Country Economic Forecasts > Zambia - Oxford Economics Services

Country Economic Forecasts > Zambia

Country Economic Forecasts > Zambia - Oxford Economics Services
Country Economic Forecasts > Zambia
Published Mar 15, 2016
5 pages — Published Mar 15, 2016
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

GDP growth slowed to 3.7% in 2015, its lowest in over 15 years, due to poor mining and agricultural sector performance. The mining industry battled with weak copper prices, punitive tax policies and erratic power supply, while poor rainfall reduced crop output, negatively affected crop yield rates and crippled power generation capacity as dam levels fell.We have lowered our GDP growth forecast for 2016 to 3.4% from about 4% previously. This is a result of revised assumptions regarding the copper price, the crop outlook for the 2016/17 season and power generation capacity.Inflation accelerated for a seventh consecutive month to 22.9% in February, driven by drought, increases in administered prices and exchange rate pass-through, and is now forecast to average 23.5% in 2016. The ZMK has regained some stability as the central bank tightened monetary policy and sold US$, to the detriment of foreign exchange reserves, but the outlook for the ZMK remains bearish due to a widening inflation differential, a high import bill, the high budget and current account deficits (the latter around 10% of GDP) and rising political risk ahead of elections in August.

  
Source:
Document ID
329314
Country
Format:
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Sections

Title
Zambia:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > Zambia" Mar 15, 2016. Alacra Store. Nov 03, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Zambia-2111-5775>
  
APA:
Oxford Economics Services. (2016). Country Economic Forecasts > Zambia Mar 15, 2016. New York, NY: Alacra Store. Retrieved Nov 03, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Zambia-2111-5775>
  
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