Markets Actual Q2 Q3 Q4 Q1 2020
Currency 61.45 61.94 62.34 62.74 63.14 63.95
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 2.00 0.6 1.3 1.4 1.8 3.5
GDP Annual Growth Rate (%) 2.50 1.3 1.6 1.8 2.5 3.5
Inflation Rate (%) 2.42 4 5.2 6.5 6.4 6
Inflation Rate Mom (%) 0.29 0.5 0.3 0.5 0.5 0.7
Interest Rate (%) 13.25 13.25 13.25 13.25 13.25 14.5
Balance of Trade (USD Million) -331.80 -247 -1558 -244 -244 -312
Current Account to GDP (%) -23.10 -29 -29 -29 -27 -27
Government Debt to GDP (%) 110.50 132 132 132 120 120
Government Budget (% of GDP) -4.60 -5.4 -5.4 -5.4 -5.1 -5.1
Business Confidence (Index Points) 95.40 97.3 97.2 97.27 98 97.6
Corporate Tax Rate (%) 32.00 32 32 32 32 32
Personal Income Tax Rate (%) 32.00 32 32 32 32 32
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 2.00 0.6 1.3 1.4 1.8 3.5
GDP Annual Growth Rate (%) 2.50 1.3 1.6 1.8 2.5 3.5
GDP (USD Billion) 12.33 13.4 13.4 13.4 14 14
GDP Constant Prices (MZN Million) 164312.00 137132 126023 120668 121497 124891
Gross Fixed Capital Formation (MZN Million) 130049.00 131740 132130 132390 133300 137024
GDP per capita (USD) 519.00 535 535 535 568 568
GDP per capita PPP (USD) 1136.10 1182 1140 1140 1145 1145
GDP From Agriculture (MZN Million) 38007.00 36146 24749 17053 17170 17649
GDP From Construction (MZN Million) 2163.00 1781 2170 2583 2600 2673
GDP From Manufacturing (MZN Million) 14602.00 11519 10384 10780 10854 11157
GDP From Mining (MZN Million) 10174.00 7932 8450 7295 7345 7550
GDP From Public Administration (MZN Million) 5362.00 8398 9096 8431 8489 8726
GDP From Utilities (MZN Million) 4229.00 3121 3020 3107 3128 3216
Labour Actual Q2 Q3 Q4 Q1 2020
Wages High Skilled (MZN/Month) 24900.00 25617 25749 25600 25600 26600
Wages Low Skilled (MZN/Month) 9760.00 8461 8459 10900 10900 11500
Minimum Wages (MZN/Month) 4150.00 4650 4650 4650 5050 5050
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 2.42 4 5.2 6.5 6.4 6
Inflation Rate Mom (%) 0.29 0.5 0.3 0.5 0.5 0.7
Consumer Price Index CPI (Index Points) 122.98 125 126 129 131 137
Producer Prices (Index Points) 248.50 227 245 244 244 255
Producer Prices Change (%) 11.80 3.8 3.6 3.5 3.5 4.2
Food Inflation (%) 3.00 2.2 2.3 2.5 2.1 2.3
CPI Transportation (Index Points) 129.21 133 137 138 138 146
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 13.25 13.25 13.25 13.25 13.25 14.5
Lending Rate (%) 19.50 19.5 19.5 19.5 19.5 19.5
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -331.80 -247 -1558 -244 -244 -312
Current Account to GDP (%) -23.10 -29 -29 -29 -27 -27
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 110.50 132 132 132 120 120
Government Budget (% of GDP) -4.60 -5.4 -5.4 -5.4 -5.1 -5.1
Government Spending (MZN Million) 116736.00 118254 118604 118837 119654 122997
Taxes Actual Q2 Q3 Q4 Q1 2020
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 Q2 Q3 Q4 Q1 2020
Business Confidence (Index Points) 95.40 97.3 97.2 97.27 98 97.6
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Spending (MZN Million) 343086.00 347546 348575 349262 351663 361486


This page has 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.