Year
2023
Population
20931751
Population, Rural
81.72
Population, Female
51.34
Working age population
55.41
Working age population, Male
5568563
Working age population, Female
6030402
GDP per capita (constant 2015 US$)
548.58
Real GDP growth (inflation-adjusted)
1.45
GDP at current market prices
13357.16
Inflation rate
28.67
External debt outstanding (% of GDP)
27.18
Current account balance (% of GDP)
-7.02
Fiscal balance (% of GDP)
-9.52
Mobile phone ownership
41.43
POS machines
5,852
Handset affordability
26.59
Mobile connectivity index
36.89
Network coverage
74.35
Mobile Data Affordability
17.82
Instant payments system availability
Yes
Instant payments system model
Sovereign currency IPS
Financial inclusion rate
88
Financial inclusion rate, Female
86
Financial inclusion rate, Male
90
Financial inclusion rate, Rural
85
Financial inclusion rate, Urban
96
Financial exclusion rate
12
Banked
13
Other formal (non-bank)
61
Informal only
14
Registered Agents
331317
Mobile money accounts
12700000
Mobile money prevalence
High
Value of on-device card transactions
2.55
Volume of on-device card transactions
32500947
Value of EFT transactions
3.50
Volume of EFT transactions
6,318,926
Value of mobile money transactions
7.67
Volume of mobile money transactions
1,360,393,366
Remittance costs as % of remittance amount
0.1
Mobile money regulatory index
87.94
Financial Inclusion strategy index
100
Regulatory Sandbox
No
Gender, Youth & Vulnerable Groups Inclusion,
Yes
Interoperability solutions
Yes
Policy enablement to offer mobile money services
71.25
KYC requirement
0
Broad money (current LCU)
3 678 871 335 511
Consumer price index (2010 = 100)
774
Population ages 15 and above, female
6 352 121
Population ages 15 and above, male
5 778 625
Population ages 15 and above, total
12 130 745
Population, female (primary + secondary)
4101625
Population, male
10 184 498
Population, male (primary + secondary)
4074521
Population, youth (15-24)
4557524
Urban population
3 826 324