Mozambique: Economy

Economic Trivia

Mozambique had one of the highest economic growth rates in Africa during the last decade.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): South Africa, Netherlands, and China
Top 3 Exported Goods (2015): Aluminum, Oil & Mineral Fuels, and Tobacco

Top Industries Source: CIA World Factbook

Aluminum; Petroleum Products; Chemicals (Fertilizer, Soap, Paints); Textiles

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $33,176,597,932 (2015)
GDP Growth Rate (annual %) 6.267% (2015)
GDP Per Capita, PPP (current international) $1,186 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 120/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 3.551% (2015)
External debt stocks, total (DOD, current US$) $7,792,576,000 (2014)
Total tax rate (% of commercial profits) 36.1% (2015)
Real Interest Rate (5 year average %) 10.428% (2015)
Manufacturing, value added (% of GDP) 9.681% (2015)
Current Account Balance (BoP, current US$) ($6,155,415,028) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 12,471,084 (2014)
Employment in Agriculture (% of total employment) 80.5% (2003)
Employment in Industry (% of total employment) 3.4% (2003)
Employment in Services (% of total employment) 16.1% (2003)
Unemployment Rate 22.6% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $9,610,440,828 (2015)
Exports of goods and services (current US$) $3,843,115,768 (2015)
Total Merchandise Trade (% of GDP) 84.526% (2014)
FDI, net inflows (BoP, current US$) $3,712,305,397 (2015)
Commercial Service Exports (current US$) $724,847,031 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Mozambique’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary