Zambia is looking at opportunities to diversify its economy, further harnessing rich natural resource reserves with supporting private investment in manufacturing and enabling other sectors such as tourism.
Domestic demand will be well-supported by growth in government expenditure (including infrastructure projects), a rise in private sector consumer spending and significant foreign investment. A focus on job creation, poverty reduction and HIV/Aids is crucial to achieve broad-based transformation.
- Population: 15 090 000
- Nominal GDP: USD25.66 billion
- Real GDP growth: 5.4%
- Consumer inflation: 7.4%
* 2015 forecast