Zambia Economy

Gross Domestic Product 2012

GDP (purchasing power parity): $23.68 billion

GDP real growth rate: $20.68 billion

GDP per capita (PPP): 6.5%

GDP composition by sector

Agriculture 25.5%

Industry 35.2%

Services 43.4%

Inflation rates 6.5%

Currency: Zambian kwacha (ZMW)

Business languages

The commercial languages include the following;

  • English
  • Nyanja
  • Bemba
  • Swahili

Transport

Key means of transport is road transport

Energy in Zambia

The major sources of energy in Zambia include; Wood fuel, hydro power, Petroleum and coal.

Challenges in Zambia

  • Poverty and unemployment
  • Poor infrastructures
  • Low infrastructure
  • Low energy capacity of both electricity and oil
  • Poverty
  • Unemployment and weak legal systems

Further Reading

 

About The Author

John Muhaise-Bikalemesa (JMB), is the founder of Muhaise.com blog and bigdrumassociates.com company. Learn more about him here and connect with him on his social medias below

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