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Trading Basics

Mozambique

Capital
Maputo
Region
Sub-Saharan Africa
Income group
Low income
Population
35.6 million (2025)

At a glance

  • Prices in Mozambique rose 4.4% in 2025, faster than in most countries.
  • Mozambique's economy shrank 0.5% in 2025, slower than most economies.
  • Output per person in Mozambique was US$627 in 2025, lower than in most countries.
  • 6.6% of Mozambique's labour force had no job in 2025, a higher share than in most countries.
  • Mozambique's central government owed 71.8% of GDP in 2024, more than in most countries with data.
  • Mozambique had 35.6 million people in 2025: about 0.4% of everyone on Earth, the 46th largest population of 217 countries and territories.
  • Mozambique had a current account deficit of 14.2% of GDP in 2025, lower than in most countries.

Consumer prices, change over the year (yearly average)

4.4%
World median 3.0%

Since 2005

Show the numbers
Inflation in Mozambique and the world median, last ten years
YearMozambiqueWorld median
20254.4%3.0%
20244.1%3.0%
20237.1%5.7%
202210.3%8.0%
20216.4%3.5%
20203.5%1.9%
20192.8%2.2%
20183.9%2.5%
201715.1%2.3%
201617.4%1.6%

Real GDP, change over the year

−0.5%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Mozambique and the world median, last ten years
YearMozambiqueWorld median
2025−0.5%3.4%
20242.2%3.4%
20235.5%3.2%
20224.4%4.3%
20212.4%5.1%
2020−1.2%−3.8%
20192.3%2.8%
20183.5%3.2%
20172.6%3.3%
20164.7%3.1%

GDP divided by population, in US dollars at current prices

US$627
World median US$7,882

Since 2000

Show the numbers
GDP per person in Mozambique and the world median, last ten years
YearMozambiqueWorld median
2025US$627US$7,882
2024US$657US$7,853
2023US$622US$7,862
2022US$578US$7,656
2021US$510US$7,269
2020US$462US$6,433
2019US$519US$7,037
2018US$518US$6,978
2017US$471US$6,548
2016US$441US$5,982

Share of the labour force without a job (ILO modelled estimate)

6.6%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Mozambique and the world median, last ten years
YearMozambiqueWorld median
20256.6%5.1%
20246.7%5.1%
20236.7%5.2%
20226.8%5.3%
20215.4%6.0%
20205.0%6.4%
20194.5%5.4%
20184.2%5.4%
20173.9%5.6%
20163.7%5.9%

Central government debt, % of GDP

71.8%
World median 53.2%

Since 2016

Show the numbers
Government debt in Mozambique and the world median, last ten years
YearMozambiqueWorld median
202471.8%53.2%
202372.6%60.7%
202276.6%55.6%
202184.2%58.8%
2020101.4%64.3%
201978.9%49.2%
201881.4%47.3%
201778.5%51.2%
201692.2%50.2%

Everyone living in the country, mid-year

35.6 million

Since 2000

Show the numbers
Population in Mozambique and the world median, last ten years
YearMozambique
202535.6 million
202434.6 million
202333.6 million
202232.7 million
202131.7 million
202030.8 million
201929.9 million
201829.0 million
201728.2 million
201627.3 million

Current account balance, % of GDP

−14.2%
World median −0.8%

Since 2005

Show the numbers
Current account balance in Mozambique and the world median, last ten years
YearMozambiqueWorld median
2025−14.2%−0.8%
2024−11.0%−1.3%
2023−10.6%−1.2%
2022−33.7%−3.0%
2021−21.2%−2.4%
2020−25.0%−1.7%
2019−16.1%−2.1%
2018−29.5%−2.9%
2017−17.9%−2.1%
2016−33.7%−2.8%

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Mozambique since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Government debt: International Monetary Fund, Government Finance Statistics; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.