Household consumption — all countries

Household consumption — Zambia

Household consumption in Zambia in 2024 — 12,153,389,816 US$. Ranked 121 in the world out of 167. Since 2010, the indicator has risen by 9.9%.

2024 12.15B US$ −6.44% vs 2023
World rank 121of 167
Period maximum 13.24B US$2013
Period minimum 6.77B US$2020

Trend over time

2010–2024 · US$

Household consumption — Zambia, 2010–20246B8B10B12B14B201020122014201620182020202220242010: 11,063,329,928 US$2011: 11,822,952,743 US$2012: 12,040,613,506 US$2013: 13,243,810,838 US$2014: 12,218,302,437 US$2015: 9,901,967,680 US$2016: 9,325,467,374 US$2017: 10,335,590,344 US$2018: 11,813,311,366 US$2019: 9,830,978,200 US$2020: 6,766,873,233 US$2021: 7,954,037,450 US$2022: 10,376,725,342 US$2023: 12,990,626,814 US$2024: 12,153,389,816 US$
Change over the period: +1.09B (+9.85%) Average annual rate: 0.67 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Zambia

Zambia 12.15B US$
World 63.19T US$
Sub-Saharan Africa 1.69T US$
Eastern Africa computed 420B US$
Lower-middle-income countries computed 5.09T US$
Household consumption — Zambia, by year Zambia All countries CSV XLSX
Year US$ Change Change, %
2024 12.15B −837M −6.44%
2023 12.99B +2.61B +25.19%
2022 10.38B +2.42B +30.46%
2021 7.95B +1.19B +17.54%
2020 6.77B −3.06B −31.17%
2019 9.83B −1.98B −16.78%
2018 11.81B +1.48B +14.3%
2017 10.34B +1.01B +10.83%
2016 9.33B −577M −5.82%
2015 9.9B −2.32B −18.96%
2014 12.22B −1.03B −7.74%
2013 13.24B +1.2B +9.99%
2012 12.04B +218M +1.84%
2011 11.82B +760M +6.87%
2010 11.06B

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

Source: World Development Indicators (World Bank), license CC BY 4.0.