Mozambique | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate -1.70 0.5 1.6 1.1 2.54 1.5 percent [+]
Unemployment Rate 17.00 14.8 14.8 17.85 17.85 13.4 percent [+]
Inflation Rate 20.56 21.9 21.56 21.1 20.08 16.5 percent [+]
Interest Rate 23.25 25 25 26 24 17 percent [+]
Balance of Trade -434.30 -364 -365 -362 -400 -364 USD Million [+]
Government Debt to GDP 55.40 56.04 57.98 59.92 61.85 78.02 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 70.44 73.27 73.98 74.7 75.42 86.2 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate -1.70 0.5 1.6 1.1 2.54 1.5 percent [+]
GDP Annual Growth Rate 1.10 4.1 4.5 5.3 5.66 4.3 percent [+]
GDP 14.80 16.7 16.7 14.76 14.2 20.63 USD Billion [+]
GDP Constant Prices 108687.00 114516 118293 115819 109472 112067 MZN Million [+]
Gross Fixed Capital Formation 144526.00 1582819 2371314 3159810 3948306 152562697 MZN Million [+]
GDP per capita 511.47 515 519 522 526 592 USD [+]
GDP per capita PPP 1119.70 1123 1130 1136 1142 973 USD [+]
Gdp From Agriculture 16808.00 21990 22487 22534 22539 22539 MZN Million [+]
Gdp From Construction 2493.00 2521 2776 2763 2664 3214 MZN Million [+]
Gdp From Manufacturing 11081.00 10646 10848 11639 11084 11033 [+]
Gdp From Mining 4272.00 4088 5075 6206 5006 6415 MZN Million [+]
Gdp From Public Administration 6486.00 6903 6488 6901 6490 6502 MZN Million [+]
Gdp From Utilities 2948.00 3104 3240 3296 3193 3165 MZN Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 17.00 14.8 14.8 17.85 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/Month [+]
Wages High Skilled 16000.00 18025 18344 18639 18911 20956 MZN/Month [+]
Wages Low Skilled 5500.00 5500 5500 5500 5500 5500 MZN/Month [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 20.56 21.9 21.56 21.1 20.08 16.5 percent [+]
Inflation Rate Mom 2.15 1.5 1.5 0.79 0.79 0.75 percent [+]
Consumer Price Index CPI 113.04 113 113 113 113 113 Index Points [+]
Producer Prices 170.00 120 120 174 174 120 Index Points [+]
Producer Prices Change 34.60 35.71 36.03 35.91 35.98 35.96 percent [+]
Food Inflation 29.95 25.21 20.87 18.79 17.69 16.58 percent [+]
Cpi Transportation 108.30 94.86 102 114 108 107 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 23.25 25 25 26 24 17 percent [+]
Money Supply M3 367164.60 380359 391294 402251 413084 534363 MZM Million [+]
Foreign Exchange Reserves 1754.00 1640 1637 1635 1635 1635 USD Million [+]
Deposit Interest Rate 8.53 7.82 8.47 9.13 9.78 9.9 percent [+]
Lending Rate 26.70 28.41 29.93 31.14 32.1 35.72 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -434.30 -364 -365 -362 -400 -364 USD Million [+]
Exports 825.80 702 774 792 810 777 USD Million [+]
Imports 1260.10 1049 1112 1104 1174 1080 USD Million [+]
Current Account -898.40 -976 -1120 -998 -1060 -905 USD Million [+]
Current Account to GDP -40.40 -34.16 -36.53 -38.89 -41.26 -41.76 percent [+]
Gold Reserves 1.56 2.96 2.8 2.63 2.4 2.58 Tonnes [+]
Terrorism Index 3.54 2.85 2.5 2.14 1.78 1.21 [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 55.40 56.04 57.98 59.92 61.85 78.02 percent [+]
Government Budget -11.10 -10 -10 -12.18 -13.65 -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 Q1/17 Q2/17 Q3/17 Q4/17 2020
Business Confidence 91.00 98 98 91.78 91.78 91.78 [+]
Industrial Production 0.30 1 1 3.5 7.42 5 percent [+]
Industrial Production Mom 23.64 2.3 2.3 1.6 1.59 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 28.54 28.48 28.41 28.35 28.06 Points [+]
Corruption Rank 142.00 115 113 110 108 101 [+]
Changes In Inventories 77991.00 74556 78213 81870 85527 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 Q1/17 Q2/17 Q3/17 Q4/17 2020
Retail Sales Mom 0.58 0.65 0.72 0.72 0.72 0.72 percent [+]
Retail Sales Yoy -0.16 5.61 6.01 5.95 5.85 5.84 percent [+]
Consumer Spending 320200.00 315017 312677 310337 307997 255287 MZN Million [+]
HOUSING Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Construction Spending 320200.00 315017 312677 310337 307997 255287 MZN Million [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 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. 2/26/2017