
Open Banking: Still The Next Big Thing
As open banking expands, consumers and companies stand to enjoy lower fees, greater ability to leverage their financial data: if they can control the risk of stolen or misused data.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Mozambique economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Mozambique best banks and safest banks are also available.
Country Report | Mozambique
Mozambique is the current star in Africa’s rising inward-investment constellation. For much of the last quarter of the 20th century, Mozambique was a war zone. Today the only war on its horizon is a bidder’s war, as investors salivate over the opportunities this Southern African country offers.
USD 3.3 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
7.4% | 6.9% | 6.4% | 6.7% | 7.1% | 7.2% | 7.1% |
2014 | 2015 | 2016 | 2017* | 2018* | ||
7.4% | 6.6% | 3.8% | 3.7% | 3.3% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
0.02% | 0.01% | 0.02% | 0.02% | 0.03% |
*Estimate
(2018 estimate)
2015 | 2016 | 2017 | 2018* | 2019* |
3.6% | 19.9% | 15.1% | 3.9% | 5.6% |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
94.2% | 129.9% | 100.5% | 99.8% | 108.8% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
-7.2% | -6% | -3.1% | -5.2% | -6.5% |
*Estimate
Standard & Poor's: SD
Moody's : Caa2
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
N/A | N/A | N/A |
-30.4 % (2018 estimate)
40.7% (2018)
0.03% (2018)
0.01% (2018)
Aluminum, prawns, cashews, cotton, sugar, citrus, timber; bulk electricity
Machinery and equipment, vehicles, fuel, chemicals, metal products, foodstuffs, textiles
India 28.1%, Netherlands 24.4%, South Africa 16.7% (2017)
South Africa 36.8%, China 7%, UAE 6.8%, India 6.2%, Portugal 4.4% (2017)
2016 | 2017 | 2018 |
USD 3,093 million | USD 2,293 million | USD 2,711 million |
2016 | 2017 | 2018 |
USD 35 million | USD 26 million | USD -19 million |
2015 | 2016 | 2017 | 2016 |
N/A | N/A | N/A | N/A |
N/A
N/A
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
138 out of 190 countries
Subcategories:
Starting a Business: 176 out of 190 countries
Dealing with Construction Permits: 61 out of 190 countries
Getting Electricity: 103 out of 190 countries
Registering Property: 136 out of 190 countries
Getting Credit: 165 out of 190 countries
Protecting Minority Investors: 147 out of 190 countries
Paying Taxes: 127 out of 190 countries
Trading across Borders: 94 out of 190 countries
Enforcing Contracts: 168 out of 190 countries
Resolving Insolvency: 86 out of 190 countries
137 out of 141 countries
(2019)
Ranking: 163 / Score: 48.6 (Repressed)
(100=totally free 0=totally repressed)
Emakhuwa 26.1%, Portuguese (official) 16.6%, Xichangana 8.6%, Cinyanja 8.1, Cisena 7.1%, Elomwe 7.1%, Echuwabo 4.7%, Cindau 3.8%, Xitswa 3.8%, other Mozambican languages 11.8%, other 0.5%, unspecified 1.8% (2017 est.)
Roman Catholic 27.2%, Muslim 18.9%, Zionist Christian 15.6%, Evangelical/Pentecostal 15.3%, Anglican 1.7%, other 4.8%, none 13.9%, unspecified 2.5% (2017 est.)
1990 | 2000 | 2010 | 2015* | 2020* |
13.57 million | 18.28 million | 24.32 million | 27.98 million | 31.99 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
6.9% | 13.2% | 29.1% | 36% |
Total population: 56%
Male: 70.8%
Female: 43.1%
Definition: age 15 and over can read and write (2015 est.)
81.5% (last available estimate, 2014)
54 (last available estimate, 2014)
Partly Free
Political Rights: 4
Civil Liberties: 4 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 0.2% Mobile: 47.7% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)