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Government debt

Zambia

Zambia. General government gross debt. Put borrowing in the context of the economy and explore how it has changed over time.

Debt / GDP · 2025100.6%History / IMF estimates
Debt, US$ bn · 202528.9History / IMF estimates
Per person, US$ · 20251,318History / IMF estimates
GDP, US$ bn · 202528.7History / IMF estimates

What the figures show

History / IMF estimates

Zambia: IMF data and estimates put government debt at 100.6% of GDP in 2025. The derived debt amount is US$ 28.9 billion.

  • The debt-to-GDP ratio is 24.9 percentage points below its 2024 level.
  • This is above the median of 52.85% of GDP across 192 countries with data for the selected year.
  • Over 2015–2025, the debt-to-GDP ratio increases by 38.7 percentage points.

The median is not weighted by economic size. A change in the debt-to-GDP ratio does not necessarily imply the same change in the debt amount. About the data ↗

Government debt over time

Debt as % of GDP. Dashed lines: current-year estimate/projection and future projections.

Government debt over time0751502253002000200520102015202020252031Zambia · 2000: 261.0% — History / IMF estimatesZambia · 2001: 210.2% — History / IMF estimatesZambia · 2002: 180.2% — History / IMF estimatesZambia · 2003: 159.5% — History / IMF estimatesZambia · 2004: 129.9% — History / IMF estimatesZambia · 2005: 75.7% — History / IMF estimatesZambia · 2006: 25.0% — History / IMF estimatesZambia · 2007: 21.9% — History / IMF estimatesZambia · 2008: 19.2% — History / IMF estimatesZambia · 2009: 20.5% — History / IMF estimatesZambia · 2010: 18.9% — History / IMF estimatesZambia · 2011: 20.8% — History / IMF estimatesZambia · 2012: 24.9% — History / IMF estimatesZambia · 2013: 25.9% — History / IMF estimatesZambia · 2014: 33.9% — History / IMF estimatesZambia · 2015: 61.9% — History / IMF estimatesZambia · 2016: 61.2% — History / IMF estimatesZambia · 2017: 66.6% — History / IMF estimatesZambia · 2018: 81.2% — History / IMF estimatesZambia · 2019: 103.3% — History / IMF estimatesZambia · 2020: 140.0% — History / IMF estimatesZambia · 2021: 111.0% — History / IMF estimatesZambia · 2022: 99.5% — History / IMF estimatesZambia · 2023: 136.8% — History / IMF estimatesZambia · 2024: 125.5% — History / IMF estimatesZambia · 2025: 100.6% — History / IMF estimatesZambia · 2026: 82.1% — IMF estimate / projectionZambia · 2027: 77.0% — IMF projectionZambia · 2028: 72.2% — IMF projectionZambia · 2029: 67.2% — IMF projectionZambia · 2030: 61.9% — IMF projectionZambia · 2031: 56.7% — IMF projection
Chart data table
YearZambia (%)Source
203156.7IMF projection
203061.9IMF projection
202967.2IMF projection
202872.2IMF projection
202777.0IMF projection
202682.1IMF estimate / projection
2025100.6History / IMF estimates
2024125.5History / IMF estimates
2023136.8History / IMF estimates
202299.5History / IMF estimates
2021111.0History / IMF estimates
2020140.0History / IMF estimates
2019103.3History / IMF estimates
201881.2History / IMF estimates
201766.6History / IMF estimates
201661.2History / IMF estimates
201561.9History / IMF estimates
201433.9History / IMF estimates
201325.9History / IMF estimates
201224.9History / IMF estimates
201120.8History / IMF estimates
201018.9History / IMF estimates
200920.5History / IMF estimates
200819.2History / IMF estimates
200721.9History / IMF estimates
200625.0History / IMF estimates
200575.7History / IMF estimates
2004129.9History / IMF estimates
2003159.5History / IMF estimates
2002180.2History / IMF estimates
2001210.2History / IMF estimates
2000261.0History / IMF estimates

The DataMapper API does not provide the actual/estimate cutoff for each country and series. Past years are therefore labelled history/IMF estimates, the current year estimate/projection, and later years projections. Historical values can be revised. There is no simulated real-time debt counter.

Source: IMF WEO · World Economic Outlook (October 2026) · Retrieved 2026-11-01. About the data