Zambia - Other expense (current LCU)

The value for Other expense (current LCU) in Zambia was 181,729,900 as of 2019. As the graph below shows, over the past 21 years this indicator reached a maximum value of 337,678,900 in 2001 and a minimum value of 2,600,000 in 1998.

Definition: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1998 2,600,000
1999 7,700,000
2001 337,678,900
2002 20,651,780
2003 95,747,600
2004 160,382,300
2005 49,759,000
2006 128,100,000
2007 88,834,880
2008 87,853,440
2009 140,620,100
2010 157,163,500
2011 225,738,100
2012 297,776,700
2013 200,575,300
2014 124,886,800
2015 262,833,800
2016 147,718,800
2017 203,201,600
2018 324,799,600
2019 181,729,900

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance