Imports$4.029 billion (2011 est.)
Exports$2.649 billion (2011 est.)
Inflation rate (consumer prices)10.4% (2011 est.)
Unemployment rate21% (1997 est.)
GDP - per capita (PPP)$1,100 (2011 est.)
National product real growth rate8.3% (2010 est.)
Internet users613,600 (2009)
Telephones - mobile cellular7.224 million (2009)
Population growth rate2.442% (2012 est.)
Population23,515,934 (July 2012 est.)
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....
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....
The Economist Intelligence Unit
NCAIS: 0 SIC: 0
This report contains detailed forecasts and analysis for Mozambique, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...
The ongoing debt scandals have led to further downgrades of the country's sovereign debt rating, now to RD by Fitch. Growth is weighted down by poor weather conditions, depressed commodity prices and fiscal ...