Economy of Mozambique

Imports

Imports commoditiesmachinery and equipment, vehicles, fuel, chemicals, metal products, foodstuffs, textiles

Import partnersSouth Africa 30.5%, China 12.3%, India 11.6%, US 5.1%, Portugal 4.8%, Australia 4.5% (2012)

Exports

Exports commoditiesaluminum, prawns, cashews, cotton, sugar, citrus, timber; bulk electricity

Export partnersSouth Africa 31.3%, Belgium 12.8%, China 9%, Italy 7.9%, Spain 6.2%, India 5.8% (2012)

Economy sectors

Agriculture productscotton, cashew nuts, sugarcane, tea, cassava (tapioca), corn, coconuts, sisal, citrus and tropical fruits, potatoes, sunflowers; beef, poultry

Industrial productsaluminum, petroleum products, chemicals (fertilizer, soap, paints), textiles, cement, glass, asbestos, tobacco, food, beverages

Economy

Unemployment7.50 % (2012)7.50 % (2011)7.50 % (2010)

GDP - Official Exchange Rate14.7 Billion $ (2013)14.1 Billion $ (2012)12.5 Billion $ (2011)

GDP - Official Exchange Rate of Mozambique

GDP growth rate7.00 % (2013)7.40 % (2012)7.30 % (2011)

GDP per Capita (PPP)1,200 $ (2013)1,200 $ (2012)1,100 $ (2011)

GDP - Purchasing Power Parity28.2 Billion $ (2013)26.0 Billion $ (2012)24.4 Billion $ (2011)

GDP - Purchasing Power Parity of Mozambique

GDP PPP per land area35,215 $ per square kilometer (2013)32,463 $ per square kilometer (2012)30,511 $ per square kilometer (2011)

Electricity

Electricity - installed generating capacity2.43 Million kW

Banking

Central bank discount rate9.50 % (2013)3.25 % (2010)9.95 % (2009)

Central bank discount rate of Mozambique

Commercial bank prime lending rate15.6 % (2013)16.8 % (2012)19.1 % (2011)

Commercial bank prime lending rate of Mozambique

GDP decomposition by sector

Agriculture % of GDP28.7 % (2013)29.9 % (2012)

Industry % of GDP24.9 % (2013)24.6 % (2012)

Services % of GDP46.4 % (2013)45.5 % (2012)

Tourism

International tourism, number of arrivals2.11 Million (2012)1.90 Million (2011)1.72 Million (2010)

Yearly Tourist arrivals to residents ratio8.38 % (2012)8.29 % (2011)7.17 % (2010)

Yearly Tourist arrivals to residents ratio of Mozambique

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)46.7 % of GDP (2013)42.2 % of GDP (2012)34.4 % of GDP (2011)

Public debt (Percentage of GDP) of Mozambique

Budget surplus (+) or deficit (-)-4.20 % of GDP

Current Account Balance (Percentage of GDP)-43.80 % of GDP (2012)-23.89 % of GDP (2011)-15.64 % of GDP (2010)

Current Account Balance (Percentage of GDP) of Mozambique

External Debt Stocks (Percentage of GNI)32.9 % of GNI (2012)33.2 % of GNI (2011)40.6 % of GNI (2010)

External Debt Stocks (Percentage of GNI) of Mozambique

Short-term debt (percentage of total external debt)3.97 % of total external debt (2012)3.27 % of total external debt (2011)12.9 % of total external debt (2010)

Short-term debt (percentage of total external debt) of Mozambique

Current Account Balance (Total)-5.88 Billion $ (2013)-5.17 Billion $ (2012)-1.62 Billion $ (2011)

Current Account Balance (Total) of Mozambique

External Debt (Total)6.28 Billion $ (2013)4.70 Billion $ (2012)4.46 Billion $ (2011)

External Debt (Percentage of GDP)42.8 % of GDP (2013)33.5 % of GDP (2012)35.6 % of GDP (2011)

External Debt (Percentage of GDP) of Mozambique

External Debt per Capita243 $ (2013)186 $ (2012)194 $ (2011)