Inflation Rate in Zambia decreased to 14.10 percent in June from 15.30 percent in May of 2025. This dataset provides the latest reported value for - Zambia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The average inflation rate in Zambia was estimated at approximately 14.99 percent in 2024. Between 1980 and 2024, the inflation rose by around 3.26 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The inflation is forecast to decline by about 7.99 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

The Consumer Price Index in Zambia increased 0.20 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - Zambia Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Historical chart and dataset showing Zambia inflation rate by year from 1986 to 2023.

Zambia: Inflation forecast: The latest value from 2030 is 7 percent, unchanged from 7 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Zambia from 1981 to 2030 is 29.04 percent. The minimum value, 6.09 percent, was reached in 2017 while the maximum of 180.72 percent was recorded in 1992.

Cost of food in Zambia increased 16.70 percent in June of 2025 over the same month in the previous year. This dataset provides - Zambia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Zambia was 14.07 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 15.31 percent. Compared to a year ago, we see a decrease from the...

Inflation, consumer prices (annual %) in Zambia was reported at 14.99 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Zambia - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Zambia: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 10.9 percent, a decline from 11 percent in 2022. In comparison, the world average is 9.9 percent, based on data from 160 countries. Historically, the average for Zambia from 1986 to 2023 is 35.8 percent. The minimum value, 6.4 percent, was reached in 2011 while the maximum of 183.3 percent was recorded in 1993.

Graph and download economic data for Inflation, consumer prices for Zambia (FPCPITOTLZGZMB) from 1986 to 2024 about Zambia, consumer, CPI, inflation, price index, indexes, and price.

Inflation, GDP deflator: linked series (annual %) in Zambia was reported at 18.78 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Zambia - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Inflation rate of Zambia rocketed by 37.68% from 10.9 % in 2023 to 15.0 % in 2024. Since the 50.08% drop in 2022, inflation rate shot up by 36.32% in 2024. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Inflation, monthly percent change in the CPI in Zambia, June, 2025 The most recent value is 0.19 percent as of June 2025, a decline compared to the previous value of 0.33 percent. Historically, the average for Zambia from February 2012 to June 2025 is 0.93 percent. The minimum of -0.49 percent was recorded in September 2021, while the maximum of 6.23 percent was reached in October 2015. | TheGlobalEconomy.com

Zambia ZM: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 9.238 % in 2017. This records a decrease from the previous number of 13.574 % for 2016. Zambia ZM: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 15.205 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 165.534 % in 1992 and a record low of -14.170 % in 1975. Zambia ZM: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zambia – Table ZM.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

Inflation rate (GDP deflator) of Zambia soared by 164.70% from 7.1 % in 2023 to 18.8 % in 2024. Since the 75.58% drop in 2022, inflation rate (GDP deflator) rocketed by 205.83% in 2024. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Zambia ZM: GDP: USD: Gross National Income: Atlas Method data was reported at 22.263 USD bn in 2017. This records a decrease from the previous number of 22.561 USD bn for 2016. Zambia ZM: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 3.269 USD bn from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 27.698 USD bn in 2014 and a record low of 633.168 USD mn in 1962. Zambia ZM: GDP: USD: Gross National Income: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zambia – Table ZM.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

Inflation data scraped from Zambia Statistics Agency to be added to the ADH Inflation Database

This line chart displays inflation (annual %) by date using the aggregation median in Zambia. The data is about countries per year.

Key information about Zambia Consumer Price Index CPI growth

• Zambia Consumer Price Index (CPI) growth was measured at 16.8 % YoY in Feb 2025, compared with a rate of 16.7 % in the previous month.
• Zambia Consumer Price Index growth data is updated monthly, available from Jan 1986 to Feb 2025, with an averaged number of 18.7 % YoY.
• The data reached an all-time high of 237.8 % YoY in Jul 1993 and a record low of 6.0 % YoY in Dec 2011.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. Zambia Statistics Agency provides Consumer Price Index with base 2009=100. Consumer Price Index Growth prior to January 2011 is calculated from Consumer Price Index with base 2010=100, published by the International Monetary Fund.

This scatter chart displays GDP (current US$) against inflation (annual %) in Zambia. The data is filtered where the date is 2021. The data is about countries per year.