Mozambique


Mozambique Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Mozambique; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bank Bank of Mozambique
International Reserves US$ 2.592 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 14.27 billion (2011 estimate)
GDP (Purchasing Power Parity) 25.825 billion of International dollars (2011 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
12.3% 9.2% 6.5% 8.8% 8.7% 6.3% 7.3% 6.8%
2009 2010 2011 2012*
6.3% 6.8% 7.1% 6.7%

*Estimate

GDP per capita - current prices US$ 635 (2010 estimate)
GDP per capita - PPP $1,150 International Dollars (2010 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.02% 0.02% 0.02% 0.03% 0.03%

**Forecast

GDP - composition by sector
  • agriculture: 28.4% 
  • industry: 26.9% 
  • services: 44.7% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP) N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
3.3%(2008) 12.7% 10.4% 7.2%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
42.1% 40.1% 39.5% 33.2% 40%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-2.5% -5.5% -4% -4.9% -6.3%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: B+

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Mozambique N/A
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ -1.8 billion (2010 estimate)(After 2008)
Current account balance by percentage of GDP -12.7% of GDP (2010 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

25.3% (2010)

(Data released on April 2012)

Shares in world total merchandising export 0.02%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0.01% (2011)(2007)

(Data were released in 2012)

Total exports US$3.516 billion (2012 estimate) 
Export commodities aluminum, prawns, cashews, cotton, sugar, citrus, timber; bulk electricity
Total imports US$5.373 billion (2012 estimate) 
Import commodities machinery and equipment, vehicles, fuel, chemicals, metal products, foodstuffs, textiles
Exports - major partners Belgium 17.8%, South Africa 17.4%, Italy 13.9%, Spain 10%, China 7.7% (2011)
Imports - major partners South Africa 22.1%, China 12.4%, India 9.1%, US 8%, Australia 7.4%, Portugal 5.4% (2011)
FDI inflows
2009 2010 2011
US$893 million US$989 million(2009) US$2,093 million(2009)
FDI outflows
2009 2010 2011
US$-3 million US$1 million US$-3 million
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2011

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 146 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 96 out of 185 countries(2009)

Enforcing Contracts: 132 out of 185 countries

Registering Property: 155 out of 185 countries

Getting credit: 129 out of 185 countries

Protecting investors: 49 out of 185 countries

Trading across border: 134 out of 185 countries

Paying Taxes: 105 out of 185 countries

Dealing with Construction Permits: 135 out of 185 countries

Getting Electricity: 174 out of 185 countries

Resolving Insolvency: 147 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
138

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 108 Score: 57.1 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC+2
Total area 801,590 km2 (2006)
Capital Maputo (2009)
Currency meticais (MZM) (2009)
Government type republic (2009)
Languages Emakhuwa 26.1%, Xichangana 11.3%, Portuguese 8.8% (official; spoken by 27% of population as a second language), Elomwe 7.6%, Cisena 6.8%, Echuwabo 5.8%, other Mozambican languages 32%, other foreign languages 0.3%, unspecified 1.3% (1997 census)
Religions Catholic 23.8%, Muslim 17.8%, Zionist Christian 17.5%, other 17.8%, none 23.1% (1997 census)
Total population
1980 1990 2000 2012* 2017**
12.05 million 14.15 million 17.69 million 22.46 million 24.8 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
3.7% 13.1% 30.7% 31.2%
Population median age 18 years (2010)
Population growth rate 2.3% (2011)
Life expectancy 50 years (2010)
Adult literacy 55% (2005/2010)
% of population living on less than $2 a day 81.77% (2011)
Inequality of wealth distribution (Gini index)

45.66 (2008)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:4
Civil Liberties:3 (2011)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

33.2% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 4.3% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Maputo: 171st (2011)

CO2 emissions
(Metric tons of CO2 per capita)

0.1137 (Data were released in 2012 and refer to 2009)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST EMERGING MARKET BANKS

2012:
  • COUNTRY WINNERS Millennium bim (National, 2012)
2011:
  • COUNTRY WINNERS Millennium bim (National, 2011)
2010:
  • COUNTRY WINNERS Millennium Bim (National, 2010)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE