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Zambia : economy statistics and industry reports
- Updated on : 27 August 2012 Source : The World Factbook
Imports
$6.359 billion (2011 est.)$4.71 billion (2010 est.)
Exports
$9.201 billion (2011 est.)$7.414 billion (2010 est.)
Inflation rate (consumer prices)
8.7% (2011 est.)8.5% (2010 est.)
Unemployment rate
14% (2006 est.)50% (2000 est.)
GDP - per capita (PPP)
$1,600 (2011 est.)$1,600 (2010 est.)
$1,500 (2009 est.)
note: data are in 2011 US dollars
National product real growth rate
7% (2010 est.)6.3% (2009 est.)
5.7% (2008 est.)
Internet users
816,200 (2009)Telephones - mobile cellular
4.947 million (2009)Population growth rate
3.034% (2012 est.)Population
14,309,466 (July 2012 est.)note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected
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Historical background
The territory of Northern Rhodesia was administered by the [British] South Africa Company from 1891 until it was taken over by the UK in 1923.
During the 1920s and 1930s, advances in mining spurred development and immigration.
The name was changed to Zambia upon independence in 1964.
...
Economic overview
Zambia's economy has experienced strong growth in recent years, with real GDP growth in 2005-08 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 improved the chances for copper mining to return to profitability and spur economic growth.
Copper output has increased steadily since 2004, due to higher copper prices and foreign investment.
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