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Economy of Egypt vs Mozambique compared: GDP & Debt

Updated on by Georank team

Egypt has a GDP of $389B compared to $22.4B for Mozambique, ranking 42/197 and 123/197 by economy size, respectively.

Egypt has $354B in government debt (86.6% 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.

Egypt
GDP, current $

GDP, constant 2015 $
Mozambique
GDP, current $

GDP, constant 2015 $
Year GDP
Egypt Mozambique
Current $ Constant $ Current $ Constant $
1960 $4,206,270,352 $20,297,834,751 - -
1961 $4,494,575,611 $21,345,429,172 - -
1962 $4,035,462,027 $22,172,696,194 - -
1963 $4,187,146,232 $24,504,840,916 - -
1964 $4,709,245,762 $27,324,754,469 - -
1965 $4,948,667,540 $28,667,504,460 - -
1966 $5,278,005,612 $30,114,182,469 - -
1967 $5,605,484,299 $30,356,681,178 - -
1968 $5,932,242,991 $29,868,912,347 - -
1969 $6,524,455,206 $31,445,846,805 - -
1970 $8,042,200,452 $33,206,347,268 - -
1971 $8,609,283,346 $34,553,643,779 - -
1972 $9,299,638,056 $35,609,492,777 - -
1973 $10,098,534,613 $36,858,257,211 - -
1974 $9,228,963,225 $37,432,854,799 - -
1975 $11,632,178,869 $40,779,032,775 - -
1976 $13,315,988,083 $46,194,361,686 - -
1977 $14,400,806,876 $50,353,260,517 - -
1978 $14,811,704,063 $54,698,126,369 - -
1979 $18,020,571,429 $57,185,627,389 - -
1980 $21,669,908,176 $62,910,668,709 - $2,851,825,334
1981 $22,136,081,081 $67,533,693,106 - $2,994,416,685
1982 $27,655,172,414 $74,224,371,655 - $2,787,801,951
1983 $30,966,239,814 $78,005,663,121 - $2,350,116,988
1984 $33,971,188,992 $85,607,909,951 - $2,197,359,386
1985 $39,053,502,251 $90,565,897,014 - $2,219,332,908
1986 $41,253,507,951 $94,862,819,135 - $2,168,288,339
1987 $40,455,616,654 $98,498,676,314 - $2,487,026,735
1988 $34,980,124,929 $103,878,004,711 - $2,690,962,807
1989 $39,756,299,050 $108,989,704,832 - $2,865,875,512
1990 $42,978,914,311 $115,166,183,183 - $2,894,534,062
1991 $37,387,836,491 $116,462,268,700 $3,854,856,435 $3,037,102,926
1992 $41,855,986,519 $121,671,461,982 $2,798,696,511 $2,806,992,351
1993 $46,578,631,453 $125,200,896,557 $2,883,161,897 $3,114,089,525
1994 $51,897,983,393 $130,175,343,748 $2,958,108,170 $3,314,642,611
1995 $60,159,245,060 $136,218,680,414 $3,061,646,174 $3,385,008,954
1996 $67,629,716,981 $143,014,263,359 $4,030,146,135 $3,747,066,498
1997 $78,436,578,171 $150,869,114,036 $4,873,663,775 $4,189,780,379
1998 $84,828,807,556 $159,280,817,658 $5,551,118,149 $4,624,228,448
1999 $90,710,704,807 $168,922,784,451 $6,285,219,691 $5,170,672,900
2000 $99,838,543,960 $179,683,172,290 $5,930,685,215 $5,210,292,404
2001 $96,684,636,119 $186,035,425,185 $5,650,154,067 $5,879,902,616
2002 $85,146,067,416 $190,482,051,407 $5,950,769,427 $6,448,401,314
2003 $80,288,461,538 $196,565,009,502 $6,583,526,861 $6,913,827,632
2004 $78,782,467,532 $204,608,590,453 $7,937,255,565 $7,481,086,790
2005 $89,660,339,660 $213,758,163,786 $8,868,504,900 $7,953,294,767
2006 $107,426,086,957 $228,387,426,641 $9,509,835,537 $8,741,520,167
2007 $130,437,828,371 $244,575,133,306 $10,811,456,006 $9,410,189,984
2008 $162,818,181,818 $262,077,623,377 $12,920,340,965 $10,057,425,621
2009 $189,147,005,445 $274,326,082,658 $12,263,894,790 $10,653,727,557
2010 $218,983,666,062 $288,446,290,408 $11,411,894,724 $11,365,367,724
2011 $235,989,672,978 $293,536,132,737 $14,619,279,989 $12,176,179,698
2012 $279,116,666,667 $300,070,833,533 $16,688,114,144 $13,149,604,768
2013 $288,434,108,527 $306,628,779,736 $17,198,073,057 $14,013,719,723
2014 $305,595,408,895 $315,569,804,752 $17,978,246,586 $15,093,136,077
2015 $329,366,576,819 $329,366,576,819 $16,208,985,770 $16,208,985,770
2016 $332,441,717,791 $343,682,967,576 $12,069,051,237 $16,970,320,250
2017 $248,362,771,739 $358,053,111,989 $13,264,640,646 $17,418,032,490
2018 $262,588,632,527 $377,141,312,303 $15,017,358,953 $18,025,039,082
2019 $318,678,815,490 $398,080,548,973 $15,512,759,047 $18,442,825,952
2020 $383,817,841,547 $412,213,064,649 $14,235,420,174 $18,217,911,540
2021 $424,671,765,456 $425,777,537,422 $16,168,055,475 $18,651,030,678
2022 $476,747,720,365 $453,827,104,225 $18,883,528,581 $19,465,045,725
2023 $395,926,075,163 $470,892,276,432 $20,954,220,984 $20,523,332,839
2024 $389,059,911,004 $482,189,779,213 $22,416,650,343 $20,903,378,791

Economic indicators

Egypt Mozambique
Gross domestic product
$389B
2024
$22.4B
2024
GDP rank
42/197
2024
123/197
2024
GDP growth
-1.73%
2023-2024
6.98%
2023-2024
GDP per capita
$3,338
2024
$647
2024
GDP per capita rank
137/197
2024
190/197
2024
GDP per capita, PPP
$19,094
2024
$1,700
2024
Government debt
$354B
2024
$21.7B
2024
Debt-to-GDP ratio
86.6%
2025
101.1%
2025
Government debt per person
$3,036
2024
$625
2024
Government debt per person rank
99/185
2024
158/185
2024
Average annual personal income after taxes
$1,826
2025
$2,107
2025
Market capitalization of domestic companies
$42.6B
2024
n/a
Number of billionaires
5
2025
n/a
Income share by richest 10%
24.6%
2021
40.8%
2022
Income share by poorest 10%
4.2%
2021
1.7%
2022
Government expenditure, % of GDP
28.9%
2025
32.2%
2025
Consumer prices inflation
28.3%
2023-2024
4.9%
2024-2025
Central bank interest rate
22%
2025
10.3%
2025
Unemployment rate
6.75%
2023
6.79%
2022
Population
119759833
36441519

GDP per capita in Egypt vs Mozambique

Egypt's GDP per capita is $3,338, ranking 137/197, compared to $647 in Mozambique, ranking 190/197. Adjusted for purchasing power (GDP per capita PPP), Egypt ranks 97th at $19,094, while Mozambique ranks 193rd at $1,700.

Egypt
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
Year Current $
Egypt Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $156.4 - - -
1961 $162.8 - - -
1962 $142.4 - - -
1963 $143.9 - - -
1964 $157.7 - - -
1965 $161.6 - - -
1966 $168.1 - - -
1967 $174.1 - - -
1968 $179.8 - - -
1969 $193 - - -
1970 $232.3 - - -
1971 $243 - - -
1972 $256.5 - - -
1973 $272.2 - - -
1974 $243.1 - - -
1975 $299.2 - - -
1976 $335 - - -
1977 $353 - - -
1978 $355 - - -
1979 $421 - - -
1980 $493 - - -
1981 $490 - - -
1982 $596 - - -
1983 $648 - - -
1984 $690 - - -
1985 $770 - - -
1986 $790 - - -
1987 $754 - - -
1988 $634 - - -
1989 $701 - - -
1990 $736 $3,566 - $296
1991 $623 $3,627 $288.7 $315
1992 $681 $3,784 $205.6 $292
1993 $740 $3,895 $205.2 $321
1994 $807 $4,048 $196.8 $326
1995 $916 $4,235 $191.8 $321
1996 $1,009 $4,434 $244.4 $350
1997 $1,146 $4,661 $287.5 $387
1998 $1,213 $4,869 $320 $422
1999 $1,268 $5,121 $354 $468
2000 $1,366 $5,452 $327 $472
2001 $1,295 $5,650 $305 $533
2002 $1,117 $5,753 $314 $580
2003 $1,031 $5,928 $339 $620
2004 $991 $6,207 $400 $673
2005 $1,106 $6,554 $437 $721
2006 $1,299 $7,079 $457 $798
2007 $1,548 $7,641 $508 $862
2008 $1,896 $8,191 $592 $916
2009 $2,162 $8,465 $548 $951
2010 $2,455 $8,838 $496 $1,000
2011 $2,591 $8,988 $618 $1,064
2012 $2,996 $10,342 $686 $1,076
2013 $3,026 $10,511 $687 $1,114
2014 $3,133 $10,256 $697 $1,166
2015 $3,307 $10,903 $611 $1,318
2016 $3,271 $10,666 $441 $1,379
2017 $2,395 $11,125 $471 $1,283
2018 $2,485 $12,329 $518 $1,326
2019 $2,963 $13,364 $519 $1,389
2020 $3,511 $15,232 $462 $1,412
2021 $3,827 $15,579 $510 $1,457
2022 $4,233 $17,527 $578 $1,582
2023 $3,457 $18,525 $623 $1,678
2024 $3,338 $19,094 $647 $1,700

Spending and national debt comparison

In 2024, Egypt's government spending was $89.2B, accounting for 28.9% of its GDP, while Mozambique's spent $7.59B, or 32.2% of GDP.

Debt-to-GDP ratio is 86.6% in Egypt and 101.1% in Mozambique, ranking 36/185 and 21/185, respectively.

Egypt
Government spending

Government debt
Mozambique
Government spending

Government debt
Year % of GDP
Egypt 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 - 73.8% 14.9% -
1999 26.3% 72.4% 15.6% 94.7%
2000 26% 71.7% 17.2% 95.8%
2001 27.9% 79.1% 20.8% 99.8%
2002 30.9% 85.8% 18.6% 63.4%
2003 30.6% 97.1% 18.6% 63.2%
2004 30.1% 96.5% 17.8% 50.8%
2005 30.3% 98.3% 17% 60.1%
2006 34.5% 85.9% 20.1% 40%
2007 31.3% 76.3% 20.9% 31.2%
2008 32.7% 66.8% 21.3% 32.8%
2009 32.5% 69.5% 25.7% 39.3%
2010 31.4% 69.6% 26.6% 38.6%
2011 30.5% 72.8% 28.9% 34.2%
2012 29.2% 69.9% 28.1% 36.7%
2013 32.9% 79.8% 31.7% 49.5%
2014 33.9% 80.9% 39.7% 63.4%
2015 31.3% 83.8% 32.2% 86%
2016 31% 91.6% 28.7% 124.8%
2017 30.6% 97.8% 28.6% 103.8%
2018 28.6% 87.9% 31.2% 105.5%
2019 26.9% 80.1% 28% 98.3%
2020 25.7% 86.2% 33.9% 120%
2021 25.5% 89.9% 32.1% 104.3%
2022 24.9% 88.5% 32.9% 100.3%
2023 22.7% 95.9% 33.3% 90.8%
2024 22.9% 90.9% 33.9% 96.6%
2025 28.9% 86.6% 32.2% 101.1%

Government deficit by year

In 2024, Egypt's government deficit, the difference between spending and revenue, was -$27.7B, equivalent to -7.12% of GDP. This compares to Mozambique's deficit of -$1.43B, or -6.38% of GDP.

Over the past 26 years, Egypt recorded a fiscal deficit in 24 of those years, while Mozambique ran a deficit in 25 years. On average, Egypt posted an annual deficit equal to -6.86% of GDP, compared to deficit of -3.73% of GDP for Mozambique.

Deficit/surplus
Egypt

Mozambique
Year Deficit/surplus, % of GDP
Egypt 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 2.14% -0.31%
2000 1.32% -1.26%
2001 -1.07% -4.43%
2002 -6.77% -3.36%
2003 -5.73% -2.64%
2004 -5.76% -3.17%
2005 -6.69% -2.06%
2006 -7.35% -3.03%
2007 -4.9% -2.19%
2008 -6.05% -1.9%
2009 -6.2% -4.35%
2010 -7.45% -3.4%
2011 -9.6% -4.34%
2012 -9.47% -3.45%
2013 -12.3% -2.46%
2014 -10.7% -9.75%
2015 -10.4% -6.55%
2016 -11.8% -5.06%
2017 -9.9% -1.99%
2018 -8.97% -5.7%
2019 -7.6% 1.7%
2020 -7.47% -6.19%
2021 -6.96% -5.23%
2022 -5.74% -5.22%
2023 -5.77% -4.23%
2024 -7.12% -6.38%
2025 -12.1% -5.58%

Inflation comparison by year

Over the past 29 years, Egypt has recorded an average annual inflation rate of 10.5%, compared with 9.7% in Mozambique. In 2024, inflation was 28.3% in Egypt and 4.9% in Mozambique.

Inflation
Egypt

Mozambique
Year Inflation
Egypt Mozambique Egypt Mozambique
1996 7.19% 48.5%
1997 4.63% 7.4%
1998 3.87% 1.5%
1999 3.08% 2.9%
2000 2.68% 12.7%
2001 2.27% 9.1%
2002 2.74% 16.8%
2003 4.51% 13.5%
2004 11.3% 12.6%
2005 4.87% 6.4%
2006 7.64% 13.2%
2007 9.32% 10.4%
2008 18.3% 14.5%
2009 11.8% 3.8%
2010 11.3% 12.4%
2011 10.1% 11.2%
2012 7.11% 2.6%
2013 9.47% 4.3%
2014 10.1% 2.6%
2015 10.4% 3.6%
2016 13.8% 18.4%
2017 29.5% 15.8%
2018 14.4% 3.2%
2019 9.15% 5.7%
2020 5.04% 0.9%
2021 5.21% 6.6%
2022 13.9% 10.4%
2023 33.9% 7%
2024 28.3% 3.2%
2025 - 4.9%

Top exports between countries

Egypt
Export category Export value
Metals $1.51M
Processed food, beverages & tobacco $1.39M
Chemicals & pharma $1.03M
Raw materials & minerals $973K
Machinery & equipment $428K
Textiles & consumer goods $319K
Wood & paper products $243K
Raw agricultural goods $239K
Animal & marine products $84K
Miscellaneous $37K
Mozambique
Export category Export value
Processed food, beverages & tobacco $8.38M
Raw agricultural goods $1.38M
Machinery & equipment $27K
Textiles & consumer goods $13K
Precious metals & jewellery $5K
Chemicals & pharma $1K
Wood & paper products $1K

Balance of trade

Egypt Mozambique
Current account balance
-$22.3B
2024
-$2.49B
2024
Current account balance ranking
183/189
2024
148/189
2024
Current account balance, % of GDP
-5.72%
2024
-11.1%
2024
Goods imports
$72.9B
2024
$8.38B
2024
Goods exports
$34.8B
2024
$8.21B
2024
Service imports
$27.5B
2024
$2.11B
2024
Service exports
$29.6B
2024
$1.15B
2024
Imports of goods and services, % of GDP
23.2%
2024
52.9%
2024
Exports of goods and services, % of GDP
16.4%
2024
42.7%
2024

Economic freedom indices

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

Egypt Mozambique
Economic freedom 50.9 50.7
Economic freedom ranking 158/197 163/197
Property rights 40.6 31.6
Government integrity 29.6 24.9
Judicial effectiveness 21.9 44.9
Tax burden 85.8 75.4
Government spending 82.2 68.8
Fiscal health 20.7 51.9
Business freedom 48 37.3
Labor freedom 43.6 47.7
Monetary freedom 62.6 72.3
Trade freedom 60.2 74
Investment freedom 65 40
Financial freedom 50 40

Economic freedom by year comparison

The Economic Freedom Index for Egypt is 50.9, ranking 158/197, compared to 50.7 for Mozambique, ranking 163/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Egypt
Mozambique
Year Economic freedom index
Egypt Mozambique
1995 45.7 45.5
1996 52 48.4
1997 54.5 44
1998 55.8 43
1999 58 48.9
2000 51.7 52.2
2001 51.5 59.2
2002 54.1 57.7
2003 55.3 58.6
2004 55.5 57.2
2005 55.8 54.6
2006 53.2 51.9
2007 54.4 54.7
2008 58.5 55.4
2009 58 55.7
2010 59 56
2011 59.1 56.8
2012 57.9 57.1
2013 54.8 55
2014 52.9 55
2015 55.2 54.8
2016 56 53.2
2017 52.6 49.9
2018 53.4 46.3
2019 52.5 48.6
2020 54 50.5
2021 55.7 51.6
2022 49.1 51.3
2023 49.6 52.5
2024 49.7 50.7
2025 50.9 50.7

More economic indicators

Egypt Mozambique
Services, % of GDP
48.9%
2024
38.4%
2024
Industry, % of GDP
32.6%
2024
24.6%
2024
Agriculture, forestry, and fishing, % of GDP
13.7%
2024
26.3%
2024
GNI, Atlas method
$409B
2024
$18.9B
2024
GNI per capita, PPP
$18,230
2024
$1,510
2024
Total reserves including gold
$44.9B
2024
$3.84B
2024
Total reserves ranking
44/177
2024
108/177
2024
Net foreign direct investment
-$46.1B
2024
-$3.55B
2024
Net inflows of foreign direct investment
$46.6B
2024
$3.51B
2024
Net outflows of foreign direct investment
$508M
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI
5.65%
2023
22.7%
2023
Poverty at national poverty lines
33.5%
2021
65%
2022
Gross capital formation, % of GDP
13%
2024
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.