Country Financial Sector Profilesback

Financial Sector Overview

Zambia, in southern Africa, is a landlocked country of rugged terrain and diverse wildlife, with many parks and safari areas. On its border with Zimbabwe is famed Victoria Falls – indigenously called Mosi-oa-Tunya, or "Smoke That Thunders” – plunging a misty 108m into narrow Batoka Gorge. Spanning the Zambezi River just below the falls is Victoria Falls Bridge, a spectacular viewpoint.

At a Glance

Source
Population in thousands (2017): 17,094.13
GDP per capita (current US$) 2017 - World Average 10,721.61: 1,513.28
Account (%) age 15+) - (2014 vs 2017): 36% | 46%
Agriculture Orientation Index - Credit ( Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): 3.47 | 3.54
Financial Inclusion Strategies: • National Financial Inclusion Strategy 2017-2022• SADC Financial Inclusion Strategy 2016-2021
Domestic credit provided by financial sector (% of GDP) 2017: 21.76
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 29% | 39%
Remittances % of GDP for 2017: 0.002
Mortgage Interest Rate / Mortgage Term (years): 31% | 20

Donor Projects Database

Projects

Latest News & Events

Latest Publications

Jan 28, 2019 | F. Hollinger, A. Gross, M. Toyoda | IFC/The World Bank, FAO
Jul 31, 2018 | FinMark Trust | FinMark Trust
Jun 30, 2018 | UNHCR, UNCDF | UNHCR
Jun 30, 2018 | B. Msulwa, C. Loots, C. Hougaard | Cenfri, FSD Africa
Apr 30, 2018 | A. Ferrari, O. Masetti, J. Ren | World Bank
Dec 15, 2017 | A. Koblanck, S. Heitmann, G. Davico | IFC