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 | 15.78 USD Billion | 2021 |
| GDP Annual Growth Rate | 4.24 % | 4Q/22 |
| GDP Growth Rate | 2 % | 4Q/18 |
| GDP per capita | 573 USD | 2021 |
| Inflation Rate YoY | 10.3 % | Feb/23 |
| Interest Rate | 17.25 % | Mar/23 |
| Unemployment Rate | 25.04 % | 2017 |
| Balance of Trade | -342 USD Million | -0.342 B USD | 4Q/22 |
| Current Account | -743 USD Million | -0.743 B USD | 4Q/22 |
| Foreign Exchange Reserves | 2711 USD Million | 2.711 B USD | Jan/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 15.78 USD Billion | 2021 |
| GDP Annual Growth Rate | 4.24 % | 4Q/22 |
| GDP Growth Rate | 2 % | 4Q/18 |
| GDP per capita | 573 USD | 2021 |
| GDP Constant Prices | 173702 MZN Million | 2.753 B USD | 4Q/22 |
| GDP per capita PPP | 1227 USD | 2021 |
| GDP From Agriculture | 33127 MZN Million | 0.525 B USD | 4Q/22 |
| GDP From Construction | 3234 MZN Million | 0.051 B USD | 4Q/22 |
| GDP From Manufacturing | 14473 MZN Million | 0.229 B USD | 4Q/22 |
| GDP From Mining | 13412 MZN Million | 0.213 B USD | 4Q/22 |
| GDP From Public Administration | 10325 MZN Million | 0.164 B USD | 4Q/22 |
| GDP From Utilities | 4661 MZN Million | 0.074 B USD | 4Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 101 % | 2022 |
| Government Spending | 144978 MZN Million | 2.297 USD Billion | 2021 |
| Government Budget to GDP | -4.8 % | 2021 |
| Military Expenditure | 248 USD Million | 0.248 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 159 index points | Feb/23 |
| Food Inflation | 16.71 % | Feb/23 |
| Inflation Rate YoY | 10.3 % | Feb/23 |
| Producer Prices | 140 index points | Dec/22 |
| Inflation Rate Mom | 0.97 % | Feb/23 |
| CPI Housing Utilities | 145 Index Points | Feb/23 |
| CPI Transportation | 166 Index Points | Feb/23 |
| Producer Prices Change | 38 % | Jun/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -23.8 % | 2021 |
| Balance of Trade | -342 USD Million | -0.342 USD Billion | 4Q/22 |
| Capital Flows | -718 USD Million | -0.718 B USD | 4Q/22 |
| Current Account | -743 USD Million | -0.743 USD Billion | 4Q/22 |
| Exports | 2110 USD Million | 2.11 USD Billion | 4Q/22 |
| Foreign Exchange Reserves | 2711 USD Million | 2.711 USD Billion | Jan/23 |
| Imports | 2452 USD Million | 2.452 USD Billion | 4Q/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 3.94 Tonnes | 4Q/22 |
| Interest Rate | 17.25 % | Mar/23 |
| Loans to Private Sector | 261957600 MZN Thousand | 4.42 USD Billion | Dec/16 |
| Money Supply M3 | 641240 MZN Million | 10.161 USD Billion | Jan/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 5200 MZN/Month | 82.402 USD/Month | 2022 |
| 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 % | 2022 |
| Personal Income Tax Rate | 32 % | 2022 |
| Sales Tax Rate | 17 % | 2022 |
| Social Security Rate | 7 % | 2022 |
| Social Security Rate For Companies | 4 % | 2022 |
| Social Security Rate For Employees | 3 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | 9.3 % | Dec/22 |
| Mining Production | 16.8 % | Dec/22 |
| Industrial Production (MoM) | -0.4 % | Dec/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 94.7 index points | Dec/22 |
| 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 | 50.5 Index Points | Feb/23 |
| Leading Economic Index | 6.6 % | Dec/22 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Retail Sales MoM | -3.7 % | Jan/23 |
| Retail Sales YoY | 30.8 % | Jan/23 |
| Consumer Spending | 476516 MZN Million | 7.551 B USD | 2021 |
