Mozambique

Description of Mozambique

Mozambique, a country nestled on the southeastern coast of Africa, boasts a rich tapestry of cultural heritage and natural beauty. With a history shaped by colonial influence and a struggle for independence, Mozambique has emerged as a nation striving for economic development and political stability. As the country navigates through challenges such as poverty, infrastructure development, and political reforms, Mozambique stands at a crossroads, poised for growth and transformation. Join us as we delve into the complexities and potential of this intriguing nation.

Population And Age Structure

Population, total: Mozambique's total population is 31,178,239, below the average population of 40,097,746. Mozambique ranks 48th out of 194 countries in this data set.

Population ages 0-14 (% of total population): Mozambique has 43.86% of its population in the 0-14 age group, higher than the average of 27.34%. Mozambique ranks 14th out of 194 countries.

Population ages 0-14, total: The total population in the 0-14 age group in Mozambique is 13,675,858, above the average of 10,327,380. Mozambique ranks 27th out of 194 countries.

Population ages 15-64 (% of total population): Mozambique has 53.54% of its population in the 15-64 age group, lower than the average of 63.44%. Mozambique ranks 179th out of 194 countries.

Population ages 15-64, total: The total population in the 15-64 age group in Mozambique is 16,691,707, significantly below the average of 26,003,407. Mozambique ranks 52nd out of 194 countries.

Population ages 65 and above (% of total population): Mozambique has 2.60% of its population aged 65 and above, much lower than the average of 9.22%. Mozambique ranks 178th out of 194 countries.

Population ages 65 and above, total: The total population aged 65 and above in Mozambique is 810,673, well below the average of 3,766,959. Mozambique ranks 80th out of 194 countries.

Summary

Mozambique's population is below the global average, with a higher percentage of children (0-14 years) and a lower percentage of working-age adults (15-64 years). The proportion of elderly individuals (65 years and above) is significantly low compared to the average. This demographic composition indicates a relatively young population, which could present both opportunities and challenges for the country's social and economic development in terms of healthcare, education, and workforce planning.

Population Miscellaneous

Rural population in Mozambique is 19,619,219, which is higher than the average of 18,044,041. Mozambique ranks 28th out of 190 countries in this attribute.

Rural population (% of total population) in Mozambique is 62.926%, above the average of 41.158%. Mozambique is ranked 40th out of 190 countries.

Urban population in Mozambique is 11,559,020, below the average of 22,425,747. Mozambique ranks 53rd out of 194 countries in urban population.

Urban population (% of total population) in Mozambique is 37.074%, lower than the average of 59.691%. Mozambique is ranked 155th out of 194 countries.

Age dependency ratio (% of working-age population) in Mozambique is 86.789%, above the average of 59.219%. Mozambique ranks 16th out of 194 countries.

Birth rate is 36.974 per 1,000 people in Mozambique, higher than the average of 19.384. Mozambique is ranked 11th out of 192 countries in birth rate.

Death rate is 8.004 per 1,000 people in Mozambique, slightly below the average of 8.214. Mozambique ranks 90th out of 192 countries in death rate.

The fertility rate in Mozambique is 4.713 births per woman, exceeding the average of 2.603. Mozambique ranks 15th out of 190 countries in fertility rate.

Summary

Mozambique has a higher rural population, higher rural population percentage, and a lower urban population compared to global averages. The country also has a higher age dependency ratio, birth rate, death rate, and fertility rate compared to the global averages. These indicators suggest Mozambique's population is primarily rural-based with high birth rates and fertility rates, indicating potential challenges in providing healthcare, education, and employment opportunities for a growing population.

Military

For Military expenditure (current USD), Mozambique has a value of 288,258,945.94, which is significantly below the attribute average of 12,904,993,617.17. Mozambique is ranked 102 out of 149 countries included in the data.

Regarding Military expenditure (% of GDP), Mozambique's value of 2.02% is slightly above the attribute average of 1.90%. Mozambique is ranked 46 out of 148 countries.

In terms of Arms imports, Mozambique's value of 1,000,000 USD is substantially lower than the attribute average of 205,522,123.89. Mozambique is ranked 112 out of 113 countries.

For Armed forces personnel, total Mozambique has 11,000 personnel, below the attribute average of 165,908.54. The country is ranked 129 out of 164 countries in this aspect.

Lastly, for Armed forces personnel (% of total labor force), Mozambique's value of 0.08% is well below the attribute average of 1.28%. Mozambique is ranked 163 out of 164 countries in this category.

Summary

Mozambique has relatively low military expenditure, arms imports, and armed forces personnel compared to the global averages. This signifies a lower level of defense spending and military presence in the country. The low ranking in these categories suggests a focus on other areas of development and possibly limited resources allocated to the military sector, highlighting Mozambique's priorities in its national budget and policy decisions.

Natural Resources

1. Mozambique's forest area covers 367,437.6 sq. km, which is significantly above the global average of 211,606.11 sq. km. This ranks Mozambique 18th out of 191 countries.

2. The land area in Mozambique is 786,380 sq. km, surpassing the average of 665,166.51 sq. km. Mozambique ranks 33rd out of 194 countries in this aspect.

3. With a surface area of 799,380 sq. km, Mozambique exceeds the global average of 689,779.56 sq. km. It shares the 33rd rank out of 194 countries for this attribute.

4. Mozambique's arable land spans 5,650,000 hectares, below the average of 7,329,543.16 hectares. This places Mozambique at 43rd out of 190 countries for arable land.

5. The land under cereal production in Mozambique is 2,928,418 hectares, lower than the global average of 4,206,011.63 hectares. Mozambique ranks 46th out of 174 countries in this aspect.

6. The average precipitation depth in Mozambique is 1,032 mm per year, slightly lower than the average of 1,157.83 mm per year. This puts Mozambique at the 88th position out of 178 countries for precipitation depth.

7. Mozambique's renewable internal freshwater resources total 100.3 billion cubic meters, significantly below the global average of 240.41 billion cubic meters. This aspect ranks Mozambique 58th out of 178 countries.

Summary

Mozambique stands out for its extensive forest area, land area, and surface area, ranking above global averages in each aspect. However, it falls below average in terms of arable land, land under cereal production, precipitation depth, and renewable internal freshwater resources. These statistics are crucial as they highlight Mozambique's potential for forestry and land use, as well as the challenges it may face in agriculture and water resource management.

Resource Rents

Total natural resources rents (% of GDP): Mozambique's value of 11.86% is significantly higher than the average of 4.63%. This places Mozambique at rank 26 out of 175 countries in the dataset.

Coal rents (% of GDP): With a value of 1.81%, Mozambique exceeds the average of 0.40%, ranking at position 3 out of 65 countries.

Forest rents (% of GDP): Mozambique's value of 7.79% is notably above the average of 1.53%, placing the country at rank 10 out of 174 nations.

Oil rents (% of GDP): Mozambique's value of 0.05% is lower than the average of 2.51%, resulting in a ranking of 75 out of 117 countries.

Natural gas rents (% of GDP): At 2.16%, Mozambique surpasses the average of 1.25%, positioning the country at rank 13 out of 96 nations.

Mineral rents (% of GDP): Mozambique's value of 0.04% is below the average of 1.23%, ranking at 63 out of 86 countries.

Summary

Mozambique displays a significant reliance on natural resource rents, with values notably higher than global averages across various sectors such as coal, forest, and natural gas. This indicates the country's strong potential for revenue generation through its abundant natural resources. However, Mozambique's lower ranking in oil and mineral rents suggests untapped potential in these sectors, highlighting areas for potential growth and development.

Commodities

1. Cereal production (metric tons): Mozambique's production of 2,187,422 metric tons is significantly below the average of 17,249,945. Mozambique is ranked 89th out of 174 countries in this category.

2. Aquaculture production (metric tons): Mozambique's production of 3,162 metric tons is well below the average of 679,642. Mozambique ranks 103rd out of 180 countries for aquaculture production.

3. Capture fisheries production (metric tons): Mozambique's production of 394,952.42 metric tons is slightly below the average of 467,453.06. The country ranks 39th out of 190 countries in capture fisheries production.

4. Total fisheries production (metric tons): Mozambique's total fisheries production of 398,114.42 metric tons is below the average of 1,153,914.85. Mozambique is ranked 43rd out of 182 countries for total fisheries production.

5. Fertilizer consumption (kilograms per hectare of arable land): Mozambique's consumption of 11.21 kilograms per hectare is significantly lower than the average of 159.04. The country ranks 156th out of 187 countries in fertilizer consumption per hectare of arable land.

Summary

Mozambique's production levels in key sectors like cereal, aquaculture, and fisheries are notably below global averages, impacting its rankings compared to other countries. Notably, the country's fertilizer consumption per hectare of arable land is significantly lower than the average, ranking Mozambique low in this aspect as well. These indicators suggest a potential lack of agricultural productivity and efficiency in Mozambique, highlighting areas that may require investment and improvement for sustainable economic growth and food security.

Intellectual Property

1. Industrial design applications, nonresident, by count: Mozambique's value of 40 is significantly below the attribute average of 1415.83. With a rank of 89 out of 112 countries, Mozambique demonstrates lower engagement in this area compared to other nations.

2. Industrial design applications, resident, by count: Similarly, Mozambique's value of 40 is far below the attribute average of 9799.58. Ranking 82 out of 113 countries indicates a relatively limited number of industrial design applications compared to the global average.

3. Patent applications, nonresidents: Mozambique's value of 14 falls well below the attribute average of 6538.40. This places Mozambique at rank 94 out of 129 countries, reflecting a lower level of patent activity by nonresidents compared to other nations.

4. Patent applications, residents: With a value of 26, Mozambique's performance is notably lower than the attribute average of 19037.56. Ranked 88 out of 117 countries, Mozambique displays a lower number of patent applications by residents compared to the global average.

5. Trademark applications, nonresident, by count: Mozambique's value of 3424 is significantly below the attribute average of 15878.93. Ranked 85 out of 130 countries, Mozambique shows less trademark activity by nonresidents compared to the global average.

6. Trademark applications, resident, by count: Mozambique's value of 1708 is far lower than the attribute average of 111055.78. Positioned at rank 87 out of 129 countries, Mozambique registers fewer trademark applications by residents compared to the average.

7. Scientific and technical journal articles: Mozambique's value of 173.37 is substantially lesser than the attribute average of 15103.76. With a rank of 122 out of 192 countries, Mozambique publishes fewer scientific and technical journal articles compared to the global average.

Summary

Mozambique shows below-average performance in industrial design applications, patent applications, trademark applications, and scientific/technical journal articles compared to global averages. This indicates a relatively lower level of innovation and intellectual property activity in the country, which could impact its competitiveness, economic growth, and ability to attract foreign investment.

Broad Economy Attributes

Analysis of key economic attributes for Mozambique:

Summary

Despite being rich in natural resources, Mozambique lags behind global averages in key economic indicators. Its GDP, GDP per capita, and GNI per capita are significantly lower than the worldwide averages, reflecting challenges in economic development and income distribution. These statistics highlight the urgent need for policy interventions to boost Mozambique's economic growth, improve living standards, and reduce income inequality within the country.

Broad Value Added

1. Gross value added at basic prices (GVA) (current US$): Mozambique's GVA is $12,687,121,246.67, below the average of $360,070,943,595.12. It ranks 119th out of 176 countries.

2. Agriculture, forestry, and fishing, value added (% of GDP): Mozambique's value added in this sector is 26.88% of its GDP, significantly higher than the average of 10.86%. It ranks 15th out of 182 countries.

3. Agriculture, forestry, and fishing, value added (current US$): Mozambique's value added in this sector is $3,826,762,008.21, below the average of $19,924,732,828.07. It ranks 83rd out of 182 countries.

4. Services, value added (% of GDP): Mozambique's value added in services is 40.49% of its GDP, below the average of 56.72%. It ranks 168th out of 183 countries.

5. Services, value added (current US$): Mozambique's value added in services is $5,763,587,255.45, significantly below the average of $295,837,711,130.69. It ranks 132nd out of 183 countries.

6. Industry (including construction), value added (current US$): Mozambique's value added in this sector is $3,096,771,983.01, below the average of $118,421,095,413.50. It ranks 125th out of 183 countries.

Summary

Mozambique's gross value added at basic prices (GVA) is significantly below the average, ranking 119th globally. However, the country performs exceptionally well in the agriculture, forestry, and fishing sector, with a value added percentage of GDP and value added in current US dollars ranking 15th and 83rd respectively. On the other hand, Mozambique lags behind in services and industry value added indicators, ranking 168th and 125th respectively. These statistics are crucial as they highlight Mozambique's economic structure, emphasizing the dominant role of agriculture in its economy and the areas that require development to enhance overall economic growth and diversification.

Manufacturing Value Added

For Manufacturing, value added (current US$), Mozambique's value is significantly below the attribute average of $76,207,179,589.66. With a value of $1,187,060,557.12, Mozambique ranks 123 out of 173 countries in this category.

Mozambique's Manufacturing, value added (% of GDP) stands at 8.34%, which is lower than the attribute average of 11.90%. This places Mozambique at the 118th position out of 173 countries in this aspect.

In terms of Medium and high-tech manufacturing value added (% manufacturing value added), Mozambique's value of 10.89% is below the attribute average of 24.49%. Mozambique ranks 110 out of 149 countries in this specific category.

Summary

Mozambique's manufacturing sector lags behind the global average, with significantly lower values in manufacturing value added and its contribution to GDP. The country also falls short in high-tech manufacturing value added compared to the global average. These indicators are crucial as they highlight Mozambique's need to further develop its manufacturing sector to enhance economic growth and competitiveness in the global market.

Money

Inflation, consumer prices (annual %): Mozambique's inflation rate of 3.48% is below the average of 8.26%. This places Mozambique at rank 48 out of 165 countries.

Inflation, GDP deflator (annual %): With an inflation rate of 3.17%, Mozambique's performance is below the average of 6.90%. This positions Mozambique at rank 71 out of 188 countries.

Broad money growth (annual %): Mozambique's broad money growth rate stands at 23.28%, exceeding the average of 18.03%. This places Mozambique at rank 18 out of 139 countries.

Broad money (% of GDP): Mozambique's broad money as a percentage of GDP is 59.03%, below the average of 71.75%. This places Mozambique at rank 76 out of 139 countries.

Broad money to total reserves ratio: With a ratio of 2.06, Mozambique is below the average of 5.17. This positions Mozambique at rank 89 out of 126 countries.

Summary

Mozambique demonstrates relatively low inflation rates compared to global averages, positioning well in terms of consumer prices and GDP deflator. However, the country's broad money growth exceeds the average, indicating potential risks in monetary policy. The lower percentage of broad money to GDP and total reserves ratio suggests room for improvement in economic stability and management of financial resources. Monitoring and addressing these indicators are crucial for maintaining sustainable economic growth and stability in Mozambique.

Investment

Foreign direct investment, net (BoP, current US$): Mozambique's net foreign direct investment is significantly below the average of -1615235980.51 USD, ranking 135 out of 169 countries.

Foreign direct investment, net inflows (BoP, current US$): Mozambique's net inflows are below the average of 5749271080.15 USD, placing it at rank 44 out of 182 countries.

Foreign direct investment, net inflows (% of GDP): Mozambique's net inflows as a percentage of GDP are substantially higher than the average of 2.61%, ranking it 6 out of 178 countries.

Foreign direct investment, net outflows (BoP, current US$): Mozambique's net outflows are significantly below the average of 5707991116.07 USD, ranking 63 out of 156 countries.

Foreign direct investment, net outflows (% of GDP): Mozambique's net outflows as a percentage of GDP are slightly above the average of 1.0%, placing it at rank 28 out of 155 countries.

Portfolio Investment, net (BoP, current US$): Mozambique's net portfolio investment is markedly below the average of 679559169.57 USD, ranking 83 out of 159 countries.

Portfolio equity, net inflows (BoP, current US$): Mozambique's net portfolio equity inflows are significantly below the average of 9197145994.70 USD, placing it at rank 50 out of 125 countries.

Summary

Mozambique's foreign direct investment indicators show that the country receives lower net inflows than the global average but has higher net inflows as a percentage of its GDP. However, Mozambique's net outflows, both in absolute terms and as a percentage of GDP, are comparatively lower. Additionally, the country's portfolio investment and equity inflows are below average.

These findings are crucial as they indicate Mozambique's position in attracting foreign investment and managing its capital flows. Understanding these metrics can help policymakers make informed decisions to improve the country's investment climate, promote economic growth, and enhance financial stability.

Debt

Total debt service (% of GNI): Mozambique's total debt service as a percentage of GNI is 9.28%, which is higher than the average of 5.98%. Mozambique ranks 22nd out of 120 countries for this indicator.

Public and publicly guaranteed debt service (% of GNI): Mozambique's debt service on public and publicly guaranteed debt is 4.67% of GNI, above the average of 2.84%. Mozambique also ranks 22nd out of 120 countries.

External debt stocks (% of GNI): Mozambique's external debt stock is 434.52% of GNI, significantly higher than the average of 65.42%. This places Mozambique at the 1st rank out of 120 countries.

Debt service on external debt, total (TDS, current US$): Mozambique's debt service on external debt amounts to 1.25 billion USD. This is lower than the average of 9.81 billion USD. Mozambique ranks 59th out of 123 countries.

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): Mozambique's debt service on public and publicly guaranteed external debt is 631.11 million USD, below the average of 3.31 billion USD. Mozambique ranks 59th out of 123 countries.

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): Mozambique's external debt stocks for public and publicly guaranteed debt amount to 10.55 billion USD, significantly lower than the average of 28.70 billion USD. Mozambique ranks 55th out of 123 countries.

External debt stocks, private nonguaranteed (PNG) (DOD, current US$): Mozambique's external debt stocks for private nonguaranteed debt stands at 45.73 billion USD, higher than the average of 33.73 billion USD. Mozambique is ranked 16th out of 91 countries.

External debt stocks, total (DOD, current US$): Mozambique's total external debt stock is 58.71 billion USD, below the average of 73.85 billion USD. Mozambique ranks 27th out of 123 countries for this metric.

Summary

Mozambique's macroeconomic indicators show that the country has a relatively high total debt service, public debt service, and external debt stocks compared to global averages. Despite ranking high in several debt-related indicators, Mozambique's debt service on external debt and public debt is below the global average, indicating potential financial strain. The high external debt stocks, especially in private nonguaranteed debt, could pose risks to Mozambique's financial stability and long-term economic development.

Broad Trade Attributes

For Merchandise trade (% of GDP), Mozambique's value is 70.66%, which is above the average value of 60.01%. This places Mozambique at rank 46 out of 186 countries included in the data.

Regarding Trade in services (% of GDP), Mozambique's value is 25.01%, slightly above the average of 24.63%. Mozambique is ranked 47 out of 171 countries in this category.

Summary

Mozambique exhibits a strong reliance on merchandise trade, with a percentage of GDP at 70.66%, surpassing the global average of 60.01%. This positions Mozambique at a competitive rank of 46 out of 186 countries in the dataset. Furthermore, in trade in services, Mozambique performs solidly at 25.01% of GDP, slightly higher than the average of 24.63%, placing the country at 47 out of 171 nations. These high trade percentages indicate Mozambique's active participation in global commerce, potentially contributing significantly to its economic growth and development.

Net Trade

Analysis of key macroeconomic attributes for Mozambique:

1. Current account balance (BoP, current US$): Mozambique's current account balance is -3900308366.55, which is significantly below the average of 1443864831.49. With a rank of 148 out of 170 countries, Mozambique's performance in this area is concerning.

2. Current account balance (% of GDP): Mozambique's current account balance as a percentage of GDP is -27.40, much lower than the average of -2.36. Ranked 166 out of 170 countries, Mozambique's reliance on external borrowing or aid is evident.

3. Net trade in goods and services (BoP, current US$): The net trade value for Mozambique is -4291142314.54, significantly below the average of 2604730003.57. Mozambique ranks 137 out of 171 countries in this aspect.

4. Net primary income (BoP, current US$): Mozambique's net primary income is -286719481.33, higher than the average of -903807529.74. With a rank of 76 out of 170 countries, Mozambique seems to be earning more from primary income sources.

5. Net secondary income (BoP, current US$): Mozambique's net secondary income is 677553429.33, much higher than the average of -269227340.40. With a rank of 67 out of 170 countries, Mozambique seems to be receiving higher secondary income.

6. Net trade in goods (BoP, current US$): Mozambique's net trade in goods stands at -2294249610.65, below the average of 1302831005.68. With a rank of 123 out of 171 countries, Mozambique's trade deficit is noticeable.

7. Net capital account (BoP, current US$): Mozambique's net capital account value is 135096832.02, slightly below the average of 136543824.05. Ranked 61 out of 159 countries, Mozambique's capital flow may need monitoring.

8. Net financial account (BoP, current US$): The net financial account for Mozambique is -3761622632.50, significantly lower than the average of -469840994.63. With a rank of 143 out of 170 countries, Mozambique's financial outflows are substantial.

Summary

Mozambique is facing significant challenges in its current account balance, both in absolute terms and in relation to its GDP, indicating a high dependency on external sources of finance. While the country seems to be performing well in terms of net primary and secondary income, the trade deficit and financial outflows raise concerns about the sustainability of its economic situation. Monitoring and addressing these imbalances will be crucial for Mozambique's economic stability and growth.

Broad Export Attributes

- Exports of goods, services and primary income in Mozambique are $4,585,860,459.09, which is significantly below the average of $146,238,908,936.30. Mozambique ranks 119th out of 170 countries in this attribute data.
- Mozambique's exports of goods and services amount to $4,369,833,653.74, also notably below the average of $122,938,540,059.78. The country ranks 117th out of 170 in this aspect.
- Mozambique's goods exports stand at $3,588,450,286.87, once again well under the average of $93,310,581,697.39. This places Mozambique at the 114th position out of 171 countries.
- International tourism receipts, as a percentage of total exports, for Mozambique are 2.59%, below the average of 9.74%. Mozambique holds the 77th rank out of 120 countries for this statistic.
- ICT goods exports account for 0.02% of Mozambique's total goods exports, much lower than the average of 3.81%. Mozambique is ranked 137th out of 142 countries in this metric.

Summary

Mozambique's key macroeconomic indicators show that the country's exports of goods, services, and primary income, as well as goods and services individually, are significantly below the global averages. Additionally, Mozambique's tourism receipts and ICT goods exports are also lagging behind compared to the world averages. These statistics highlight Mozambique's challenges in diversifying its economy, enhancing its competitiveness in the global market, and attracting international tourists. Addressing these issues is crucial for Mozambique's economic growth, job creation, and overall development.

Merchandise Exports

1. Mozambique's Merchandise exports amount to $3,588,000,000, ranking 119th out of 187 countries. This is significantly below the average of $89,542,711,229.95 for this attribute across all countries.

2. Agricultural raw materials exports contribute to 1.07% of Mozambique's merchandise exports. Ranking 77th out of 151 countries, Mozambique's performance is below the average of 2.97%.

3. Food exports represent 17.77% of Mozambique's merchandise exports, placing Mozambique 72nd out of 152 countries. This is lower than the average of 24.06%.

4. Fuel exports account for 38.22% of Mozambique's merchandise exports, ranking 19th out of 147 countries. Mozambique's performance is notably higher than the average of 13.70%.

5. Ores and metals exports make up 36.21% of Mozambique's merchandise exports, placing Mozambique 13th out of 152 countries. This is significantly higher than the average of 9.10%.

6. Mozambique's residual merchandise exports are at 0.20%, ranking 95th out of 166 countries. This value is notably below the average of 3.20% for this attribute.

Summary

Mozambique's merchandise exports are predominantly driven by fuel and ores/metals, with a significant reliance on these sectors compared to agricultural raw materials and food exports. This indicates a heavy concentration on non-agricultural exports, particularly in natural resources. The below-average performance in agricultural-related exports suggests a potential area for diversification to enhance resilience and sustainability in the face of commodity price fluctuations.

Technology Exports

1. Mozambique's Manufactures exports account for only 6.46% of its merchandise exports, which is significantly below the average of 42.62%. With a rank of 135 out of 152 countries, Mozambique faces challenges in diversifying its export base.

2. Mozambique's High-technology exports amount to $2,250,359, much lower than the average of $16,655,934,078.80. Ranked 130 out of 151 countries, Mozambique has limited participation in high-tech exports compared to its peers.

3. High-technology exports contribute to only 0.97% of Mozambique's manufactured exports, far below the average of 10.15%. Ranked 131 out of 150 countries, Mozambique lags in the high-tech export sector.

4. Mozambique's Medium and high-tech exports, at 12.37% of its manufactured exports, are below the average of 34.29%. With a rank of 112 out of 149 countries, Mozambique has room for growth in this sector to enhance its technological capabilities.

Summary

Mozambique struggles with a lack of diversification in its export base, as evidenced by low percentages of manufactured exports, high-technology exports, and medium/high-tech exports compared to global averages. This hinders the country's ability to compete in high-value sectors and limits its technological advancement. Addressing these challenges is crucial for Mozambique to enhance its economic resilience, attract foreign investment, and achieve sustainable long-term growth.

Service Exports

Service exports in Mozambique amount to $781,383,366.87, which is significantly below the average of $28,917,292,503.82, ranking 111 out of 171 countries in the dataset.

ICT service exports in Mozambique stand at $19,833,734.92, well below the average of $4,578,501,153.77, placing Mozambique at rank 122 out of 166 countries.

ICT service exports as a percentage of total service exports in Mozambique is 2.54%, much lower than the average of 11.75%, positioning Mozambique at rank 139 out of 166 countries.

Communications, computer, etc. services as a percentage of service exports in Mozambique is 4.75%, significantly below the average of 45.85%, ranking Mozambique at 167 out of 169 countries.

Transport services contribute significantly to service exports in Mozambique, accounting for 79.49%, well above the average of 21.80%, making Mozambique rank 1 out of 169 countries.

Travel services in Mozambique represent 11.52% of service exports, lower than the average of 26.40%, positioning Mozambique at rank 117 out of 167 countries.

Insurance and financial services in Mozambique constitute 4.24% of service exports, below the average of 6.46%, placing Mozambique at rank 72 out of 161 countries.

Summary

Mozambique's service exports are notably below global averages across various categories such as ICT services, communications services, and travel services. However, the country excels in transport services, contributing significantly more than the global average. This disparity in sectoral composition underscores the need for Mozambique to diversify and enhance its service exports to align more closely with international standards and improve its global competitiveness.

Commercial Service Exports

1. Commercial service exports (current US$): Mozambique's commercial service exports amount to $781,383,366.87, significantly lower than the average of $28,508,218,402.80. Mozambique is ranked 109th out of 171 countries in this attribute.

2. Travel services (% of commercial service exports): Mozambique's travel services account for 11.52% of its commercial service exports, below the average of 27.89%. Mozambique is ranked 119th out of 167 countries in this aspect.

3. Computer, communications and other services (% of commercial service exports): Mozambique's proportion of these services in its commercial exports is 4.75%, much lower than the average of 42.44%. The country ranks 163rd out of 169 countries in this category.

4. Insurance and financial services (% of commercial service exports): Mozambique's insurance and financial services represent 4.24% of its commercial exports, under the average of 6.97%. Mozambique is ranked 76th out of 161 countries in this metric.

5. Transport services (% of commercial service exports): Mozambique's transport services account for 79.49% of its commercial exports, significantly higher than the average of 23.37%. Mozambique holds the 2nd rank out of 169 countries in this attribute.

Summary

Mozambique's key macroeconomic indicators reveal a significant disparity in the composition of its commercial service exports compared to global averages. The country has a strong reliance on transport services, comprising 79.49% of its exports, which is notably higher than the average. Conversely, Mozambique's travel services, computer, communications, and other services, as well as insurance and financial services sectors are all underperforming compared to global standards. These findings are crucial as they highlight Mozambique's strengths and weaknesses in its service export sectors, indicating potential areas for improvement and strategic focus to enhance the country's economic diversification and competitiveness in the global market.

Broad Import Attributes

Analysis for Mozambique:

1. International tourism, expenditures (% of total imports): Mozambique's value of 1.10% is significantly below the average of 3.98%. This places Mozambique at rank 118 out of 131 countries.

2. ICT goods imports (% total goods imports): With a value of 2.58%, Mozambique falls below the average of 6.85%, ranking 128 out of 143 countries.

3. Goods imports (BoP, current US$): Mozambique's import value of $5,882,699,897.51 is notably below the average of $92,007,788,027.17. Mozambique ranks 104 out of 171 countries.

4. Imports of goods and services (BoP, current US$): At $8,660,975,968.28, Mozambique's imports are well below the average of $120,321,577,988.12. The country ranks 102 out of 170.

5. Imports of goods, services and primary income (BoP, current US$): Mozambique's import value of $9,163,722,254.97 is significantly lower than the average of $144,514,428,722.28. This places Mozambique at rank 103 out of 170 countries.

Summary

Mozambique's key macroeconomic indicators reveal a pattern of lower-than-average import values across various categories such as international tourism expenditures, ICT goods imports, and total goods and services imports. These rankings indicate that Mozambique has limited participation in global trade compared to the average for countries worldwide. This could reflect the country's economic structure, trade relationships, and potential areas for development to enhance international trade and economic integration.

Merchandise Imports

Mozambique's merchandise imports amount to $6.47 billion, which is significantly below the average of $89.39 billion, ranking 109th out of 190 countries. The country's focus on manufactures imports is 62.71% of merchandise imports, slightly below the average of 66.76%, ranking 107th out of 152 countries. Mozambique's agricultural raw materials imports as a percentage of merchandise imports stand at 1.38%, slightly above the average of 1.27%, ranking 55th out of 152 countries. Food imports in Mozambique constitute 19.65% of merchandise imports, higher than the average of 15.89%, ranking 42nd out of 152 countries. The country's focus on fuel imports is 14.30% of merchandise imports, higher than the average of 11.38%, ranking 39th out of 152 countries. Mozambique's ores and metals imports represent 1.96% of merchandise imports, below the average of 2.57%, ranking 68th out of 152 countries. Finally, Mozambique's residual merchandise imports account for 0.18% of total merchandise imports, significantly below the average of 2.51%, ranking 111th out of 180 countries.

Summary

Mozambique's merchandise imports are significantly below the global average, with a focus on food and fuel imports. The country's higher-than-average dependence on food imports could indicate challenges in achieving food security, while the reliance on fuel imports suggests potential vulnerability to energy price fluctuations in the global market.

Service Imports

Service imports (BoP, current US$): Mozambique's value for service imports is significantly below the attribute average, ranking 88th out of 171 countries in the dataset.

Communications, computer, etc. (% of service imports, BoP): Mozambique's percentage for this attribute is above the average, ranking 19th out of 169 countries in the dataset.

Transport services (% of service imports, BoP): Mozambique's percentage for transport services is below the average, placing it 131st out of 169 countries in the dataset.

Travel services (% of service imports, BoP): Mozambique's percentage for travel services is notably below the average, ranking 147th out of 169 countries in the dataset.

Insurance and financial services (% of service imports, BoP): Mozambique's percentage for insurance and financial services is above the average, placing it 39th out of 169 countries in the dataset.

Summary

Mozambique's service imports value is notably below the average, mainly driven by lower percentages in transport services and travel services, ranking 131st and 147th respectively out of 169 countries. However, the country shows strength in communications, computer, etc. and insurance and financial services, ranking 19th and 39th respectively. These findings are important as they indicate Mozambique's reliance on certain service sectors for imports, highlighting potential areas for growth and development to balance out its import portfolio and enhance economic diversification.

Commercial Service Imports

Commercial service imports in Mozambique are $2,665,213,808.47, which is significantly lower than the average of $27,102,746,128.60, ranking 88th out of 171 countries. Computer, communications, and other services contribute to 64.59% of Mozambique's commercial service imports, well above the average of 41.71%, placing Mozambique at the 22nd position out of 169 countries. Mozambique's insurance and financial services represent 11.73% of its commercial service imports, higher than the average of 8.85%, ranking 39th out of 169 countries. Transport services only make up 20.30% of Mozambique's commercial service imports, below the average of 34.71%, positioning Mozambique at 130th out of 169 countries. Lastly, travel services account for 3.38% of Mozambique's commercial service imports, which is below the average of 14.73%, ranking Mozambique 147th out of 169 countries.

Summary

Mozambique's commercial service imports are significantly below the global average, with a focus on computer, communications, and other services which make up a substantial portion of its imports. This indicates a heavy reliance on technology-related services for the country's economic development. However, the lower contribution of transport and travel services compared to the global average highlights potential areas for growth and improvement in Mozambique's service sector to enhance overall economic competitiveness and diversification.

Infrastructure

1. Mozambique's air freight transport, with 2.42 million ton-km, is significantly below the average of 1384.37 million ton-km, ranking at 94 out of 126 countries.

2. The country's registered carrier departures, at 6779, are well below the average of 134,365.61 departures worldwide, placing Mozambique at 93 out of 149 countries.

3. Mozambique transported 327,742 passengers, which is far lower than the average of 11,848,242 passengers carried globally. This places Mozambique at a rank of 97 out of 149 countries.

4. With 417,459 TEUs handled, Mozambique's container port traffic is significantly below the average of 6,907,110.27 TEUs, ranking at 86 out of 110 countries.

Summary

Mozambique lags behind global averages in key macroeconomic indicators related to air freight transport, registered carrier departures, passenger transportation, and container port traffic. These statistics suggest challenges in Mozambique's transportation infrastructure and connectivity, impacting its ability to efficiently move goods and people, which is crucial for economic growth and trade integration with the global economy.

Information Technology Infrastructure

• For Secure Internet servers, Mozambique has 918 servers, well below the average of 458,294. Mozambique ranks 116 out of 193 countries in this attribute.

• Mozambique has 29.44 Secure Internet servers per 1 million people, significantly lower than the average of 14,067. Mozambique ranks 161 out of 193 countries in this category.

• Individuals using the Internet make up 16.31% of Mozambique's population, much lower than the average of 64.77%. Mozambique holds the 172nd rank out of 180 countries in this aspect.

• With 70,000 fixed broadband subscriptions, Mozambique is below the average of 6,591,956. Mozambique ranks 131 out of 185 countries for fixed broadband subscriptions.

• Mozambique has 15,463,226 mobile cellular subscriptions, falling short of the average of 42,526,464. This places Mozambique at the 66th rank out of 193 countries for mobile cellular subscriptions.

Summary

Despite showing some improvements, Mozambique still lags behind global averages in key internet and communication indicators. With low numbers of secure internet servers, internet users, and fixed broadband subscriptions per capita, Mozambique's digital infrastructure and connectivity still require significant development to enhance access to information and communication technologies. These indicators are crucial for economic growth, innovation, and participation in the global digital economy, highlighting the importance of investing in improving Mozambique's connectivity and digital capabilities.

Energy Consumption

Regarding Renewable energy consumption (% of total final energy consumption), Mozambique's value is 80.91, significantly above the attribute average of 32.18. This places Mozambique at rank 19 out of 191 countries in the dataset.

As for CO2 emissions (kt), Mozambique emits 6945.5 kt, well below the attribute average of 171895.94. This positions Mozambique at a lower rank of 117 out of 188 countries.

Summary

Mozambique excels in renewable energy consumption, with a percentage well above the global average, positioning it at a high rank globally. However, its CO2 emissions are significantly lower than the average, placing the country at a lower rank compared to others. These indicators are crucial as they showcase Mozambique's commitment to sustainable energy practices and its relatively lower environmental impact compared to many other nations.

Government Balance Sheet

Net acquisition of financial assets (% of GDP): Mozambique's value is slightly above the average, ranking 29th out of 87 countries in the dataset.

Central government debt, total (% of GDP): Mozambique's total debt is notably above the average, ranking 12th out of 61 countries.

Net incurrence of liabilities, total (% of GDP): Mozambique's value is slightly above the average, ranking 41st out of 92 countries.

Total reserves (% of total external debt): Mozambique's reserves are significantly below the average, ranking 99th out of 102 countries.

Reserves and related items (BoP, current US$): Mozambique's value is well below the average, ranking 124th out of 171 countries.

Total reserves minus gold (current US$): Mozambique's total reserves minus gold is substantially below the average, ranking 96th out of 161 countries.

Total reserves (includes gold, current US$): Mozambique's total reserves, including gold, are significantly below the average, ranking 96th out of 161 countries.

Total reserves in months of imports: Mozambique's total reserves in months of imports are below the average, ranking 82nd out of 151 countries.

Summary

Mozambique's key macroeconomic indicators reveal concerning trends: high levels of central government debt, low reserves, and ranking below average in various financial aspects. The country's below-average rankings in total reserves, total reserves minus gold, and total reserves in months of imports indicate a potential vulnerability to external shocks and a limited ability to finance imports or currency stabilization efforts. The high central government debt also signals potential challenges in debt repayment and overall fiscal health. These findings underscore the importance of prudent fiscal management, building up reserves, and implementing measures to reduce debt to ensure economic stability and resilience in the face of external economic pressures.

Government Revenue

Revenue, excluding grants (% of GDP): Mozambique's value of 22.69% is below the average of 27.02%. It ranks 73 out of 122 countries.

Grants and other revenue (% of revenue): Mozambique's value of 18.73% is below the average of 23.54%. It ranks 47 out of 108 countries.

Social contributions (% of revenue): Mozambique's value of 0.24% is significantly below the average of 22.29%. It ranks 79 out of 81 countries.

Taxes on goods and services (% of revenue): Mozambique's value of 30.65% is slightly below the average of 31.82%. It ranks 71 out of 122 countries.

Taxes on international trade (% of revenue): Mozambique's value of 5.76% is slightly below the average of 6.24%. It ranks 37 out of 101 countries.

Other taxes (% of revenue): Mozambique's value of 6.79% is above the average of 2.12%. It ranks 5 out of 106 countries.

Taxes on income, profits and capital gains (% of revenue): Mozambique's value of 37.82% is above the average of 24.66%. It ranks 17 out of 119 countries.

Summary

Mozambique generally performs below average in key revenue indicators compared to other countries. It has particularly low values in social contributions and taxes on goods and services. This suggests a potential reliance on external aid and a room for improving domestic revenue generation which are critical for sustainable economic development.

Taxes

1. Tax revenue (% of GDP): Mozambique's tax revenue accounts for 21.53% of its GDP, which is above the average of 16.72%. Mozambique ranks 30th out of 123 countries in this metric.

2. Customs and other import duties (% of tax revenue): Mozambique's value is 7.11%, below the average of 9.01%. Mozambique ranks 41st out of 99 countries for this attribute.

3. Taxes on income, profits and capital gains (% of total taxes): Mozambique's value of 46.67% is above the average of 38.40%. In this metric, Mozambique ranks 31st out of 120 countries.

4. Tariff rate, applied, weighted mean, all products (%): Mozambique's rate stands at 4.14%, below the average of 5.21%. The country is ranked 70th out of 153 countries in this aspect.

Summary

Mozambique shows a strong performance in tax revenue as a percentage of its GDP, ranking 30th out of 123 countries. However, it has room for improvement in customs and other import duties, as well as taxes on income, profits, and capital gains where it ranks 41st and 31st respectively. Mozambique's relatively low weighted mean tariff rate, ranking 70th out of 153 countries, could potentially positively impact its import-export activities and overall economic competitiveness.

Government Expenses

- Expense (% of GDP): In Mozambique, expenses account for 22.90% of the GDP, which is below the average of 31.69%. This places Mozambique at rank 86 out of 123 countries included in the data.

- Compensation of employees (% of expense): Mozambique allocates 54.94% of its expenses towards employee compensation, significantly higher than the average of 24.70%. This places Mozambique at the top rank out of 123 countries in the dataset.

- Goods and services expense (% of expense): Mozambique spends 17.32% of its expenses on goods and services, slightly above the average of 14.77%. This places Mozambique at rank 38 out of 122 countries.

- Interest payments (% of expense): 12.09% of Mozambique's expenses go towards interest payments, higher than the average of 6.85%. This places Mozambique at rank 21 out of 121 countries.

- Other expense (% of expense): Mozambique allocates only 0.98% of its expenses to other expenses, significantly below the average of 8.29%. This places Mozambique at rank 112 out of 120 countries.

- Subsidies and other transfers (% of expense): Mozambique allocates 14.68% of its expenses to subsidies and transfers, far below the average of 43.29%. This places Mozambique at rank 113 out of 121 countries.

Summary

Mozambique's allocation of expenses as a percentage of GDP is relatively low compared to the average of the countries surveyed, ranking 86th out of 123. However, a significant portion of Mozambique's expenses go towards compensating employees, placing it at the top rank in the dataset. This high employee compensation percentage, coupled with lower allocations towards other expenses like subsidies and transfers, reflects a unique prioritization within Mozambique's budgeting that can impact its economic development and workforce satisfaction.

Top Stats

Ranks in Top Decile For:

Attribute Rank/Total
Population ages 0-14 (% of total population) 14/194
Age dependency ratio (% of working-age population) 16/194
Birth rate, crude (per 1,000 people) 11/192
Fertility rate, total (births per woman) 15/190
Forest area (sq. km) 18/191
Coal rents (% of GDP) 3/65
Forest rents (% of GDP) 10/174
Agriculture, forestry, and fishing, value added (% of GDP) 15/182
Foreign direct investment, net inflows (% of GDP) 6/178
External debt stocks (% of GNI) 1/120
Ores and metals exports (% of merchandise exports) 13/152
Transport services (% of service exports, BoP) 1/169
Transport services (% of commercial service exports) 2/169
Renewable energy consumption (% of total final energy consumption) 19/191
Other taxes (% of revenue) 5/106
Compensation of employees (% of expense) 1/123

Ranks in Bottom Decile For:

Attribute Rank/Total
Population ages 15-64 (% of total population) 179/194
Population ages 65 and above (% of total population) 178/194
Arms imports (SIPRI trend indicator values) 112/113
Armed forces personnel (% of total labor force) 163/164
GDP per capita (current US$) 188/190
GDP per capita, PPP (current international $) 177/181
GNI per capita, PPP (current international $) 177/181
Services, value added (% of GDP) 168/183
Current account balance (% of GDP) 166/170
ICT goods exports (% of total goods exports) 137/142
Communications, computer, etc. (% of service exports, BoP) 167/169
Computer, communications and other services (% of commercial service exports) 163/169
International tourism, expenditures (% of total imports) 118/131
Individuals using the Internet (% of population) 172/180
Total reserves (% of total external debt) 99/102
Social contributions (% of revenue) 79/81
Other expense (% of expense) 112/120
Subsidies and other transfers (% of expense) 113/121