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Indicators of economy in Mozambique

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in Mozambique reached 449 US dollars per inhabitant, or 14.02 bn US Dollar in the whole country. Mozambique is one of the smaller economies and is currently ranked 129. If this is calculated per inhabitant taking into account the purchasing power parity, then Mozambique is in the list of the world's richest countries in place 185.

Inflation in Mozambique was in 2020 at around 3.14%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 65.0% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Mozambique

Impact of the Covid-19 pandemic in 2020

The consequences of the Covid pandemic were not insignificant in Mozambique 2020. Overall, gross domestic product in 2020 fell from 15.38 billion US Dollar auf 14.02 billion US Dollar. With a drop of 8.9 percent, the economy in Mozambique suffered more significant losses than other countries.. The tourism sector alone slumped by around 65 percent. The unemployment rate rose from 3.5 to 3.8 percent. The consumer inflation rate has risen from 2.8% previously to 3.1% now.

Unemployment rates in percent 1991 - 2021

Economic performance 2020

 Mozambique
Total
Mozambique
per capita
EU
Total
EU
per capita
GDP14.02 bn USD448.54 USD15,291.93 tn USD29,692.11 USD
Gross national product14.41 bn USD461.09 USD15,330.84 tn USD29,767.66 USD


Development of the Gross domestic product in billion US Dollar 1980 - 2020



Im- and Exports 2020

 Mozambique
Total
Mozambique
per capita
EU
Total
EU
per capita
Imports8.36 bn USD267.60 USD7,340.01 bn USD14,251.98 USD
Exports4.37 bn USD139.81 USD7,939.04 bn USD15,415.11 USD


Development of imports and exports in billion US dollars 2005 - 2020

Exports
Imports



Mozambique: AirportsLargest airports and airlines in MozambiqueThe 10 biggest airports and 2 airlines in Mozambique with further information and data
Pariah StatesList of the 11 current Pariah States11 countries, which suffer from the sanctions of the international community because of their mostly autocratic government.
New Zealand: TourismDevelopment and importance of tourism for New ZealandInternational travelers and tourism sector revenues from 1995-2020 in New Zealand, including comparison with other countries in Australia/New Zealand