Zambia Economic Outlook

  • While Zambia’s real GDP growth remains robust, it decreased to 6.5% in 2013 in large part due to a poor agriculture harvest. Investments in mining continue to drive other sectors, especially construction, transport and energy. In the medium term, growth is projected to increase to 7.1% in 2014 and 7.4% in 2015, while inflation is expected to fall below the 2013 level.

Zambia and the AfDB

Since 1971, the Bank has committed more than US $1 billion to Zambia through mainly support towards public sector infrastructure projects in agriculture, industry, water and sanitation, energy, social sector (education and health), transport and multi-sector (primarily general budget support). The predominant financing modalities are project loans/grants.


Zambia field office

African Development Bank Group
Banc ABC House, 746 Church Road
Cathedral Hill, PO Box 51449
Ridgeway, Lusaka, ZAMBIA

Tel: (260) 211 257868/69/74
Fax: (260) 211 257872

Resident Representative

Southern Africa Resource Center (SARC)

African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa

Tel: +27 12 003 6900

Mr. Kennedy Mbekeani, Officer-in-Charge

Key Facts

Capital: Lusaka
Area: 753,000 sq km
Total Population 2013: 14.5 Million
Urban Population 2013: 40.03%
Female Population 2013: 50.12%
GDP: US$ 25.6 Billion
GNI Per Capita 2013: US$ 1,350
Inflation Rate: 7.10%
Crude Birth Rate (per 1000): 42.82%
Human Development Index (rank / 187): 163
Human Development Index (scale 0 to 1): 0.448
Membership Date: 01/09/1966
Cumulative Approvals (1967-2013): UA 1.0 Billion

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