Annual inflation, consumer prices in Zambia

Zambia: Annual inflation, consumer prices was 15.0% in 2024. ▼ Falling

Latest (2024)
15.0%
Change on year
up 37.7%
World rank
23rd
of 203 countries
All-time high
26.0%
in 2000
All-time low
6.4%
in 2011
Years of data
25
2000–2024

Annual inflation, consumer prices in Zambia, 2000–2024

5101520252000201220242000: 26 %2001: 21.4 %2002: 22.2 %2003: 21.4 %2004: 18 %2005: 18.3 %2006: 9 %2007: 10.7 %2008: 12.4 %2009: 13.4 %2010: 8.5 %2011: 6.4 %2012: 6.6 %2013: 7 %2014: 7.8 %2015: 10.1 %2016: 17.9 %2017: 6.6 %2018: 7.5 %2019: 9.2 %2020: 15.7 %2021: 22 %2022: 11 %2023: 10.9 %2024: 15 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

Zambia recorded 15.0% for annual inflation, consumer prices in 2024.

That represents a change of up 37.7% on the previous year and up 92.0% over ten years.

Over the whole period, annual inflation, consumer prices in Zambia peaked at 26.0% in 2000 and was at its lowest, 6.4%, in 2011.

Zambia ranks 23rd of 203 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 25 years of available data.

Annual inflation, consumer prices in Zambia, year by year

Annual values for Annual inflation, consumer prices (%) in Zambia, 2000 to 2024.
Year % Change
2000 26.0% —
2001 21.4% -17.8%
2002 22.2% +3.9%
2003 21.4% -3.7%
2004 18.0% -16.0%
2005 18.3% +2.0%
2006 9.0% -50.8%
2007 10.7% +18.2%
2008 12.4% +16.8%
2009 13.4% +7.6%
2010 8.5% -36.5%
2011 6.4% -24.4%
2012 6.6% +2.3%
2013 7.0% +6.1%
2014 7.8% +11.9%
2015 10.1% +29.5%
2016 17.9% +76.7%
2017 6.6% -63.2%
2018 7.5% +13.9%
2019 9.2% +22.1%
2020 15.7% +71.9%
2021 22.0% +40.0%
2022 11.0% -50.1%
2023 10.9% -1.0%
2024 15.0% +37.7%

Zambia compared with similar countries

  • Zambia's 15.0% is above the median for lower middle income countries, which is 5.0%, 3.0× the median. (43 countries reporting)
  • Zambia's 15.0% is above the median for Sub-Saharan Africa, which is 4.5%, 3.3× the median. (43 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.3% 9.0% 26.0% 10
2010s 8.7% 6.4% 17.9% 10
2020s 14.9% 10.9% 22.0% 5

Countries ranked near Zambia

  1. 20 Ethiopia 21.0% compare
  2. 21 Burundi 20.2% compare
  3. 22 Suriname 16.2% compare
  4. 24 Sao Tome and Principe 14.4% compare
  5. 25 Syrian Arab Republic 13.4% compare
  6. 25 Syria 13.4% compare

See the full ranking of 236 places →

More development goals data for Zambia

All data for Zambia →

Frequently asked questions

What is annual inflation, consumer prices in Zambia?
Annual inflation, consumer prices in Zambia was 15.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Zambia?
The highest recorded value was 26.0% in 2000.
What is the lowest annual inflation, consumer prices recorded in Zambia?
The lowest recorded value was 6.4% in 2011.
How does Zambia rank for annual inflation, consumer prices?
Zambia ranks 23rd out of 203 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in Zambia?
Over the last ten years it is up 92.0%. The long-run trend across the full record is falling.
Where does this Zambia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in Zambia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/zambia/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
236 places, 5,622 data points, 2000–2024
Last refreshed