Mozambique Economic Statistics and Indicators

21, May 2018, EDT. Welcome to the Mozambique economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Mozambique › Change country
National or Regional Currency: Metical, MZM
Year of data: 2015 › Change year
Number of Indicators Listed: 35
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 24,692,144 ; note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2014 est.)
Area: total: 799,380 sq km ; land: 786,380 sq km ; water: 13,000 sq km
Natural Resources: coal, titanium, natural gas, hydropower, tantalum, graphite
Capital: name: Maputo ; geographic coordinates: 25 57 S, 32 35 E ; time difference: UTC+2 (7 hours ahead of Washington, DC, during Standard Time)

At independence in 1975, Mozambique was one of the world's poorest countries. Socialist mismanagement and a brutal civil war from 1977-92 exacerbated the situation. In 1987, the government embarked on a series of macroeconomic reforms designed to stabilize the economy. These steps, combined with donor assistance and with political stability since the multi-party elections in 1994, have led to dramatic improvements in the country's growth rate. Fiscal reforms, including the introduction of a value-added tax and reform of the customs service, have improved the government's revenue collection abilities. In spite of these gains, Mozambique remained dependent upon foreign assistance for 40% of its 2012 annual budget and over half the population remained below the poverty line. Subsistence agriculture continues to employ the vast majority of the country's work force and smallholder agricultural productivity and productivity growth is weak. A substantial trade imbalance persists although aluminum production from the Mozal smelter has significantly boosted export earnings in recent years. In 2012, The Mozambican government took over Portugal's last remaining share in the Cahora Bassa Hydroelectricity Company (HCB), a signficant contributor to the Southern African Power Pool. The government has plans to expand the Cahora Bassa Dam and build additional dams to increase its electricity exports and fulfill the needs of its burgeoning domestic industries. Mozambique's once substantial foreign debt has been reduced through forgiveness and rescheduling under the IMF's Heavily Indebted Poor Countries (HIPC) and Enhanced HIPC initiatives, and is now at a manageable level. In July 2007, the US government's Millennium Challenge Corporation (MCC) signed a $506.9 million Compact with Mozambique. Compact projects will end in September 2013 and are focusing on improving sanitation, roads, agriculture, and the business regulation environment in an effort to spur economic growth in the four northern provinces of the country. Citizens rioted in September 2010, after fuel, water, electricity, and bread price increases were announced. In an attempt to lessen the negative impact on people, the government implemented subsidies, decreased taxes and tariffs, and instituted other fiscal measures. Mozambique grew at an average annual rate of 6%-8% in the decade up to 2013, one of Africa's strongest performances. Mozambique's ability to attract large investment projects in natural resources is expected to fuel continued high growth in coming years. Revenues from these vast resources, including natural gas, coal, titanium and hydroelectric capacity, could overtake donor assistance within five years.
More on the Mozambique Economy
More on the Mozambique Export, Import and Trade

Economic Indicator Listing
  For Mozambique in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 6.3 %
GDP (Current Prices, National Currency)MZM 598.329 Billion.
GDP (Current Prices, US Dollars)US$ 14.965 Billion
GDP Deflator 132.933 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)MZM 16,087.67 .
GDP Per Capita (Current Prices, National Currency)MZM 21,385.80 .
GDP Per Capita (Current Prices, US Dollars)US$ 534.879
GDP (PPP), US DollarsUS$ 33.187 Billion
GDP Per Capita (PPP), US DollarsUS$ 1,186.19
GDP Share of World Total (PPP) 0.029 %
Implied PPP Conversion Rate 18.029
Investment (% of GDP) 28.239 %
Gross National Savings (% of GDP) -13.091 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 199.691 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 2.392 %
Inflation, End of Year (Indexed to Year 2000) 215.571 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 11.099 %
Import Volume of All Items Including Goods and Services (Percent Change) 7.632 %
Import Volumes of Goods Only (Percent Change) 8.96 %
Export Volume of All Items Including Goods and Services (Percent Change) 1.533 %
Export Volumes of Goods Only (Percent Change) -0.909 %
Population 27.978 Million
General government revenue (National Currency)MZM 176.172 Billions.
General government revenue (% of GDP) 29.444 %
General government total expenditure (National Currency)MZM 211.887 Billions.
General government total expenditure (% of GDP) 35.413 %
Total Government Net Lending/ Borrowing (National Currency)MZM -35.716 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -5.969 %
Fiscal Year Gross Domestic Product, Current PricesMZM 598.329 Billions.
Current Account Balance (US Dollars)US$ -6.185 Billion
Current Account Balance (% GDP) -41.33 %
Economic Indicators for Mozambique 2015

GDP (Constant Prices, National Currency) for Mozambique in year 2015 is MZM 450.099 Billion.

GDP Growth (Constant Prices, National Currency) for Mozambique in year 2015 is 6.3 %.

GDP (Current Prices, National Currency) for Mozambique in year 2015 is MZM 598.329 Billion.

GDP (Current Prices, US Dollars) for Mozambique in year 2015 is US$ 14.965 Billion.

GDP Deflator for Mozambique in year 2015 is 132.933 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Mozambique in year 2015 is MZM 16,087.67 .

GDP Per Capita (Current Prices, National Currency) for Mozambique in year 2015 is MZM 21,385.80 .

GDP Per Capita (Current Prices, US Dollars) for Mozambique in year 2015 is US$ 534.879 .

GDP (PPP), US Dollars for Mozambique in year 2015 is US$ 33.187 Billion.

GDP Per Capita (PPP), US Dollars for Mozambique in year 2015 is US$ 1,186.19 .

GDP Share of World Total (PPP) for Mozambique in year 2015 is 0.029 %.

Implied PPP Conversion Rate for Mozambique in year 2015 is 18.029 .

Investment (% of GDP) for Mozambique in year 2015 is 28.239 %.

Gross National Savings (% of GDP) for Mozambique in year 2015 is -13.091 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Mozambique in year 2015 is 199.691 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Mozambique in year 2015 is 2.392 %.

Inflation, End of Year (Indexed to Year 2000) for Mozambique in year 2015 is 215.571 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Mozambique in year 2015 is 11.099 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Mozambique in year 2015 is 7.632 %.

Import Volumes of Goods Only (Percent Change) for Mozambique in year 2015 is 8.96 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Mozambique in year 2015 is 1.533 %.

Export Volumes of Goods Only (Percent Change) for Mozambique in year 2015 is -0.909 %.

Population for Mozambique in year 2015 is 27.978 Million .

General government revenue (National Currency) for Mozambique in year 2015 is MZM 176.172 Billions.

General government revenue (% of GDP) for Mozambique in year 2015 is 29.444 %.

General government total expenditure (National Currency) for Mozambique in year 2015 is MZM 211.887 Billions.

General government total expenditure (% of GDP) for Mozambique in year 2015 is 35.413 %.

Total Government Net Lending/ Borrowing (National Currency) for Mozambique in year 2015 is MZM -35.716 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Mozambique in year 2015 is -5.969 %.

Fiscal Year Gross Domestic Product, Current Prices for Mozambique in year 2015 is MZM 598.329 Billions.

Current Account Balance (US Dollars) for Mozambique in year 2015 is US$ -6.185 Billion.

Current Account Balance (% GDP) for Mozambique in year 2015 is -41.33 %.

* Source: IMF
Aggregate Indicators for Mozambique
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Mozambique
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Mozambique
  Natural Resources, Agricultural Products, Land Use and Water Use for Mozambique
  Nationality, Ethnic Groups, Languages and Religions for Mozambique
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Mozambique
  Age Structure, Median Age, Gender and Urbanization for Mozambique
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Mozambique
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Mozambique
  HIV, AIDS and Other Major Infectious Disease Rates for Mozambique
  Literacy Rate, Educational Expenditure and School Life Expectancy for Mozambique
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Mozambique
  Industries and Industrial Growth Production Rate for Mozambique
  Labor Force by Occupation for Mozambique
  Poverty Line, Gini Index, Household Income and Consumption for Mozambique
  National Budget and Public Debt for Mozambique
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Mozambique
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Mozambique
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Mozambique
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Mozambique
  Foreign Exchange Reserves and Gold Reserves for Mozambique
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Mozambique
  Exchange Rate Statistics for Mozambique
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Mozambique
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Mozambique
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Mozambique
  Television and Radio Statistics (TV Stats, Radio Stats) for Mozambique
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Mozambique
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Mozambique
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Mozambique
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Mozambique
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Mozambique
* Source: CIA
Internet Indicators for Mozambique
Indicators
  Number of Internet Users for Mozambique
  Internet Penetration Rate for Mozambique
  Number of Facebook Accounts for Mozambique
  Facebook Penetration Rate for Mozambique
* Source: IWS
Economic Freedom Indicators for Mozambique
Indicators
  Economic Freedom World Rank for Mozambique
  Government Spending for Mozambique
  Monetary Freedom for Mozambique
  Investment Freedom for Mozambique
  Financial Freedom for Mozambique
  Property Rights for Mozambique
  Economic Freedom Regional Ranking for Mozambique
  Freedom from Corruption for Mozambique
  Labor Freedom for Mozambique
  Tariff Rate for Mozambique
  Income Tax Rate for Mozambique
  Corporate Tax Rate for Mozambique
  Tax Burden % of GDP for Mozambique
  Government Expenditure % of GDP for Mozambique
  Business Freedom for Mozambique
  Trade Freedom for Mozambique
  Fiscal Freedom for Mozambique
  2016 Score for Mozambique
* Source: HFO
Mozambique Economic Indicators in other Years
  Mozambique Economic Indicators for Year 2021 (Forecast)
  Mozambique Economic Indicators for Year 2020 (Forecast)
  Mozambique Economic Indicators for Year 2019 (Forecast)
  Mozambique Economic Indicators for Year 2018 (Forecast)
  Mozambique Economic Indicators for Year 2017 (Forecast)
  Mozambique Economic Indicators for Year 2016 (Forecast)
Mozambique Economic Indicators for Year 2015 (Current)
  Mozambique Economic Indicators for Year 2014
  Mozambique Economic Indicators for Year 2013
  Mozambique Economic Indicators for Year 2012
  Mozambique Economic Indicators for Year 2011
  Mozambique Economic Indicators for Year 2010
  Mozambique Economic Indicators for Year 2009
  Mozambique Economic Indicators for Year 2008
  Mozambique Economic Indicators for Year 2007
  Mozambique Economic Indicators for Year 2006
  Mozambique Economic Indicators for Year 2005
  Mozambique Economic Indicators for Year 2004
  Mozambique Economic Indicators for Year 2003
  Mozambique Economic Indicators for Year 2002
  Mozambique Economic Indicators for Year 2001
  Mozambique Economic Indicators for Year 2000
  Mozambique Economic Indicators for Year 1999
  Mozambique Economic Indicators for Year 1998
  Mozambique Economic Indicators for Year 1997
  Mozambique Economic Indicators for Year 1996
  Mozambique Economic Indicators for Year 1995
  Mozambique Economic Indicators for Year 1994
  Mozambique Economic Indicators for Year 1993
  Mozambique Economic Indicators for Year 1992
  Mozambique Economic Indicators for Year 1991
  Mozambique Economic Indicators for Year 1990
  Mozambique Economic Indicators for Year 1989
  Mozambique Economic Indicators for Year 1988
  Mozambique Economic Indicators for Year 1987
  Mozambique Economic Indicators for Year 1986
  Mozambique Economic Indicators for Year 1985
  Mozambique Economic Indicators for Year 1984
  Mozambique Economic Indicators for Year 1983
  Mozambique Economic Indicators for Year 1982
  Mozambique Economic Indicators for Year 1981
  Mozambique Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International