Sovereign rating

Zambia

Southern Africa · ZMW

Sovereign profile and public data

RicherFin rating
Currency
ZMW
Agency ratings
Fitch B-StableMoody's Caa2PositiveS&P CCC+Stable
Sovereign snapshot
IndicatorValuePeriodSource
Real GDP growth3.8%2025World Bank
Central government debt / GDP71.4%2021World Bank
Current account / GDP-4.4%2024World Bank
Inflation13.9%2025World Bank
GDP per capitaUSD 1,3182025World Bank
Trade openness62.5%2024World Bank
RicherFin sovereign analysis

Institutional sovereign report

Related intelligence
Zambia Projects→Explore sovereign projects and infrastructure opportunities. Compare Ratings→Return to the rated sovereign universe. Contact Ratings Team→Discuss a mandate or country coverage requirement.