Markets Actual Q1 Q2 Q3 Q4 2020
Currency 61.90 61.89 62.44 62.98 63.54 64.66
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) -3.70 1.6 1.4 1.3 1.3 1.5
GDP Annual Growth Rate (%) 3.20 5.2 3.4 3.4 5.1 6.3
Inflation Rate (%) 3.52 3 2.7 2.4 2.1 3
Inflation Rate Mom (%) 0.37 0.7 0.5 0.3 0.5 0.7
Interest Rate (%) 14.25 11 9 9 9 10
Balance of Trade (USD Million) -161.00 -86.04 -247 -1558 -244 -312
Current Account to GDP (%) -16.20 -29 -29 -29 -29 -27
Government Debt to GDP (%) 88.20 132 132 132 132 120
Government Budget (% of GDP) -4.40 -4.4 -4.4 -4.4 -4.4 -4.4
Business Confidence (Index Points) 97.90 97.23 97.3 97.23 97.27 97.26
Corporate Tax Rate (%) 32.00 32 32 32 32 32
Personal Income Tax Rate (%) 32.00 32 32 32 32 32
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) -3.70 1.6 1.4 1.3 1.3 1.5
GDP Annual Growth Rate (%) 3.20 5.2 3.4 3.4 5.1 6.3
GDP (USD Billion) 12.33 13.4 13.4 13.4 13.4 14
GDP Constant Prices (MZN Million) 124038.00 126932 137673 126147 130364 138577
Gross Fixed Capital Formation (MZN Million) 130049.00 133430 132260 132260 136681 145292
GDP per capita (USD) 519.00 535 535 535 535 568
GDP per capita PPP (USD) 1136.10 1182 1182 1140 1140 1145
GDP From Agriculture (MZN Million) 24361.00 29183 36289 24775 25603 27216
GDP From Construction (MZN Million) 2137.00 1819 1818 2210 2246 2387
GDP From Manufacturing (MZN Million) 10118.00 11644 11564 10290 10634 11304
GDP From Mining (MZN Million) 8329.00 7595 8099 8612 8754 9305
GDP From Public Administration (MZN Million) 8953.00 4265 8572 9257 9410 10002
GDP From Utilities (MZN Million) 2966.00 3033 3099 3016 3117 3314
Labour Actual Q1 Q2 Q3 Q4 2020
Wages High Skilled (MZN/Month) 24900.00 25600 25617 25749 25600 26600
Wages Low Skilled (MZN/Month) 9760.00 10900 8461 8459 10900 11500
Minimum Wages (MZN/Month) 4150.00 4000 4358 4485 4000 4000
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 3.52 3 2.7 2.4 2.1 3
Inflation Rate Mom (%) 0.37 0.7 0.5 0.3 0.5 0.7
Consumer Price Index CPI (Index Points) 121.03 126 127 127 128 139
Producer Prices (Index Points) 236.10 224 227 245 244 255
Producer Prices Change (%) 14.90 4.1 3.8 3.6 3.5 4.2
Food Inflation (%) 0.20 0.3 0.1 0.3 0.5 1.5
CPI Transportation (Index Points) 129.48 129 135 138 138 149
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 14.25 11 9 9 9 10
Deposit Interest Rate (%) 12.37 9.12 7.12 7.12 7.12 7.12
Lending Rate (%) 20.20 16.95 14.95 14.95 14.95 14.95
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -161.00 -86.04 -247 -1558 -244 -312
Current Account to GDP (%) -16.20 -29 -29 -29 -29 -27
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 88.20 132 132 132 132 120
Government Budget (% of GDP) -4.40 -4.4 -4.4 -4.4 -4.4 -4.4
Government Spending (MZN Million) 116736.00 122806 120705 120705 122690 130419
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 32.00 32 32 32 32 32
Personal Income Tax Rate (%) 32.00 32 32 32 32 32
Sales Tax Rate (%) 17.00 17 17 17 17 17
Social Security Rate (%) 7.00 7 7 7 7 7
Social Security Rate For Companies (%) 4.00 4 4 4 4 4
Social Security Rate For Employees (%) 3.00 3 3 3 3 3
Business Actual Q1 Q2 Q3 Q4 2020
Business Confidence (Index Points) 97.90 97.23 97.3 97.23 97.27 97.26
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Spending (MZN Million) 343086.00 352006 348918 348918 360583 383300


This page has economic forecasts for Mozambique including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Mozambique economy.