Economy of Mozambique. Statistics, Data and Indicators
Mozambique
| 30SD | Credit rank #92 |
| N/A | Quality of life # |
| 142 | Corruption rank#144 |
| 138 | Ease of doing business#120 |
Mozambique Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 17.85 USD Billion | 2022 |
| GDP Annual Growth Rate | 4.67 % | 2Q/23 |
| GDP Growth Rate | 2 % | 4Q/18 |
| GDP per capita | 581 USD | 2022 |
| Inflation Rate YoY | 4.63 % | Sep/23 |
| Interest Rate | 17.25 % | Sep/23 |
| Unemployment Rate | 25.04 % | 2017 |
| Balance of Trade | -253 USD Million | -0.253 B USD | 2Q/23 |
| Current Account | -578 USD Million | -0.578 B USD | 2Q/23 |
| Foreign Exchange Reserves | 3081 USD Million | 3.081 B USD | Aug/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 17.85 USD Billion | 2022 |
| GDP Annual Growth Rate | 4.67 % | 2Q/23 |
| GDP Growth Rate | 2 % | 4Q/18 |
| GDP per capita | 581 USD | 2022 |
| GDP Constant Prices | 195293 MZN Million | 3.087 B USD | 2Q/23 |
| GDP per capita PPP | 1243 USD | 2022 |
| GDP From Agriculture | 50566 MZN Million | 0.799 B USD | 2Q/23 |
| GDP From Construction | 2704 MZN Million | 0.043 B USD | 2Q/23 |
| GDP From Manufacturing | 13031 MZN Million | 0.206 B USD | 2Q/23 |
| GDP From Mining | 14605 MZN Million | 0.231 B USD | 2Q/23 |
| GDP From Public Administration | 13284 MZN Million | 0.21 B USD | 2Q/23 |
| GDP From Utilities | 4529 MZN Million | 0.072 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 101 % | 2022 |
| Government Spending | 193710 MZN Million | 3.062 USD Billion | 2022 |
| Government Budget to GDP | -3.7 % | 2022 |
| Military Expenditure | 282 USD Million | 0.282 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 159 index points | Sep/23 |
| Food Inflation | 3.01 % | Sep/23 |
| Inflation Rate YoY | 4.63 % | Sep/23 |
| Producer Prices | 141 index points | Mar/23 |
| Inflation Rate Mom | 0.34 % | Sep/23 |
| CPI Housing Utilities | 154 Index Points | Sep/23 |
| CPI Transportation | 173 Index Points | Sep/23 |
| Producer Prices Change | 38 % | Jun/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -39.1 % | 2022 |
| Balance of Trade | -253 USD Million | -0.253 USD Billion | 2Q/23 |
| Capital Flows | -571 USD Million | -0.571 B USD | 2Q/23 |
| Current Account | -578 USD Million | -0.578 USD Billion | 2Q/23 |
| Exports | 1995 USD Million | 1.995 USD Billion | 2Q/23 |
| Foreign Exchange Reserves | 3081 USD Million | 3.081 USD Billion | Aug/23 |
| Imports | 2249 USD Million | 2.249 USD Billion | 2Q/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 3.94 Tonnes | 2Q/23 |
| Interest Rate | 17.25 % | Sep/23 |
| Loans to Private Sector | 261957600 MZN Thousand | 4.42 USD Billion | Dec/16 |
| Money Supply M3 | 641254 MZN Million | 10.138 USD Billion | Jul/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 5800 MZN/Month | 91.695 USD/Month | 2023 |
| Unemployment Rate | 25.04 % | 2017 |
| Living Wage Individual | 7790 MZN/Month | 111.185 USD/Month | 2018 |
| Wages High Skilled | 24900 MZN/Month | 355.392 USD/Month | 2018 |
| Wages Low Skilled | 9760 MZN/Month | 139.302 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 32 % | 2023 |
| Personal Income Tax Rate | 32 % | 2023 |
| Sales Tax Rate | 16 % | 2023 |
| Social Security Rate | 7 % | 2023 |
| Social Security Rate For Companies | 4 % | 2023 |
| Social Security Rate For Employees | 3 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | 0.4 % | Mar/23 |
| Mining Production | 11.6 % | Mar/23 |
| Industrial Production (MoM) | -11.5 % | Mar/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 92.3 index points | Jun/23 |
| Corruption Index | 26 index points | 2022 |
| Corruption Rank | 142 place | 2022 |
| Ease of Doing Business | 138 place | 2019 |
| Competitiveness Index | 38.08 Index Points | 2019 |
| Competitiveness Rank | 137 | 2019 |
| Composite PMI | 50.2 Index Points | Sep/23 |
| Leading Economic Index | -6.5 % | Jun/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Retail Sales MoM | -0.3 % | Jun/23 |
| Retail Sales YoY | 20.1 % | Jun/23 |
| Consumer Spending | 724435 MZN Million | 11.453 B USD | 2022 |
