Debt service (PPG and IMF only, % of exports of goods, services and) in Zambia
Zambia: Debt service (PPG and IMF only, % of exports of goods, services and) was 5.9% in 2024. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Zambia, 1979–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
Zambia recorded 5.9% for debt service (ppg and imf only, % of exports of goods, services and) in 2024.
Compared with earlier readings it is up 61.6% on the previous year and up 166.2% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Zambia peaked at 52.1% in 1986 and was at its lowest, 0.8%, in 2010.
Zambia ranks 75th of 118 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service (PPG and IMF only, % of exports of goods, services and) in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 18.9% | — |
| 1980 | 22.8% | +20.7% |
| 1981 | 32.5% | +42.1% |
| 1982 | 29.9% | -7.9% |
| 1983 | 28.7% | -3.9% |
| 1984 | 25.0% | -13.1% |
| 1985 | 15.7% | -37.1% |
| 1986 | 52.1% | +231.2% |
| 1987 | 19.0% | -63.5% |
| 1988 | 15.1% | -20.5% |
| 1989 | 13.3% | -11.8% |
| 1990 | 14.5% | +9.0% |
| 1991 | 46.7% | +221.5% |
| 1997 | 18.3% | -60.8% |
| 1998 | 19.6% | +7.3% |
| 1999 | 14.6% | -25.5% |
| 2000 | 18.5% | +26.6% |
| 2001 | 16.3% | -12.1% |
| 2002 | 18.6% | +14.4% |
| 2003 | 40.2% | +116.2% |
| 2004 | 17.9% | -55.5% |
| 2005 | 6.5% | -63.4% |
| 2006 | 1.7% | -74.4% |
| 2007 | 0.9% | -47.9% |
| 2008 | 1.3% | +50.5% |
| 2009 | 1.5% | +13.9% |
| 2010 | 0.8% | -44.2% |
| 2011 | 0.9% | +1.9% |
| 2012 | 1.5% | +81.1% |
| 2013 | 2.4% | +56.4% |
| 2014 | 2.2% | -8.0% |
| 2015 | 4.6% | +108.4% |
| 2016 | 7.8% | +68.4% |
| 2017 | 6.9% | -12.1% |
| 2018 | 8.8% | +27.9% |
| 2019 | 13.1% | +49.6% |
| 2020 | 8.4% | -36.1% |
| 2021 | 2.9% | -64.9% |
| 2022 | 3.7% | +26.0% |
| 2023 | 3.7% | -1.4% |
| 2024 | 5.9% | +61.6% |
Zambia compared with similar countries
- Zambia's 5.9% is below the median for lower middle income countries, which is 8.4%, 70% of the median. (43 countries reporting)
- Zambia's 5.9% is below the median for Sub-Saharan Africa, which is 8.0%, 74% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.9% | 18.9% | 18.9% | 1 |
| 1980s | 25.4% | 13.3% | 52.1% | 10 |
| 1990s | 22.7% | 14.5% | 46.7% | 5 |
| 2000s | 12.3% | 0.9% | 40.2% | 10 |
| 2010s | 4.9% | 0.8% | 13.1% | 10 |
| 2020s | 4.9% | 2.9% | 8.4% | 5 |
Countries ranked near Zambia
More external debt data for Zambia
- IFC, private nonguaranteed -21.36 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -1 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0008 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 5.15 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.0% (2024)
- Net financial flows, IDA 334.58 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 15.7 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0132 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -3.28 million NFL, current US$ (2004)
- Public and publicly guaranteed debt service 5.4% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Zambia?
- Debt service (ppg and imf only, % of exports of goods, services and) in Zambia was 5.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Zambia?
- The highest recorded value was 52.1% in 1986.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Zambia?
- The lowest recorded value was 0.8% in 2010.
- How does Zambia rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Zambia ranks 75th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Zambia?
- Over the last ten years it is up 166.2%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.