Trends and prospects of industrial development in Zambia

Abstract

Zambia attained independence in October 1964- Zambia's economy is built on copper which in recent years has provided about 60 per cent of monetary G.D.P. and over 90 per cent of the country's exports. With the soaring copper prices in 1964 the visible trade surplus was £90 million and the balance of payments surplus nearly £39 million. In 1964, G.D.P. was £340 million, which was an increase of over 16 percent on 1963 and an increase in real output of 10 per cent.