Zambia has been ranked among the top 10 fastest-growing economies in Africa for 2025, according to the latest World Economic Outlook report from the International Monetary Fund (IMF).
The IMF forecasts a 6.6% GDP growth for Zambia, placing it sixth on the continent. This growth is expected to be driven by the alleviation of adverse weather impacts and supply chain disruptions.
The Economics Association of Zambia (EAZ) has endorsed the IMF’s projection, calling it realistic due to the government’s long-term economic recovery initiatives.
EAZ National Secretary Dr. Nicholas Mainza emphasized that the revival of several mining operations would play a crucial role in boosting Zambia’s GDP. He also pointed out that ongoing economic reforms by the government are expected to yield positive results in the near future.
Isaac Mwaipopo, Executive Director of the Center for Trade Policy and Development (CTPD), shared with ZNBC News that the IMF’s forecast is attainable if Zambia benefits from favorable rainfall and maintains a stable energy supply.
Mwaipopo underscored that consistent electricity availability and favorable rainfall conditions will be vital for reaching the projected 6.6% growth.
The IMF report reflects optimism about Zambia’s economic recovery and highlights the importance of strategic reforms and favorable environmental factors to sustain growth.