Indicators of economy in Zambia

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Zambia, on the other hand, reached USD 1,137 per capita, or 22.15 billion USD for the whole country. Zambia is one of the smaller economies and is currently ranked 113. If this is calculated per inhabitant, taking purchasing power parity into account, then Zambia ranks 160th in the list of the richest countries.

Inflation in Zambia in 2021 was around 22.02%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 68.3 percent lower.
The index for perceived corruption in the public sector is 33, which is below average by global standards.


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