External debt — all countries

External debt — Zambia

External debt in Zambia in 2024 — 28,117,735,301 US$. Ranked 79 in the world out of 118. Since 1970, the indicator has risen by 3,356.3%.

2024 28.12B US$ −3.3% vs 2023
World rank 79of 118
Period maximum 29.53B US$2020
Period minimum 814M US$1970

Trend over time

1970–2024 · US$

External debt — Zambia, 1970–2024010B20B30B19701976198219881994200020062012201820241970: 813,521,836 US$1971: 857,443,206 US$1972: 943,514,892 US$1973: 1,030,648,296 US$1974: 1,196,332,640 US$1975: 1,681,371,684 US$1976: 1,893,531,434 US$1977: 2,336,027,269 US$1978: 2,578,001,425 US$1979: 3,039,848,240 US$1980: 3,252,576,759 US$1981: 3,609,972,787 US$1982: 3,662,594,056 US$1983: 3,745,387,538 US$1984: 3,751,427,553 US$1985: 4,487,171,832 US$1986: 5,633,318,266 US$1987: 6,480,343,008 US$1988: 6,694,151,925 US$1989: 6,553,433,177 US$1990: 6,904,814,239 US$1991: 6,958,488,380 US$1992: 6,700,065,956 US$1993: 6,477,914,988 US$1994: 6,808,521,301 US$1995: 6,957,808,472 US$1996: 7,060,056,954 US$1997: 6,659,848,622 US$1998: 6,870,434,147 US$1999: 5,953,049,691 US$2000: 5,812,480,208 US$2001: 6,194,276,538 US$2002: 6,681,120,453 US$2003: 6,882,252,298 US$2004: 7,548,425,740 US$2005: 5,370,018,800 US$2006: 2,250,620,969 US$2007: 2,740,042,630 US$2008: 2,937,007,525 US$2009: 3,640,887,246 US$2010: 4,320,702,678 US$2011: 5,199,610,016 US$2012: 6,181,891,105 US$2013: 6,668,587,065 US$2014: 9,650,598,727 US$2015: 12,310,774,476 US$2016: 15,755,769,971 US$2017: 23,739,237,630 US$2018: 24,615,978,774 US$2019: 29,396,610,677 US$2020: 29,531,412,128 US$2021: 26,943,470,807 US$2022: 28,423,406,215 US$2023: 29,076,512,019 US$2024: 28,117,735,301 US$
Change over the period: +27.3B (+3,356.3%) Average annual rate: 6.78 %

Comparison, 2024

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

Zambia 28.12B US$
Sub-Saharan Africa computed 903B US$
Eastern Africa computed 300B US$
Lower-middle-income countries computed 2.61T US$
External debt — Zambia, by year Zambia All countries CSV XLSX
Year US$ Change Change, %
2024 28.12B −959M −3.3%
2023 29.08B +653M +2.3%
2022 28.42B +1.48B +5.49%
2021 26.94B −2.59B −8.76%
2020 29.53B +135M +0.46%
2019 29.4B +4.78B +19.42%
2018 24.62B +877M +3.69%
2017 23.74B +7.98B +50.67%
2016 15.76B +3.44B +27.98%
2015 12.31B +2.66B +27.56%
2014 9.65B +2.98B +44.72%
2013 6.67B +487M +7.87%
2012 6.18B +982M +18.89%
2011 5.2B +879M +20.34%
2010 4.32B +680M +18.67%
2009 3.64B +704M +23.97%
2008 2.94B +197M +7.19%
2007 2.74B +489M +21.75%
2006 2.25B −3.12B −58.09%
2005 5.37B −2.18B −28.86%
2004 7.55B +666M +9.68%
2003 6.88B +201M +3.01%
2002 6.68B +487M +7.86%
2001 6.19B +382M +6.57%
2000 5.81B −141M −2.36%
1999 5.95B −917M −13.35%
1998 6.87B +211M +3.16%
1997 6.66B −400M −5.67%
1996 7.06B +102M +1.47%
1995 6.96B +149M +2.19%
1994 6.81B +331M +5.1%
1993 6.48B −222M −3.32%
1992 6.7B −258M −3.71%
1991 6.96B +53.67M +0.78%
1990 6.9B +351M +5.36%
1989 6.55B −141M −2.1%
1988 6.69B +214M +3.3%
1987 6.48B +847M +15.04%
1986 5.63B +1.15B +25.54%
1985 4.49B +736M +19.61%
1984 3.75B +6.04M +0.16%
1983 3.75B +82.79M +2.26%
1982 3.66B +52.62M +1.46%
1981 3.61B +357M +10.99%
1980 3.25B +213M +7%
1979 3.04B +462M +17.91%
1978 2.58B +242M +10.36%
1977 2.34B +442M +23.37%
1976 1.89B +212M +12.62%
1975 1.68B +485M +40.54%
1974 1.2B +166M +16.08%
1973 1.03B +87.13M +9.23%
1972 944M +86.07M +10.04%
1971 857M +43.92M +5.4%
1970 814M

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

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