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Economy

The main statistics on Mozambique's economy, from INE, Banco de Moçambique, the World Bank and the IMF. Each tile shows the latest figure, its change from the previous observation and the date it refers to. Annual figures often lag by a year or more.

Growth and structure

Sectors

Agriculture, forestry and fishing (% of GDP)25.6 % of GDP+0.40 pts · 2025Industry incl. mining and energy (% of GDP)22.1 % of GDP+0.16 pts · 2025Services (% of GDP)42.0 % of GDP+0.94 pts · 2025

Growth

Real GDP growth-0.5 %−2.67 pts · 2025GDP per person (current US$)627 US$−4.6% · 2025GDP per person (PPP, current international $)1,698 int. $−0.6% · 2025GDP (current US$)22.34 US$ bn−1.8% · 2025

Money, rates and exchange

Money and credit

Broad money (% of GDP)59.4 % of GDP+5.91 pts · 2025Domestic credit to private sector (% of GDP)18.3 % of GDP+0.65 pts · 2025

Interest rates

Bank deposit rate5.8 %−2.47 pts · 2025Bank lending rate17.5 %−4.19 pts · 2025MIMO policy rate (Banco de Moçambique)9.25 %unchanged · 17 Oct 2026

Exchange rates

CNY/MZN — Chinese yuan in meticais9.547 MZN per CNY−0.0% · 17 Oct 2026EUR/MZN — Euro in meticais71.75 MZN per EUR−0.0% · 17 Oct 2026GBP/MZN — British pound in meticais85.09 MZN per GBP+0.2% · 17 Oct 2026INR/MZN — Indian rupee in meticais0.672 MZN per INR−0.3% · 17 Oct 2026Official exchange rate, MZN per US$ (annual average)63.91 MZN per US$+0.0% · 2024TZS/MZN — Tanzanian shilling in meticais0.0242 MZN per TZS−0.0% · 17 Oct 2026USD/MZN — US dollar in meticais63.84 MZN per USD−0.0% · 17 Oct 2026ZAR/MZN — South African rand in meticais3.874 MZN per ZAR−0.3% · 17 Oct 2026ZMW/MZN — Zambian kwacha in meticais3.194 MZN per ZMW+0.3% · 17 Oct 2026

Public finances

Central government debt (% of GDP)71.8 % of GDP−0.87 pts · 2024Government expense (% of GDP)26.0 % of GDP+2.70 pts · 2022Interest payments (% of revenue)15.1 % of revenue+1.92 pts · 2024Government revenue excl. grants (% of GDP)24.5 % of GDP−0.22 pts · 2024

External sector

Current account balance (% of GDP)-14.2 % of GDP−3.28 pts · 2025Exports of goods and services (% of GDP)41.4 % of GDP−1.44 pts · 2025Foreign direct investment, net inflows5.76 US$ bn+64.2% · 2025Imports of goods and services (% of GDP)55.7 % of GDP+2.91 pts · 2025Personal remittances received265 US$ m−0.6% · 2025Personal remittances received (% of GDP)1.19 % of GDP+0.01 pts · 2025Total reserves incl. gold3.84 US$ bn+5.7% · 2024Reserves in months of imports3.4 months+5.3% · 2024

Population

Life expectancy at birth63.8 years+0.3% · 2024Population35.63 million+2.9% · 2025Population aged 0–14 (% of total)44.2 % of people−0.31 pts · 2025Population growth (annual %)2.85 %−0.07 pts · 2025Urban population (% of total)37.2 % of people+0.77 pts · 2025

Jobs, income and poverty

Employment

Employment to population ratio (15+, ILO estimate)73.5 % of people 15+−0.04 pts · 2025Unemployment (% of labour force, ILO estimate)6.6 %−0.04 pts · 2025Vulnerable employment (% of employment)83.7 % of jobs−0.16 pts · 2025

Income and poverty

Income inequality (Gini index)49.6 index−2.2% · 2022Poverty at $3.00 a day (2021 PPP, % of people)81.4 % of people−0.20 pts · 2022

Agriculture

Cereal production2.66 million tonnes+8.0% · 2024Food production index (2014–2016 = 100)176.0 index+7.9% · 2024

Infrastructure

Access to electricity (% of people)36.9 % of people+0.90 pts · 2024Rural access to electricity (% of rural people)12.3 % of rural people+3.40 pts · 2024

Energy and mining

Fuel

Vehicle natural gas (CNG) — regulated retail price52.73 MZN/L equivalent+28.3% on 7 May 2026Diesel — regulated retail price116.25 MZN/L+45.5% on 7 May 2026Kerosene (lighting paraffin) — regulated retail price97.56 MZN/L+45.9% on 7 May 2026Cooking gas (LPG) — regulated retail price87.82 MZN/kg+2.1% on 7 May 2026Petrol (gasoline) — regulated retail price93.69 MZN/L+12.1% on 7 May 2026

Mining

Natural gas rents (% of GDP)3.57 % of GDP+1.40 pts · 2021Mineral rents (% of GDP)0.14 % of GDP+0.10 pts · 2021

Energy use

Renewable energy (% of final energy use)76.9 %−3.30 pts · 2021

Prices and inflation

Inflation, consumer prices (annual %)4.4 %+0.29 pts · 2025Inflation (consumer prices, year on year)6.31 %−0.14 pts · Sept 2026 · Moçambique (8 cities)GDP deflator (annual %)-1.0 %−7.49 pts · 2025Food inflation (year on year)8.69 %−0.22 pts · Sept 2026 · Moçambique (8 cities)Housing, water, electricity and fuels inflation4.24 %−0.02 pts · Sept 2026 · Moçambique (8 cities)Transport inflation (year on year)14.72 %−0.05 pts · Sept 2026 · Moçambique (8 cities)