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 (2018): South Africa, India, and Netherlands
Top 3 Exported Goods (2018): Oil & Mineral Fuels, Aluminum, and Ores

Top Industries Source: CIA World Factbook

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

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $40,525,016,727 (2020)
GDP Growth Rate (annual %) -1.282% (2020)
GDP Per Capita, PPP (current international) $1,297 (2020)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 118/197 (2020)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 2.781% (2019)
External debt stocks, total (DOD, current US$) $20,354,093,686 (2019)
Total tax rate (% of commercial profits) 36.1% (2019)
Real Interest Rate (5 year average %) 13.456% (2020)
Manufacturing, value added (% of GDP) 9.057% (2019)
Current Account Balance (BoP, current US$) ($3,812,791,442) (2020)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 13,310,127 (2020)
Employment in Agriculture (% of total employment) 69.91% (2020)
Employment in Industry (% of total employment) 8.596% (2020)
Employment in Services (% of total employment) 21.494% (2020)
Unemployment Rate 3.39% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $11,550,522,166 (2019)
Exports of goods and services (current US$) $6,271,225,103 (2019)
Total Merchandise Trade (% of GDP) 71.719% (2020)
FDI, net inflows (BoP, current US$) $2,180,768,236 (2019)
Commercial Service Exports (current US$) $763,559,186 (2020)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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


  1. The World Bank