Vol 87 2010 The Monthly June.pdf - Central Statistical Office of Zambia

Percentage Changes in GDP by Kind of Economic Activity, 2005-2009
KIND OF ECONOMIC ACTIVITY 2005 2006 2007 2008 2009**
(Preliminary)
2009*
(Revised)
Agriculture, Forestry and Fishing (0.6) 2.2 0.4 2.6 7.1 7.2
Mining and Quarrying 7.9 7.3 3.6 2.5 15.8 20.3
PRIMARY SECTOR 2.5 4.1 1.7 2.5 10.5 12.4
Manufacturing 2.9 5.7 3.0 1.8 2.5 2.2
Electricity, Gas and Water 5.4 10.5 1.0 (1.2) 8.6 6.8
Construction 21.2 14.4 20.0 8.7 15.5 9.5
SECONDARY SECTOR 10.0 9.8 10.0 4.7 9.4 6.2
Wholesale and Retail trade 2.4 2.0 2.4 2.7 3.0 2.3
Restaurants, Bars and Hotels 11.7 16.1 9.6 5.0 (14.5) (13.4)
Transport, Storage and Communications 11.0 22.1 19.2 15.8 3.1 7.6
Financial Institutions and Insurance 3.3 4.0 4.1 8.7 5.0 5.2
Real Estate and Business services 3.2 3.2 3.1 3.0 3.1 2.8
Community, Social and Personal Services 11.4 9.0 12.5 11.7 6.8 8.6
TERTIARY SECTOR 5.4 6.7 7.1 7.2 3.0 3.9
Less: FISIM 2.5 2.5 2.5 2.5 2.5 3.3
TOTAL GROSS VALUE ADDED 5.8 7.0 6.7 5.7 6.3 6.4
Taxes less subsidies on Products (0.1) (3.1) (0.3) 5.7 6.3 6.4
TOTAL G.D.P. AT MARKET PRICES 5.3 6.2 6.2 5.7 6.3 6.4
Source: 2009 National Accounts Statistics, CSO
**Preliminary
**Revised
The Mining and Quarrying industry grew
by 20.3 percent in 2009, up from only 2.5
percent in 2008. This is mainly due to an
increase in copper output, which
increased by 21.1 percent from 575, 036.8
metric tonnes produced in 2008 to 696,
411.1 metric tonnes in 2009. This is despite
the price of copper declining from an
average of 315.39 US Cents per pound in
2008 to 233.71 US Cents per pound in
2009.
Trend in Copper Prices in US Cents/lb, 2007-2009
Source: Statistics Fortnightly, Bank of Zambia
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