Gross Savings (As % of GDP) fell 4.28% to 38.7% in Zambia in 2019

Gross Savings (As % of GDP) (%), 2019
Economy | Zambia | January 1, 2020
$2.99
Excel Sheet

Gross savings as a share of GDP fell 4.28% to 38.7% in Zambia in 2019, according to the National Statistical Office.

Historically, gross savings as a share of GDP in Zambia reached an all time high of 41.3% in 2006 and an all time low of -0.643% in 1982. When compared to Zambia's main peers, gross savings as a share of GDP in Angola amounted to 24.2%, 25.7% in Tanzania, 19.9% in Zimbabwe and 12.6% in Dem. Republic of the Congo in 2019.

Zambia has been ranked 8th within the group of 161 countries we follow in terms of gross savings as a share of GDP, 4 places below the position seen 10 years ago.

Gross Savings (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Angola % 0.264% 24.3% 24.2% 26.7% 27.6%
Botswana % 0.394% 37.1% 37.7% 38.2% 38.9%
Central African Republic % 5.41% 6.37% 7.54% 8.43% 9.28%
Congo % 19.5% 34.5% 37.8% 33.4% 29.4%
Dem. Republic of the Congo % 0.188% 12.4% 12.6% 12.0% 12.1%
Kenya % 0.094% 11.2% 13.3% 14.7% 15.1%
Mozambique % 0.075% 21.8% 21.3% 20.8% 20.2%
Namibia % 0.159% 16.3% 15.4% 17.3% 17.9%
South Africa % 0.158% 14.9% 14.5% 14.6% 14.6%
Tanzania % 0.305% 26.1% 25.7% 26.1% 26.2%
Uganda % 0.198% 20.3% 20.0% 19.8% 19.3%
Zambia % 38.3% 40.4% 38.7% 38.1% 35.8%
Zimbabwe % -0.022% 20.9% 19.9% 18.6% 17.4%