Zambia
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Zambia
Issuer
Abbreviation
Phone
Location
Capital
Official languages
Population
Currency
ISO 4217
Lusaka
Zambia
English
20,569,737
ZMW
Zambian Kwacha
Delivery
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Certificate of incorporation
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Articles of association
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Meeting minutes
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Company stamp
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<Economy>
Zambia has seen a steady improvement in its economy over the past few years. According to the World Bank, the country’s GDP grew by an average of 4.2% between 2015 and 2019. This growth was driven by increased investment in infrastructure, agriculture, and mining. In 2019, the country’s GDP was estimated to be $25.2 billion, with a per capita GDP of $1,845.
The country’s unemployment rate has also seen a steady decline over the past few years, dropping from 11.2% in 2015 to 8.2% in 2019. This is largely due to the government’s efforts to create more jobs through public works programs and other initiatives.
Inflation has also been kept in check, with the annual rate dropping from 8.2% in 2015 to 6.2% in 2019. This has helped to keep prices stable and has allowed the country to maintain a healthy balance of payments.
Overall, Zambia’s economy has seen steady growth over the past few years, and the government’s efforts to create jobs and keep inflation in check have been largely successful. With continued investment in infrastructure and other sectors, the country is well-positioned to continue its economic growth in the years to come.