household debts in Zambia

Gross debt in Zambia

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Zambia in the period from 1998 to 2020 was between 879.7 million and 23.3 billion USD. The highest level of the last years at 23 billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 1,231 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.

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Gross debt of the last 22 years in billion USD

YearZambia totalZambia per capitaEU per capita
19980.94 bn USD95 USD14,079 USD
19990.88 bn USD87 USD14,032 USD
20009.40 bn USD902 USD11,232 USD
20018.61 bn USD805 USD11,255 USD
20027.56 bn USD689 USD12,258 USD
20037.82 bn USD694 USD15,286 USD
20048.08 bn USD700 USD17,595 USD
20056.31 bn USD532 USD18,327 USD
20063.19 bn USD262 USD18,877 USD
20073.08 bn USD246 USD20,898 USD
20083.44 bn USD268 USD24,086 USD
20093.15 bn USD238 USD25,361 USD
20103.83 bn USD281 USD26,496 USD
20114.88 bn USD348 USD29,231 USD
20126.49 bn USD448 USD28,174 USD
20137.59 bn USD509 USD29,981 USD
20149.81 bn USD637 USD30,648 USD
201513.98 bn USD860 USD25,918 USD
201612.77 bn USD762 USD26,261 USD
201717.16 bn USD992 USD27,024 USD
201821.14 bn USD1,185 USD28,448 USD
201922.70 bn USD1,235 USD27,168 USD
202023.31 bn USD1,231 USD30,783 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Zambia       European Union

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