Region: Southern Africa
Capital: Lusaka
Population (2012): 13,817,479
Surface area: 752,618 sq km
Currency: Zambian Kwacha
GDP per capita (2011): US $ 1,426

Economy – overview: Zambia’s economy has experienced strong growth in recent years, with real GDP growth in 2005-10 about 6% per year. Privatization of government-owned copper mines in the 1990s relieved the government from covering mammoth losses generated by the industry and greatly increased copper mining output and profitability to spur economic growth. Copper output has increased steadily since 2004, due to higher copper prices and foreign investment. Poverty remains a significant problem in Zambia, despite a stronger economy. Zambia’s dependency on copper makes it vulnerable to depressed commodity prices, but record high copper prices and a bumper maize crop in 2010 helped Zambia rebound quickly from the world economic slowdown that began in 2008. A high birth rate, relatively high HIV/AIDS burden, and market distorting agricultural policies have meant that Zambia’s economic growth has not dramatically decreased the stubbornly high poverty rates. Zambia has made some strides to improve the ease of doing business.

Human Development Index ranking (2012): 163 out of 186
Net Official Development Assistance (ODA) (2011): US $ 1,046 million
Top Three Donors of gross ODA: United States, EU Institutions, IMF (SAF, ESAF, PRGF)
FDI inflows (2012): $1,066 million
Total External Debt (2011): US $ 4.3 billion
External debt stock (% of GNI) (2011): 24.7
Merchandise exports (2011): US$ 9,001 million
Terms of trade index (2012): 183.1
Major export commodities: Refined copper, copper ore and copper products
Cost to export per container (2013): US $ 2,765
HIPC Position (2013): Post Completion Point

United Nations membership date: 1 December 1964

New York Mission:
Permanent Mission of the Republic of Zambia to the United Nations
237 East 52nd Street, New York, N.Y. 10022
Telephone: 212-888-5770
Fax: 212-888-5213

United Nations Statistics Division
OECD Creditor reporting System Database
UNCTADStat database
UNDP (2013) Human Development Report
World Bank (2013) HIPC at a Glance
World Bank World Development Indicators
World Bank (2013) Doing Business 2013

Updated July 2013