Markets Actual Q4 Q1 Q2 Q3 2022
Currency 63.20 63.71 64.22 64.73 65.25 66.3

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 3.36 2.9 1.8 3.5 4 4.2
Unemployment Rate (%) 25.04 28.4 27.7 27.7 27.7 27.7
Inflation Rate (%) 6.42 6.3 5.7 5.4 4.4 4.5
Inflation Rate Mom (%) 0.89 0.5 0.7 0.7 1 1
Interest Rate (%) 13.25 13.25 14.25 14.75 14.75 14.75
Balance of Trade (USD Million) -814.50 -363 -200 -200 -200 -300
Current Account (USD Million) -1307.20 -2600 -2600 -2600 -2600 -2800
Current Account to GDP (% of GDP) -30.80 -45 -53 -53 -53 -53
Government Debt to GDP (% of GDP) 122.00 125 127 127 127 127
Government Budget (% of GDP) -11.70 -7.5 -5.6 -5.6 -5.6 -5.6
Business Confidence (points) 85.70 90 83 83 83 92
Corporate Tax Rate (%) 32.00 32 32 32 32 32
Personal Income Tax Rate (%) 32.00 32 32 32 32 32

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 3.36 2.9 1.8 3.5 4 4.2
GDP (USD Billion) 14.02 14.3 14.3 14.3 14.3 17
GDP Constant Prices (MZN Million) 166285.00 136152 174519 184096 172936 172495
Gross Fixed Capital Formation (MZN Million) 372574.00 149379 379280 385614 387477 399481
GDP per capita (USD) 574.19 580 595 595 595 595
GDP per capita PPP (USD) 1229.08 1240 1240 1240 1240 1285
GDP From Agriculture (MZN Million) 38343.00 19241 41041 47749 39877 32203
GDP From Construction (MZN Million) 2891.00 2914 2512 3012 3007 3336
GDP From Manufacturing (MZN Million) 9047.00 12163 14625 14076 9409 15847
GDP From Mining (MZN Million) 11338.00 8231 8154 9584 11792 11354
GDP From Public Administration (MZN Million) 12591.00 9513 6074 13346 13095 11005
GDP From Utilities (MZN Million) 4892.00 3625 4420 4185 5088 4806

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 25.04 28.4 27.7 27.7 27.7 27.7
Population (Million) 30.83 32.05 32.05 32.05 32.05 32.9
Minimum Wages (MZN/Month) 4390.00 5050 5050 5050 5050 5050

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 6.42 6.3 5.7 5.4 4.4 4.5
Inflation Rate Mom (%) 0.89 0.5 0.7 0.7 1 1
Consumer Price Index CPI (points) 135.05 133 142 140 140 144
Producer Prices (points) 232.90 265 252 250 248 274
Producer Prices Change (%) -5.30 10 8 7.5 6.5 7
Food Inflation (%) 12.23 9.8 8.3 8.3 8 7
CPI Transportation (points) 133.65 134 135 136 138 139

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 13.25 13.25 14.25 14.75 14.75 14.75
Deposit Interest Rate (%) 7.61 12.37 8.61 9.11 9.11 9.11
Lending Rate (%) 18.90 19.9 19.9 20.4 20.4 20.4

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) -814.50 -363 -200 -200 -200 -300
Current Account (USD Million) -1307.20 -2600 -2600 -2600 -2600 -2800
Current Account to GDP (% of GDP) -30.80 -45 -53 -53 -53 -53
Imports (USD Million) 1936.90 1630 1630 1630 1630 1750
Exports (USD Million) 1122.40 1430 1430 1430 1430 1450

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 122.00 125 127 127 127 127
Government Budget (% of GDP) -11.70 -7.5 -5.6 -5.6 -5.6 -5.6
Military Expenditure (USD Million) 166.00 132 132 132 132 132
Government Spending (MZN Million) 155515.00 134087 158314 160958 161736 166746

Taxes Actual Q4 Q1 Q2 Q3 2022
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 Q4 Q1 Q2 Q3 2022
Business Confidence (points) 85.70 90 83 83 83 92
Industrial Production (%) -4.00 4 4 4 4 6.4
Industrial Production Mom (%) -11.60 -1.5 -1.5 -1.5 -1.5 2.6
Leading Economic Index (%) -3.70 4 4 4 4 5
Mining Production (%) -11.90 10 10 10 10 8
Composite PMI (points) 52.00 49.7 50.1 49.8 51 51

Consumer Actual Q4 Q1 Q2 Q3 2022
Retail Sales Mom (%) 0.30 3.5 3.5 3.5 3.5 2
Retail Sales Yoy (%) 1.50 5 5 5 5 2.5
Consumer Spending (MZN Million) 446873.00 394080 454917 462514 464748 479145


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Mozambique Forecast - was last updated on Sunday, December 5, 2021.