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Economy of Mexico vs Mozambique compared: GDP & Debt

Updated on by Georank

Mexico has a GDP of $1.83T compared to $22.3B for Mozambique, ranking 14/197 and 127/197 by economy size, respectively.

Mexico has $1.13T in government debt (61.8% of GDP), compared to $22.9B (102.5% of GDP) in Mozambique.

Mexico vs Mozambique GDP by year

Mexico
Mozambique
1x
Year GDP, current $
Mexico Mozambique
2025 $1,832,641,364,776 $22,337,997,046
2024 $1,830,489,311,089 $22,752,244,245
2023 $1,794,410,347,718 $20,927,498,317
2022 $1,466,934,724,243 $18,884,232,599
2021 $1,316,569,466,834 $16,168,055,475
2020 $1,121,064,767,169 $14,235,420,174
2019 $1,304,106,204,006 $15,512,759,047
2018 $1,256,300,182,984 $15,017,358,953
2017 $1,190,721,475,853 $13,264,640,646
2016 $1,112,233,497,453 $12,069,051,237
2015 $1,213,294,467,654 $16,208,985,770
2014 $1,364,507,717,689 $17,978,246,586
2013 $1,327,436,290,439 $17,198,073,057
2012 $1,255,110,424,742 $16,688,114,144
2011 $1,229,013,703,417 $14,619,279,989
2010 $1,105,424,238,652 $11,411,894,724
2009 $943,437,414,951 $12,263,894,790
2008 $1,161,553,459,985 $12,920,340,965
2007 $1,102,355,554,880 $10,811,456,006
2006 $1,020,265,057,882 $9,509,835,537
2005 $917,571,853,437 $8,868,504,900
2004 $819,459,227,375 $7,937,255,565
2003 $765,549,967,889 $6,583,526,861
2002 $810,666,116,402 $5,950,769,427
2001 $796,064,590,549 $5,650,154,067
2000 $742,061,329,749 $5,930,685,215
1999 $631,249,359,702 $6,285,219,691
1998 $557,461,102,631 $5,551,118,149
1997 $523,449,530,464 $4,873,663,775
1996 $432,157,945,024 $4,030,146,135
1995 $380,157,469,867 $3,061,646,174
1994 $553,618,247,901 $2,958,108,170
1993 $530,160,763,663 $2,883,161,897
1992 $363,157,832,924 $2,798,696,511
1991 $313,139,656,146 $3,854,856,435
1990 $261,253,675,693 -
1989 $221,403,098,267 -
1988 $181,611,150,497 -
1987 $147,542,558,209 -
1986 $134,556,034,673 -
1985 $195,241,069,482 -
1984 $184,230,754,105 -
1983 $156,167,000,433 -
1982 $184,602,611,610 -
1981 $263,797,827,860 -
1980 $205,577,055,466 -
1979 $134,531,900,899 -
1978 $102,648,570,299 -
1977 $81,912,018,784 -
1976 $88,875,923,765 -
1975 $88,000,000,000 -
1974 $72,000,000,000 -
1973 $55,280,000,000 -
1972 $45,200,000,000 -
1971 $39,200,000,000 -
1970 $35,520,000,000 -
1969 $32,480,000,000 -
1968 $29,360,000,000 -
1967 $26,560,000,000 -
1966 $24,320,000,000 -
1965 $21,840,000,000 -
1964 $20,080,000,000 -
1963 $16,960,000,000 -
1962 $15,200,000,000 -
1961 $14,160,000,000 -
1960 $13,040,000,000 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Mexico vs Mozambique by year

Mexico
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mexico Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $13,889 - $627 -
2024 $13,988 $26,185 $657 $1,705
2023 $13,831 $25,243 $622 $1,678
2022 $11,406 $23,135 $578 $1,582
2021 $10,314 $20,783 $510 $1,457
2020 $8,841 $19,354 $462 $1,412
2019 $10,370 $20,964 $519 $1,389
2018 $10,085 $20,921 $518 $1,326
2017 $9,649 $20,489 $471 $1,283
2016 $9,098 $20,105 $441 $1,379
2015 $10,021 $19,071 $611 $1,318
2014 $11,391 $18,821 $697 $1,166
2013 $11,217 $18,170 $687 $1,114
2012 $10,744 $18,005 $686 $1,076
2011 $10,664 $17,267 $618 $1,064
2010 $9,729 $15,909 $496 $1,000
2009 $8,424 $15,191 $548 $951
2008 $10,524 $15,681 $592 $916
2007 $10,134 $15,032 $508 $862
2006 $9,513 $14,540 $457 $798
2005 $8,672 $13,260 $437 $721
2004 $7,850 $12,658 $400 $673
2003 $7,434 $12,066 $339 $620
2002 $7,983 $11,762 $314 $580
2001 $7,953 $11,739 $305 $533
2000 $7,524 $11,705 $327 $472
1999 $6,500 $11,031 $354 $468
1998 $5,833 $10,756 $320 $422
1997 $5,567 $10,182 $287.5 $387
1996 $4,674 $9,496 $244.4 $350
1995 $4,184 $8,933 $191.8 $321
1994 $6,202 $9,466 $196.8 $326
1993 $6,048 $9,041 $205.2 $321
1992 $4,221 $9,470 $205.6 $292
1991 $3,709 $9,079 $288.7 $315
1990 $3,154 $8,578 - $296
1989 $2,725 - - -
1988 $2,279 - - -
1987 $1,888 - - -
1986 $1,757 - - -
1985 $2,602 - - -
1984 $2,506 - - -
1983 $2,170 - - -
1982 $2,621 - - -
1981 $3,829 - - -
1980 $3,055 - - -
1979 $2,049 - - -
1978 $1,604 - - -
1977 $1,315 - - -
1976 $1,465 - - -
1975 $1,492 - - -
1974 $1,256 - - -
1973 $993 - - -
1972 $837 - - -
1971 $748 - - -
1970 $699 - - -
1969 $660 - - -
1968 $616 - - -
1967 $576 - - -
1966 $545 - - -
1965 $506 - - -
1964 $481 - - -
1963 $420 - - -
1962 $388 - - -
1961 $374 - - -
1960 $355 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Mexico's GDP per capita is $13,889, ranking 76/197, compared to $627 in Mozambique, ranking 193/197. Adjusted for purchasing power (GDP per capita PPP), Mexico ranks 80th at $26,185, while Mozambique ranks 192nd at $1,705.

Economic indicators

Mexico Mozambique
Gross domestic product
$1.83T
2025
$22.3B
2025
GDP rank
14/197
2025
127/197
2025
GDP growth
0.56%
2024-2025
-0.52%
2024-2025
GDP per capita
$13,889
2025
$627
2025
GDP per capita rank
76/197
2025
193/197
2025
GDP per capita, PPP
$26,185
2024
$1,705
2024
GDP per capita PPP rank
80/197
2024
192/197
2024
Government debt
$1.13T
2025
$22.9B
2025
Debt-to-GDP ratio
61.8%
2025
102.5%
2025
Government debt per person
$8,577
2025
$643
2025
Government debt per person rank
66/185
2025
158/185
2025
Average annual personal income after taxes
$10,482
2026
$1,324
2026
Market capitalization of domestic companies
$560B
2025
n/a
Number of millionaires
333,000
2026
n/a
Number of billionaires
22
2026
n/a
Income share by richest 10%
33.4%
2024
40.8%
2022
Income share by poorest 10%
2.1%
2024
1.7%
2022
Government expenditure, % of GDP
29.8%
2025
30.3%
2025
Consumer prices inflation
3.81%
2024-2025
4.4%
2024-2025
Central bank interest rate
6.5%
2026
9.25%
2026
Unemployment rate
2.54%
2025
6.79%
2022
Population
133551566
37173146

Spending and national debt comparison by year

Mexico
Spending

Debt
Mozambique
Spending

Debt
1x
Year % of GDP
Mexico Mozambique
Government spending Government debt Government spending Government debt
2025 29.8% 61.8% 30.3% 102.5%
2024 30.8% 59.1% 33.3% 91.4%
2023 28.6% 52.8% 33.3% 90.8%
2022 28.5% 53.8% 32.9% 100.4%
2021 26.7% 56.7% 32.1% 104.3%
2020 27.8% 58.5% 33.9% 120%
2019 25.3% 51.9% 28% 98.3%
2018 25% 52.2% 31.2% 105.5%
2017 25% 52.5% 28.6% 103.8%
2016 26.5% 55% 28.7% 124.8%
2015 26.6% 51% 32.2% 86%
2014 26.9% 47.1% 39.7% 63.4%
2013 26.7% 44.1% 31.7% 49.5%
2012 27% 40.8% 28.1% 36.7%
2011 26.6% 41.2% 28.9% 34.2%
2010 26.5% 40.2% 26.6% 38.6%
2009 26.5% 41.7% 25.7% 39.3%
2008 26.5% 40.6% 21.3% 32.8%
2007 22.5% 35.5% 20.9% 31.2%
2006 21.6% 35.8% 20.1% 40%
2005 21.2% 36.8% 17% 60.1%
2004 20.5% 38.9% 17.8% 50.8%
2003 21.5% 42.1% 18.6% 63.2%
2002 19.8% 39.9% 18.6% 63.4%
2001 19.5% 37.3% 20.8% 99.8%
2000 19.4% 38.5% 17.2% 95.8%
1999 20.1% 41.7% 15.6% 94.7%
1998 19.5% 39.7% 14.9% -
1997 20.7% 39.1% 16.5% -
1996 20.8% 42.5% 14.9% -
1995 18.9% 30.7% 18.8% -
1994 18.9% 26.8% 22.9% -
1993 18.2% 19.2% 20.7% -
1992 19% 21.5% 21.1% -
1991 20.1% 29.2% 17.3% -
1990 22.9% 35.7% 21% -
1989 19.2% 36% 27% -
1988 23.6% 36.5% 27% -
1987 26.7% 52.7% 22.9% -
1986 25.1% 47.8% 24.2% -
1985 21.4% 30.4% 21% -
1984 19.8% 25.2% 30.9% -
1983 21.6% 25.3% 35.3% -
1982 24.7% 29.8% 27% -
1981 20.1% 41.7% 23.8% -
1980 17.5% 31.4% 14.2% -
1979 16.5% 35.8% - -
1978 15.7% 39% - -
1977 15.5% 41.5% - -
1976 15.5% 31.3% - -
1975 14.7% 24.4% - -
1974 13.8% 21.7% - -
1973 12.7% 20% - -
1972 11.9% 17.9% - -
1971 10.6% 17% - -
1970 10.9% 17.1% - -
1969 11.8% 10.7% - -
1968 10.9% 7.85% - -
1967 10.4% 8.22% - -
1966 11.6% 5.14% - -
1965 10.7% 9.99% - -
1964 9.21% 6.22% - -
1963 8.51% 4.13% - -
1962 8.26% 4.2% - -
1961 8.01% 4.38% - -
1960 9.5% 4.58% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

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

In 2025, Mexico's government spending was $547B, accounting for 29.8% of its GDP, while Mozambique spent $6.76B, or 30.3% of GDP.

Debt-to-GDP ratio is 61.8% in Mexico and 102.5% in Mozambique, ranking 73/185 and 21/185, respectively.

Government deficit by year

Deficit/surplus
Mexico

Mozambique
1x
Year Deficit/surplus, % of GDP
Mexico Mozambique
2025 -4.86% -3.97%
2024 -5.78% -6.23%
2023 -4.3% -4.26%
2022 -4.32% -5.22%
2021 -3.75% -5.23%
2020 -4.29% -6.19%
2019 -2.27% 1.7%
2018 -2.14% -5.7%
2017 -1.03% -1.99%
2016 -2.68% -5.06%
2015 -3.86% -6.55%
2014 -4.37% -9.75%
2013 -3.56% -2.46%
2012 -3.57% -3.45%
2011 -3.2% -4.34%
2010 -3.8% -3.4%
2009 -3.94% -4.35%
2008 -0.68% -1.9%
2007 -1.46% -2.19%
2006 -1.23% -3.03%
2005 -1.43% -2.06%
2004 -1.35% -3.17%
2003 -2.24% -2.64%
2002 -2.18% -3.36%
2001 -2.57% -4.43%
2000 -2.69% -1.26%
1999 -4.49% -0.31%
1998 -4.49% -1.08%
1997 -3.48% -1.81%
1996 -3.66% -2.07%
1995 -2.28% -2.46%
1994 -2.25% -4%
1993 -1.51% -2.53%
1992 2.26% -1.85%
1991 1.49% -2.01%
1990 -3.11% -4.42%
1989 -4.75% -4.23%
1988 -8.76% -6.47%
1987 -11.6% -7.24%
1986 -11.2% -12.1%
1985 -7.2% -9.69%
1984 -5.79% -13.4%
1983 -6.03% -15.8%
1982 -11.4% -3.61%
1981 -4.9% -7.41%
1980 -1.75% -1.47%
1979 -2.15% -
1978 -1.88% -
1977 -2.43% -
1976 -3.14% -
1975 -2.64% -
1974 -3.33% -
1973 -2.75% -
1972 -2.3% -
1971 -1.43% -
1970 -1.71% -
1969 -2.74% -
1968 -2.06% -
1967 -2.12% -
1966 -3.2% -
1965 -2.51% -
1964 -1.44% -
1963 -0.92% -
1962 -0.79% -
1961 -0.88% -
1960 -1.36% -
1959 -0.73% -
1958 0.24% -
1957 -0.03% -
1956 0.52% -
1955 0.6% -
1954 -0.94% -
1953 -0.58% -
1952 0.42% -
1951 -0.26% -
1950 -0.2% -
1949 0.44% -
1948 -1.55% -
1947 -0.93% -
1946 0.66% -
1945 -1.11% -
1944 -1.12% -
1943 0.05% -
1942 -0.93% -
1941 -0.26% -
1940 -0.4% -
1939 -0.06% -
1938 -0.91% -
1937 -0.41% -
1936 -0.39% -
1935 0.26% -
1934 0.72% -
1933 -0.58% -
1932 0% -
1931 0.71% -
1930 0.21% -
1929 0.95% -
1928 0.24% -
1927 -0.3% -
1926 -0.29% -
1925 0.46% -
1924 1.34% -
1923 1.02% -
1922 1.13% -
1921 0.64% -
1920 0.91% -
1919 0.41% -
1918 -0.19% -
1917 0.63% -
1916 - -
1915 - -
1914 - -
1913 0.28% -
1912 -0.79% -
1911 -0.31% -
1910 0.1% -
1909 0.15% -
1908 -0.08% -
1907 0.43% -
1906 0.72% -
1905 0.35% -
1904 1.09% -
1903 3.82% -
1902 0.42% -
1901 0.62% -
1900 0.76% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Mexico's government deficit, the difference between spending and revenue, was $89B, equivalent to 4.86% of GDP. This compares to Mozambique's deficit of $886M, or 3.97% of GDP.

Over the past 35 years, Mexico recorded a fiscal deficit in 33 of those years, while Mozambique ran a deficit in 34 years. On average, Mexico posted an annual deficit equal to 2.74% of GDP, compared to deficit of 3.39% of GDP for Mozambique.

Inflation comparison by year

Inflation
Mexico

Mozambique
1x
Year Consumer prices inflation
Mexico Mozambique
2025 3.81% 4.4%
2024 4.72% 3.2%
2023 5.53% 7%
2022 7.9% 10.4%
2021 5.69% 6.6%
2020 3.4% 0.9%
2019 3.64% 5.7%
2018 4.9% 3.2%
2017 6.04% 15.8%
2016 2.82% 18.4%
2015 2.72% 3.6%
2014 4.02% 2.6%
2013 3.81% 4.3%
2012 4.11% 2.6%
2011 3.41% 11.2%
2010 4.16% 12.4%
2009 5.3% 3.8%
2008 5.12% 14.5%
2007 3.97% 10.4%
2006 3.63% 13.2%
2005 3.99% 6.4%
2004 4.69% 12.6%
2003 4.55% 13.5%
2002 5.03% 16.8%
2001 6.37% 9.1%
2000 9.49% 12.7%
1999 16.6% 2.9%
1998 15.9% 1.5%
1997 20.6% 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/mexico/mozambique | CC BY

Over the past 29 years, Mexico has recorded an average annual inflation rate of 6.07%, compared with 8.18% in Mozambique. In 2025, inflation was 3.81% in Mexico and 4.4% in Mozambique.

Top exports between countries

Mexico
Export category Export value
Machinery & equipment $24K
Mozambique
Export category Export value
Raw materials & minerals $4.92M
Processed food, beverages & tobacco $977K
Machinery & equipment $107K
Precious metals & jewellery $7K
Textiles & consumer goods $2K
Metals $1K

Balance of trade

Mexico Mozambique
Current account balance
-$8.2B
2025
-$2.49B
2024
Current account balance ranking
171/190
2025
148/190
2024
Current account balance, % of GDP
-0.45%
2025
-11%
2024
Goods imports
$665B
2025
$8.38B
2024
Goods exports
$666B
2025
$8.21B
2024
Service imports
$75.4B
2025
$2.11B
2024
Service exports
$64B
2025
$1.15B
2024
Imports of goods and services, % of GDP
40.3%
2025
55.7%
2025
Exports of goods and services, % of GDP
39.6%
2025
41.4%
2025

Economic freedom indices

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

Mexico Mozambique
Economic freedom 59.8 49.6
Economic freedom ranking 102/197 164/197
Property rights 37.6 29.7
Government integrity 28.8 25.1
Judicial effectiveness 40.4 43.4
Tax burden 75.4 75.8
Government spending 74.6 67
Fiscal health 56.7 39.1
Business freedom 67 40.2
Labor freedom 57.3 47.7
Monetary freedom 70.6 76.2
Trade freedom 74.2 71.2
Investment freedom 75 40
Financial freedom 60 40

Economic freedom comparison by year

Mexico
Mozambique
1x
Year Economic freedom index
Mexico Mozambique
2026 59.8 49.6
2025 61.3 50.7
2024 62 50.7
2023 63.2 52.5
2022 63.7 51.3
2021 65.5 51.6
2020 66 50.5
2019 64.7 48.6
2018 64.8 46.3
2017 63.6 49.9
2016 65.2 53.2
2015 66.4 54.8
2014 66.8 55
2013 67 55
2012 65.3 57.1
2011 67.8 56.8
2010 68.3 56
2009 65.8 55.7
2008 66.2 55.4
2007 66 54.7
2006 64.7 51.9
2005 65.2 54.6
2004 66 57.2
2003 65.3 58.6
2002 63 57.7
2001 60.6 59.2
2000 59.3 52.2
1999 58.5 48.9
1998 57.9 43
1997 57.1 44
1996 61.2 48.4
1995 63.1 45.5

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

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

The Economic Freedom Index for Mexico is 59.8, ranking 102/197, 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

Mexico Mozambique
Services, % of GDP
58.9%
2025
42%
2025
Industry, % of GDP
30.6%
2025
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
3.88%
2025
25.6%
2025
GNI, Atlas method
$1.81T
2025
$20.4B
2025
GNI per capita, PPP
$25,070
2025
$1,540
2025
Total reserves including gold
$256B
2025
$3.84B
2024
Total reserves ranking
17/177
2025
112/177
2024
Net foreign direct investment
-$31.8B
2025
-$3.55B
2024
Net inflows of foreign direct investment
$45.5B
2024
$3.51B
2024
Net outflows of foreign direct investment
$13B
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI
3.77%
2024
22.4%
2024
Poverty at national poverty lines
29.6%
2024
65%
2022
Gross capital formation, % of GDP
22.6%
2025
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/mexico/mozambique | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1995, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, 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.