Zambia—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic OutlookGlobal Rank: #128 of 192
Latest Value
-1.6%
2027
YoY Change
+56.8%
2026 → 2027
Global Rank
#128
of 192 countries
Maximum
16.9%
2006
Minimum
-13.8%
2020
Last
-1.6%
Previous
-3.7%
Highest
16.9%
Lowest
-13.8%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | -1.6% | +56.8% |
| 2026 | -3.7% | +30.2% |
| 2025 | -5.3% | -60.6% |
| 2024 | -3.3% | +40.0% |
| 2023 | -5.5% | +29.5% |
| 2022 | -7.8% | +3.7% |
| 2021 | -8.1% | +41.3% |
| 2020 | -13.8% | -46.8% |
| 2019 | -9.4% | -13.3% |
| 2018 | -8.3% | -10.7% |
| 2017 | -7.5% | -31.6% |
| 2016 | -5.7% | +36.0% |
| 2015 | -8.9% | -64.8% |
| 2014 | -5.4% | +15.6% |
| 2013 | -6.4% | -100.0% |
| 2012 | -3.2% | -77.8% |
| 2011 | -1.8% | +25.0% |
| 2010 | -2.4% | -14.3% |
| 2009 | -2.1% | -200.0% |
| 2008 | -0.7% | +30.0% |
| 2007 | -1.0% | -105.9% |
| 2006 | 16.9% | +804.2% |
| 2005 | -2.4% | +4.0% |
| 2004 | -2.5% | +52.8% |
| 2003 | -5.3% | -17.8% |
| 2002 | -4.5% | +23.7% |
| 2001 | -5.9% | -591.7% |
| 2000 | 1.2% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -3.7% | +30.2% |
| 2027Forecast | -1.6% | +56.8% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 26.5% | 2026 |
| 2 | Norway | 10.7% | 2026 |
| 3 | Nauru | 9.5% | 2026 |
| 4 | Macao SAR, China | 5.6% | 2026 |
| 5 | United Arab Emirates | 4.8% | 2026 |
| 6 | South Sudan | 4.1% | 2026 |
| 7 | Lesotho | 3.8% | 2026 |
| 8 | Liechtenstein | 3.2% | 2026 |
| 9 | Cyprus | 3.2% | 2026 |
| 10 | Singapore | 2.7% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP