Two-way investment brief
Australia–Zambia
Zambia direct investment in Australia
—
Total Zambia investment in Australia
—
Australian direct investment in Zambia
—
Total Australian investment in Zambia
—
Trend
Direct investment in both directions
- Zambia in Australia
- Australia in Zambia
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
- Direct investment
- Portfolio investment
- Other investment
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
Net transactions during the year; negative = net disinvestment
- Zambia → Australia
- Australia → Zambia
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
Trade relationship
Australia–Zambia trade
Investment and trade move together: the partners that invest most in Australia are usually major trading partners too. Goods trade is recorded monthly (latest: July 2026); services annually.
Two-way trade, 2025
A$52 m
Goods exports to Zambia, 2025
A$52 m
Goods imports from Zambia, 2025
—
Services trade, 2025
A$0 k
Calendar years, A$ (ABS merchandise trade)
- Exports to Zambia
- Imports from Zambia
Source: ABS, International Merchandise Trade (MERCH_EXP / MERCH_IMP), summed to calendar years.
Calendar years, A$ (ABS international trade in services by country)
- Exports to Zambia
- Imports from Zambia
Source: ABS, International Trade in Services by Country, calendar years.
Economic outlook
Zambia’s economy
| IMF World Economic Outlook | 2024 | 2025 | 2026forecast | 2027forecast | 2028forecast |
|---|---|---|---|---|---|
| Real GDP growth | 3.8% | 3.8% | 4.3% | 4.7% | 5.1% |
| Inflation | 15.0% | 13.9% | 9.0% | 8.0% | 7.0% |
| Current account, % GDP | −4.4% | −3.5% | 0.9% | 1.9% | 2.1% |
| Fiscal balance, % GDP | −3.5% | −3.8% | −4.9% | −4.4% | −3.1% |
| Government gross debt, % GDP | 125.2% | 86.0% | — | — | — |
Source: IMF World Economic Outlook via the IMF DataMapper API. Years from 2026 are IMF projections; recent years may be estimates and are revised in each WEO round (April and October).
2025 at a glance
- New FDI from Zambia
- —
- New Australian FDI in Zambia
- —
- Direct investment income paid to investors
- —
- Direct investment income earned by Australians
- —
Zambia globally (World Bank)
- FDI outflows, 2024
- $311 m · 67th
- FDI inflows, 2024
- $2.4 bn
- GDP, 2025
- $28.9 bn
- Region · income
- Sub-Saharan Africa · Lower-middle income
Regulatory openness (OECD FDIRRI)
OECD index data loading — see FDI openness
Sources: ABS, International Investment Position, Australia: Supplementary Statistics (cat. 5352.0), 2025 release, released 2026-05-06 — levels at 31 December and calendar-year flows and income, A$ millions, immediate counterparty basis (investment routed via third economies is attributed to the intermediate economy). World Bank WDI (US$). OECD FDI Regulatory Restrictiveness Index. np = not published for confidentiality; included in totalsPrepared independently by FDIstats from public statistics; not an Australian Government publication and not investment advice. For foreign investment rules, see the Treasury and FIRB.