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Mozambique Economic Statistics (2026)

1980

2026

2031

Source: IMF World Economic Outlook · Updated May 2026

1980

2026

2031

What to know

Mozambique produces $1,699 per person (PPP) in 2026, below the global average. The economy is worth about $23 billion in total. Over the past five years it has grown at about 2.4% a year. Inflation is 4.4%. Government debt is 106% of GDP. Its current account is in deficit, at 43.0% of GDP.

Key statistics for 2026

GDP per capita (PPP)

$1,699

GDP growth

+0.5%

Inflation rate

4.4%

Key terms

GDP: — Gross Domestic Product, the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity, reflecting what money actually buys in each country.
GDP per capita: — GDP divided by population, a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Output & Growth

Total GDP is $23 billion, with slow growth of 0.5% in 2026.

Living Standards

GDP per capita is $632 in nominal terms, but $1,699 when adjusted for local purchasing power, indicating lower prices than in the US.

Prices & Employment

Inflation is 4.4% in 2026.

Government Finances

Government debt is very high at 106% of GDP. The government spends more than it collects (revenue: 26.5%, expenditure: 32.9% of GDP).

External & Fiscal Balance

The country is running a fiscal deficit of 6.5% of GDP and a current-account deficit of 43.0% of GDP.

The bottom line

Mozambique is a lower-income economy with GDP per capita (PPP) of $1,699. Government debt exceeds GDP at 106%.

Source: IMF World Economic Outlook · Updated May 2026

What to know

Mozambique produces $1,699 per person (PPP) in 2026, below the global average. The economy is worth about $23 billion in total. Over the past five years it has grown at about 2.4% a year. Inflation is 4.4%. Government debt is 106% of GDP. Its current account is in deficit, at 43.0% of GDP.

Key statistics for 2026

GDP per capita (PPP)

$1,699

GDP growth

+0.5%

Inflation rate

4.4%

Key terms

GDP: — Gross Domestic Product, the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity, reflecting what money actually buys in each country.
GDP per capita: — GDP divided by population, a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

The bottom line

Mozambique is a lower-income economy with GDP per capita (PPP) of $1,699. Government debt exceeds GDP at 106%.

United Republic of Tanzania

South Africa

Malawi

Zambia

Zimbabwe

Eswatini

What to know

Key statistics for 2026

The bottom line

United Republic of Tanzania

South Africa

Malawi

Zambia

Zimbabwe

Eswatini

What to know

Key statistics for 2026

The bottom line