Zambia has been named one of the top 10 African nations expected to record the highest economic growth in 2025, according to the latest report from the International Monetary Fund (IMF).
The report predicts Zambia’s Gross Domestic Product (GDP) will grow by 6.6%, placing it as the sixth fastest-growing economy on the continent.
The IMF attributes this growth forecast to improving weather patterns and the resolution of supply chain challenges that have previously slowed economic activities. These developments create opportunities for Zambia to strengthen its economic base and foster recovery in key sectors.
The Economics Association of Zambia (EAZ) has expressed optimism about the projection, describing it as achievable given ongoing government reforms.
EAZ National Secretary Nicholas Mainza pointed out that the reopening and expansion of mining operations are central to the country’s economic revival. He noted that these activities, coupled with structural adjustments, could pave the way for sustainable economic progress.
Isaac Mwaipopo, Executive Director of the Centre for Trade Policy and Development (CTPD), also weighed in, emphasising the need for stable energy supply and favourable agricultural conditions to meet the projected growth.
Zambia’s potential for growth is further supported by increased investment in key sectors and the implementation of reforms aimed at stabilising the economy.
With improved conditions, the country is positioned to achieve the anticipated economic expansion and strengthen its position among Africa’s leading economies.
The IMF report marks a promising outlook for Zambia as it seeks to capitalise on these positive developments to drive economic prosperity.
