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World/Forecast/Zambia

Forecast

Zambia — macro forecast

Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Forecast

Forward projections

Need it as JSON? GET /api/v1/forecast/country/{iso3}.

Forecast heldDerivedledger 51018ed
Real GDP growth — 2026 baseline projection
3.53

Zambia: forward projections across 15 macro indicators, horizons 2025, 2026, 2027, 2028, 2029, 2030, 2034, 2035. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Below naive baseline · -2%

Nowcast

Where the data already points

Each indicator nowcast from its strongest leading series — inferable from observations already in hand.

Leading-indicator nowcastDerived

For each indicator, Zambia's strongest leading series is fit by ordinary least squares over their shared observed history, then the leader's already-observed recent values project the target — so the next year or two is inferable from data already in hand. These are nowcasts from a leading correlation: correlation, not causation, and not a guaranteed forecast.

Unemployment

high confidence

Led by GDP (current US$) by 1 year (it moves inversely tothe target; r = -0.891 over 35 obs).

YearNowcastImplied by GDP (current US$) in
20264.442025 (28.9bn)

Latest observed2.3(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
2026-6.774.8-18.33-9.24 – -4.3
2028-9.310.73-29.34-13.84 – -4.77
2030-11.8414.02-30-18.06 – -5.61
2035-18.1818.39-30-28.55 – -7.81

Blended 1-yr-ahead1.94· skill-weighted across models

Track record±9.07typical miss · 1 realized · 394% MAPE

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Exports of goods and services

Below naive baseline · -6%

Latest observed34.98(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202535.4250.822.0932.65 – 38.18
202736.2962.9213.230.74 – 41.83
202937.1671.547.3529.27 – 45.04
203439.3387.96026.09 – 52.57

Blended 1-yr-ahead34.62· skill-weighted across models

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Weak track record · +4%

Latest observed28.9bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202628.8bn37.5bn21.2bn27.3bn – 30.3bn
202829bn44.1bn15.9bn25.8bn – 32.2bn
203029.2bn48.7bn12.3bn24.6bn – 33.9bn
203529.8bn57.4bn5.9bn21.7bn – 37.8bn

Blended 1-yr-ahead44.7bn· skill-weighted across models

Track record±13.6bntypical miss · 1 realized · 32% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Below naive baseline · -10%

Latest observed3.76(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20263.5311.73-3.582.1 – 4.95
20283.0912-9.230.57 – 5.6
20302.6412-10-0.62 – 5.91
20351.5412-10-3.03 – 6.11

Blended 1-yr-ahead5.71· skill-weighted across models

Track record±2.07typical miss · 1 realized · 37% MAPE

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Weak track record · +4%

Latest observed1.3k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20261.3k1.7k8961.2k – 1.4k
20281.2k2k551.211.1k – 1.4k
20301.2k2.2k294.86949.98 – 1.4k
20351k2.4k0679.82 – 1.3k

Blended 1-yr-ahead2k· skill-weighted across models

Track record±598.08typical miss · 1 realized · 32% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

General government debt to GDP

Below naive baseline · 0%

Latest observed82.1(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
2026106.69149.6657.198.37 – 115.01
2028118.86193.2932.98101.71 – 136.02
2030131.04227.1320.17105.77 – 156.31
2035161.48297.374.68114.74 – 208.22

Blended 1-yr-ahead84.45· skill-weighted across models

Track record±24.59typical miss · 1 realized · 30% MAPE

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Imports of goods and services

Below naive baseline · -1%

Latest observed27.55(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202526.6636.916.4324.67 – 28.66
202724.8942.617.1720.98 – 28.8
202923.1145.990.2317.76 – 28.46
203418.6751.03010.73 – 26.61

Blended 1-yr-ahead26.4· skill-weighted across models

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Below naive baseline · -41%

Latest observed13.91(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202613.1925.320.1910.29 – 16.09
202811.6832.69-56.46 – 16.9
203010.1837.29-53.35 – 17
20356.4144.76-5-3.12 – 15.94

Blended 1-yr-ahead5.92· skill-weighted across models

Track record±5.19typical miss · 1 realized · 65% MAPE

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Gross fixed capital formation to GDP

Below naive baseline · -4%

Latest observed21.6(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202520.0625.4415.418.97 – 21.15
202715.8225.147.7413.73 – 17.91
202911.5823.611.158.93 – 14.22
20340.9717.9900 – 3.56

Blended 1-yr-ahead19.98· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Total population

Strong track record · +87%

Latest observed21.9m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202621.8m22.8m20.8m21.1m – 22.4m
202822.4m23.5m21.4m20.8m – 24.1m
203023.1m24.2m22.1m20.5m – 25.7m
203524.7m25.9m23.6m19.6m – 29.9m

Blended 1-yr-ahead23m· skill-weighted across models

Track record±760.4ktypical miss · 1 realized · 3% MAPE

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Below naive baseline · -1%

Latest observed0.06(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2026-0.0712.02-9.13-1.59 – 1.46
2028-0.1815-10-2.84 – 2.49
2030-0.2915-10-3.74 – 3.17
2035-0.5615-10-5.5 – 4.37

Blended 1-yr-ahead0.35· skill-weighted across models

Track record±0.51typical miss · 1 realized · 832% MAPE

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Total reserves (excluding gold)

Weak track record · +12%

Latest observed4.1bn(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20254.4bn5.7bn3.1bn4.1bn – 4.6bn
20275.2bn7.4bn2.9bn4.6bn – 5.7bn
20295.9bn8.8bn3bn5bn – 6.8bn
20347.9bn12bn3.7bn6bn – 9.7bn

Blended 1-yr-ahead4.4bn· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Reserves in months of imports

Below naive baseline · -5%

Latest observed3.29(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20253.164.41.922.92 – 3.4
202735.160.852.53 – 3.48
20292.925.710.142.26 – 3.58
20342.866.801.8 – 3.92

Blended 1-yr-ahead3.35· skill-weighted across models

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Total reserves (including gold)

Weak track record · +12%

Latest observed4.1bn(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20254.4bn5.7bn3.1bn4.1bn – 4.6bn
20275.2bn7.4bn2.9bn4.6bn – 5.7bn
20295.9bn8.8bn3bn5bn – 6.8bn
20347.9bn12bn3.7bn6bn – 9.7bn

Blended 1-yr-ahead4.4bn· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Unemployment rate

Weak track record · +5%

Latest observed5.92(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20265.966.984.945.71 – 6.21
20286.047.84.285.48 – 6.6
20306.128.393.845.28 – 6.96
20356.329.543.14.81 – 7.82

Blended 1-yr-ahead5.93· skill-weighted across models

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Reliability badges show each indicator's best model skill— how much it beats a naive last-value forecast, measured out-of-sample on that series' own observed history (backtested one-step-ahead). A track record, not a guarantee of future accuracy.

Generated by the prediction engine (model prediction-engine-v1) on 2026-10-31 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/forecast/country/ZMB · Country page → · Full brief → · API docs

Fit: Unemployment ≈ 17.038 + 0·GDP (current US$). Correlation, not causation.

GDP (current US$)

high confidence

Led by Unemployment by 1 year (it moves inversely tothe target; r = -0.842 over 34 obs).

YearNowcastImplied by Unemployment in
202624bn2025 (5.92)

Fit: GDP (current US$) ≈ 34309570726.9652 + -1736152734.6604·Unemployment. Correlation, not causation.

CPI inflation

high confidence

Led by Govt debt / GDP by 1 year (it moves withthe target; r = 0.808 over 25 obs).

YearNowcastImplied by Govt debt / GDP in
202613.692025 (100.6)

Fit: CPI inflation ≈ 7.1801 + 0.0647·Govt debt / GDP. Correlation, not causation.

Govt debt / GDP

moderate confidence

Led by CPI inflation by 1 year (it moves withthe target; r = 0.676 over 26 obs).

YearNowcastImplied by CPI inflation in
202689.012025 (13.91)

Fit: Govt debt / GDP ≈ -7.1682 + 6.9146·CPI inflation. Correlation, not causation.

Current account / GDP

low confidence

Led by Govt debt / GDP by 1 year (it moves inversely tothe target; r = -0.589 over 25 obs).

YearNowcastImplied by Govt debt / GDP in
2026-1.332025 (100.6)

Fit: Current account / GDP ≈ 4.7153 + -0.0601·Govt debt / GDP. Correlation, not causation.

Machine-readable: GET /api/v1/nowcast/country/ZMB?indicator= · API docs