Mozambique

Mozambique : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$4.029 billion (2011 est.)
$3.512 billion (2010 est.)

Exports

$2.649 billion (2011 est.)
$2.333 billion (2010 est.)

Inflation rate (consumer prices)

10.4% (2011 est.)
13% (2010 est.)

Unemployment rate

21% (1997 est.)

GDP - per capita (PPP)

$1,100 (2011 est.)
$1,000 (2010 est.)
$1,000 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

8.3% (2010 est.)
6.3% (2009 est.)
6.8% (2008 est.)

Internet users

613,600 (2009)

Telephones - mobile cellular

7.224 million (2009)

Population growth rate

2.442% (2012 est.)

Population

23,515,934 (July 2012 est.)
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected; the 1997 Mozambican census reported a population of 16,099,246

Historical background

Almost five centuries as a Portuguese colony came to a close with independence in 1975.

Large-scale emigration, economic dependence on South Africa, a severe drought, and a prolonged civil war hindered the country's development until the mid 1990s.

The ruling Front for the Liberation of Mozambique (Frelimo) party formally abandoned Marxism in 1989, and a new constitution the following year provided for multiparty elections and a free market economy.

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Mozambique

Economic overview

At independence in 1975, Mozambique was one of the world's poorest countries.

Socialist mismanagement and a brutal civil war from 1977-92 exacerbated the situation.

In 1987, the government embarked on a series of macroeconomic reforms designed to stabilize the economy.

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The Economist Intelligence Unit

Country Risk Service Mozambique November 2014 Updater

Country Risk Service Mozambique November 2014 Updater

  • $ 520
  • Country report
  • November 2014
  • by The Economist Intelligence Unit

NCAIS: 0 SIC: 0

  • Countries : Mozambique

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