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Economy of Afghanistan vs Mozambique compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $22.4B for Mozambique, ranking 137/197 and 123/197 by economy size, respectively.

Afghanistan has $1.42B in government debt (8.25% of GDP), compared to $21.7B (101.1% of GDP) in Mozambique.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Afghanistan
GDP, current $

GDP, constant 2015 $
Mozambique
GDP, current $

GDP, constant 2015 $
Year GDP
Afghanistan Mozambique
Current $ Constant $ Current $ Constant $
1980 - - - $2,851,825,334
1981 - - - $2,994,416,685
1982 - - - $2,787,801,951
1983 - - - $2,350,116,988
1984 - - - $2,197,359,386
1985 - - - $2,219,332,908
1986 - - - $2,168,288,339
1987 - - - $2,487,026,735
1988 - - - $2,690,962,807
1989 - - - $2,865,875,512
1990 - - - $2,894,534,062
1991 - - $3,854,856,435 $3,037,102,926
1992 - - $2,798,696,511 $2,806,992,351
1993 - - $2,883,161,897 $3,114,089,525
1994 - - $2,958,108,170 $3,314,642,611
1995 - - $3,061,646,174 $3,385,008,954
1996 - - $4,030,146,135 $3,747,066,498
1997 - - $4,873,663,775 $4,189,780,379
1998 - - $5,551,118,149 $4,624,228,448
1999 - - $6,285,219,691 $5,170,672,900
2000 $3,521,418,060 $6,206,547,590 $5,930,685,215 $5,210,292,404
2001 $2,813,571,754 $5,621,147,631 $5,650,154,067 $5,879,902,616
2002 $3,825,701,439 $7,228,795,919 $5,950,769,427 $6,448,401,314
2003 $4,520,946,819 $7,867,263,256 $6,583,526,861 $6,913,827,632
2004 $5,224,896,719 $7,978,515,642 $7,937,255,565 $7,481,086,790
2005 $6,203,256,539 $8,874,480,196 $8,868,504,900 $7,953,294,767
2006 $6,971,758,282 $9,349,921,886 $9,509,835,537 $8,741,520,167
2007 $9,747,886,187 $10,642,671,963 $10,811,456,006 $9,410,189,984
2008 $10,109,297,048 $11,060,395,116 $12,920,340,965 $10,057,425,621
2009 $12,416,152,732 $13,426,272,073 $12,263,894,790 $10,653,727,557
2010 $15,856,668,556 $15,354,612,542 $11,411,894,724 $11,365,367,724
2011 $17,805,098,206 $15,420,077,666 $14,619,279,989 $12,176,179,698
2012 $19,907,329,778 $17,386,490,239 $16,688,114,144 $13,149,604,768
2013 $20,146,416,758 $18,360,263,163 $17,198,073,057 $14,013,719,723
2014 $20,497,128,556 $18,860,496,494 $17,978,246,586 $15,093,136,077
2015 $19,134,221,645 $19,134,221,645 $16,208,985,770 $16,208,985,770
2016 $18,116,572,395 $19,566,715,174 $12,069,051,237 $16,970,320,250
2017 $18,753,456,498 $20,084,646,751 $13,264,640,646 $17,418,032,490
2018 $18,053,222,687 $20,323,499,020 $15,017,358,953 $18,025,039,082
2019 $18,799,444,490 $21,118,473,702 $15,512,759,047 $18,442,825,952
2020 $19,955,929,052 $20,621,957,125 $14,235,420,174 $18,217,911,540
2021 $14,259,995,441 $16,345,202,563 $16,168,055,475 $18,651,030,678
2022 $14,497,243,872 $15,325,233,810 $18,883,528,581 $19,465,045,725
2023 $17,152,234,637 $15,672,648,238 $20,954,220,984 $20,523,332,839
2024 - - $22,416,650,343 $20,903,378,791

Economic indicators

Afghanistan Mozambique
Gross domestic product
$17.2B
2023
$22.4B
2024
GDP rank
137/197
2023
123/197
2024
GDP growth
18.3%
2022-2023
6.98%
2023-2024
GDP per capita
$414
2023
$647
2024
GDP per capita rank
196/197
2023
190/197
2024
GDP per capita, PPP
$2,202
2023
$1,700
2024
Government debt
$1.42B
2023
$21.7B
2024
Debt-to-GDP ratio
8.25%
2023
101.1%
2025
Government debt per person
$34.2
2023
$625
2024
Government debt per person rank
185/185
2023
158/185
2024
Average annual personal income after taxes
$1,632
2025
$2,107
2025
Income share by richest 10% n/a
40.8%
2022
Income share by poorest 10% n/a
1.7%
2022
Government expenditure, % of GDP
17%
2023
32.2%
2025
Consumer prices inflation
-4.3%
2023-2024
4.9%
2024-2025
Central bank interest rate
6%
2021
10.3%
2025
Unemployment rate
5.68%
2021
6.79%
2022
Population
44810409
36441519

GDP per capita in Afghanistan vs Mozambique

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $647 in Mozambique, ranking 190/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Mozambique ranks 193rd at $1,700.

Afghanistan
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
Year Current $
Afghanistan Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1990 - - - $296
1991 - - $288.7 $315
1992 - - $205.6 $292
1993 - - $205.2 $321
1994 - - $196.8 $326
1995 - - $191.8 $321
1996 - - $244.4 $350
1997 - - $287.5 $387
1998 - - $320 $422
1999 - - $354 $468
2000 $174.9 $814 $327 $472
2001 $138.7 $748 $305 $533
2002 $179 $927 $314 $580
2003 $198.9 $967 $339 $620
2004 $221.8 $972 $400 $673
2005 $254.2 $1,076 $437 $721
2006 $274.2 $1,122 $457 $798
2007 $376 $1,287 $508 $862
2008 $382 $1,334 $592 $916
2009 $452 $1,571 $548 $951
2010 $561 $1,766 $496 $1,000
2011 $607 $1,744 $618 $1,064
2012 $651 $1,988 $686 $1,076
2013 $637 $2,133 $687 $1,114
2014 $625 $2,224 $697 $1,166
2015 $566 $2,284 $611 $1,318
2016 $522 $2,213 $441 $1,379
2017 $525 $2,336 $471 $1,283
2018 $491 $2,432 $518 $1,326
2019 $497 $2,583 $519 $1,389
2020 $511 $2,562 $462 $1,412
2021 $356 $2,144 $510 $1,457
2022 $357 $2,123 $578 $1,582
2023 $414 $2,202 $623 $1,678
2024 - - $647 $1,700

Spending and national debt comparison

In 2024, Afghanistan's government spending was $2.91B, accounting for 17% of its GDP, while Mozambique's spent $7.59B, or 32.2% of GDP.

Debt-to-GDP ratio is 8.25% in Afghanistan and 101.1% in Mozambique, ranking 181/185 and 21/185, respectively.

Afghanistan
Government spending

Government debt
Mozambique
Government spending

Government debt
Year % of GDP
Afghanistan Mozambique
Government spending Government debt Government spending Government debt
1980 - - 14.2% -
1981 - - 23.8% -
1982 - - 27% -
1983 - - 35.3% -
1984 - - 30.9% -
1985 - - 21% -
1986 - - 24.2% -
1987 - - 22.9% -
1988 - - 27% -
1989 - - 27% -
1990 - - 21% -
1991 - - 17.3% -
1992 - - 21.1% -
1993 - - 20.7% -
1994 - - 22.9% -
1995 - - 18.8% -
1996 - - 14.9% -
1997 - - 16.5% -
1998 - - 14.9% -
1999 - - 15.6% 94.7%
2000 - - 17.2% 95.8%
2001 - - 20.8% 99.8%
2002 6.94% 346% 18.6% 63.4%
2003 11.9% 270.6% 18.6% 63.2%
2004 15.1% 245% 17.8% 50.8%
2005 15.7% 206.4% 17% 60.1%
2006 18.3% 23% 20.1% 40%
2007 21.4% 20.1% 20.9% 31.2%
2008 20.9% 19.1% 21.3% 32.8%
2009 21.2% 16.2% 25.7% 39.3%
2010 20.8% 7.7% 26.6% 38.6%
2011 21.9% 7.5% 28.9% 34.2%
2012 25% 6.76% 28.1% 36.7%
2013 25% 6.9% 31.7% 49.5%
2014 25.4% 8.7% 39.7% 63.4%
2015 25.9% 9.15% 32.2% 86%
2016 28% 8.44% 28.7% 124.8%
2017 27.7% 8% 28.6% 103.8%
2018 28.9% 7.38% 31.2% 105.5%
2019 28% 6.14% 28% 98.3%
2020 27.9% 7.33% 33.9% 120%
2021 17.9% 11.1% 32.1% 104.3%
2022 16.1% 10.6% 32.9% 100.3%
2023 17% 8.25% 33.3% 90.8%
2024 - - 33.9% 96.6%
2025 - - 32.2% 101.1%

Government deficit by year

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was -$234M, equivalent to -1.36% of GDP. This compares to Mozambique's deficit of -$887M, or -4.23% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Mozambique ran a deficit in 21 years. On average, Afghanistan posted an annual deficit equal to -0.97% of GDP, compared to deficit of -3.84% of GDP for Mozambique.

Deficit/surplus
Afghanistan

Mozambique
Year Deficit/surplus, % of GDP
Afghanistan Mozambique
1980 - -1.47%
1981 - -7.41%
1982 - -3.61%
1983 - -15.8%
1984 - -13.4%
1985 - -9.69%
1986 - -12.1%
1987 - -7.24%
1988 - -6.47%
1989 - -4.23%
1990 - -4.42%
1991 - -2.01%
1992 - -1.85%
1993 - -2.53%
1994 - -4%
1995 - -2.46%
1996 - -2.07%
1997 - -1.81%
1998 - -1.08%
1999 - -0.31%
2000 - -1.26%
2001 - -4.43%
2002 -0.1% -3.36%
2003 -2.1% -2.64%
2004 -2.39% -3.17%
2005 -0.92% -2.06%
2006 0.68% -3.03%
2007 -2.46% -2.19%
2008 -3.86% -1.9%
2009 -1.76% -4.35%
2010 0.93% -3.4%
2011 -0.67% -4.34%
2012 0.18% -3.45%
2013 -0.63% -2.46%
2014 -1.72% -9.75%
2015 -1.38% -6.55%
2016 0.13% -5.06%
2017 -0.67% -1.99%
2018 1.63% -5.7%
2019 -1.06% 1.7%
2020 -2.24% -6.19%
2021 -0.48% -5.23%
2022 -1% -5.22%
2023 -1.36% -4.23%
2024 - -6.38%
2025 - -5.58%

Inflation comparison by year

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 8.29% in Mozambique. In 2024, inflation was -4.3% in Afghanistan and 4.9% in Mozambique.

Inflation
Afghanistan

Mozambique
Year Inflation
Afghanistan Mozambique Afghanistan Mozambique
1996 - 48.5%
1997 - 7.4%
1998 - 1.5%
1999 - 2.9%
2000 - 12.7%
2001 - 9.1%
2002 - 16.8%
2003 35.7% 13.5%
2004 16.4% 12.6%
2005 10.6% 6.4%
2006 6.8% 13.2%
2007 8.7% 10.4%
2008 26.4% 14.5%
2009 -6.8% 3.8%
2010 2.2% 12.4%
2011 11.8% 11.2%
2012 6.4% 2.6%
2013 7.4% 4.3%
2014 4.7% 2.6%
2015 -0.7% 3.6%
2016 4.4% 18.4%
2017 5% 15.8%
2018 0.6% 3.2%
2019 2.3% 5.7%
2020 5.6% 0.9%
2021 7.8% 6.6%
2022 10.6% 10.4%
2023 -7.7% 7%
2024 -4.3% 3.2%
2025 - 4.9%

Top exports between countries

Afghanistan
Export category Export value
Mozambique
Export category Export value
Machinery & equipment $107K
Textiles & consumer goods $73K
Processed food, beverages & tobacco $22K
Chemicals & pharma $8K
Raw agricultural goods $7K
Metals $1K
Wood & paper products $1K

Balance of trade

Afghanistan Mozambique
Current account balance
-$3.14B
2020
-$2.49B
2024
Current account balance ranking
157/189
2020
148/189
2024
Current account balance, % of GDP
-15.7%
2020
-11.1%
2024
Goods imports
$5.88B
2020
$8.38B
2024
Goods exports
$777M
2020
$8.21B
2024
Service imports
$1.11B
2020
$2.11B
2024
Service exports
$700M
2020
$1.15B
2024
Imports of goods and services, % of GDP
50.7%
2023
52.9%
2024
Exports of goods and services, % of GDP
16.9%
2023
42.7%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Mozambique
Economic freedom 53 50.7
Economic freedom ranking 142/197 163/197
Property rights 7.4 31.6
Government integrity 14.1 24.9
Judicial effectiveness 2.7 44.9
Tax burden 91.1 75.4
Government spending 76.1 68.8
Fiscal health 99.9 51.9
Business freedom 34.6 37.3
Labor freedom 45.1 47.7
Monetary freedom 80.8 72.3
Trade freedom 68.6 74
Investment freedom 10 40
Financial freedom 10 40

Economic freedom by year comparison

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 50.7 for Mozambique, ranking 163/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Afghanistan
Mozambique
Year Economic freedom index
Afghanistan Mozambique
1995 - 45.5
1996 - 48.4
1997 - 44
1998 - 43
1999 - 48.9
2000 - 52.2
2001 - 59.2
2002 - 57.7
2003 - 58.6
2004 - 57.2
2005 - 54.6
2006 - 51.9
2007 - 54.7
2008 - 55.4
2009 - 55.7
2010 - 56
2011 - 56.8
2012 - 57.1
2013 - 55
2014 - 55
2015 - 54.8
2016 - 53.2
2017 48.9 49.9
2018 51.3 46.3
2019 51.5 48.6
2020 54.7 50.5
2021 53 51.6
2022 - 51.3
2023 - 52.5
2024 - 50.7
2025 - 50.7

More economic indicators

Afghanistan Mozambique
Services, % of GDP
46.4%
2023
38.4%
2024
Industry, % of GDP
13.4%
2023
24.6%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
26.3%
2024
GNI, Atlas method
$15.5B
2023
$18.9B
2024
GNI per capita, PPP
$2,210
2023
$1,510
2024
Total reserves including gold
$9.75B
2020
$3.84B
2024
Total reserves ranking
78/177
2020
108/177
2024
Net foreign direct investment
$24.3M
2020
-$3.55B
2024
Net inflows of foreign direct investment
$20.6M
2021
$3.51B
2024
Net outflows of foreign direct investment
$30.8M
2021
-$44.1M
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
22.7%
2023
Poverty at national poverty lines
47.1%
2019
65%
2022
Gross capital formation, % of GDP
15.3%
2023
24.1%
2024

GDP per capita map

GDP per capita

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Economy comparisons

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.