Browsing Tag
Inflation
18 posts
Zambia GDP Growth Revised to 3.8% in 2025, AfDB Projects Recovery to 5.0% in 2026 and 6.3% in 2027 as Inflation Eases to 9.3%
The AfDB African Economic Outlook 2026 revised Zambia's GDP growth to 3.8% in 2025, down from an initial 5.2% estimate, due to underperformance in ICT, trade, and finance, with inflation declining to 14.0% and public debt dropping to 87.6% of GDP following debt restructuring. Growth is projected to recover to 5.0% in 2026 and 6.3% in 2027, driven by mining, agriculture, and energy recovery, with inflation easing to 9.3% in 2026 and the current account swinging to a surplus of 0.8% of GDP on higher copper export earnings.
IMF Projects Zambia Fiscal Surplus To Fall To 1.1% Of GDP In 2026 From 3.1% In 2025 With Growth At 4.3% And Inflation At 8.5%
IMF staff concluded a visit to Zambia to review economic developments under the recently completed Extended Credit Facility programme and discuss a possible successor arrangement. The Fund projects the fiscal surplus to fall to 1.1% of GDP in 2026 from 3.1% in 2025, with growth at 4.3% and inflation expected at 8.5% by the end of 2026.
IMF Projects Zambia’s GDP to Reach 5.2% in 2026, Citing Economic Resilience, Eased Inflation, and Reform Progress in 2025 Extended Credit Facility Review
The IMF concluded its 2025 review of the Extended Credit Facility with Zambia, projecting GDP growth of 5.2% in 2026 following 4.5% growth in early 2025. The IMF cited easing inflation, improved liquidity, strong investor demand, and steady reform progress in governance, fiscal management, and private sector participation.
IMF Projects Zambia GDP to Grow by 5.8% in 2025 and 6.4% in 2026, Inflation to Ease to 9.2%
The IMF’s October 2025 Regional Economic Outlook projects Zambia’s GDP growth at 5.8% in 2025 and 6.4% in 2026, with inflation easing to 9.2%. The report highlights Zambia’s fiscal recovery, surplus outlook, and tax policy lessons as the country continues its debt restructuring process.
Bank of Zambia Unveils 2025 Policies to Reduce Inflation to 6–8%, Support Agriculture with K5 Billion Fund, and Stabilize the Kwacha
The Central Bank of Zambia has unveiled its 2025 policies to reduce inflation to 6–8%, stabilize the Kwacha, and support agriculture with a K5 billion fund to mitigate the effects of the 2023/24 drought. The policies also aim to strengthen the financial system, promote a 24-hour economy, and ensure sustainable economic growth.
Zambia’s Inflation Up to 12% in September 2023
The Zambia Statistics Agency recently released its monthly macroeconomic stats for September 2023, indicating that the Annual Inflation…
Zambia’s Inflation Down to 9.8% in August 2022
Zambia’s Annual inflation for August 2022 decreased to 9.8% from 9.9% recorded in July 2022. This means that on…
Zambia Central Bank Increase Interest Rate to 8.5% in February 2021
On February 15-16 2021, the Monetary Policy Committee (MPG) of the Bank of Zambia (BoZ) decided to adjust…
Zambia Inflation Rate Increase to 21.5% in January 2021
The Zambia Statistics Agency (ZamStats), indicates that the Year-on-Year Inflation Rate for January 2021 increased to 21.5% from…
Zambia Inflation Rate Increased to 17.4% in November 2020
The Zambia Statistics Agency (ZamStats), indicates that the Year-on-Year Inflation Rate for November 2020 increased to 17.4% from…