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 (2017): South Africa, India, and Netherlands
Top 3 Exported Goods (2017): Oil & Mineral Fuels, Aluminum, 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) $37,005,211,621 (2017)
GDP Growth Rate (annual %) 3.711% (2017)
GDP Per Capita, PPP (current international) $1,247 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 119/195 (2017)

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$) $10,293,919,000 (2016)
Total tax rate (% of commercial profits) 36.1% (2017)
Real Interest Rate (5 year average %) 16.474% (2017)
Manufacturing, value added (% of GDP) 8.678% (2016)
Current Account Balance (BoP, current US$) ($2,557,931,095) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 12,898,678 (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$) $8,712,678,335 (2017)
Exports of goods and services (current US$) $4,719,734,957 (2017)
Total Merchandise Trade (% of GDP) 84.485% (2017)
FDI, net inflows (BoP, current US$) $2,319,071,971 (2017)
Commercial Service Exports (current US$) $657,510,050 (2017)
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