As a key implementer of the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR), CDC works with Mozambique’s Ministry of Health (MOH) to build a sustainable, high impact national HIV response program to accelerate progress towards the UNAIDS global targets to control the HIV epidemic. Energy efficiency (MJ per $1 of GDP) 11.5 Access to clean cooking (% of population) <5 Public flows renewables (2018 USD M) 1.9 Per capita renewable capacity (W/person) 75.691 TPES 2013 2018 Non-renewable (TJ) 51 484 96 814 Renewable (TJ) 431 732 349 981 Total (TJ) 483 215 446 795 Renewable share (%) 89 78 Growth in TPES 2013-18 2017-18 Real GDP (purchasing power parity) $38.42 billion note: data are in 2017 dollars (2020 est.) A series of constitutions after World War II granted Nigeria greater autonomy; independence came in 1960. The LPI 2018 allows for comparisons across 160 countries. Country GDP: $ 26.22 billion (2012 est.) Projections by IMF. Country. Mozambique and Nigeria living comparison. The United States remains the world’s largest economy, but China is expected to take first place by 2032. Language versions of the website: ... GDP in Mozambique. According to the World Bank the country had a potential of the exporting minerals worth more than $200 million in 2005, but the country exported minerals valued at 130 million dollars which were less than 2% of the GDP. Capital Maputo Population (2010) 23,390,000 Annual population growth rate (2000-2010) 2.5% Population gain (2000-2010) 5,190,000 GDP per capita $1,242 (US) Literacy Unfortunately these numbers are based on poor quality data, as the World Economics GDP Data Quality Index rates Mozambiquen data as C Grade. In the short term, Mozambique’s economic performance is likely to remain weak, with real GDP growth projected to reach only 1.8% in 2019, compared to the 4.7% initially projected by the government in the 2019 state budget. Sources include: World Bank, United Nations. In late January 2021, Tropical Cyclone Eloise caused widespread damage and heavy flooding in central Mozambique. It includes data from the World Bank's microdata, finances and energy data platforms, as well as datasets from the open data catalog Definition: National estimates of the percentage of the population falling below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. British influence and control over what would become Nigeria and Africa's most populous country grew through the 19th century. Following nearly 16 years of military rule, a new constitution was … World Development Indicators (WDI) Mozambique GDP, PPP (current international $) of Mozambique increased from 9,704 million current international $ in 2001 to 40,525 million current international $ in 2020 growing at an average annual rate of 7.90%. The Data Catalog is designed to make World Bank's development data easy to find, download, use, and share. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). China follows, with close to $15 trillion, or 17.4% of the world economy. Line Bar Map. It presents the most current and accurate global development data available, and includes national, regional and global estimates. Mozambique Population below poverty line. 84 % of the world’s population lived in the Third World in 2006, yet the total GNP of the Third world is only 22%. Category: Business & Economics. Nominal Gross Domestic Product 2020: 974,511,000,000: 956,785,914,593: MZM: Annual: Investment 2019: 367,261,000,000: 416,786,000,000: MZM: Annual: Nominal Fixed Investment (gross fixed capital formation) 2017: 170,028,327,700: 154,469,609,400: NCU: Annual 7. Prof Mwenje said 49 128 candidates sat for the November 2021 examinations compared to 50 287 in 2020, representing a 2,03 percent decrease in candidate entries. Chart and table of the Mozambique birth rate from 1950 to 2022. The latest value from 2019 is 45.84 percent. Mozambique's data is highlighted in the table below, use the filter and sort … Mozambique is becoming less dependent on imports for basic food and manufactured goods due to steady increases in local production. 411 a PLW 189 Palau 330 a KIR 190 Kiribati 289 a MHL 191 Marshall Islands 247 a NRU 192 Nauru 152 a TUV 193 Tuvalu 55 a The largest city and the capital of the republic is Maputo, which was previously known as Lourenco Marques. Mozambique Rank; GDP: $14.7B: 124: GDP growth, 1 year: 3.3%: 88: GDP growth, 5-years average: 5%: 35: Population: 29.7M: 45: GDP per capita: $499: 192: GDP per capita growth: 0.46%: 153: Purchasing Power Parity conversion factor: 20.62: 69: Price level ratio of PPP conversion factor GDP to market exchange rate: 0.34: 156: GDP per capita, PPP adjusted: $1.3k: 191: GNI, Atlas … GDP structure: agriculture 31.80%, industry 24.60%, services 43.6% (2012 est.) World Bank national accounts data, and OECD National Accounts data files. Gross Domestic Product of Mozambique fell -1.2% in 2020 compared to last year. Countries With Highest GDP Per Capita The countries with the highest economic production per person have … Somalia. Page last updated on February 28, 2018 Economy - overview: At independence in 1975, Mozambique was one of the world's poorest countries. In 1987, the government embarked on a series of macroeconomic reforms designed to stabilize the economy. Mozambique is ranked 32nd among 47 countries in … To get a more granular look at this and other factors, economists often turn to GDP per capita, which divides gross domestic product by the number of people in the country. 4.0 (%) in 2017. "Mozambique’s economy is expected to gradually recover from 2021 but substantial downside risks remain due to u Read more. Source: World Bank and SPTEC Advisory estimates 6x 9x 6x 9x 0 20 40 60 80 100 120 140 160 180 GDP (Billion current USD) 2000 2010 Possible impact of natural gas and coal reserves development on 2010 GDP (from 6x to 9x) Definitions of poverty vary considerably among nations. Mozambique compared to other Countries The Agriculture % of GDP of Mozambique is similar to that of Rwanda, Benin, Nigeria, Malawi, Kenya, ... Datasource: CIA - … Extensive development in the extractive industry has led to economic growth in recent years, and the sector contributed 19.47% of the nation’s GDP in 2017. HIV is a leading cause of death and a health threat to millions worldwide. Eloise Floods Mozambique. Since then, it has enjoyed significant economic growth, with an annual GDP growth rate of over 7.5% in recent years. GDP growth (annual %) - Mozambique from The World Bank: Data. Many of the poorest countries in the world are also considered Least Developed Countries (LDCs) by the UN. 191. The absolute value of GDP in Mozambique dropped €1,473 $1,371 … Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. At independence in 1975, Mozambique was one of the world's poorest countries. The statistic shows the growth in real GDP in Mozambique from 2016 to 2019, with projections up until 2026. 192. Welcome to the 2018 LPI The LPI is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance. In that dataset, the UK would have been 7th in 1950. For comparison, the world average in 2019 based … World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially recognized international sources. One such development is the recent (2021) inauguration of new treatment facility that will expand water supply services to around 560,000 additional people in … This map looks at the world’s 25 poorest countries by this metric. Gross Domestic Product of United States grew 5.7% in 2021 compared to last year. GDP: purchasing power parity - $39.16 billion (2018 est.) Mozambique’s official currency is the Metical (MT), which is divided into 100 Centavos in denominations. There is also widespread acceptance of the South African Rand (ZAR) and US Dollar (USD). Banks and major resorts are places where money can be exchanged. Mozambique became independent in 1975. This rate is 91 -tenths of one percent higher than the figure of -3.4% published in 2020. The Gross Domestic Product (GDP) in Mozambique was worth 14.02 billion US dollars in 2020, according to official data from the World Bank. Explore similarities and differences. maddison's data is pretty close to this data. Over the past 27 years, the value for this indicator has fluctuated between 43,055,210,000 in 2018 and 4,155,316,000 in 1992. GDP of Mozambique in nominal and ppp terms. [Note: Even though Global Development Finance (GDF) is no longer listed in the WDI … Mozambique vs Zambia: Economic Indicators Comparison Zambia with a GDP of $26.7B ranked the 106th largest economy in the world, while Mozambique ranked 124th with $14.7B. At independence in 1975, Mozambique was one of the world's poorest countries. Problems in the Third World Countries Per Capita Income: Third world countries have lower per capita income. Economy in Mozambique - basic information and indicators on the information portal Countries.World. ISBN: 9780821342923. GDP (current US$) - Mozambique. The average value for Mozambique during that period was 32.31 percent with a minimum of 18.33 percent in 2009 and a maximum of 53.99 percent in 2013. Claims on central government (IFS line 52AN or 32AN) include loans to central government institutions net of deposits. Country available labor force: 10.1 million (2012 est.) WITS TradeStat Database is designed with the purpose of providing the latest international merchandise and commercial services trade data and overview of country and region's imports and exports, tariff and non-tariff measures. GDP - composition by sector: 5. Mozambique’s economic freedom score is 51.3, making its economy the 142nd freest in the 2022 Index. Unemployment rate by year chart; Unemployment rate rank chart Unemployment rate: 24.5% (2017 est.) This year’s study covers 11 indicator sets and 190 economies. Socialist policies, economic mismanagement, and a brutal civil war from 1977 to 1992 further impoverished the country. Mozambique GDP: 34 billion International Dollars (2017) Gross Domestic Product (PPP in 2011 prices) In these countries, more than 75% of the population live below the poverty line. 2015 GDP: +7.20%. The country’s real Gross Domestic Product (GDP) is estimated to have declined by 1.3 … Some of the minerals mined in Mozambique include coal, bentonite, marble, bauxite, gold, titanium, granite, and gemstones. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Capital expenditure is also higher in Liberia than in neighboring countries. Socialist policies, economic mismanagement, and a brutal civil war from 1977 to 1992 further impoverished the country. The latest projected “ GDP rankings of the world’s largest economies ” is based on the size of national economies in US dollar terms. Socialist mismanagement and a brutal civil war from 1977-92 exacerbated the situation. Economic Details: Mozambique. Composition of Mozambique’s GDP (% value added), 2010-2015 Source: World Bank, 2016 Note: Industry includes Mining contribution to GDP. 953. Richest African Countries by GDP per Capita (INT$ at PPP — World Bank 2021) GDP, PPP. Mozambique's Compound Annual Growth Rate (CAGR) over the last 10, 5 and 3 years was 5.6%, 2.6% and 2.0% respectively. Rebuilding the Mozambique Economy. Most country comparison to the world (CIA rank, may be based on non-current data): 102 [see also: Carbon dioxide emissions from consumption of energy country ranks ] NOTE: 1) The information regarding Mozambique on this page is re-published from the 2020 World Fact Book of the United States Central Intelligence Agency and other sources. This list contains projected GDP per capita (Nominal and PPP) of top 50 Countries/Economies in current prices of year 2020 and 2021 by IMF alongside their world rank, compare to world's average, gdp growth rate and gdp. Mozambique has a GDP per capita of $1,300 as of 2017, while in Zambia, the GDP per capita is $4,000 as of 2017. This volume is a compilation of the topics raised at the conference, which was assembled to pursue the important task of organizing knowledge that can help address key issues facing people around the world. Natural resources: coal, titanium, natural gas, hydropower, tantalum, graphite. country comparison to the world: 121. Over the period 2017–2020, capital spending amounted to 6.8 percent of GDP in Sierra Leone, 4.9 percent of GDP in Côte d’Ivoire, 4.7 percent of GDP in Guinea, and only 2.0 percent of GDP in Ghana. Statistics. Doing Business subnational studies Doing Business The first study, published in 2003, covered 5 indicator sets and 133 economies. GDP - real growth rate: 3% (2017 est.) This is mainly due to losses to agricultural production and disruptions to transport, communications and services. Fun fact: They have actually been at war for the majority of their history Angolan war of independence 1961-1974 and Angolan Civil War 1975-2002 Mozambique is a poor, sparsely populated country with high fertility and mortality rates and a rapidly growing youthful population – 45% of the population is younger than 15. Mozambique’s high poverty rate is sustained by natural disasters, disease, high population growth, low agricultural productivity, and the unequal distribution of wealth. Mozambique and World economic and financial indicators. Sectors relevant to FAO: The classifications are updated each year on July 1 and are based on GNI per capita in current USD (using the Atlas method exchange rates) of the previous year (i.e. We use cookies to personalise content and ads. country comparison to the world (CIA rank, may be based on non-current data): 132. A base year refers to the base point in time of a time series such as with a GDP deflator to convert GDP at current market prices into GDP at constant prices. The overwhelming majority of producers are subsistence farmers. Author: Publisher: World Bank Publications. Mozambique; GDP per capita, current $US GDP per capita, current PPP$ GDP per capita growth, % GDP per capita at current PPP $, compared to US (US=100) 1990: U.S. dollars: 241.4: 231.5: 0.2: 1.5: 1991: U.S. dollars: 184.5: 250.1: 4.6: 1.6: 1992: U.S. dollars: 126.7: 238.0-7.0: 1.5: 1993: U.S. dollars: 126.7: 259.4: 6.5: 1.5: 1994: U.S. dollars: 138.5: 273.7: 3.3: 1.5: 1995: … GDP in Mozambique averaged 7.70 USD Billion from 1980 until 2020, reaching an all time high of 17.72 USD Billion in 2014 and a record low of 2.09 USD … The GDP per Capita in Mozambique is equivalent to 5 percent of the world's average. Released today, the 6 th edition of the World Bank Mozambique Economic Update: Setting the Stage for Recovery, notes that the COVID-19 (coronavirus) pandemic has hit Mozambique’s economy as it was recovering from the debt crisis and the tropical cyclones of 2019. NOTE: 1) The information regarding Mozambique on this page is re-published from the 2020 World Fact Book of the United States Central Intelligence Agency and other sources. Shortly after, the country suffered a civil war that lasted 16 years until the Peace Agreement was signed in 1992. Although the mining and extractive resources industry saw considerable growth of 13% year-on-year (y-o-y) in 2014, this is lower than the 66.5% annual growth rate in 2012. Mozambique: Capital investment as percent of GDP: For that indicator, we provide data for Mozambique from 1991 to 2019. The average hourly wage (pay per hour) in Mozambique is 550 MZN. This means that the average person in Mozambique earns approximately 550 MZN for every worked hour. The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. The global pandemic has taken a heavy toll on Mozambique’s economy. 6. You can change your cookie settings at any time. This reduction results in a 4% reduction in total population (2 million fewer people) by 2040. For … The World Bank on Friday said that Mozambique's economy is expected to remain in recession this year, falling by 0.8% of GDP, after in the past falling by 1.3%, recovering only in 2022. Substantial underemployment might be noted. Sts. GDP growth slowed markedly in major European economies in Q4 2021, including France (to 0.7%, compared with 3.1% in the previous quarter) and Italy (to 0.6%, compared with 2.6%). Real gross domestic product (GDP) increased at an annual rate of 6.7 percent in the second quarter of 2021 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. United Nations projections are also included through the year 2100. GDP growth: 7.5% (2012 est.) In Germany,GDP contracted by 0.7% in Q4 2021 compared with growth of 1.7% in Q3 2021. The latest value for GDP, PPP (current international $) in Mozambique was 43,055,210,000 as of 2018. 2014-2017 GDP CAGR: +7.30% Economy: Mozambique has attracted large investment projects in natural resources, which means the country’s high growth rates should continue.Some analysts believe that Mozambique might be able to generate revenues from natural gas, coal, and hydroelectric … $38.91 billion note: data are in 2017 dollars (2019 est.) 2020 in this case). GDP per capita (USD) … Trade statistics by Country / Region. Mozambique gnp for 2018 was $13.63B, a 1.98% increase from 2017. Bangladesh exported 43 different products in 2015. The World Bank is supporting Mozambique expand its water provision in urban and rural areas. 2017 GDP: +7.30%. In 2015, Bangladesh's largest export sector was Vegetable, with 62.83% of total exports. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.Nominal GDP does not take into account differences in the cost of living in different countries, and the … As of 2020, agricultural activities added around 160 billion Mozambican meticais (around 2.5 billion U.S. dollars) to Mozambique's Gross … In World Factbook estimates, Niue, a small island nation in the South Pacific Ocean, is the smallest economy with a GDP of $10 mn in the year 2003. 779. But compared with natural gas and oil, coal is by far the easiest to cut off quickly and inflicts far less damage on Russian President Vladimir Putin's war … The "third" estimate of GDP released today is based on more complete source data than were available for the … More info. India, the world's second most populous nation has an estimated GDP per capita of $6,100, 163rd on the World Factbook's list. Population below poverty line: 46.1% (2014 est.) 25% (2016 est.) Prospects for emerging market and developing economies have been … 63.1% of the world population has received at least one dose of a COVID-19 vaccine. GDP per capita in Mozambique averaged 351.21 USD from 1980 until 2020, reaching an all time high of 602.53 USD in 2018 and a record low of 167.25 USD in 1986. A projected GDP growth of over 3% in 2020 was interrupted by the compounded effect of the coronavirus pandemic, an infestation of locusts unprecedented in modern times and intensified floods, which caused the economy to contract by 1.5%. Mozambique gnp for 2020 was $14.38B, a 2.67% decline from 2019. This rate is 35 -tenths of one percent less than the previous year, when changed 2.3%. 5.3.4 FDI net inflows, % GDP : 5.3.5 Research talent, % in businesses : 6 Knowledge and technology outputs : 6.1. Mozambique is the former Portugese colony located on the southeastern coast of Africa. The GDP figure in 2021 was €19,443,730 $22,996,100 million, United States is the world's leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. Foreign direct investment was $99.0 million or 0.51% of the GDP, as of 2016. The magazine expects India to rise to fifth place in 2019 from seventh, and France to remain at sixth. Ports and terminals: major seaport (s): Beira, Maputo, Nacala. The GDP figure in 2020 was €12,274 $14,019 million, Mozambique is number 130 in the ranking of GDP of the 196 countries that we publish. Mozambique gnp for was $0.00B, a 100% decline from 2020. In the United Kingdom, GDP growth stabilised at 1.0% in Q4 2021. ... International Comparison Program & Purchasing Power Parity; International Household Survey Network (IHSN) ... GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) 10.77 billion doses have been administered globally, and 24.77 million are now administered each day. Mozambique had a total export of 5,195,579.53 in thousands of US$ and total imports of 6,785,547.38 in thousands of US$ leading to a negative trade balance of -1,589,967.85 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Mozambique is 4.18% and the Most Favored Nation (MFN) Weighted Average tariff is … First world with 16 % of the population enjoys 78% of world GNP. In 1987, the government embarked on a series of macroeconomic reforms designed to stabilize the economy. The current birth rate for Mozambique in 2022 is 36.257 births per 1000 people, a 0.99% decline from 2021.; The birth rate for Mozambique in 2021 was 36.619 births per 1000 people, a 0.98% decline from 2020.; The birth rate for Mozambique in … $38.04 billion note: data are in 2017 dollars (2018 est.) GDP - per capita: purchasing power parity - $1,327.9 (2018 est.) note: data are in 2017 dollars. Values are expressed in current international dollars, reflecting the corresponding exchange rates and PPP adjustments. Mozambique gnp for 2019 was $14.77B, a 8.4% increase from 2018. Estimates by world bank since 1961. Mozambique's base year is 2014. Mozambique ranks among the least developed countries in the world. Tuvalu has the world's smallest national economy with a GDP (nominal) of approximately $48 million. Here’s a look at the 10 countries with the lowest GDP per capita: Life in these countries offers a stark contrast compared to the top 10. The latest value from 2020 is 18 billion U.S. dollars. 2016 GDP: +7.30%. The United States is the largest bilateral donor to the country, providing over $560 million in assistance annually. 996. Value & Rank The Agriculture % of GDP of Mozambique is 28.7 (%) with a global rank of 23. Definition: This entry contains the percent of the labor force that is without jobs. First World Country Third World Country. Only 12.9% of people in low-income countries have received at least one dose. Mozambique also records a slight decrease in its youth bulge and the dependency ratio falls by 8% relative to the Current Path in 2040. cities can compare their business regulations with other cities in the economy or region and with the 190 economies that has ranked. Burundi. As a result of the population reduction, GDP per capita increases by 2.5% compared to the Current Path by 2040. The average value for Mozambique during that period was 7.5 billion U.S. dollars with a minimum of 2.1 billion U.S. dollars in 1986 and a maximum of 18.2 billion U.S. dollars in 2019. The World Bank assigns the world’s economies to four income groups—low, lower-middle, upper-middle, and high-income countries. Mozambique's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries. Source: CIA World Factbook - This page was last updated on Saturday, September 18, 2021 See Also. Real gross domestic product (GDP) contracted by 1.3 percent in 2020, compared to a pre-Covid estimate of 4.3 percent, as external demand declined, domestic lockdown measures disrupted supply chains and depressed domestic demand, and … “This seems more reasonable compared to the government’s -9,1 percent of GDP in 2021,” RMB stated. Source: International Monetary Fund, World Economic Outlook October 2021. Mozambique's GDP CAGR Growth. Nominal (current) Gross Domestic Product (GDP) of Mozambique is $12,645,508,634 (USD) as of 2017. (over 23 billion tons) should take Mozambique close to Angola or Qatar in terms of GDP, in a very near future. World Economic Outlook Update, July 2021: Fault Lines Widen in the Global Recovery July 27, 2021 Description: The global economy is projected to grow 6.0 percent in 2021 and 4.9 percent in 2022.The 2021 global forecast is unchanged from the April 2021 WEO, but with offsetting revisions. From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. Mozambique: Gross Domestic Product, billions of 2010 U.S. dollars: For that indicator, we provide data for Mozambique from 1980 to 2020. Actually Angola was still a Portuguese colony this why it is classified as a 1rd world country, same with Mozambique.