Zambia: Trade (% of GDP)
In , Zambia's Trade (% of GDP) was 62.53.
That's down 20.1% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Zambia ranks #105 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #17 of 39.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 86.21
- Trough
- 56.12
- 1-year change
- -20.1%
- 5-year change
- -9.1%
- -1.9% / yr
- 10-year change
- -17.9%
- -2.0% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 62.5349 | |
| 78.2419 | |
| 69.2973 | |
| 86.2085 | |
| 79.2068 | |
| 68.7912 | |
| 74.8884 | |
| 71.5857 | |
| 73.9586 | |
| 79.8653 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Zambia's Trade (% of GDP) in 2024?
- In 2024, Zambia's Trade (% of GDP) was 62.53, according to World Bank Open Data.
- Is Zambia's Trade (% of GDP) rising or falling?
- Zambia's Trade (% of GDP) fell 20.1% from 2023 to 2024.
- How does Zambia rank globally on Trade (% of GDP)?
- In 2024, Zambia ranked #105 out of 160 countries reporting Trade (% of GDP).
- How does Zambia's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Zambia is below the world average. Within Sub-Saharan Africa, it ranks #17 of 39.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.