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GDP Growth Slows to 7.2 Percent

Gross Domestic Product (GDP) estimates for the second quarter of 2026 show...

By Joshua Jere

Gross Domestic Product (GDP) estimates for the second quarter of 2026 show that the economy grew by 7.2 percent.

This represents 0.7 percentage point decrease in growth compared to the same quarter in 2025 when the GDP was at 7.9 percent.

This is according to latest statistics released by Zambia’s statistics Agency, ZAMSTATS.

Zamstats also says analysis at industry level shows that out of the 7 point 2 percent or 222 billion Kwacha of the GDP growth in the second quarter of 2026, the industry with the highest share was, Wholesale and Retail Trade with 17.5 percent.

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Recreation and Entertainment industry contributed the lowest share of GDP with 0.3 percent.

The government has set a real GDP growth target of 6.4 percent in the 2026 budget.

Meanwhile the Inflation rate for the month of September 2026 was 6.1 percent.

This represents a 0.1 percent reduction compared to the August 2026 inflation rate.

Inflation has been at its lowest since 2011 when Zambia recorded a 6.4 inflation rate according to Macrotrends, a website that tracks economic trends.

Source: Zambia24 — Read more

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