MOZ · Sub-Saharan Africa / Sub-Saharan Africa (excluding high income)

Location

GDP per capita: 657 USD (PPP: 1,705 intl$) · Total GDP: 22.7 billion USD (2024)

Income and purchasing power

The average monthly income in Mozambique is 46 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Economic performance 2024

Indicator Value Per Capita
GDP 22.75 billion USD 657 USD
Gross National Product (GNI) 550 USD
GDP (PPP) 1,705 intl$

Development of gross domestic product in billions of USD 1991 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 22.75 657
2023 20.92 622
2022 18.88 578
2021 16.17 510
2020 14.24 462
2019 15.51 519
2018 15.02 518
2017 13.26 471
2016 12.07 441
2015 16.21 611
2014 17.98 697
2013 17.20 687
2012 16.69 686
2011 14.62 618
2010 11.41 496
2009 12.26 548
2008 12.92 592
2007 10.81 508
2006 9.51 457
2005 8.87 437
2004 7.94 400
2003 6.58 339
2002 5.95 314
2001 5.65 305
2000 5.93 327
1999 6.29 354
1998 5.55 320
1997 4.87 288
1996 4.03 244
1995 3.06 192
1994 2.96 197
1993 2.88 205
1992 2.80 206
1991 3.85 289

Largest economic sectors

The main economic sectors in Mozambique play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Mozambique Per Capita
Imports 12.02 billion USD (52.8% of GDP)
Exports 9.74 billion USD (42.8% of GDP)

Household debt and deficits 2024

Indicator Mozambique
Government debt 16.33 billion USD (71.8% of GDP)

Corruption in Mozambique

The Corruption Perceptions Index for 2024 will be displayed here once the data is available. This section will show the country's ranking and trends in corruption perception.

Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 6.6%
2024 6.7%
2023 6.7%
2022 6.8%
2021 5.4%
2020 5.0%
2019 4.5%
2018 4.2%
2017 3.9%
2016 3.7%
2015 3.4%
2014 3.4%
2013 3.3%
2012 3.3%
2011 3.3%
2010 3.3%
2009 3.2%
2008 3.1%
2007 3.1%
2006 3.0%
2005 3.0%
2004 3.0%
2003 2.9%
2002 2.9%
2001 2.8%
2000 2.8%
1999 2.7%
1998 2.6%
1997 2.7%
1996 2.8%
1995 2.8%
1994 2.9%
1993 2.9%
1992 3.0%
1991 2.8%

Inflation rates in percentages 2005 - 2024

Year Inflation Rate (%)
2024 4.1%
2023 7.1%
2022 10.3%
2021 6.4%
2020 3.5%
2019 2.8%
2018 3.9%
2017 15.1%
2016 17.4%
2015 3.6%
2014 2.6%
2013 4.3%
2012 2.6%
2011 11.2%
2010 12.4%
2009 3.8%
2008 14.5%
2007 8.5%
2006 13.2%
2005 6.4%

Frequently Asked Questions

What is the GDP per capita of Mozambique in 2024?

The GDP per capita of Mozambique is 657 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 1,705 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Mozambique?

The main economic sectors in Mozambique include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Mozambique in 2024?

The inflation rate in Mozambique is 4.1% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Mozambique including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Mozambique's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Mozambique's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026