Zambia 2023

Year
Zambia
Population
20569737
Population, Rural
53.67
Population, Female
50.66
Working age population
55.78
Working age population, Male
5642653
Working age population, Female
5831658
Age dependency ratio
79.27
GDP per capita (constant 2015 US$)
1347.24
Real GDP growth (inflation-adjusted)
5.76
GDP at current market prices
31240.27
Inflation rate
10.92
External debt outstanding (% of GDP)
66.59
Fiscal balance (% of GDP)
-6.39
Mobile phone ownership
41.36
POS machines
45531
Handset affordability
28.42
Mobile connectivity index
44.78
Network coverage
77.2
Mobile Data Affordability
41.65
Instant payments system availability
Yes
Instant payments system model
Cross-domain IPS
Mobile money prevalence
Very high
Value of on-device card transactions
7.98
Volume of on-device card transactions
106068219
Value of EFT transactions
5.54
Volume of EFT transactions
10 558 090
Value of instant (real time) transactions
94.68
Volume of instant (real time) transactions
1320445
Value of mobile money transactions
17.51
Volume of mobile money transactions
2242443898
Remittance costs as % of remittance amount
10.7
Mobile money regulatory index
88.01
Financial Inclusion strategy index
100
Regulatory Sandbox
Yes
Gender, Youth & Vulnerable Groups Inclusion,
Yes
Interoperability solutions
Yes
Policy enablement to offer mobile money services
90
KYC requirement
60
Broad money (current LCU)
166 935 020 315
Consumer price index (2010 = 100)
369
Population ages 15 and above, female
6 055 989
Population ages 15 and above, male
5 782 130
Population ages 15 and above, total
11 838 119
Population, female (primary + secondary)
3939417
Population, male
10 148 862
Population, male (primary + secondary)
3924047
Population, youth (15-24)
4241504
Urban population
9 530 988