Mozambique recorded a capital and financial account deficit of 171.50 USD Million in the fourth quarter of 2019. Capital Flows in Mozambique averaged -353.78 USD Million from 1996 until 2019, reaching an all time high of 2700.70 USD Million in the third quarter of 2006 and a record low of -1980.20 USD Million in the fourth quarter of 2012. This page provides - Mozambique Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Mozambique increased to 15969 MZN Million in the fourth quarter of 2019 from 8483 MZN Million in the third quarter of 2019. GDP From Manufacturing in Mozambique averaged 9880.60 MZN Million from 2008 until 2019, reaching an all time high of 16401 MZN Million in the fourth quarter of 2018 and a record low of 7674 MZN Million in the first quarter of 2012. This page provides - Mozambique Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Mozambique decreased to 10974 MZN Million in the fourth quarter of 2019 from 13183 MZN Million in the third quarter of 2019. GDP From Public Administration in Mozambique averaged 6104.94 MZN Million from 2008 until 2019, reaching an all time high of 13809 MZN Million in the second quarter of 2019 and a record low of 2875 MZN Million in the fourth quarter of 2008. This page provides - Mozambique Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Mozambique was last recorded at 1180.37 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Mozambique, when adjusted by Purchasing Power Parity is equivalent to 7 percent of the world's average. GDP per capita PPP in Mozambique averaged 747.67 USD from 1990 until 2018, reaching an all time high of 1180.37 USD in 2018 and a record low of 361.09 USD in 1992. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Mozambique GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Mozambique expanded 2 percent in the fourth quarter of 2018 over the previous quarter. GDP Growth Rate in Mozambique averaged 1.48 percent from 2007 until 2018, reaching an all time high of 7.70 percent in the fourth quarter of 2007 and a record low of -3 percent in the second quarter of 2013. The most important sector of Mozambican economy is services and accounts for 49 percent of total GDP, of which wholesale and retail trade, repair of motor vehicles (12 percent); education (8 percent) and transport (7 percent). Industry constitutes 27 percent with mining and quarrying representing 11 percent as the country has large mineral deposits (marble, bentonite, coal, gold, bauxite, granite and gemstones) with aluminum being the most important exported product. Manufacturing accounts for 10 percent and construction for 3 percent. Agriculture, hunting, forestry and fishing creates 24 percent of the wealth with prawns, cotton, cashew nuts, sugar, citrus, copra, coconuts, and timber being the most important crops. On the expenditure side, household consumption is the main component of GDP and accounts for 67 percent of its total use, followed by government expenditure (26 percent) and gross fixed capital formation (25 percent). Exports of goods and services account for 41 percent of GDP while imports account for 73 percent, subtracting 32 percent of total GDP. This page provides the latest reported value for - Mozambique GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Producer Prices in Mozambique increased to 276.70 points in December from 269.60 points in November of 2019. Producer Prices in Mozambique averaged 158.73 points from 2011 until 2019, reaching an all time high of 276.70 points in December of 2019 and a record low of 90.80 points in June of 2012. This page provides - Mozambique Producer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mozambique recorded a trade deficit of 624.80 USD Million in the fourth quarter of 2019. Balance of Trade in Mozambique averaged -405.67 USD Million from 1980 until 2019, reaching an all time high of 78.60 USD Million in the third quarter of 2017 and a record low of -1506.40 USD Million in the fourth quarter of 2012. Mozambique exports mainly aluminum, electric energy, tobacco, natural gas, sugar and prawns. Mozambique imports machinery and equipment, vehicles, fuel, chemicals, metal products and foodstuffs. Mozambique main trading partners are South Africa, Netherlands, Portugal and China. This page provides the latest reported value for - Mozambique Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate For Companies in Mozambique stands at 4 percent. In Mozambique, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Mozambique because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Mozambique Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Mozambique was estimated at 28.6 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Mozambique had a population of 7.2 million people. The population of Mozambique represents 0.35 percent of the world´s total population which arguably means that one person in every 291 people on the planet is a resident of Mozambique. This page provides the latest reported value for - Mozambique Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mozambique is ranked 138 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Mozambique deteriorated to 138 in 2019 from 135 in 2018. Ease of Doing Business in Mozambique averaged 136.42 from 2008 until 2019, reaching an all time high of 142 in 2012 and a record low of 128 in 2014. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Mozambique.

Terrorism Index in Mozambique increased to 5.54 in 2018 from 4.58 in 2017. Terrorism Index in Mozambique averaged 1.97 from 2002 until 2018, reaching an all time high of 5.54 in 2018 and a record low of 0 in 2005. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Living Wage Individual in Mozambique remained unchanged at 7790 MZN/Month in 2018 from 7790 MZN/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. This page provides - Mozambique Living Wage Individual- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Leading Economic Index Mozambique increased 0.90 percent in November of 2019 over the same month in the previous year. Leading Economic Index in Mozambique averaged 0.80 percent from 2013 until 2019, reaching an all time high of 17.70 percent in June of 2019 and a record low of -15.80 percent in January of 2017. The Economic Activity Index in Mozambique measures the month-over-month change in the business volume of the economy. It refers to total invoicing excluding VAT of different sectors including industry, utilities, trade, transportation, tourism and other services. This page provides - Mozambique Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Mozambique decreased to 27046 MZN Million in the fourth quarter of 2019 from 36097 MZN Million in the third quarter of 2019. GDP From Agriculture in Mozambique averaged 24497.02 MZN Million from 2008 until 2019, reaching an all time high of 43905 MZN Million in the second quarter of 2018 and a record low of 15144 MZN Million in the fourth quarter of 2016. This page provides - Mozambique Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Mozambique decreased to 3603 USD Million in January from 3664 USD Million in December of 2019. Foreign Exchange Reserves in Mozambique averaged 2243.55 USD Million from 2002 until 2020, reaching an all time high of 3664 USD Million in December of 2019 and a record low of 625 USD Million in December of 2002. In Mozambique, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Mozambique Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mozambique is the 137 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Mozambique averaged 131.23 from 2007 until 2019, reaching an all time high of 138 in 2013 and a record low of 119 in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Mozambique Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Composite Pmi in Mozambique decreased to 52 in June from 52.30 in May of 2019. Composite Pmi in Mozambique is reported by Markit Economics. The Standard Bank Mozambique PMI™ is compiled by IHS Markit from responses to questionnaires sent to purchasing managers in a panel of around 400 private sector companies. The panel is stratified by detailed sector and company workforce size, based on contributions to GDP. The sectors covered by the survey include agriculture, mining, manufacturing, construction, wholesale, retail and services. Survey responses are collected in the second half of each month and indicate the direction of change compared to the previous month. A diffusion index is calculated for each survey variable. The index is the sum of the percentage of ‘higher’ responses and half the percentage of ‘unchanged’ responses. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The indices are then seasonally adjusted. The headline figure is the Purchasing Managers’ Index™ (PMI). The PMI is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. This page provides - Mozambique Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Mozambique increased to 7.22 percent in February from 7.07 percent in January of 2020. Deposit Interest Rate in Mozambique averaged 13.71 percent from 1994 until 2020, reaching an all time high of 42.40 percent in July of 1994 and a record low of 6.97 percent in July of 2005. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Mozambique.

The Sales Tax Rate in Mozambique stands at 17 percent. In Mozambique, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Mozambique. This page provides - Mozambique Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Mozambique stands at 7 percent. In Mozambique, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Mozambique because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Mozambique Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mozambique recorded a Current Account deficit of 184.70 USD Million in the fourth quarter of 2019. Current Account in Mozambique averaged -552.91 USD Million from 1980 until 2019, reaching an all time high of 209.20 USD Million in the fourth quarter of 2002 and a record low of -2213.60 USD Million in the fourth quarter of 2012. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Mozambique Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Lending Rate in Mozambique remained unchanged at 18 percent in February from 18 percent in January of 2020. Lending Rate in Mozambique averaged 19.77 percent from 2001 until 2020, reaching an all time high of 29.75 percent in October of 2002 and a record low of 14.23 percent in September of 2015. This page provides - Mozambique Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mozambique recorded a Current Account deficit of 54.20 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Mozambique averaged -17.88 percent from 1980 until 2019, reaching an all time high of -5 percent in 1997 and a record low of -54.20 percent in 2019. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Mozambique Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Mozambique increased 4.40 percent in January of 2020 over the same month in the previous year. Retail Sales Yoy in Mozambique averaged 6.57 percent from 2013 until 2020, reaching an all time high of 58.70 percent in November of 2018 and a record low of -23.90 percent in November of 2019. This page provides - Mozambique Retail Sales YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Mozambique decreased 19 percent in January of 2020 over the previous month. Retail Sales Mom in Mozambique averaged 0.87 percent from 2012 until 2020, reaching an all time high of 40.40 percent in November of 2018 and a record low of -25.10 percent in January of 2017. This page provides - Mozambique Retail Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Mozambique was last recorded at 11.25 percent. Interest Rate in Mozambique averaged 13.26 percent from 2009 until 2020, reaching an all time high of 23.25 percent in October of 2016 and a record low of 7.50 percent in November of 2014. In Mozambique, interest rates decisions are taken by the Monetary Policy Committee of the Central Bank of Mozambique (Banco de Moçambique). The official interest rate is the interbank money market rate (taxa do mercado interbancário moçambicano, MIMO). It was first introduced on April 10th 2017 and replaced the standing lending facility rate (taxa de juro da facilidade permanente de cedência). This page provides - Mozambique Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Violence surges as sector faces headwinds from oil price crash and coronavirus 

Efforts will be focused in the districts of Ato-Molocue, Ile, and Gurue, where circumcision is uncommon, according to health authorities in the central province of Zambezia.

Seven Russian mercenaries were killed in two separate attacks claimed by ISIS in Mozambique last month, including four who were ambushed, shot and then beheaded.

High Commision of India, Maputo
Avenida Kenneth Kaunda No. 167,
PO Box 4751, Maputo, Mozambique.
[*Con. acc. as HC of India to Kingdom of Swaziland (Mbabane)].

Telephone: 00-258-21492437, 21490717
Fax: 00-258-21492364
E-Mail: hicomind@tvcabo.co.mz (General), hc.maputo@mea.gov.in (HC), hoc.maputo@mea.gov.in (HOC)
Website: www.hicomind-maputo.org

High Commissioner*
Dr. Ashok K. Amrohi
Second Secretary
Shri Surender Nangia

Two pieces of plane debris found in Mozambique have been brought to Australia, where experts will determine whether they are from the missing Malaysia Airlines Flight 370 that disappeared mysteriously over two years ago over the Indian Ocean.

Hayden Library - RA644.A25 R436 2018

Dewey Library - HC890.G47 2018