Labor force | 15.191 million (2023 est.) |
---|---|
Industrial production growth rate | 10.43% (2023 est.) |
Industries | aluminum, petroleum products, chemicals (fertilizer, soap, paints), textiles, cement, glass, asbestos, tobacco, food, beverages |
Population below poverty line | 46.1% (2014 est.) |
Taxes and other revenues | 23.25% (of GDP) (2022 est.) |
Fiscal year | |
Exchange rates | |
Currency | meticais (MZM) per US dollar - |
Exchange rates 2023 | 63.886 (2023 est.) |
Exchange rates 2022 | 63.851 (2022 est.) |
Exchange rates 2021 | 65.465 (2021 est.) |
Exchange rates 2020 | 69.465 (2020 est.) |
Exchange rates 2019 | 62.548 (2019 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $3.515 billion (2023 est.) |
Reserves of foreign exchange and gold 2022 | $2.939 billion (2022 est.) |
Reserves of foreign exchange and gold 2021 | $3.781 billion (2021 est.) |
Current account balance | |
Current account balance 2023 | -$2.426 billion (2023 est.) |
Current account balance 2022 | -$6.88 billion (2022 est.) |
Current account balance 2021 | -$3.436 billion (2021 est.) |
Public debt | |
Public debt 2022 | 78.62% of GDP (2022 est.) |
Budget | |
Revenues | $5.388 billion (2022 est.) |
Expenditures | $4.91 billion (2022 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 3.22% of GDP (2023 est.) |
Remittances 2022 | 1.34% of GDP (2022 est.) |
Remittances 2021 | 4.57% of GDP (2021 est.) |
Household income | |
Lowest 10% | 1.6% (2019 est.) |
Highest 10% | 41.2% (2019 est.) |
Imports | |
Imports 2023 | $11.18 billion (2023 est.) |
Imports 2022 | $15.932 billion (2022 est.) |
Imports 2021 | $10.534 billion (2021 est.) |
Imports (partners) | South Africa 23%, South Korea 20%, China 12%, India 10%, Democratic Republic of the Congo 5% (2022) |
Comodities Imports force | ships, refined petroleum, iron alloys, chromium ore, refined copper (2022) |
Exports | |
Imports 2023 | $11.18 billion (2023 est.) |
Imports 2022 | $15.932 billion (2022 est.) |
Imports 2021 | $10.534 billion (2021 est.) |
Exports (partners) | India 22%, South Africa 9%, South Korea 8%, Italy 7%, China 6% (2022) |
Comodities Exports force | coal, aluminum, coke, natural gas, gold (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $50.631 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $48.22 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $46.206 billion (2021 est.) |
GDP (official exchange rate) | $20.625 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $1,500 (2023 est.) |
Real GDP per capita 2022 | $1,500 (2022 est.) |
Real GDP per capita 2021 | $1,400 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 26.7% (2022 est.) |
Industry | 22.8% (2022 est.) |
Services | 40.6% (2022 est.) |
GDP - composition, by end use | |
Household consumption | 75.2% (2022 est.) |
Government consumption | 16.7% (2022 est.) |
Investment in fixed capital | 38.6% (2022 est.) |
Exports of goods and services | 52.5% (2022 est.) |
Imports of goods and services | -83% (2022 est.) |
Unemployment rate | |
Unemployment rate 2023 | 3.54% (2023 est.) |
Unemployment rate 2022 | 3.62% (2022 est.) |
Unemployment rate 2021 | 3.98% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 7.6% (2023 est.) |
Male | 7.9% (2023 est.) |
Female | 7.3% (2023 est.) |
Want to know more about Mozambique? Check all different factbooks for Mozambique below.