Money in Zambia

Zambia Money | Economic News & Forecasts

Zambia - Money

Recently-released data showed that the economy grew 3.9% in annual terms in the second quarter, following Q1’s marked deceleration in growth to 2.7%. Despite a slowdown in the crucial mining and quarrying sector, a notably swifter expansion in manufacturing output, combined with an acceleration in wholesale and retail trade, as well as in construction, drove the upturn. Export growth remained strong in the third quarter, with copper prices largely stable throughout the period. Private sector activity, however, deteriorated significantly at the outset of the fourth quarter, as a weaker kwacha and higher fuel costs weighed on demand. Investor confidence has been hard hit by the ongoing stalemate with the IMF and the aid freeze in September owing to corruption allegations.

Zambia - Money Data

2013  2014  2015  2016  2017  
Money (annual variation in %)11.8  11.3  24.9  0.1  20.7  

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Zambia Facts

ValueChangeDate
Bond Yield26.000.0 %Dec 11
Exchange Rate11.870.0 %Dec 11
Stock Market0.10.0 %Dec 11

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