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Zambia Trade (% GDP)

Zambia's trade (% GDP) rose to 78.24% in 2023, up from 69.3% in 2022, according to World Bank. This represents an increase of 8.94% from the previous year. Zambia has trade (% GDP) lower than the global median (78.24% vs median 84.49%). Compared with the median in Africa, Zambia is higher (78.24% vs regional median 62.95%) and ranks 18th out of 48 countries in Africa.

Yearly Historical Data (1994-2023)

(in %)
Year Trade (% GDP)
2023 78.24%
2022 69.3%
2021 86.21%
2020 79.21%
2019 68.79%
2018 74.89%
2017 71.59%
2016 73.96%
2015 79.87%
2014 76.19%
2013 80.46%
2012 75.37%
2011 72.8%
2010 65.01%
2009 56.12%
2008 59.45%
2007 65.77%
2006 57.86%
2005 62.2%
2004 70.81%
2003 62.31%
2002 64.92%
2001 64.67%
2000 60.39%
1999 59.77%
1998 56.25%
1997 58.27%
1996 63.82%
1995 69.23%
1994 66.65%
Zambia Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Zambia divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $10.43B $11.64B 2023
Annual Imports $10.13B $9B 2023
Exports (% GDP) 40.85% 40.19% 2023
FDI Inflows (% GDP) 0.31% -0.22% 2023
Imports (% GDP) 37.4% 29.1% 2023
Net Trade (Goods & Services, BoP) $599.48M $2.42B 2023
Tariff Rate 11.5% 11.66% 2022