Zambia Debt to GDP Ratio 1990-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Zambia debt to gdp ratio for 2021 was 71.41%, a 32.13% decline from 2020.
  • Zambia debt to gdp ratio for 2020 was 103.54%, a 41.61% increase from 2019.
  • Zambia debt to gdp ratio for 2019 was 61.93%, a 2.22% increase from 2018.
  • Zambia debt to gdp ratio for 2018 was 59.71%, a 7.43% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Vanuatu 87.07%
Zambia 71.41%
Mongolia 66.92%
El Salvador 65.98%
Kyrgyz Republic 59.34%
Georgia 54.73%
Papua New Guinea 52.58%
Indonesia 44.40%
Eswatini 35.40%
Moldova 32.12%
Zambia Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2021 71.41% -32.13%
2020 103.54% 41.61%
2019 61.93% 2.22%
2018 59.71% 7.43%
2017 52.28% 5.85%
2016 46.43% -2.97%
2015 49.41% 5.01%
2014 44.40% 20.17%
2013 24.22% 0.74%
2012 23.49% 5.44%
2011 18.05% 0.73%
2010 17.32% -143.91%
1998 161.23% 11.16%
1997 150.07% -25.86%
1996 175.93% 20.66%
1995 155.28% 6.07%
1994 149.21% -12.58%
1993 161.79% -2.91%
1992 164.70% -112.83%
1991 277.53% 33.15%
1990 244.38% 33.15%