Zambia – Fast Facts
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Zambia is a Lower income economy comes under the Sub Saharan African region, as to the classification made by the World Bank on the basis of income and region for the year 2006.
Though both budgetary reforms and privatization process is going on in Zambia’s economy, still the economy growth is not satisfactory. Around 50% of the Gross Domestic Product in Zambia ‘s economy comes from the services sector followed by the industrial sector.
Zambia is a Lower income economy comes under the Sub Saharan African region, as to the classification made by the World Bank on the basis of income and region for the year 2006.
Though both budgetary reforms and privatization process is going on in Zambia’s economy, still the economy growth is not satisfactory. Around 50% of the Gross Domestic Product in Zambia ‘s economy comes from the services sector followed by the industrial sector.
Major agricultural products in the country are Maize, tobacco, groundnuts, cotton and sugar. Important industries are chemicals, textiles, foodstuffs, fertilizer and copper mining. The mineral availabilities in the country are copper, zinc, cobalt, lead, and uranium.
