Markets Actual Q3 Q4 Q1 Q2 2020
Currency 61.10 61.56 61.92 62.29 62.66 63.4
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 2.00 1.3 1.4 1.8 2 3.5
GDP Annual Growth Rate (%) 2.30 1.8 2 2.2 2.6 3.4
Inflation Rate (%) 2.02 1.9 2 1.8 1.7 1.7
Inflation Rate Mom (%) 0.11 -0.3 -0.2 -0.1 -0.2 0.1
Interest Rate (%) 12.75 12.75 12 11.5 11 10
Balance of Trade (USD Million) -79.90 -1558 -244 -244 -244 -312
Current Account to GDP (%) -31.50 -29 -29 -27 -27 -27
Government Debt to GDP (%) 113.00 132 132 120 120 120
Government Budget (% of GDP) -4.60 -5.4 -5.4 -5.1 -5.1 -5.1
Business Confidence (Index Points) 98.20 97.2 97.2 98 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 Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 2.00 1.3 1.4 1.8 2 3.5
GDP Annual Growth Rate (%) 2.30 1.8 2 2.2 2.6 3.4
GDP (USD Billion) 14.46 15.2 15.2 16 16 16
GDP Constant Prices (MZN Million) 177825.00 161361 171174 167927 182448 176994
Gross Fixed Capital Formation (MZN Million) 180258.00 163204 183863 184224 184945 190115
GDP per capita (USD) 539.20 542 542 547 547 547
GDP per capita PPP (USD) 1180.37 1182 1140 1140 1145 1145
GDP From Agriculture (MZN Million) 43885.00 36394 27204 38843 45026 28129
GDP From Construction (MZN Million) 2509.00 2954 3863 2211 2574 3994
GDP From Manufacturing (MZN Million) 13304.00 8522 16729 14923 13650 17298
GDP From Mining (MZN Million) 11493.00 13487 13648 10398 11792 14112
GDP From Public Administration (MZN Million) 13809.00 13202 10851 5480 14168 11220
GDP From Utilities (MZN Million) 4229.00 4515 4617 4322 4339 4773
Labour Actual Q3 Q4 Q1 Q2 2020
Wages High Skilled (MZN/Month) 24900.00 25617 25600 25600 25600 26600
Wages Low Skilled (MZN/Month) 9760.00 8461 10900 10900 10900 11500
Minimum Wages (MZN/Month) 4390.00 4650 4650 5050 5050 5050
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 2.02 1.9 2 1.8 1.7 1.7
Inflation Rate Mom (%) 0.11 -0.3 -0.2 -0.1 -0.2 0.1
Consumer Price Index CPI (Index Points) 122.50 122 123 125 125 126
Producer Prices (Index Points) 248.50 261 272 265 263 287
Producer Prices Change (%) 11.80 10.6 9.5 6.5 6 5.5
Food Inflation (%) 3.20 2.3 2.5 2.1 2.2 2.3
CPI Transportation (Index Points) 129.30 133 132 132 131 134
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 12.75 12.75 12 11.5 11 10
Lending Rate (%) 19.50 19.5 19.5 19 18.5 18
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) -79.90 -1558 -244 -244 -244 -312
Current Account to GDP (%) -31.50 -29 -29 -27 -27 -27
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 113.00 132 132 120 120 120
Government Budget (% of GDP) -4.60 -5.4 -5.4 -5.1 -5.1 -5.1
Government Spending (MZN Million) 186191.20 201060 189915 190287 191032 196372
Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) 98.20 97.2 97.2 98 98 97.6
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Spending (MZN Million) 437949.84 429732 446709 447585 449337 461897


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.