Bank Deposits Statistics in Zambia (2026)
According to IMF Financial Access Survey data, outstanding bank deposits in Zambia came to 30.3% of GDP in 2024. Down from 32% of GDP in 2023 to 30.3% of GDP in 2024 (−1.7 percentage points). Zambia ranks #17 of 40 economies in Sub-Saharan Africa on this measure, and #138 of 172 globally.
Key Statistics
- Latest value (2024)
- 30.3% of GDP (2024)
- Bank Deposits in Zambia as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- −1.7 pp (2024)
- Down from 32% of GDP in 2023 to 30.3% of GDP in 2024 (−1.7 percentage points).
- Earliest value in this dataset (2004)
- 18.5% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 18.5% of GDP in 2004 to 30.3% of GDP in 2024.
- Peak value (2023)
- 32% of GDP (2023)
- Highest value in the available series; the 2024 value is 30.3% of GDP.
- Rank in Sub-Saharan Africa
- #17 of 40 (2024)
- Zambia ranks 17 of 40 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #138 of 172 (2024)
- Zambia ranks 138 of 172 countries with data globally.
- Sub-Saharan Africa average
- 39.2% of GDP (2024)
- Zambia (30.3% of GDP) is below the average of 39.2% of GDP across the 40 countries in Sub-Saharan Africa with data.
- Internet use in Zambia (2024)
- 17.1% (2024)
- 17.1% of the population in Zambia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 21.3 million (2024)
- Zambia had a population of 21.3 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 30.3% | −1.7 pp |
| 2023 | 32% | +2.2 pp |
| 2022 | 29.8% | +4.2 pp |
| 2021 | 25.5% | −6.1 pp |
| 2020 | 31.6% | +8.7 pp |
| 2019 | 22.9% | +0.7 pp |
| 2018 | 22.3% | +0.4 pp |
| 2017 | 21.8% | +0.2 pp |
| 2016 | 21.6% | −3.7 pp |
| 2015 | 25.3% | +4.4 pp |
| 2014 | 20.9% | +0.5 pp |
| 2013 | 20.4% | +1.3 pp |
| 2012 | 19.2% | +0.8 pp |
| 2011 | 18.4% | +0.7 pp |
| 2010 | 17.7% | +0.4 pp |
| 2009 | 17.3% | −0.9 pp |
| 2008 | 18.2% | +0.5 pp |
| 2007 | 17.6% | +0.5 pp |
| 2006 | 17.2% | +2.4 pp |
| 2005 | 14.8% | −3.7 pp |
| 2004 | 18.5% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in Zambia?
Outstanding bank deposits in Zambia stood at 30.3% of GDP in 2024, according to IMF Financial Access Survey data.
Where does the bank deposits data for Zambia come from?
The data comes from the IMF Financial Access Survey (indicator OUTD_COMBANK.POGDP). The latest observation for Zambia is from 2024; the snapshot was retrieved on 2026-06-10.
How has bank deposits in Zambia changed over time?
IMF Financial Access Survey data show a rise from 18.5% of GDP in 2004 to 30.3% of GDP in 2024.
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .