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Economy of Mozambique vs Nauru compared: GDP & Debt

Updated on by Georank

Mozambique has a GDP of $22.3B compared to $176M for Nauru, ranking 127/197 and 195/197 by economy size, respectively.

Mozambique has $22.9B in government debt (102.5% of GDP), compared to $25.8M (14.6% of GDP) in Nauru.

Mozambique vs Nauru GDP by year

Mozambique
Nauru
1x
Year GDP, current $
Mozambique Nauru
2025 $22,337,997,046 $176,040,044
2024 $22,752,244,245 $167,833,415
2023 $20,927,498,317 $161,531,317
2022 $18,884,232,599 $180,671,357
2021 $16,168,055,475 $149,268,324
2020 $14,235,420,174 $124,685,688
2019 $15,512,759,047 $125,160,116
2018 $15,017,358,953 $130,995,566
2017 $13,264,640,646 $109,355,639
2016 $12,069,051,237 $97,541,943
2015 $16,208,985,770 $84,863,441
2014 $17,978,246,586 $99,149,244
2013 $17,198,073,057 $94,385,015
2012 $16,688,114,144 $101,055,723
2011 $14,619,279,989 $65,071,880
2010 $11,411,894,724 $47,562,845
2009 $12,263,894,790 $44,176,246
2008 $12,920,340,965 $37,602,265
2007 $10,811,456,006 $22,766,972
2006 $9,509,835,537 $29,200,359
2005 $8,868,504,900 $30,070,666
2004 $7,937,255,565 $30,587,566
2003 $6,583,526,861 $24,778,160
2002 $5,950,769,427 $21,017,424
2001 $5,650,154,067 $22,613,288
2000 $5,930,685,215 $26,930,980
1999 $6,285,219,691 $27,328,613
1998 $5,551,118,149 $29,664,451
1997 $4,873,663,775 $37,331,507
1996 $4,030,146,135 $37,458,801
1995 $3,061,646,174 $39,969,706
1994 $2,958,108,170 $39,742,511
1993 $2,883,161,897 $43,542,088
1992 $2,798,696,511 $51,133,123
1991 $3,854,856,435 $52,533,789
1990 - $55,572,376
1989 - $53,736,786
1988 - $45,931,134
1987 - $40,118,410
1986 - $39,939,391
1985 - $41,548,741
1984 - $47,363,231
1983 - $48,439,093
1982 - $52,877,742
1981 - $51,689,637
1980 - $46,947,124
1979 - $44,431,330
1978 - $41,754,147
1977 - $40,444,702
1976 - $40,287,427
1975 - $40,106,776
1974 - $35,994,511
1973 - $26,529,817
1972 - $21,734,269
1971 - $19,009,433
1970 - $17,570,366

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Mozambique vs Nauru by year

Mozambique
GDP per capita

GDP per capita, PPP
Nauru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mozambique Nauru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $627 - $14,640 -
2024 $657 $1,705 $14,048 $14,173
2023 $622 $1,678 $13,603 $13,732
2022 $578 $1,582 $15,310 $13,245
2021 $510 $1,457 $12,748 $12,112
2020 $462 $1,412 $10,709 $10,811
2019 $519 $1,389 $10,802 $10,555
2018 $518 $1,326 $11,414 $9,657
2017 $471 $1,283 $9,657 $9,650
2016 $441 $1,379 $8,748 $10,281
2015 $611 $1,318 $7,747 $9,955
2014 $697 $1,166 $9,230 $9,726
2013 $687 $1,114 $8,975 $8,429
2012 $686 $1,076 $9,843 $8,153
2011 $618 $1,064 $6,444 $6,544
2010 $496 $1,000 $4,736 $5,620
2009 $548 $951 $4,411 $5,568
2008 $592 $916 $3,757 $5,863
2007 $508 $862 $2,272 $4,789
2006 $457 $798 $2,910 $5,975
2005 $437 $721 $2,992 $5,336
2004 $400 $673 $3,041 $5,169
2003 $339 $620 $2,463 $5,261
2002 $314 $580 $2,085 $5,132
2001 $305 $533 $2,232 $5,587
2000 $327 $472 $2,649 $5,838
1999 $354 $468 $2,683 $6,118
1998 $320 $422 $2,909 $6,450
1997 $287.5 $387 $3,661 $7,231
1996 $244.4 $350 $3,679 $7,818
1995 $191.8 $321 $3,932 $8,726
1994 $196.8 $326 $3,921 $9,308
1993 $205.2 $321 $4,310 $9,513
1992 $205.6 $292 $5,103 $11,167
1991 $288.7 $315 $5,333 $13,265
1990 - $296 $5,776 $16,215
1989 - - $5,723 -
1988 - - $5,012 -
1987 - - $4,485 -
1986 - - $4,569 -
1985 - - $4,859 -
1984 - - $5,654 -
1983 - - $5,896 -
1982 - - $6,577 -
1981 - - $6,594 -
1980 - - $6,138 -
1979 - - $5,950 -
1978 - - $5,721 -
1977 - - $5,646 -
1976 - - $5,703 -
1975 - - $5,740 -
1974 - - $5,199 -
1973 - - $3,864 -
1972 - - $3,191 -
1971 - - $2,811 -
1970 - - $2,619 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

Mozambique's GDP per capita is $627, ranking 193/197, compared to $14,640 in Nauru, ranking 74/197. Adjusted for purchasing power (GDP per capita PPP), Mozambique ranks 192nd at $1,705, while Nauru ranks 119th at $14,173.

Economic indicators

Mozambique Nauru
Gross domestic product
$22.3B
2025
$176M
2025
GDP rank
127/197
2025
195/197
2025
GDP growth
-0.52%
2024-2025
2.14%
2024-2025
GDP per capita
$627
2025
$14,640
2025
GDP per capita rank
193/197
2025
74/197
2025
GDP per capita, PPP
$1,705
2024
$14,173
2024
GDP per capita PPP rank
192/197
2024
119/197
2024
Government debt
$22.9B
2025
$25.8M
2025
Debt-to-GDP ratio
102.5%
2025
14.6%
2025
Government debt per person
$643
2025
$2,145
2025
Government debt per person rank
158/185
2025
118/185
2025
Average annual personal income after taxes
$1,324
2026
$9,187
2026
Income share by richest 10%
40.8%
2022
25.3%
2012
Income share by poorest 10%
1.7%
2022
3.4%
2012
Government expenditure, % of GDP
30.3%
2025
128.7%
2025
Consumer prices inflation
4.4%
2024-2025
6.1%
2024-2025
Central bank interest rate
9.25%
2026
n/a
Unemployment rate
6.79%
2022
5.06%
2021
Population
37173146
12139

Spending and national debt comparison by year

Mozambique
Spending

Debt
Nauru
Spending

Debt
1x
Year % of GDP
Mozambique Nauru
Government spending Government debt Government spending Government debt
2025 30.3% 102.5% 128.7% 14.6%
2024 33.3% 91.4% 118.4% 16.9%
2023 33.3% 90.8% 111% 19.2%
2022 32.9% 100.4% 113.8% 18.9%
2021 32.1% 104.3% 109.5% 24.2%
2020 33.9% 120% 109.4% 56.3%
2019 28% 98.3% 106% 59.6%
2018 31.2% 105.5% 90.8% 71.1%
2017 28.6% 103.8% 102.3% 78%
2016 28.7% 124.8% 96% 86.3%
2015 32.2% 86% 85.4% 113%
2014 39.7% 63.4% 61.3% 147.7%
2013 31.7% 49.5% 66% 166.9%
2012 28.1% 36.7% 46% 157.3%
2011 28.9% 34.2% 44.7% 236.8%
2010 26.6% 38.6% 73.8% 298.9%
2009 25.7% 39.3% 68% 295.6%
2008 21.3% 32.8% - -
2007 20.9% 31.2% - -
2006 20.1% 40% - -
2005 17% 60.1% - -
2004 17.8% 50.8% - -
2003 18.6% 63.2% - -
2002 18.6% 63.4% - -
2001 20.8% 99.8% - -
2000 17.2% 95.8% - -
1999 15.6% 94.7% - -
1998 14.9% - - -
1997 16.5% - - -
1996 14.9% - - -
1995 18.8% - - -
1994 22.9% - - -
1993 20.7% - - -
1992 21.1% - - -
1991 17.3% - - -
1990 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/mozambique/nauru | CC BY

In 2025, Mozambique's government spending was $6.76B, accounting for 30.3% of its GDP, while Nauru spent $227M, or 128.7% of GDP.

Debt-to-GDP ratio is 102.5% in Mozambique and 14.6% in Nauru, ranking 21/185 and 176/185, respectively.

Government deficit by year

Deficit/surplus
Mozambique

Nauru
1x
Year Deficit/surplus, % of GDP
Mozambique Nauru
2025 -3.97% 3.51%
2024 -6.23% 28.9%
2023 -4.26% 18.2%
2022 -5.22% 20.5%
2021 -5.23% 52.4%
2020 -6.19% 42.8%
2019 1.7% 31%
2018 -5.7% 29.6%
2017 -1.99% 16.2%
2016 -5.06% 18.9%
2015 -6.55% 10.7%
2014 -9.75% 29.6%
2013 -2.46% 1.71%
2012 -3.45% 8.12%
2011 -4.34% 2.73%
2010 -3.4% 0.09%
2009 -4.35% 0.37%
2008 -1.9% -
2007 -2.19% -
2006 -3.03% -
2005 -2.06% -
2004 -3.17% -
2003 -2.64% -
2002 -3.36% -
2001 -4.43% -
2000 -1.26% -
1999 -0.31% -
1998 -1.08% -
1997 -1.81% -
1996 -2.07% -
1995 -2.46% -
1994 -4% -
1993 -2.53% -
1992 -1.85% -
1991 -2.01% -
1990 -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/mozambique/nauru | CC BY

In 2025, Mozambique's government deficit, the difference between spending and revenue, was $886M, equivalent to 3.97% of GDP. This compares to Nauru's surplus of $6.19M, or 3.51% of GDP.

Over the past 17 years, Mozambique recorded a fiscal deficit in 16 of those years, while Nauru ran a deficit in 0 years. On average, Mozambique posted an annual deficit equal to 4.5% of GDP, compared to surplus of 18.5% of GDP for Nauru.

Inflation comparison by year

Inflation
Mozambique

Nauru
1x
Year Consumer prices inflation
Mozambique Nauru
2025 4.4% 6.1%
2024 3.2% 9.3%
2023 7% 4.8%
2022 10.4% 1.1%
2021 6.6% 2%
2020 0.9% 0.9%
2019 5.7% 4.1%
2018 3.2% 1.1%
2017 15.8% 4.5%
2016 18.4% 8.1%
2015 3.6% 9.8%
2014 2.6% 0.3%
2013 4.3% -1.1%
2012 2.6% 0.3%
2011 11.2% -3.4%
2010 12.4% -2%
2009 3.8% 22.4%
2008 14.5% 1%
2007 10.4% 5.6%
2006 13.2% 19.3%
2005 6.4% 8.7%
2004 12.6% -
2003 13.5% -
2002 16.8% -
2001 9.1% -
2000 12.7% -
1999 2.9% -
1998 1.5% -
1997 7.4% -

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

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

Over the past 21 years, Mozambique has recorded an average annual inflation rate of 7.65%, compared with 4.9% in Nauru. In 2025, inflation was 4.4% in Mozambique and 6.1% in Nauru.

Top exports between countries

Mozambique
Export category Export value
Raw agricultural goods $18K
Nauru
Export category Export value
Raw materials & minerals $1K

Balance of trade

Mozambique Nauru
Current account balance
-$2.49B
2024
$9.73M
2024
Current account balance ranking
148/190
2024
69/190
2024
Current account balance, % of GDP
-11%
2024
+5.8%
2024
Goods imports
$8.38B
2024
$92.7M
2024
Goods exports
$8.21B
2024
$25.5M
2024
Service imports
$2.11B
2024
$88.2M
2024
Service exports
$1.15B
2024
$64.6M
2024
Imports of goods and services, % of GDP
55.7%
2025
103.7%
2025
Exports of goods and services, % of GDP
41.4%
2025
61.8%
2025

Economic freedom indices

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

Mozambique Nauru
Economic freedom 49.6 60
Economic freedom ranking 164/197 97/197
Property rights 29.7 n/a
Government integrity 25.1 n/a
Judicial effectiveness 43.4 n/a
Tax burden 75.8 n/a
Government spending 67 n/a
Fiscal health 39.1 n/a
Business freedom 40.2 n/a
Labor freedom 47.7 n/a
Monetary freedom 76.2 n/a
Trade freedom 71.2 n/a
Investment freedom 40 n/a
Financial freedom 40 n/a

Other economic metrics

Mozambique Nauru
Services, % of GDP
42%
2025
n/a
Industry, % of GDP
22.1%
2025
n/a
Agriculture, forestry, and fishing, % of GDP
25.6%
2025
n/a
GNI, Atlas method
$20.4B
2025
$249M
2025
GNI per capita, PPP
$1,540
2025
$20,200
2025
Total reserves including gold
$3.84B
2024
n/a
Total reserves ranking
112/177
2024
n/a
Net foreign direct investment
-$3.55B
2024
$4.51M
2024
Net inflows of foreign direct investment
$3.51B
2024
-$5.85M
2024
Net outflows of foreign direct investment
-$44.1M
2024
-$1.34M
2024
Servicing debt to the IMF, % of GNI
22.4%
2024
n/a
Poverty at national poverty lines
65%
2022
n/a
Gross capital formation, % of GDP
24.2%
2025
n/a

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/mozambique/nauru | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  6. TradeMap (2020–2024, 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.