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Zambia Power Snapshot

Fitch Solutions Sector Intelligence  


    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

    Zambia Power Snapshot

    • 11 Aug 2022
    • Zambia
    • Power
    Country Snapshot: Economic And Demographic Data (Zambia 2020-2025)
    Indicator 2020e 2021e 2022f 2023f 2024f 2025f
    Nominal GDP, USDbn 18.1 22.4 27.9 29.7 31.6 33.7
    Real GDP growth, % y-o-y -2.8 4.6 2.9 3.9 3.8 3.7
    GDP per capita, USD 985 1,186 1,431 1,484 1,534 1,591
    Population, mn 18.38 18.92 19.47 20.03 20.61 21.20
    e/f = Fitch Solutions estimate/forecast. Source: IMF, World Bank, Bank of Zambia, Fitch Solutions
    Country Snapshot: Economic And Demographic Data (Zambia 2026-2031)
    Indicator 2026f 2027f 2028f 2029f 2030f 2031f
    Nominal GDP, USDbn 35.9 38.5 41.4 44.8 48.7 53.1
    Real GDP growth, % y-o-y 3.6 3.9 4.0 4.1 4.1 4.3
    GDP per capita, USD 1,645 1,715 1,795 1,893 2,002 2,127
    Population, mn 21.80 22.41 23.04 23.68 24.33 24.98
    f = Fitch Solutions forecast. Source: IMF, World Bank, Bank of Zambia, Fitch Solutions
    Country Snapshot: Power Sector
    Access to electricity, % of population 44.5
    Quality of electricity supply (score) 89.0/100
    Quality of electricity supply (rank) 93/124
    Source: World Economic Forum - Global Competitiveness Report 2019, World Bank, Fitch Solutions
    This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.


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