Key Economic Insights: The economy of Zambia generates an estimated GDP of $28.88 billion ($1,318 per capita) supporting a population of 21,913,874. Productive output is anchored by 57.0% services, 35.3% industry and manufacturing, and 4.1% agriculture and natural resource extraction. Its main export partners include Switzerland (30%), China (18%), DRC (10%), Pitcairn Islands (10%), and UAE (7%).
As of 2025, Zambia’s GDP is approximately $28.88 billion (current US$). GDP per capita as of 2025 stands at approximately $1,318 (current US$), which places the country among lower-middle-income economies.
Despite facing challenges, Zambia’s economy shows potential for growth and development in the coming years, with opportunities for diversification and increased productivity.
Zambia Economic Structure & Sector Analysis
| Economic Dimension | Figure | Authoritative Source |
|---|---|---|
| GDP & Macro Output | Nominal GDP: $28.88 billion | Per Capita: $1,318 | World Bank WDI / IMF |
| Sector Breakdown | Services: 57.0% | Industry: 35.3% | Agriculture: 4.1% | World Bank National Accounts |
| Demographics & Labor | Population: 21,913,874 | ILO / UN Population Division |
| Strategic Trade Corridors | Leading Trade Partners: Switzerland (30%), China (18%), DRC (10%), Pitcairn Islands (10%), and UAE (7%) | World Bank WITS / IMF DOTS |
- Primary activities: 4.1% of GDP.
- Secondary activities: 35.3% of GDP.
- Tertiary activities: 57.0% of GDP.
Primary Sector of Zambia
With 32.07% of its land dedicated to agriculture, the country produces a diverse range of crops and animal products. Key agricultural products include sugarcane, cassava, maize, milk, soybeans, vegetables, wheat, groundnuts, beef, and sweet potatoes.
Agriculture contributes 4.1% to the GDP, but its variety and volume of products provide food security and employment opportunities in Zambia.
With a diverse geological landscape, the primary sector thrives in Zambia. Rich in copper, cobalt, zinc, lead, coal, and more, these resources drive the economy through mining and hydropower generation. Additionally, the country is known for its emeralds, gold, silver, and uranium, further contributing to its resource abundance.Secondary Sector of Zambia
In Zambia, main industrial products include construction materials, foodstuffs, beverages, chemicals, textiles, fertilizer, and horticultural products. These goods are manufactured for both domestic consumption and export, contributing significantly to the country’s economy.Manufactures only contribute 12.85% to Zambia’s total exports in 2023, indicating their relatively minor role in the country’s export economy.Tertiary sector of Zambia

Military Activities and Economic Sectors of Zambia
In the primary sector, resources are extracted for military use, like metals for weapons. The secondary sector involves the manufacturing of military equipment, such as vehicles and uniforms. The tertiary sector includes services provided by the military, like training and support. The quaternary sector focuses on military research and development, while the quinary sector deals with high-level decision-making and strategy.
In Zambia, military expenditure in 2023 was $377.2 million (about 1.18% of GDP); as of 2024 it was approximately $349.7 million (SIPRI). The active military force consists of 15,100 personnel. This means there are 1.2 active military members for every 1,000 people in the country. These figures show how military activities connect to the economy and its different sectors.
Biggest company in Zambia
Which is the biggest company in Zambia? The largest is Naspers, with a market value of approximately $40.31 billion. Naspers operates in the diversified financials industry and falls under the tertiary economic sector. It was founded in 1915 and has grown significantly since then.International Trade of Zambia
Import Activities of Zambia
Import activities in Zambia are highly important, with total imports in 2023 reaching over $10 billion, accounting for 29.1% of the country’s GDP.Zambia’s key import partners are South Africa, Equatorial Guinea, China, UAE, and the Democratic Republic of the Congo. The country mainly imports fertilizers, refined petroleum, trucks, copper ore, and packaged medicine.Exports Activities of Zambia
In 2023, Zambia’s total exports amounted to $10,431,183,715.61, accounting for 40.19% of its GDP. Exports are therefore of high importance to the country’s economy.Zambia’s export activities focus on raw copper, refined copper, gold, precious stones, and iron alloys. Its top export partners are Switzerland (30%), China (18%), DRC (10%), Pitcairn Islands (10%), and UAE (7%).Zambia economy challenges in 2024
In 2024, Zambia faces economic challenges due to high public debt held by China and systemic corruption. Despite being a major copper exporter and having a young labor force, extreme rural poverty persists. The country’s potential as a regional hydroelectricity exporter is hindered by these issues.Sources
- World Bank: Zambia
- IMF DataMapper: Zambia
- Trading Economics: Zambia GDP
- Zambia Statistics Agency
- UN Comtrade Plus: Trade Flow
- SIPRI Military Expenditure Database
Last updated: October 2026




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