Zambia

Zambia's US$ GDP rose 14.1% to US$28.9 billion, but most of that was exchange-rate and price effects, not output; real growth was +3.8%. The economy held 118th place, between Armenia and Guinea, and remains just below its 2022 peak of US$29.2 billion. Industry accounts for 35.3% of output, though manufacturing makes up only 8.7%; services contribute 57.0% and agriculture 4.1%.

Inflation ran at 13.9% and unemployment at 5.9%, while government gross debt reached 100.6% of GDP. With 21.9 million people, GDP per capita is US$1,318, 172nd of 196, and $4,379 international dollars on a PPP basis, 168th. The economy, about the size of the Port St. Lucie, FL metro area, has grown 8.0 times in US$ terms since 2000, when it ranked 128th. The most striking figure is the IMF forecast: it projects a +105% rise to US$59.1 billion by 2030, which would lift Zambia to 102nd.