Population: 17.8 million
Land Area: 752,618 sq km
Main Official Language(s): English
Capital: Lusaka
Mining Region(s): Copperbelt Province, North-Western Province, Southern Province, Luapula Province, Central Province and Eastern Province
Chief of State: Edgar Lungu (since 25 January 2015)
Natural Resources: copper, cobalt, zinc, lead, coal, emeralds, gold, silver, uranium, hydropower
Human Development Index Ranking (1 – 189): 146
Source: UNDPGDP, PPP (constant 2017 international $): US$ 62,147,314.84
Source: World Bank 2019GDP per capita, PPP (constant 2017 international $): US$ 3,479
Source: World Bank 2019GDP Growth Rate: 1.7%
Source: World Bank 2019Exports: Raw Copper ($5.42B), Refined Copper ($3.06B), Cobalt ($249M),
Source: OEC 2018Export partners: Switzerland (42.08%), China (14.45%), DRC (9.54%), Singapore (7.73%), South Africa (4.85%)
Source: World Bank 2018
Imports: Copper Ore ($1.04B), Refined Petroleum ($701M), Crude Petroleum ($383M), Delivery Trucks ($243M), and Nitrogenous Fertilizers ($200M),
Source: OEC 2018Import partners: South Africa (28.82%), DRC (14.73%), China (13.64%), UAE (6.3%), India (4.68%)
Source: World Bank 2018Transparency International Corruption Perceptions Index Score: 34/100
Source: Transparency International 2019TAXATION RATESCorporate income tax rate on mining operations: 30%
Corporate income tax rate: 35%
Source: PWC
ROYALTIESCopper Price:
4,500 US$/t= 5.5%
4,500-6,000 US$/t= 6.5%
6000-7500 US$/t= 7.5%
7500-9000 US$/t= 8.5%
9000+ US$/t= 10%
Cobalt and Vanadium: 8%
Base Metals: 5%
Precious Metals: 6%
Industrial Minerals: 5%
Gemstones: 6%
Source: PWC 2020Import duties on imported machinery: 25%
Value Added Tax: 16%
Source: Corpus Legal Practitioners Business Environment Ranking (1 – 190)Ease of Doing Business: 85
Starting a Business: 117
Dealing with construction permits: 67
Getting electricity: 129
Registering property: 149
Paying Taxes: 17
Enforcing Contracts: 130
Source: World Bank 2020