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) $39,168,174,922 (2018)
GDP Growth Rate (annual %) 3.265% (2018)
GDP Per Capita, PPP (current international) $1,328 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 120/196 (2018)

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 %) 15.113% (2017)
External debt stocks, total (DOD, current US$) $15,217,626,486 (2018)
Total tax rate (% of commercial profits) 36.1% (2019)
Real Interest Rate (5 year average %) 13.287% (2017)
Manufacturing, value added (% of GDP) 10.66% (2018)
Current Account Balance (BoP, current US$) ($4,362,108,107) (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 13,237,524 (2019)
Employment in Agriculture (% of total employment) 71.345% (2019)
Employment in Industry (% of total employment) 8.05% (2019)
Employment in Services (% of total employment) 20.605% (2019)
Unemployment Rate 3.19% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $11,069,100,265 (2018)
Exports of goods and services (current US$) $5,885,747,133 (2018)
Total Merchandise Trade (% of GDP) 82.875% (2018)
FDI, net inflows (BoP, current US$) $2,678,190,544 (2018)
Commercial Service Exports (current US$) $777,813,078 (2018)
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

Sources

  1. The World Bank