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) [1]

GDP, PPP (current international) $35,079,498,462 (2016)
GDP Growth Rate (annual %) 3.849% (2016)
GDP Per Capita, PPP (current international) $1,217 (2016)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 120/195 (2016)

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 %) 9.966% (2016)
External debt stocks, total (DOD, current US$) $10,293,919,000 (2016)
Total tax rate (% of commercial profits) 36.1% (2017)
Real Interest Rate (5 year average %) 8.032% (2016)
Manufacturing, value added (% of GDP) 9.533% (2016)
Current Account Balance (BoP, current US$) ($3,912,303,016) (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 12,898,595 (2017)
Employment in Agriculture (% of total employment) 73.299% (2017)
Employment in Industry (% of total employment) 4.266% (2017)
Employment in Services (% of total employment) 22.435% (2017)
Unemployment Rate 25.041% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $8,498,235,560 (2016)
Exports of goods and services (current US$) $3,828,497,482 (2016)
Total Merchandise Trade (% of GDP) 77.723% (2016)
FDI, net inflows (BoP, current US$) $3,128,149,929 (2016)
Commercial Service Exports (current US$) $440,450,451 (2016)
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