.0%
2013 -6.68 billion current LCU -2255.6%
2014 -9.45 billion current LCU +41.6%
2015 -14.72 billion current LCU +55.8%
2016 -12.24 billion current LCU -16.9%
2017 -13.00 billion current LCU +6.2%
2018 -24.16 billion current LCU +85.9%
2019 -23.66 billion current LCU -2.1%
2020 -43.61 billion current LCU +84.3%
2021 -16.06 billion current LCU -63.2%
2022 -3.75 billion current LCU -76.6%
2023 -19.88 billion current LCU +430.0%
2024 -21.06 billion current LCU +5.9%

Zambia compared with similar countries

  • Zambia's -21.06 billion current LCU is below the median for lower middle income countries, which is -13.47 billion current LCU, 1.6× the median. (36 countries reporting)
  • Zambia's -21.06 billion current LCU is above the median for Sub-Saharan Africa, which is -84.53 billion current LCU, 25% of the median. (36 countries reporting)

Biggest year-on-year movements

Years where Net lending (+) / net borrowing (-) 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.

YearChange FromTo
2013 -2255.6% 309.69 million current LCU -6.68 billion current LCU
2001 +912.7% -29.60 million current LCU 240.56 million current LCU

Averages by decade

DecadeAverage LowestHighest Years
1990s -108.20 million current LCU -186.80 million current LCU -29.60 million current LCU 2
2000s 57.27 million current LCU -1.49 billion current LCU 1.20 billion current LCU 9
2010s -10.58 billion current LCU -24.16 billion current LCU 309.69 million current LCU 10
2020s -20.87 billion current LCU -43.61 billion current LCU -3.75 billion current LCU 5

Countries ranked near Zambia

  1. 82 Cape Verde -16.52 billion current LCU compare
  2. 83 Trinidad and Tobago -16.84 billion current LCU compare
  3. 84 Austria -17.68 billion current LCU compare
  4. 86 Niger -21.29 billion current LCU
  5. 87 Honduras -26.00 billion current LCU compare
  6. 88 Albania -26.12 billion current LCU compare

See the full ranking of 156 places →

More public sector data for Zambia

All data for Zambia →

Frequently asked questions

What is net lending (+) / net borrowing (-) in Zambia?
Net lending (+) / net borrowing (-) in Zambia was -21.06 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest net lending (+) / net borrowing (-) recorded in Zambia?
The highest recorded value was 1.20 billion current LCU in 2007.
What is the lowest net lending (+) / net borrowing (-) recorded in Zambia?
The lowest recorded value was -43.61 billion current LCU in 2020.
How does Zambia rank for net lending (+) / net borrowing (-)?
Zambia ranks 85th out of 156 countries with data for 2024.
Is net lending (+) / net borrowing (-) rising or falling in Zambia?
Over the last ten years it is down 122.8%. 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 Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.

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Net lending (+) / net borrowing (-) in Zambia. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 22 September 2026, from https://public-sector.statizoid.com/stat/net-lending-net-borrowing-current-lcu/zambia/

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About this data

Indicator
Net lending (+) / net borrowing (-) (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,460 data points, 1972–2024
Last refreshed

Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.