Country
Zambia ZMB
score date 2026-10-09 · 30d +1.0
Seven dimensions
Credibility gap80.3
IMF / national CPI · as of 2026-08-01 · coverage: bronze
Behind the curve—
BIS policy rates + CPI · as of 2026-10-09 · coverage: bronze
Communication—
Central-bank statements · as of 2026-10-09 · coverage: bronze
Geopolitical50.6
GDELT · as of 2026-10-09 · coverage: bronze
Growth39.9
World Bank WDI / IMF WEO · as of 2026-10-09 · coverage: bronze
Liquidity36.3
IMF BOP / BIS / FRED · as of 2026-10-09 · coverage: bronze
Governance42.8
World Bank WGI · as of 2026-10-09 · coverage: bronze
Zambia sovereign credibility, in brief
Zambia scores 52.3 out of 100 on the composite sovereign credibility index — credibility band 50–65. That ranks it 25 of 43 in Sub-Saharan Africa, the 44th percentile of the region. The score has risen 0.1 points over the past seven days. CPI 6.2% (implicit target) — credibility under pressure (52/100).
As of 2026-10-09 · scored daily from public data under methodology v8
Peer context
Rank 25/43 in Sub-Saharan Africa · 44th percentile
Region avg 49.3 · best 61.6 · worst 14.1
Ranked either side
- Namibia 52.7
- Congo, Rep. 52.5
- Gabon 51.6
- Burundi 50.4
90-day trend
External pulse
- Commodity terms-of-trade, 12m change
- +5.1%
- as of 2026-10-10
Terms-of-trade: IMF Commodity Terms of Trade
Key indicators
External & activity
| Cpi monthly index | 558.7 | 2026-08-01 | ILO CPI |
| Current account (% GDP) | -4.4% | 2024-12-31 | World Bank |
| FDI inflows (% GDP) | 9.3% | 2024-12-31 | World Bank |
| GDP growth, annual | 3.8% | 2025-12-31 | World Bank |
| Nightlights radiance (monthly sum) | 130.4K | 2025-12-01 | World Bank / NASA Black Marble |
| Nightlights radiance, YoY | 18.9% | 2025-12-01 | derived |
| Remittances (% GDP) | 1.3% | 2024-12-31 | World Bank |
| Reserves (months of imports) | 3.3 mo | 2024-12-31 | World Bank |
| Trade openness (% GDP) | 62.5% | 2024-12-31 | World Bank |
| Unemployment rate | 5.9% | 2025-12-31 | World Bank |
| Unemployment rate (ILO) | 5.7% | 2024-12-31 | ILO |
Structure
| External debt (% GNI) | 114.2% | 2024-12-31 | World Bank |
| GDP per capita (USD) | $1,318 | 2025-12-31 | World Bank |
| Government debt (% GDP) | 71.4% | 2021-12-31 | World Bank |
| Labor force participation | 63.2% | 2024-12-31 | ILO |
| WGI: control of corruption | -0.5 | 2025-12-31 | World Bank |
| WGI: government effectiveness | -0.4 | 2025-12-31 | World Bank |
| WGI: political stability | -0.1 | 2025-12-31 | World Bank |
| WGI: regulatory quality | -0.5 | 2025-12-31 | World Bank |
| WGI: rule of law | -0.5 | 2025-12-31 | World Bank |
| WGI: voice & accountability | -0.3 | 2025-12-31 | World Bank |
Nightlights: World Bank / NASA Black Marble VIIRS (CC BY 4.0)
Follow the moves
Every figure above is recomputed daily from public data, with the source and as-of date shown for each one. The weekly briefing says which scores moved, and why.