Markets Actual Q2 Q3 Q4 Q1 2020
Currency 64.00 63.74 64.19 64.64 65.09 66
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 2.00 1.4 1.3 1.3 1.3 1.5
GDP Annual Growth Rate (%) 3.10 3.4 3.4 3.8 3.6 4.1
Inflation Rate (%) 3.41 4 4.7 3.4 3.2 3
Inflation Rate Mom (%) 0.67 0.5 0.3 0.5 0.5 0.7
Interest Rate (%) 14.25 14.25 14.75 14.75 14.75 14.5
Balance of Trade (USD Million) -611.00 -247 -1558 -244 -244 -312
Current Account to GDP (%) -16.20 -29 -29 -29 -27 -27
Government Debt to GDP (%) 88.20 132 132 132 120 120
Government Budget (% of GDP) -4.40 -5.5 -5.5 -5.5 -6 -6
Business Confidence (Index Points) 98.50 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 1.4 1.3 1.3 1.3 1.5
GDP Annual Growth Rate (%) 3.10 3.4 3.4 3.8 3.6 4.1
GDP (USD Billion) 12.33 13.4 13.4 13.4 14 14
GDP Constant Prices (MZN Million) 118534.00 137673 126147 123038 122801 128083
Gross Fixed Capital Formation (MZN Million) 130049.00 132260 132260 134991 134731 140525
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) 16751.00 36289 24773 17388 17354 18100
GDP From Construction (MZN Million) 2537.00 1788 2172 2633 2628 2741
GDP From Manufacturing (MZN Million) 10589.00 11564 10394 10991 10970 11442
GDP From Mining (MZN Million) 7166.00 7963 8458 7438 7424 7743
GDP From Public Administration (MZN Million) 8282.00 8431 9105 8597 8580 8949
GDP From Utilities (MZN Million) 3052.00 3186 3073 3208 3220 3410
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 (%) 3.41 4 4.7 3.4 3.2 3
Inflation Rate Mom (%) 0.67 0.5 0.3 0.5 0.5 0.7
Consumer Price Index CPI (Index Points) 123.00 125 126 125 126 129
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 (%) 1.00 0.1 0.3 0.5 1 1.5
CPI Transportation (Index Points) 129.67 133 136 134 134 138
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 14.25 14.25 14.75 14.75 14.75 14.5
Deposit Interest Rate (%) 12.37 12.37 12.37 12.37 12.37 12.37
Lending Rate (%) 19.50 19.9 19.9 19.9 19.9 19.9
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -611.00 -247 -1558 -244 -244 -312
Current Account to GDP (%) -16.20 -29 -29 -29 -27 -27
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 88.20 132 132 132 120 120
Government Budget (% of GDP) -4.40 -5.5 -5.5 -5.5 -6 -6
Government Spending (MZN Million) 116736.00 118721 118721 121172 120938 126140
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) 98.50 97.3 97.2 97.27 98 97.6
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Spending (MZN Million) 343086.00 348918 348918 356123 355437 370724


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.