Skip to content

Economy of Kuwait vs Mozambique compared: GDP & Debt

Updated on by Georank

Kuwait has a GDP of $157B compared to $22.3B for Mozambique, ranking 59/197 and 127/197 by economy size, respectively.

Kuwait has $22.9B in government debt (14.6% of GDP), compared to $22.9B (102.5% of GDP) in Mozambique.

Kuwait vs Mozambique GDP by year

Kuwait
Mozambique
1x
Year GDP, current $
Kuwait Mozambique
2025 $157,209,026,926 $22,337,997,046
2024 $160,903,106,639 $22,752,244,245
2023 $165,462,656,227 $20,927,498,317
2022 $183,502,046,694 $18,884,232,599
2021 $148,350,671,489 $16,168,055,475
2020 $111,045,470,606 $14,235,420,174
2019 $140,856,394,861 $15,512,759,047
2018 $138,646,316,351 $15,017,358,953
2017 $120,687,539,806 $13,264,640,646
2016 $109,406,674,125 $12,069,051,237
2015 $114,585,555,689 $16,208,985,770
2014 $162,650,450,685 $17,978,246,586
2013 $174,168,116,535 $17,198,073,057
2012 $174,047,662,680 $16,688,114,144
2011 $154,039,231,246 $14,619,279,989
2010 $115,416,245,242 $11,411,894,724
2009 $105,968,691,905 $12,263,894,790
2008 $147,379,737,230 $12,920,340,965
2007 $114,634,043,362 $10,811,456,006
2006 $101,557,330,723 $9,509,835,537
2005 $80,798,630,137 $8,868,504,900
2004 $59,439,090,601 $7,937,255,565
2003 $47,874,582,232 $6,583,526,861
2002 $38,135,788,414 $5,950,769,427
2001 $34,889,559,870 $5,650,154,067
2000 $37,718,743,480 $5,930,685,215
1999 $30,122,365,849 $6,285,219,691
1998 $25,943,705,784 $5,551,118,149
1997 $30,350,190,704 $4,873,663,775
1996 $31,492,373,309 $4,030,146,135
1995 $27,186,980,647 $3,061,646,174
1994 $24,848,483,838 $2,958,108,170
1993 $23,941,391,391 $2,883,161,897
1992 $19,858,555,215 $2,798,696,511
1991 $11,009,993,703 $3,854,856,435
1990 $18,427,777,778 -
1989 $24,313,855,653 -
1988 $20,690,322,153 -
1987 $22,368,704,134 -
1986 $17,903,989,745 -
1985 $21,445,970,614 -
1984 $21,700,082,753 -
1983 $20,871,081,080 -
1982 $21,577,153,356 -
1981 $25,058,020,338 -
1980 $28,638,868,356 -
1979 $24,749,063,922 -
1978 $15,503,557,496 -
1977 $14,137,406,741 -
1976 $13,132,252,802 -
1975 $12,022,811,621 -
1974 $13,006,948,296 -
1973 $5,408,804,607 -
1972 $4,450,537,925 -
1971 $3,880,392,195 -
1970 $2,873,638,851 -
1969 $2,769,198,892 -
1968 $2,662,798,935 -
1967 $2,441,599,023 -
1966 $2,391,199,044 -
1965 $2,097,199,161 -
1964 $2,071,668,533 -
1963 $1,900,895,857 -
1962 $1,828,107,503 -

Data sources: World Bank | Economy & Growth (1962–2025, retrieved 2026-07-08).

GeoRank.org/economy/kuwait/mozambique | CC BY

GDP per capita in Kuwait vs Mozambique by year

Kuwait
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kuwait Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,312 - $627 -
2024 $32,856 $52,444 $657 $1,705
2023 $34,092 $53,025 $622 $1,678
2022 $39,982 $55,043 $578 $1,582
2021 $34,019 $50,652 $510 $1,457
2020 $25,236 $41,462 $462 $1,412
2019 $31,708 $50,703 $519 $1,389
2018 $32,068 $51,371 $518 $1,326
2017 $29,048 $46,566 $471 $1,283
2016 $27,324 $41,862 $441 $1,379
2015 $29,882 $45,267 $611 $1,318
2014 $44,369 $68,337 $697 $1,166
2013 $49,651 $76,813 $687 $1,114
2012 $52,155 $82,090 $686 $1,076
2011 $49,170 $79,037 $618 $1,064
2010 $39,212 $75,184 $496 $1,000
2009 $37,907 $80,110 $548 $951
2008 $55,585 $90,337 $592 $916
2007 $45,709 $91,435 $508 $862
2006 $42,947 $89,075 $457 $798
2005 $36,123 $84,968 $437 $721
2004 $27,552 $77,227 $400 $673
2003 $22,691 $69,752 $339 $620
2002 $18,513 $59,713 $314 $580
2001 $17,374 $58,553 $305 $533
2000 $19,296 $58,703 $327 $472
1999 $15,854 $56,406 $354 $468
1998 $14,067 $58,344 $320 $422
1997 $16,977 $57,420 $287.5 $387
1996 $18,201 $56,913 $244.4 $350
1995 $16,168 $57,163 $191.8 $321
1994 $14,930 $53,946 $196.8 $326
1993 $14,318 $48,482 $205.2 $321
1992 $12,146 $36,149 $205.6 $292
1991 $8,147 $23,390 $288.7 $315
1990 $10,938 $30,763 - $296
1989 $10,965 - - -
1988 $9,692 - - -
1987 $10,896 - - -
1986 $9,077 - - -
1985 $11,322 - - -
1984 $11,919 - - -
1983 $11,965 - - -
1982 $12,979 - - -
1981 $15,825 - - -
1980 $19,032 - - -
1979 $17,386 - - -
1978 $11,567 - - -
1977 $11,238 - - -
1976 $11,141 - - -
1975 $10,882 - - -
1974 $12,527 - - -
1973 $5,532 - - -
1972 $4,836 - - -
1971 $4,486 - - -
1970 $3,552 - - -
1969 $3,695 - - -
1968 $3,872 - - -
1967 $3,887 - - -
1966 $4,176 - - -
1965 $4,024 - - -
1964 $4,379 - - -
1963 $4,445 - - -
1962 $4,748 - - -

Data sources: World Bank | Economy & Growth (1962–2025, retrieved 2026-07-08).

GeoRank.org/economy/kuwait/mozambique | CC BY

Kuwait's GDP per capita is $32,312, ranking 41/197, compared to $627 in Mozambique, ranking 193/197. Adjusted for purchasing power (GDP per capita PPP), Kuwait ranks 40th at $52,444, while Mozambique ranks 192nd at $1,705.

Economic indicators

Kuwait Mozambique
Gross domestic product
$157B
2025
$22.3B
2025
GDP rank
59/197
2025
127/197
2025
GDP growth
2.73%
2024-2025
-0.52%
2024-2025
GDP per capita
$32,312
2025
$627
2025
GDP per capita rank
41/197
2025
193/197
2025
GDP per capita, PPP
$52,444
2024
$1,705
2024
GDP per capita PPP rank
40/197
2024
192/197
2024
Government debt
$22.9B
2025
$22.9B
2025
Debt-to-GDP ratio
14.6%
2025
102.5%
2025
Government debt per person
$4,714
2025
$643
2025
Government debt per person rank
87/185
2025
158/185
2025
Average annual personal income after taxes
$24,940
2026
$1,324
2026
Market capitalization of domestic companies
$172B
2025
n/a
Income share by richest 10% n/a
40.8%
2022
Income share by poorest 10% n/a
1.7%
2022
Government expenditure, % of GDP
50.1%
2025
30.3%
2025
Consumer prices inflation
2.36%
2024-2025
4.4%
2024-2025
Central bank interest rate
3.5%
2025
9.25%
2026
Unemployment rate
2.16%
2016
6.79%
2022
Population
4981316
37173146

Spending and national debt comparison by year

Kuwait
Spending

Debt
Mozambique
Spending

Debt
1x
Year % of GDP
Kuwait Mozambique
Government spending Government debt Government spending Government debt
2025 50.1% 14.6% 30.3% 102.5%
2024 48% 2.91% 33.3% 91.4%
2023 48.3% 3.13% 33.3% 90.8%
2022 39.6% 2.95% 32.9% 100.4%
2021 48.3% 7.2% 32.1% 104.3%
2020 62.9% 10.2% 33.9% 120%
2019 50.2% 10.5% 28% 98.3%
2018 51% 14.3% 31.2% 105.5%
2017 51.9% 19.6% 28.6% 103.8%
2016 54% 9.88% 28.7% 124.8%
2015 55.3% 4.6% 32.2% 86%
2014 45% 3.43% 39.7% 63.4%
2013 38.4% 3.09% 31.7% 49.5%
2012 38.1% 3.6% 28.1% 36.7%
2011 39.6% 4.64% 28.9% 34.2%
2010 45.4% 6.16% 26.6% 38.6%
2009 42.8% 6.65% 25.7% 39.3%
2008 40.8% 5.38% 21.3% 32.8%
2007 30.4% 7.05% 20.9% 31.2%
2006 32.2% 7.79% 20.1% 40%
2005 28.7% 10.2% 17% 60.1%
2004 35.2% 13.9% 17.8% 50.8%
2003 38% 17.2% 18.6% 63.2%
2002 42.5% 21.3% 18.6% 63.4%
2001 41.2% 23% 20.8% 99.8%
2000 29.7% 21.4% 17.2% 95.8%
1999 44.3% 25.5% 15.6% 94.7%
1998 51.4% 25.6% 14.9% -
1997 43.5% 24.3% 16.5% -
1996 42.5% 26.5% 14.9% -
1995 51.7% 34.9% 18.8% -
1994 57.5% 37.7% 22.9% -
1993 58% 28.8% 20.7% -
1992 77.4% 27.9% 21.1% -
1991 208.1% 45.3% 17.3% -
1990 122.4% - 21% -
1989 - - 27% -
1988 - - 27% -
1987 - - 22.9% -
1986 - - 24.2% -
1985 - - 21% -
1984 - - 30.9% -
1983 - - 35.3% -
1982 - - 27% -
1981 - - 23.8% -
1980 - - 14.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-07-08).

GeoRank.org/economy/kuwait/mozambique | CC BY

In 2025, Kuwait's government spending was $78.8B, accounting for 50.1% of its GDP, while Mozambique spent $6.76B, or 30.3% of GDP.

Debt-to-GDP ratio is 14.6% in Kuwait and 102.5% in Mozambique, ranking 177/185 and 21/185, respectively.

Government deficit by year

Deficit/surplus
Kuwait

Mozambique
1x
Year Deficit/surplus, % of GDP
Kuwait Mozambique
2025 28.4% -3.97%
2024 26% -6.23%
2023 28.2% -4.26%
2022 30% -5.22%
2021 9.99% -5.23%
2020 0.16% -6.19%
2019 13% 1.7%
2018 17.6% -5.7%
2017 15.3% -1.99%
2016 12.8% -5.06%
2015 16.3% -6.55%
2014 29.8% -9.75%
2013 40.4% -2.46%
2012 40.5% -3.45%
2011 38.6% -4.34%
2010 31.7% -3.4%
2009 31.1% -4.35%
2008 21.2% -1.9%
2007 36.9% -2.19%
2006 27.8% -3.03%
2005 38.8% -2.06%
2004 32.3% -3.17%
2003 27% -2.64%
2002 30.9% -3.36%
2001 44.9% -4.43%
2000 52.3% -1.26%
1999 28% -0.31%
1998 19.4% -1.08%
1997 29.4% -1.81%
1996 24.2% -2.07%
1995 11.7% -2.46%
1994 1.71% -4%
1993 -3.2% -2.53%
1992 -28% -1.85%
1991 -144.5% -2.01%
1990 -49.9% -4.42%
1989 - -4.23%
1988 - -6.47%
1987 - -7.24%
1986 - -12.1%
1985 - -9.69%
1984 - -13.4%
1983 - -15.8%
1982 - -3.61%
1981 - -7.41%
1980 - -1.47%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-07-08).

GeoRank.org/economy/kuwait/mozambique | CC BY

In 2025, Kuwait's government surplus, the difference between spending and revenue, was $44.6B, equivalent to 28.4% of GDP. This compares to Mozambique's deficit of $886M, or 3.97% of GDP.

Over the past 35 years, Kuwait recorded a fiscal deficit in 3 of those years, while Mozambique ran a deficit in 34 years. On average, Kuwait posted an annual surplus equal to 18.9% of GDP, compared to deficit of 3.39% of GDP for Mozambique.

Inflation comparison by year

Inflation
Kuwait

Mozambique
1x
Year Consumer prices inflation
Kuwait Mozambique
2025 2.36% 4.4%
2024 2.9% 3.2%
2023 3.64% 7%
2022 3.98% 10.4%
2021 3.42% 6.6%
2020 2.1% 0.9%
2019 1.09% 5.7%
2018 0.54% 3.2%
2017 2.17% 15.8%
2016 3.2% 18.4%
2015 3.27% 3.6%
2014 2.91% 2.6%
2013 2.68% 4.3%
2012 3.26% 2.6%
2011 4.84% 11.2%
2010 4.5% 12.4%
2009 4.61% 3.8%
2008 10.6% 14.5%
2007 5.48% 10.4%
2006 3.06% 13.2%
2005 4.14% 6.4%
2004 1.25% 12.6%
2003 0.96% 13.5%
2002 0.89% 16.8%
2001 1.3% 9.1%
2000 1.81% 12.7%
1999 2.99% 2.9%
1998 0.13% 1.5%
1997 0.68% 7.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/kuwait/mozambique | CC BY

Over the past 29 years, Kuwait has recorded an average annual inflation rate of 2.92%, compared with 8.18% in Mozambique. In 2025, inflation was 2.36% in Kuwait and 4.4% in Mozambique.

Top exports between countries

Kuwait
Export category Export value
Raw materials & minerals $366K
Textiles & consumer goods $105K
Miscellaneous $83K
Chemicals & pharma $35K
Metals $15K
Machinery & equipment $12K
Wood & paper products $8K
Processed food, beverages & tobacco $3K
Animal & marine products $1K
Mozambique
Export category Export value
Raw materials & minerals $8.06M
Raw agricultural goods $37K
Machinery & equipment $10K
Metals $4K
Animal & marine products $1K
Textiles & consumer goods $1K

Balance of trade

Kuwait Mozambique
Current account balance
$35.7B
2025
-$2.49B
2024
Current account balance ranking
16/190
2025
148/190
2024
Current account balance, % of GDP
+22.7%
2025
-11%
2024
Goods imports
$37.5B
2025
$8.38B
2024
Goods exports
$70.7B
2025
$8.21B
2024
Service imports
$29.6B
2025
$2.11B
2024
Service exports
$12.7B
2025
$1.15B
2024
Imports of goods and services, % of GDP
38.2%
2024
55.7%
2025
Exports of goods and services, % of GDP
55.8%
2024
41.4%
2025

Economic freedom indices

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

Kuwait Mozambique
Economic freedom 59.9 49.6
Economic freedom ranking 100/197 164/197
Property rights 42 29.7
Government integrity 47.9 25.1
Judicial effectiveness 43.4 43.4
Tax burden 97.7 75.8
Government spending 36.2 67
Fiscal health 99.9 39.1
Business freedom 57.4 40.2
Labor freedom 49.2 47.7
Monetary freedom 68.7 76.2
Trade freedom 75.8 71.2
Investment freedom 50 40
Financial freedom 50 40

Economic freedom comparison by year

Kuwait
Mozambique
1x
Year Economic freedom index
Kuwait Mozambique
2026 59.9 49.6
2025 59.9 50.7
2024 58.5 50.7
2023 56.7 52.5
2022 58.3 51.3
2021 64.1 51.6
2020 63.2 50.5
2019 60.8 48.6
2018 62.2 46.3
2017 65.1 49.9
2016 62.7 53.2
2015 62.5 54.8
2014 62.3 55
2013 63.1 55
2012 62.5 57.1
2011 64.9 56.8
2010 67.7 56
2009 65.6 55.7
2008 68.1 55.4
2007 66.4 54.7
2006 66.5 51.9
2005 64.6 54.6
2004 63.6 57.2
2003 66.7 58.6
2002 65.4 57.7
2001 68.2 59.2
2000 69.7 52.2
1999 69.5 48.9
1998 66.3 43
1997 64.8 44
1996 66.1 48.4
1995 - 45.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/kuwait/mozambique | CC BY

The Economic Freedom Index for Kuwait is 59.9, ranking 100/197, compared to 49.6 for Mozambique, ranking 164/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kuwait Mozambique
Services, % of GDP
59.6%
2025
42%
2025
Industry, % of GDP
54.1%
2025
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
0.53%
2025
25.6%
2025
GNI, Atlas method
$201B
2024
$20.4B
2025
GNI per capita, PPP
$64,040
2024
$1,540
2025
Total reserves including gold
$51.7B
2025
$3.84B
2024
Total reserves ranking
47/177
2025
112/177
2024
Net foreign direct investment
$2.58B
2025
-$3.55B
2024
Net inflows of foreign direct investment
$615M
2024
$3.51B
2024
Net outflows of foreign direct investment
$10.3B
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI n/a
22.4%
2024
Poverty at national poverty lines n/a
65%
2022
Gross capital formation, % of GDP
15.1%
2024
24.2%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/kuwait/mozambique | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1962–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-07-08)
  6. TradeMap (2021–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.