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ECON FACTBOOK

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Economy of Mozambique

Population: 26 million in 20131

GDP: $15.3 billion in 20132

GDP per capita: $605 nominal3 ($1,045 PPP4) in 2013

GDP growth rate: 7.4% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Agriculture, hunting, forestry, fishing3,58930.8%
Other activities2,23319.2%
Wholesale, retail trade, restaurants and hotels2,15718.5%
Manufacturing1,48512.8%
Transport, storage and communication1,1369.8%
Mining and utilities6855.9%
Construction3563.1%
Total value added11,640100%

Employment

Unemployment rate: 8.3% in 20137

Employment by Industry 19978

Employment sectorPercent of total
Agriculture81%
Services13%
Industry6%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $10 billion (65% of GDP) in 201410

Household Wealth per Adult: $845 in 201410

Gini Coefficient: .457 in 201311

Government

Central Government

Central Government Revenue: $4.8 billion (31% of GDP) in 201312

Central Government Expenditure: $6.1 billion (40% of GDP) in 201312

Central Government Budget Balance: -$1.3 billion (-9% of GDP) in 201312

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

Tax Structure

Individual Income Tax Rates and Thresholds in 2014* 13

Corporate Tax Rate: 32% in 201414

* Individual tax thresholds calculated using the exchange rate 33.9 MZN = 1 USD

Monetary Policy

Money Supply (M0): $4.3 billion (28% of GDP) in 201315

Benchmark Interest Rate: 8.25% in Oct 201416

Total Reserves: $3.0 billion (20% of GDP) in 201317

Exchange Rate: 33.9 Mozambican Metical = 1 U.S. Dollar on Feb 11, 201518

Inflation: 4.9% in 201319

Financial Institutions

Top 10 Financial Institutions by Assets 201320

N/A (data not available at Relbanks.com)

International Accounts

Exports: $5.9 billion (39% of GDP) in 201321

Imports: $7.1 billion (47% of GDP) in 201321

Trade Balance: -$1.2 billion (-8% of GDP) in 201321

Foreign Direct Investment Inflow: $6.7 billion (44% of GDP) in 201322

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $2.1 billion (14% of GDP) in 201223

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: KPMG (Individual tax rates) Go back
14. Source: Tax Foundation (Corporate tax rate) Go back
15. Source: World Bank Indicators (Money supply) Go back
16. Source: Central Bank News (Benchmark interest rate) Go back
17. Source: World Bank Indicators (Total reserves) Go back
18. Source: xe.com (Exchange rate) Go back
19. Source: World Bank Indicators (Inflation rate) Go back
20. Source: Relbanks.com (Financial institutions by assets) Go back
21. Source: CIA World Factbook (Trade data) Go back
22. Source: World Bank Indicators (FDI data) Go back
23. Source: World Bank Indicators (Aid data) Go back