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MZ

Mozambique

MZ · MOZ · #35 · 11 cities

Nomad score 46/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$2,308
GDP (2031)
$35.6B
GDP growth (2031)
13.0% ↑
Inflation (2031)
5.0% →
Unemployment (2025)
6.6% ↓
Population (2031)
42.0M
Population growth (2031)
2.6% ↓
Gini index (2022)
49.6
Government debt (2031)
111.5% of GDP
Current account (2031)
-1.8% of GDP
FDI inflows (2024)
$3.5B
Life expectancy (2024)
63.8 yrs
Health spending (2023)
8.5% of GDP
Internet users (2024)
20.5%
Mobile subscriptions (2024)
49.5/100
Trade openness (2025)
97.1% of GDP
Exchange rate (2024)
63.91/USD
Foreign reserves (2024)
$3.8B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
111.5% of GDP
Current account (2031)
-1.8% of GDP
FDI inflows (2024)
$3.5B

Income inequality (Gini)

Gini index (2022)
0.50
Assessment
High inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2020)
0.25/1k
Tax revenue (2024)
21.9% of GDP
Services sector (2025)
42.0% of GDP

Financial access and costs

ATMs per 100k (2024)
7.3
Bank branches per 100k (2024)
3.5
ICT service exports (2024)
0.8%
Goods and services tax (2024)
13.3%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $35.6B $2,308 13.0% 5.0% - 42.0M - 111.5% -1.8% - - - - -
2030 * $30.9B $2,427 12.1% 5.0% - 40.9M - 122.6% -16.3% - - - - -
2029 * $27.0B $2,194 3.1% 5.0% - 39.9M - 126.2% -30.9% - - - - -
2028 * $25.7B $2,022 2.2% 5.0% - 38.9M - 120.5% -36.4% - - - - -
2027 * $24.7B $1,955 2.7% 5.2% - 37.8M - 113.3% -39.6% - - - - -
2026 * $23.3B $1,882 0.5% 4.4% - 36.8M - 106.1% -43.0% - - - - -
2025 $22.3B $1,698 -0.5% 4.4% 6.6% 35.8M - 102.5% -14.2% - - - - -
2024 $22.7B $1,708 2.1% 3.2% 6.7% 34.9M - 91.4% -11.0% $3.5B 63.8 - 20.5% 63.91
2023 $20.9B $1,680 5.5% 7.0% 6.7% 33.9M - 90.8% -10.6% $2.7B 63.6 8.5% 20.0% 63.89
2022 $18.9B $1,582 4.4% 10.4% 6.8% 33.0M 49.6 100.4% -33.7% $3.0B 63.0 8.3% 19.0% 63.85
2021 $16.2B $1,457 2.4% 6.6% 5.4% 32.1M - 104.3% -21.2% $5.3B 60.3 8.7% 16.4% 65.47
2020 $14.2B $1,412 -1.2% 0.9% 5.0% 31.2M - 120.0% -26.5% $3.2B 61.4 7.6% 14.3% 69.47
2019 $15.5B $1,389 2.3% 5.7% 4.5% 30.3M 50.7 98.3% -16.1% $3.4B 61.3 7.9% 12.5% 62.55
2018 $15.0B $1,326 3.5% 3.2% 4.2% 29.4M - 105.5% -29.5% $1.7B 60.8 8.0% 10.9% 60.33
2017 $13.3B $1,283 2.6% 15.8% 3.9% 28.6M - 103.8% -19.5% $2.3B 60.2 7.8% 7.8% 63.58
2016 $12.1B $1,379 4.7% 18.4% 3.7% 27.8M - 124.8% -31.9% $3.1B 59.5 7.2% 7.0% 63.06
2015 $16.2B $1,318 7.4% 3.6% 3.4% 27.0M - 86.0% -36.8% $3.9B 58.7 6.6% 6.5% 39.98
2014 $18.0B $1,166 7.7% 2.6% 3.4% 26.3M 54.0 63.4% -35.8% $5.0B 58.0 6.2% 6.0% 31.35
2013 $17.2B $1,114 6.6% 4.3% 3.4% 25.6M - 49.5% -40.0% $6.7B 57.2 6.1% 5.5% 30.10
2012 $16.7B $1,076 8.0% 2.6% 3.3% 24.9M - 36.7% -40.7% $5.6B 56.5 5.1% 5.0% 28.37
2011 $14.6B $1,064 7.1% 11.2% 3.3% 24.2M - 34.2% -22.8% $3.7B 55.7 4.9% 4.6% 29.07
2010 $11.4B $1,000 6.7% 12.4% 3.3% 23.5M - 38.6% -14.7% $1.3B 55.0 5.3% 4.2% 33.96
2009 $12.3B $951 5.9% 3.8% 3.2% 22.9M - 39.3% -10.0% $930.1M 54.4 5.1% 2.7% 27.52
2008 $12.9B $916 6.9% 14.5% 3.1% 22.3M 45.5 32.8% -8.9% $641.4M 53.8 4.1% 1.6% 24.30
2007 $10.8B $862 7.6% 10.4% 3.1% 21.7M - 31.2% -7.3% $416.7M 53.3 3.8% 0.9% 25.84
2006 $9.5B $798 9.9% 13.2% 3.0% 21.1M - 40.0% -7.9% $251.1M 52.8 4.0% 0.8% 25.40
2005 $8.9B $721 6.3% 6.4% 3.0% 20.5M - 60.1% -8.6% $122.4M 52.3 4.2% 0.9% 23.06
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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