Liabilities, Insurance Technical Reserves (OFCS) in Zambia
Zambia: Liabilities, Insurance Technical Reserves (OFCS) was 144.09 billion in 2025. ◆ Volatile
Liabilities, Insurance Technical Reserves (OFCS) in Zambia, 2011–2025
Source: International Monetary Fund.
Analysis
In 2025, liabilities, insurance technical reserves (ofcs) in Zambia stood at 144.09 billion. That is the highest value across all 15 years on record.
That represents a change of up 23.5% on the previous year and up 610.8% over ten years.
Over the whole period, liabilities, insurance technical reserves (ofcs) in Zambia peaked at 144.09 billion in 2025 and was at its lowest, 8.62 billion, in 2011.
Zambia ranks 31st of 65 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.
Liabilities, Insurance Technical Reserves (OFCS) in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 8.62 billion | — |
| 2012 | 10.63 billion | +23.3% |
| 2013 | 14.28 billion | +34.4% |
| 2014 | 16.46 billion | +15.2% |
| 2015 | 20.27 billion | +23.2% |
| 2016 | 25.01 billion | +23.4% |
| 2017 | 32.10 billion | +28.3% |
| 2018 | 35.32 billion | +10.0% |
| 2019 | 42.51 billion | +20.4% |
| 2020 | 54.18 billion | +27.5% |
| 2021 | 70.03 billion | +29.3% |
| 2022 | 78.68 billion | +12.3% |
| 2023 | 93.42 billion | +18.7% |
| 2024 | 116.69 billion | +24.9% |
| 2025 | 144.09 billion | +23.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 22.80 billion | 8.62 billion | 42.51 billion | 9 |
| 2020s | 92.85 billion | 54.18 billion | 144.09 billion | 6 |
Countries ranked near Zambia
- 28 New Zealand 165.64 billion compare
- 29 Canada 159.50 billion
- 30 North Macedonia 153.18 billion compare
- 32 Guyana 143.59 billion compare
- 33 Bolivia, Plurinational State of 135.65 billion compare
- 34 Burundi 133.33 billion compare
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 liabilities, insurance technical reserves (ofcs) in Zambia?
- Liabilities, insurance technical reserves (ofcs) in Zambia was 144.09 billion in 2025, according to International Monetary Fund.
- What is the highest liabilities, insurance technical reserves (ofcs) recorded in Zambia?
- The highest recorded value was 144.09 billion in 2025.
- What is the lowest liabilities, insurance technical reserves (ofcs) recorded in Zambia?
- The lowest recorded value was 8.62 billion in 2011.
- How does Zambia rank for liabilities, insurance technical reserves (ofcs)?
- Zambia ranks 31st out of 65 countries with data for 2025.
- Is liabilities, insurance technical reserves (ofcs) rising or falling in Zambia?
- Over the last ten years it is up 610.8%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from International Monetary Fund, published as part of Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.