Mozambique | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.20 1 0.5 1.6 1.1 1.5 percent [+]
Unemployment Rate 17.00 14.8 14.8 14.8 17.85 13.4 percent [+]
Inflation Rate 25.53 22.6 21.9 21.56 21.1 16.5 percent [+]
Interest Rate 23.25 23.25 25 25 26 17 percent [+]
Balance of Trade -434.30 -502 -364 -365 -362 -364 USD Million [+]
Government Debt to GDP 55.40 61.85 63.4 64.94 66.49 78.02 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 73.43 76.87 77.63 78.39 79.15 91.33 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.20 1 0.5 1.6 1.1 1.5 percent [+]
GDP Annual Growth Rate 3.70 3.9 4.1 4.5 5.3 5.52 percent [+]
GDP 14.69 16.6 16.7 16.7 14.37 20.63 USD Billion [+]
GDP Constant Prices 118060.00 114725 121619 126218 124020 142029 MZN Million [+]
Gross Fixed Capital Formation 144526.00 1582819 2371314 3159810 3948306 152562697 MZN Million [+]
GDP per capita 509.77 526 530 534 538 592 USD [+]
GDP per capita PPP 1115.99 1144 1148 1151 1154 1123 USD [+]
Gdp From Agriculture 22696.00 24298 25071 24910 25076 27337 MZN Million [+]
Gdp From Construction 2636.00 2558 2535 2764 2777 3266 MZN Million [+]
Gdp From Manufacturing 11832.00 11388 10885 11046 11861 11402 [+]
Gdp From Mining 6186.00 5027 4375 5071 6339 7438 MZN Million [+]
Gdp From Public Administration 7161.00 7476 7709 7129 7382 7942 MZN Million [+]
Gdp From Utilities 2912.00 2917 3078 3223 3286 3149 MZN Million [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 17.00 14.8 14.8 14.8 17.85 13.4 percent [+]
Population 27.98 26.79 26.95 27.11 27.26 30.02 Million [+]
Minimum Wages 3298.00 3298 3298 3298 3298 3298 MZN [+]
Wages High Skilled 16000.00 17681 18025 18344 18639 20956 MZN/Month [+]
Wages Low Skilled 5500.00 5500 5500 5500 5500 5500 MZN/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 25.53 22.6 21.9 21.56 21.1 16.5 percent [+]
Inflation Rate Mom 2.58 1.9 1.5 1.5 0.8 0.73 percent [+]
Consumer Price Index CPI 148.65 155 163 167 170 189 Index Points [+]
Producer Prices 170.00 174 120 120 174 120 Index Points [+]
Producer Prices Change 34.60 36.05 35.71 36.03 35.91 35.96 percent [+]
Cpi Transportation 123.24 126 128 129 129 130 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 23.25 23.25 25 25 26 17 percent [+]
Money Supply M3 382026.30 387894 387421 386495 385540 373516 MZM Million [+]
Foreign Exchange Reserves 1693.00 1659 1640 1637 1635 1635 USD Million [+]
Deposit Interest Rate 8.53 9.78 9.79 9.79 9.79 9.9 percent [+]
Lending Rate 23.12 24.15 25.04 25.66 26.11 27.26 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -434.30 -502 -364 -365 -362 -364 USD Million [+]
Exports 825.80 822 702 774 792 777 USD Million [+]
Imports 1260.10 1339 1049 1112 1104 1080 USD Million [+]
Current Account -898.40 -1221 -976 -1120 -998 -905 USD Million [+]
Current Account to GDP -40.40 -41.26 -41.59 -41.93 -42.26 -41.76 percent [+]
Gold Reserves 1.56 2.58 2.96 2.8 2.63 2.58 Tonnes [+]
Terrorism Index 3.54 1.78 1.5 1.21 0.93 1.21 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 55.40 61.85 63.4 64.94 66.49 78.02 percent [+]
Government Budget -11.10 -9 -10 -10 -11.41 -10.21 percent of GDP [+]
Military Expenditure 180.30 175 175 175 174 173 USD Million [+]
Government Spending 106768.00 113481 115159 116837 118515 140330 MZN Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Business Confidence 90.90 98.2 98 98 91.78 91.78 [+]
Industrial Production 0.30 3 1 1 3.5 5 percent [+]
Industrial Production Mom 23.64 2.26 2.3 2.3 1.6 1.3 percent [+]
Mining Production 0.90 22.61 22.65 22.62 22.64 22.63 percent [+]
Ease of Doing Business 137.00 136 136 136 136 136 [+]
Corruption Index 31.00 28.35 28.09 27.84 27.58 28.06 Points [+]
Corruption Rank 112.00 108 107 107 106 101 [+]
Changes In Inventories 77991.00 85527 83649 81771 79892 44545 MZN Million [+]
Competitiveness Index 3.13 3.2 3.2 3.2 3.2 3.21 Points [+]
Competitiveness Rank 133.00 134 134 137 139 126 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Retail Sales Mom -0.40 0.65 0.71 0.71 0.71 0.71 percent [+]
Retail Sales Yoy 13.16 6.86 7.94 8.04 7.83 7.88 percent [+]
Consumer Spending 320200.00 315017 312677 310337 307997 255287 MZN Million [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Construction Spending 320200.00 315017 312677 310337 307997 255287 MZN Million [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 32.00 32 32 32 32 32 percent [+]
Personal Income Tax Rate 32.00 32 32 32 32 32 percent [+]
Sales Tax Rate 17.00 17 17 17 17 17 percent [+]
Social Security Rate 7.00 7 7 7 7 7 percent [+]
Social Security Rate For Companies 4.00 4 4 4 4 4 percent [+]
Social Security Rate For Employees 3.00 3 3 3 3 3 percent [+]





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. 12/10/2016