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Economy of Malaysia vs Mozambique compared: GDP & Debt

Updated on by Georank team

Malaysia has a GDP of $422B compared to $22.7B for Mozambique, ranking 38/197 and 123/197 by economy size, respectively.

Malaysia has $296B in government debt (70.1% of GDP), compared to $21.2B (93.2% of GDP) in Mozambique.

Malaysia vs Mozambique GDP by year

Malaysia
Mozambique
1x
Year GDP, current $
Malaysia Mozambique
2024 $422,227,005,429 $22,745,341,305
2023 $399,949,418,753 $20,921,079,533
2022 $407,830,525,990 $18,883,528,581
2021 $373,784,553,030 $16,168,055,475
2020 $337,456,163,961 $14,235,420,174
2019 $365,177,721,022 $15,512,759,047
2018 $358,788,845,713 $15,017,358,953
2017 $319,109,094,160 $13,264,640,646
2016 $301,256,033,870 $12,069,051,237
2015 $301,355,266,965 $16,208,985,770
2014 $338,066,095,097 $17,978,246,586
2013 $323,276,235,524 $17,198,073,057
2012 $314,443,047,642 $16,688,114,144
2011 $297,951,668,675 $14,619,279,989
2010 $255,017,638,456 $11,411,894,724
2009 $202,257,453,037 $12,263,894,790
2008 $230,811,614,370 $12,920,340,965
2007 $193,549,569,478 $10,811,456,006
2006 $162,692,258,307 $9,509,835,537
2005 $143,534,405,819 $8,868,504,900
2004 $124,749,473,684 $7,937,255,565
2003 $110,202,368,421 $6,583,526,861
2002 $100,845,526,316 $5,950,769,427
2001 $92,783,947,368 $5,650,154,067
2000 $93,789,736,842 $5,930,685,215
1999 $79,148,421,053 $6,285,219,691
1998 $72,167,498,981 $5,551,118,149
1997 $100,005,323,302 $4,873,663,775
1996 $100,855,393,910 $4,030,146,135
1995 $88,705,342,903 $3,061,646,174
1994 $74,478,356,958 $2,958,108,170
1993 $66,894,966,969 $2,883,161,897
1992 $59,167,550,163 $2,798,696,511
1991 $49,143,148,094 $3,854,856,435
1990 $44,024,585,240 -
1989 $38,847,965,293 -
1988 $35,272,109,220 -
1987 $32,181,210,158 -
1986 $27,734,111,400 -
1985 $31,199,633,353 -
1984 $33,942,897,422 -
1983 $30,347,442,111 -
1982 $26,804,493,635 -
1981 $25,004,285,792 -
1980 $24,488,224,677 -
1979 $21,213,264,962 -
1978 $16,358,079,862 -
1977 $13,139,488,633 -
1976 $11,050,234,599 -
1975 $9,298,800,799 -
1974 $9,496,204,302 -
1973 $7,662,902,678 -
1972 $5,043,347,250 -
1971 $4,244,395,956 -
1970 $3,864,145,667 -
1969 $3,664,552,041 -
1968 $3,330,371,551 -
1967 $3,188,924,677 -
1966 $3,143,517,944 -
1965 $2,956,337,669 -
1964 $2,674,423,922 -
1963 $2,510,110,348 -
1962 $2,001,489,602 -
1961 $1,901,856,123 -
1960 $1,916,229,477 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Malaysia vs Mozambique by year

Malaysia
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
1x
Year Current $
Malaysia Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $11,874 $38,779 $657 $1,705
2023 $11,386 $36,467 $622 $1,678
2022 $11,755 $34,420 $578 $1,582
2021 $10,903 $29,823 $510 $1,457
2020 $9,958 $27,475 $462 $1,412
2019 $10,920 $28,934 $519 $1,389
2018 $10,902 $27,794 $518 $1,326
2017 $9,863 $26,416 $471 $1,283
2016 $9,477 $25,286 $441 $1,379
2015 $9,649 $24,526 $611 $1,318
2014 $11,013 $24,307 $697 $1,166
2013 $10,714 $23,161 $687 $1,114
2012 $10,601 $22,639 $686 $1,076
2011 $10,217 $21,324 $618 $1,064
2010 $8,899 $20,193 $496 $1,000
2009 $7,191 $18,923 $548 $951
2008 $8,372 $19,480 $592 $916
2007 $7,169 $18,617 $508 $862
2006 $6,158 $17,426 $457 $798
2005 $5,556 $16,371 $437 $721
2004 $4,939 $15,416 $400 $673
2003 $4,465 $14,387 $339 $620
2002 $4,184 $13,656 $314 $580
2001 $3,944 $13,072 $305 $533
2000 $4,084 $13,027 $327 $472
1999 $3,528 $11,980 $354 $468
1998 $3,294 $11,398 $320 $422
1997 $4,679 $12,469 $287.5 $387
1996 $4,837 $11,709 $244.4 $350
1995 $4,363 $10,720 $191.8 $321
1994 $3,758 $9,806 $196.8 $326
1993 $3,462 $9,018 $205.2 $321
1992 $3,141 $8,224 $205.6 $292
1991 $2,679 $7,583 $288.7 $315
1990 $2,469 $6,887 - $296
1989 $2,244 - - -
1988 $2,100 - - -
1987 $1,977 - - -
1986 $1,760 - - -
1985 $2,046 - - -
1984 $2,300 - - -
1983 $2,124 - - -
1982 $1,938 - - -
1981 $1,866 - - -
1980 $1,886 - - -
1979 $1,680 - - -
1978 $1,327 - - -
1977 $1,092 - - -
1976 $940 - - -
1975 $811 - - -
1974 $848 - - -
1973 $701 - - -
1972 $472 - - -
1971 $407 - - -
1970 $380 - - -
1969 $368 - - -
1968 $342 - - -
1967 $335 - - -
1966 $339 - - -
1965 $326 - - -
1964 $303 - - -
1963 $291.8 - - -
1962 $238.8 - - -
1961 $232.9 - - -
1960 $240.8 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Malaysia's GDP per capita is $11,874, ranking 79/197, compared to $657 in Mozambique, ranking 189/197. Adjusted for purchasing power (GDP per capita PPP), Malaysia ranks 60th at $38,779, while Mozambique ranks 192nd at $1,705.

Economic indicators

Malaysia Mozambique
Gross domestic product
$422B
2024
$22.7B
2024
GDP rank
38/197
2024
123/197
2024
GDP growth
5.11%
2023-2024
2.15%
2023-2024
GDP per capita
$11,874
2024
$657
2024
GDP per capita rank
79/197
2024
189/197
2024
GDP per capita, PPP
$38,779
2024
$1,705
2024
GDP per capita PPP rank
60/197
2024
192/197
2024
Government debt
$296B
2024
$21.2B
2024
Debt-to-GDP ratio
70.1%
2024
93.2%
2024
Government debt per person
$8,322
2024
$612
2024
Government debt per person rank
62/185
2024
159/185
2024
Average annual personal income after taxes
$11,005
2026
$1,778
2026
Market capitalization of domestic companies
$449B
2024
n/a
Number of billionaires
19
2025
n/a
Income share by richest 10%
30.9%
2021
40.8%
2022
Income share by poorest 10%
2.3%
2021
1.7%
2022
Government expenditure, % of GDP
23.9%
2024
33.2%
2024
Consumer prices inflation
1.83%
2023-2024
3.2%
2023-2024
Central bank interest rate
2.75%
2025
9.75%
2025
Unemployment rate
3.93%
2022
6.79%
2022
Population
36512221
36941128

Spending and national debt comparison by year

Malaysia
Spending

Debt
Mozambique
Spending

Debt
1x
Year % of GDP
Malaysia Mozambique
Government spending Government debt Government spending Government debt
2024 23.9% 70.1% 33.2% 93.2%
2023 24.9% 69.7% 33.3% 90.9%
2022 24.6% 65.5% 32.9% 100.3%
2021 24.5% 69.2% 32.1% 104.3%
2020 25% 67.7% 33.9% 120%
2019 23.6% 57.1% 28% 98.3%
2018 22.8% 55.6% 32.9% 105.5%
2017 22% 54.4% 29.5% 103.8%
2016 22.9% 55.8% 29.1% 124.8%
2015 24.7% 57% 32.2% 86%
2014 26% 55.4% 39.7% 63.4%
2013 27.8% 55.7% 31.7% 49.5%
2012 28.5% 53.8% 28.1% 36.7%
2011 27.1% 51.9% 28.9% 34.2%
2010 26.6% 51.2% 26.7% 38.6%
2009 30.9% 50.4% 25.7% 39.3%
2008 26.9% 39.4% 21.3% 32.8%
2007 25.9% 39.3% 20.9% 31.2%
2006 25.6% 39.7% 20.1% 40%
2005 24.5% 40.8% 17% 60.1%
2004 25.9% 42% 17.8% 50.8%
2003 28.1% 41.4% 18.6% 63.2%
2002 27.1% 39.5% 18.6% 63.4%
2001 28.2% 38.1% 20.8% 99.8%
2000 25.6% 32.5% 17.2% 95.8%
1999 24.6% 34.4% 15.6% 94.7%
1998 23.1% 33.6% 14.9% -
1997 21.2% 29.6% 16.5% -
1996 22.4% 32.8% 14.9% -
1995 22.6% 38.2% 18.8% -
1994 23.3% 43.7% 22.9% -
1993 24.6% 51.1% 20.7% -
1992 28.2% 59.1% 21.1% -
1991 27.4% 67.3% 17.3% -
1990 30.5% 74.1% 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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

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

In 2024, Malaysia's government spending was $101B, accounting for 23.9% of its GDP, while Mozambique spent $7.56B, or 33.2% of GDP.

Debt-to-GDP ratio is 70.1% in Malaysia and 93.2% in Mozambique, ranking 58/185 and 28/185, respectively.

Government deficit by year

Deficit/surplus
Malaysia

Mozambique
1x
Year Deficit/surplus, % of GDP
Malaysia Mozambique
2024 -3.95% -6.17%
2023 -3.97% -4.26%
2022 -4.56% -5.22%
2021 -6.03% -5.23%
2020 -4.9% -6.19%
2019 -2.01% 1.7%
2018 -2.64% -7.39%
2017 -2.41% -2.9%
2016 -2.6% -5.42%
2015 -2.55% -6.55%
2014 -2.63% -9.75%
2013 -3.48% -2.46%
2012 -3.1% -3.45%
2011 -3.57% -4.34%
2010 -4.32% -3.5%
2009 -5.88% -4.35%
2008 -3.4% -1.9%
2007 -2.57% -2.19%
2006 -2.6% -3.03%
2005 -2.83% -2.06%
2004 -3.35% -3.17%
2003 -4.6% -2.64%
2002 -3.96% -3.36%
2001 -4.36% -4.43%
2000 -6.05% -1.26%
1999 -3% -0.31%
1998 -0.63% -1.08%
1997 4.84% -1.81%
1996 3.27% -2.07%
1995 3.1% -2.46%
1994 5.45% -4%
1993 3.44% -2.53%
1992 1.81% -1.85%
1991 1.6% -2.01%
1990 0.15% -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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

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

In 2024, Malaysia's government deficit, the difference between spending and revenue, was $16.7B, equivalent to 3.95% of GDP. This compares to Mozambique's deficit of $1.4B, or 6.17% of GDP.

Over the past 34 years, Malaysia recorded a fiscal deficit in 27 of those years, while Mozambique ran a deficit in 33 years. On average, Malaysia posted an annual deficit equal to 2.13% of GDP, compared to deficit of 3.46% of GDP for Mozambique.

Inflation comparison by year

Inflation
Malaysia

Mozambique
1x
Year Consumer prices inflation
Malaysia Mozambique
2024 1.83% 3.2%
2023 2.49% 7%
2022 3.38% 10.4%
2021 2.48% 6.6%
2020 -1.14% 0.9%
2019 0.66% 5.7%
2018 0.88% 3.2%
2017 3.87% 15.8%
2016 2.09% 18.4%
2015 2.1% 3.6%
2014 3.14% 2.6%
2013 2.11% 4.3%
2012 1.66% 2.6%
2011 3.17% 11.2%
2010 1.62% 12.4%
2009 0.58% 3.8%
2008 5.44% 14.5%
2007 2.03% 10.4%
2006 3.61% 13.2%
2005 2.98% 6.4%
2004 1.42% 12.6%
2003 1.09% 13.5%
2002 1.81% 16.8%
2001 1.42% 9.1%
2000 1.53% 12.7%
1999 2.74% 2.9%
1998 5.27% 1.5%
1997 2.66% 7.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Malaysia has recorded an average annual inflation rate of 2.25%, compared with 8.31% in Mozambique. In 2024, inflation was 1.83% in Malaysia and 3.2% in Mozambique.

Top exports between countries

Malaysia
Export category Export value
Processed food, beverages & tobacco $224M
Raw materials & minerals $49.9M
Chemicals & pharma $27.2M
Machinery & equipment $5.48M
Textiles & consumer goods $3.26M
Animal & marine products $3.18M
Metals $138K
Wood & paper products $106K
Miscellaneous $3K
Raw agricultural goods $1K
Mozambique
Export category Export value
Raw materials & minerals $136M
Precious metals & jewellery $758K
Animal & marine products $625K
Raw agricultural goods $605K
Metals $386K
Machinery & equipment $222K
Textiles & consumer goods $199K
Chemicals & pharma $157K
Processed food, beverages & tobacco $155K
Wood & paper products $98K

Balance of trade

Malaysia Mozambique
Current account balance
$7.15B
2024
-$2.49B
2024
Current account balance ranking
26/190
2024
150/190
2024
Current account balance, % of GDP
+1.69%
2024
-11%
2024
Goods imports
$223B
2024
$8.38B
2024
Goods exports
$248B
2024
$8.21B
2024
Service imports
$56.4B
2024
$2.11B
2024
Service exports
$53.4B
2024
$1.15B
2024
Imports of goods and services, % of GDP
66%
2024
52.8%
2024
Exports of goods and services, % of GDP
71.3%
2024
42.8%
2024

Economic freedom indices

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

Malaysia Mozambique
Economic freedom 68 49.6
Economic freedom ranking 51/197 164/197
Property rights 62.7 29.7
Government integrity 52.9 25.1
Judicial effectiveness 63.4 43.4
Tax burden 83.5 75.8
Government spending 82 67
Fiscal health 62.5 39.1
Business freedom 79.6 40.2
Labor freedom 55.4 47.7
Monetary freedom 80.8 76.2
Trade freedom 83 71.2
Investment freedom 60 40
Financial freedom 50 40

Economic freedom comparison by year

Malaysia
Mozambique
1x
Year Economic freedom index
Malaysia Mozambique
2026 68 49.6
2025 67.1 50.7
2024 65.7 50.7
2023 67.3 52.5
2022 68.1 51.3
2021 74.4 51.6
2020 74.7 50.5
2019 74 48.6
2018 74.5 46.3
2017 73.8 49.9
2016 71.5 53.2
2015 70.8 54.8
2014 69.6 55
2013 66.1 55
2012 66.4 57.1
2011 66.3 56.8
2010 64.8 56
2009 64.6 55.7
2008 63.9 55.4
2007 63.8 54.7
2006 61.6 51.9
2005 61.9 54.6
2004 59.9 57.2
2003 61.1 58.6
2002 60.1 57.7
2001 60.2 59.2
2000 66 52.2
1999 68.9 48.9
1998 68.2 43
1997 66.8 44
1996 69.9 48.4
1995 71.9 45.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Malaysia is 68, ranking 51/197, 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

Malaysia Mozambique
Services, % of GDP
53.7%
2024
41.1%
2024
Industry, % of GDP
37%
2024
21.9%
2024
Agriculture, forestry, and fishing, % of GDP
8.13%
2024
25.2%
2024
GNI, Atlas method
$414B
2024
$19.1B
2024
GNI per capita, PPP
$37,450
2024
$1,520
2024
Total reserves including gold
$116B
2024
$3.84B
2024
Total reserves ranking
24/177
2024
108/177
2024
Net foreign direct investment
-$2.55B
2024
-$3.55B
2024
Net inflows of foreign direct investment
$15.6B
2024
$3.51B
2024
Net outflows of foreign direct investment
$13B
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI n/a
22.4%
2024
Poverty at national poverty lines
5.8%
2023
65%
2022
Gross capital formation, % of GDP
22%
2024
17.7%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.