Makhuwa 26.1, Portuguese, Tsonga 8.6, Nyanja 8.1, Sena 7.1, Lomwe 7.1, Chuwabo 4.7, Ndau 3.8, Tswa 3.8, other Mozambican languages 11.8
Economic Overview
Key economic indicators for Mozambique
GDP:
$50.844 billion
GDP per Capita:
$1,500
GDP Growth:
5.44%
Inflation:
7.13%
Unemployment:
3.54%
Public Debt:
76.64% of GDP
Credit Rating:
CCC+ (2019)
Political System
Governance structure of Mozambique
Government Type:
presidential republic
Head of State:
President Daniel Francisco CHAPO (since 15 January 2025)
Head of Government:
Prime Minister Maria Benvinda Delfina LEVI (since 17 January 2025)
Judiciary:
Supreme Court (consists of the court president, vice president, and 5 judges); Constitutional Council (consists of 7 judges); note - the Higher Council of the Judiciary Magistracy is responsible for judiciary management and discipline
Administrative Divisions:
10 provinces (provincias, singular - provincia), 1 city (cidade)*; Cabo Delgado, Gaza, Inhambane, Manica, Maputo, Cidade de Maputo*, Nampula, Niassa, Sofala, Tete, Zambezia
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
EU Member:
No
Diplomatic Presence:
1525 New Hampshire Avenue NW, Washington, DC 20036
Major Alliances and Organizations
AU
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
25.9% (2023 est.)
Industry
21.3% (2023 est.)
Services
40.8% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$9.289 billion
Imports:
$11.18 billion
Major Trading Partners
India 18
China 13
South Africa 9
UAE 6
Thailand 4
Economic Outlook
Mozambique has a 5.44% GDP growth rate with 7.13% inflation. The economy is characterized by a strong agriculture sector.