Jamaica vs Mozambique: Economic Indicators Comparison

Jamaica with a GDP of $15.7B ranked the 122nd largest economy in the world, while Mozambique ranked 124th with $14.7B. By GDP 5-years average growth and GDP per capita, Jamaica and Mozambique ranked 153rd vs 35th and 106th vs 192nd, respectively.

Gross Domestic Product & Income

StatJamaicaMozambique
GDP$15.7B$14.7B
GDP growth, 1 year1.4%3.3%
GDP growth, 5-years average1%5%
Population2.9M29.7M
GDP per capita$5.4k$499
GDP per capita growth1.45%0.46%
Purchasing Power Parity conversion factor73.9820.62
Price level ratio of PPP conversion factor GDP to market exchange rate0.570.34
GDP per capita, PPP adjusted$9.4k$1.3k
GNI, Atlas method$14.6B$13.6B
GNI per capita$5k$460
GNI, PPP adjusted$26.1B$42.2B
GNI per capita, PPP adjusted$8.9k$1.4k

Financial system and Human development

StatJamaicaMozambique
Income Tax Rate25%32%
Corporate Tax Rate25%32%
Inflation, consumer prices3.7%3.9%
Inflation, GDP deflator4.8%2.1%
Unemployment9.5%3.2%
Economic Freedom Index68.550.5
Personal Freedom Index7.296.46
Human Freedom Index7.166.14
Property Rights Index62.134.9
Judical Effectiveness Index50.531.7
Business Freedom Index77.755.3
Fiscal Health Index80.240.3
Labor Freedom Index7441.7
Investment Freedom Index8035
Financial Freedom Index5050
Trade Freedom Index68.478
Monetary Freedom Index77.772
Government Spending Index74.869.6
Tax Burden Index8074.1
Government Integrity Index46.823.2
Corruption Perceptions Index4423
Life expectancy at birth, years74.359.3
Suicide mortality rate, per 100,000 people2.24.9
Mortality caused by road traffic injury, per 100,000 people13.630.1
Intentional homicides, per 100,000 people573.4
International tourism, number of arrivals2.5M2.7M

Government debt & reserves

StatJamaicaMozambique
Central government debt, % of GDP99.4%100.4%
External debt stocks, % of GNI108%107.6%
External debt stocks$16.3B$15.2B
Short-term debt, % of total reserves56.4%37.8%
Total debt service, % of exports and primary income20.4%13.1%
Adjusted net savings including particulate emission damage, % of GNI15.9%-13.5%
Gross savings, % of GDP21.3%12.9%
Gross capital formation, % of GDP23.3%49%
Total reserves including gold$3.5B$3.3B
Foreign direct investment net inflows$774.6M$2.7B

Exports, imports and economic structure

StatJamaicaMozambique
Exports of goods and services, % of GDP38%47.8%
Imports of goods and services, % of GDP51.1%84.2%
Current account balance (balance of payments)-$287.6M-$4.5B
Revenue excluding grants, % of GDP29.3%0%
Grants excluding technical cooperation, BoP$96.8M$1.3B
Personal remittances received$2.5B$296.1M
Industry including construction value added, % of GDP20.3%24.3%
Agriculture, forestry and fishing value added, % of GDP6.6%24.5%
Charges for the use of intellectual property, payments BoP$50.8M$2.9M
Charges for the use of intellectual property, receipts BoP$5.3M$122k
Expense, % of GDP26.7%0%
Government Expenditure, % of GDP29%31.8%

Compare with countries close by GDP per capita

Jamaica vs

CountryGDP
per capita
Population
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M

Mozambique vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M