Zambia’s Economic Surge: Q4 2024 GDP Growth Defies Expectations
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In a remarkable economic turnaround, Zambia’s economy posted an 8.6% GDP growth in the fourth quarter of 2024, surpassing the previous year’s 7.8% growth and exceeding market expectations. The surge was fueled by robust expansions in key sectors, despite persistent inflationary and trade challenges.
Sectoral Performance: Growth Champions & Declines
Zambia’s economic expansion was driven by stellar performances in three key sectors: