Budget balance — all countries

Budget balance — Zambia

Budget balance in Zambia in 2031 — -2%. Ranked 80 in the world out of 188. Since 2000, the indicator has fallen by 3.2 pp.

2031 -2% −0.5 pp vs 2030
World rank 80of 188
Period maximum 16.9%2006
Period minimum -13.8%2020

Trend over time

2000–2031 · % of GDP

Budget balance — Zambia, 2000–2031-20-10010202000200420082012201620202024202820312000: 1.2%2001: -5.9%2002: -4.5%2003: -5.3%2004: -2.5%2005: -2.4%2006: 16.9%2007: -1%2008: -0.7%2009: -2.1%2010: -2.4%2011: -1.8%2012: -3.2%2013: -6.4%2014: -5.4%2015: -8.9%2016: -5.7%2017: -7.5%2018: -8.3%2019: -9.4%2020: -13.8%2021: -8.1%2022: -7.8%2023: -5.5%2024: -3.5%2025: -3.8%2026: -4.9%2027: -4.4%2028: -3.1%2029: -1.9%2030: -1.5%2031: -2%
Change over the period: −3.2 pp Annual average: -0.1 pp

Comparison, 2031

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

Zambia -2%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Eastern Africa computed -3.73%
Budget balance — Zambia, by year Zambia All countries CSV XLSX
Year % Change, pp
2031 -2 −0.5 pp
2030 -1.5 +0.4 pp
2029 -1.9 +1.2 pp
2028 -3.1 +1.3 pp
2027 -4.4 +0.5 pp
2026 -4.9 −1.1 pp
2025 -3.8 −0.3 pp
2024 -3.5 +2 pp
2023 -5.5 +2.3 pp
2022 -7.8 +0.3 pp
2021 -8.1 +5.7 pp
2020 -13.8 −4.4 pp
2019 -9.4 −1.1 pp
2018 -8.3 −0.8 pp
2017 -7.5 −1.8 pp
2016 -5.7 +3.2 pp
2015 -8.9 −3.5 pp
2014 -5.4 +1 pp
2013 -6.4 −3.2 pp
2012 -3.2 −1.4 pp
2011 -1.8 +0.6 pp
2010 -2.4 −0.3 pp
2009 -2.1 −1.4 pp
2008 -0.7 +0.3 pp
2007 -1 −17.9 pp
2006 16.9 +19.3 pp
2005 -2.4 +0.1 pp
2004 -2.5 +2.8 pp
2003 -5.3 −0.8 pp
2002 -4.5 +1.4 pp
2001 -5.9 −7.1 pp
2000 1.2

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.