Is Zambia a poor are rich country?

Zambia is classified as a low-income country by the World Bank, despite having abundant natural resources such as copper, cobalt, zinc, lead, coal, and emeralds. The country faces significant economic challenges, including high levels of poverty, inequality, and unemployment. According to the 2021 estimates by the World Bank, approximately 58.2% of the population lives below the national poverty line. Zambia's economy heavily relies on copper mining, which contributes significantly to the country's export earnings. However, fluctuations in global copper prices and challenges in diversifying the economy have impacted Zambia's overall economic stability.

Efforts are being made to improve infrastructure, attract foreign investment, and prioritize sectors such as agriculture, tourism, and manufacturing to foster economic growth and reduce poverty. Despite these challenges, Zambia has potential for economic development due to its natural resources, young population, and strategic location in the Southern African region.