National anthem:
name: "Lumbanyeni Zambia" (Stand and Sing of Zambia, Proud and Free)
lyrics/music: multiple/Enoch Mankayi SONTONGA
note: adopted 1964; the melody, from the popular song "God Bless Africa," is the same as that of Tanzania but with different lyrics; the melody is also incorporated into South Africa's anthem
Economy ::Zambia
Economy - overview:
Zambia's economy has experienced strong growth in recent years, with real GDP growth in 2005-08 about 6% per year. Privatization of government-owned copper mines in the 1990s relieved the government from covering mammoth losses generated by the industry and greatly improved the chances for copper mining to return to profitability and spur economic growth. Copper output has increased steadily since 2004, due to higher copper prices and foreign investment. In 2005, Zambia qualified for debt relief under the Highly Indebted Poor Country Initiative, consisting of approximately USD 6 billion in debt relief. Poverty remains a significant problem in Zambia, despite a stronger economy. Declining world commodity prices and demand slowed GDP growth in 2008, but a sharp rebound in copper prices and a bumper maize crop helped Zambia recover. Lack of economic diversity subjects Zambia to fluctuations in copper prices and in the weather.
GDP (purchasing power parity):
$20.03 billion (2010 est.) country comparison to the world: 125 $18.72 billion (2009 est.)
$17.61 billion (2008 est.)