Skip to content

Economy of Mozambique vs Nepal compared: GDP & Debt

Updated on by Georank

Mozambique has a GDP of $22.3B compared to $45.5B for Nepal, ranking 127/197 and 102/197 by economy size, respectively.

Mozambique has $22.9B in government debt (102.5% of GDP), compared to $21.9B (48.1% of GDP) in Nepal.

Mozambique vs Nepal GDP by year

Mozambique
Nepal
1x
Year GDP, current $
Mozambique Nepal
2025 $22,337,997,046 $45,489,810,283
2024 $22,752,244,245 $43,298,911,700
2023 $20,927,498,317 $41,049,329,851
2022 $18,884,232,599 $41,182,939,520
2021 $16,168,055,475 $36,924,841,394
2020 $14,235,420,174 $33,433,659,301
2019 $15,512,759,047 $34,186,180,699
2018 $15,017,358,953 $33,111,525,237
2017 $13,264,640,646 $28,971,588,940
2016 $12,069,051,237 $24,524,109,484
2015 $16,208,985,770 $24,360,801,287
2014 $17,978,246,586 $22,731,612,922
2013 $17,198,073,057 $22,162,204,925
2012 $16,688,114,144 $21,703,100,877
2011 $14,619,279,989 $21,573,872,421
2010 $11,411,894,724 $16,002,656,434
2009 $12,263,894,790 $12,854,985,464
2008 $12,920,340,965 $12,545,438,605
2007 $10,811,456,006 $10,325,618,017
2006 $9,509,835,537 $9,043,715,356
2005 $8,868,504,900 $8,130,258,378
2004 $7,937,255,565 $7,273,938,315
2003 $6,583,526,861 $6,330,473,097
2002 $5,950,769,427 $6,050,875,807
2001 $5,650,154,067 $6,007,055,042
2000 $5,930,685,215 $5,494,252,208
1999 $6,285,219,691 $5,033,642,384
1998 $5,551,118,149 $4,856,255,044
1997 $4,873,663,775 $4,918,691,917
1996 $4,030,146,135 $4,521,580,381
1995 $3,061,646,174 $4,401,104,418
1994 $2,958,108,170 $4,066,775,510
1993 $2,883,161,897 $3,660,041,667
1992 $2,798,696,511 $3,401,211,581
1991 $3,854,856,435 $3,921,476,085
1990 - $3,627,560,239
1989 - $3,525,225,787
1988 - $3,487,009,748
1987 - $2,957,255,380
1986 - $2,850,782,044
1985 - $2,619,913,956
1984 - $2,581,207,388
1983 - $2,447,174,803
1982 - $2,395,423,742
1981 - $2,275,583,317
1980 - $1,945,916,583
1979 - $1,851,250,008
1978 - $1,604,162,497
1977 - $1,382,400,000
1976 - $1,452,788,985
1975 - $1,575,789,254
1974 - $1,217,953,547
1973 - $972,101,725
1972 - $1,024,098,400
1971 - $882,765,472
1970 - $865,975,309
1969 - $788,641,965
1968 - $772,231,387
1967 - $841,974,025
1966 - $906,811,944
1965 - $735,267,082
1964 - $496,098,775
1963 - $496,947,904
1962 - $574,091,101
1961 - $531,959,562
1960 - $508,334,414

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

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

GDP per capita in Mozambique vs Nepal by year

Mozambique
GDP per capita

GDP per capita, PPP
Nepal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mozambique Nepal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $627 - $1,536 -
2024 $657 $1,705 $1,460 $5,737
2023 $622 $1,678 $1,382 $5,395
2022 $578 $1,582 $1,386 $5,103
2021 $510 $1,457 $1,253 $4,546
2020 $462 $1,412 $1,154 $4,236
2019 $519 $1,389 $1,203 $4,261
2018 $518 $1,326 $1,179 $3,956
2017 $471 $1,283 $1,034 $3,605
2016 $441 $1,379 $877 $2,976
2015 $611 $1,318 $876 $2,957
2014 $697 $1,166 $821 $2,901
2013 $687 $1,114 $803 $2,658
2012 $686 $1,076 $788 $2,466
2011 $618 $1,064 $786 $2,248
2010 $496 $1,000 $585 $2,139
2009 $548 $951 $473 $2,029
2008 $592 $916 $465 $1,942
2007 $508 $862 $385 $1,809
2006 $457 $798 $340 $1,718
2005 $437 $721 $309 $1,628
2004 $400 $673 $279.6 $1,542
2003 $339 $620 $246.4 $1,453
2002 $314 $580 $238.9 $1,390
2001 $305 $533 $240.8 $1,388
2000 $327 $472 $223.8 $1,317
1999 $354 $468 $208.6 $1,234
1998 $320 $422 $205.1 $1,187
1997 $287.5 $387 $211.8 $1,162
1996 $244.4 $350 $198.8 $1,110
1995 $191.8 $321 $197.8 $1,058
1994 $196.8 $326 $187.3 $1,026
1993 $205.2 $321 $172.8 $952
1992 $205.6 $292 $165 $920
1991 $288.7 $315 $195.7 $889
1990 - $296 $185.8 $830
1989 - - $185 -
1988 - - $187.1 -
1987 - - $162 -
1986 - - $159.5 -
1985 - - $149.9 -
1984 - - $151.1 -
1983 - - $146.6 -
1982 - - $147 -
1981 - - $142.9 -
1980 - - $125.1 -
1979 - - $121.9 -
1978 - - $108.1 -
1977 - - $95.3 -
1976 - - $102.5 -
1975 - - $113.6 -
1974 - - $89.8 -
1973 - - $73.2 -
1972 - - $78.8 -
1971 - - $69.5 -
1970 - - $69.6 -
1969 - - $64.8 -
1968 - - $64.9 -
1967 - - $72.3 -
1966 - - $79.5 -
1965 - - $65.8 -
1964 - - $45.3 -
1963 - - $46.3 -
1962 - - $54.6 -
1961 - - $51.6 -
1960 - - $50.2 -

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

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

Mozambique's GDP per capita is $627, ranking 193/197, compared to $1,536 in Nepal, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Mozambique ranks 192nd at $1,705, while Nepal ranks 155th at $5,737.

Economic indicators

Mozambique Nepal
Gross domestic product
$22.3B
2025
$45.5B
2025
GDP rank
127/197
2025
102/197
2025
GDP growth
-0.52%
2024-2025
4.43%
2024-2025
GDP per capita
$627
2025
$1,536
2025
GDP per capita rank
193/197
2025
165/197
2025
GDP per capita, PPP
$1,705
2024
$5,737
2024
GDP per capita PPP rank
192/197
2024
155/197
2024
Government debt
$22.9B
2025
$21.9B
2025
Debt-to-GDP ratio
102.5%
2025
48.1%
2025
Government debt per person
$643
2025
$740
2025
Government debt per person rank
158/185
2025
154/185
2025
Average annual personal income after taxes
$1,324
2026
$1,743
2026
Number of billionaires n/a
2
2026
Income share by richest 10%
40.8%
2022
24.2%
2022
Income share by poorest 10%
1.7%
2022
3.7%
2022
Government expenditure, % of GDP
30.3%
2025
21.8%
2025
Consumer prices inflation
4.4%
2024-2025
2.65%
2024-2025
Central bank interest rate
9.25%
2026
n/a
Unemployment rate
6.79%
2022
10.7%
2017
Population
37173146
29619950

Spending and national debt comparison by year

Mozambique
Spending

Debt
Nepal
Spending

Debt
1x
Year % of GDP
Mozambique Nepal
Government spending Government debt Government spending Government debt
2025 30.3% 102.5% 21.8% 48.1%
2024 33.3% 91.4% 21.8% 48.3%
2023 33.3% 90.8% 25.1% 47%
2022 32.9% 100.4% 26.1% 42.7%
2021 32.1% 104.3% 27.2% 43.3%
2020 33.9% 120% 28.5% 43.3%
2019 28% 98.3% 27.1% 34%
2018 31.2% 105.5% 28% 31.1%
2017 28.6% 103.8% 23.6% 25%
2016 28.7% 124.8% 19% 25%
2015 32.2% 86% 17.7% 25.7%
2014 39.7% 63.4% 16.6% 27.6%
2013 31.7% 49.5% 15.5% 31.9%
2012 28.1% 36.7% 16.8% 34.5%
2011 28.9% 34.2% 16.3% 32.4%
2010 26.6% 38.6% 16.5% 35.4%
2009 25.7% 39.3% 17% 39.5%
2008 21.3% 32.8% 13.4% 36.8%
2007 20.9% 31.2% 13.1% 37.9%
2006 20.1% 40% 11.2% 42.9%
2005 17% 60.1% 12% 45.1%
2004 17.8% 50.8% 11.8% 51.3%
2003 18.6% 63.2% 12% 53%
2002 18.6% 63.4% 13% 51.8%
2001 20.8% 99.8% 12.9% 50.8%
2000 17.2% 95.8% 11.4% 50.8%
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/nepal | CC BY

In 2025, Mozambique's government spending was $6.76B, accounting for 30.3% of its GDP, while Nepal spent $9.93B, or 21.8% of GDP.

Debt-to-GDP ratio is 102.5% in Mozambique and 48.1% in Nepal, ranking 21/185 and 110/185, respectively.

Government deficit by year

Deficit/surplus
Mozambique

Nepal
1x
Year Deficit/surplus, % of GDP
Mozambique Nepal
2025 -3.97% -1.86%
2024 -6.23% -2.46%
2023 -4.26% -5.81%
2022 -5.22% -3.12%
2021 -5.23% -3.98%
2020 -6.19% -7.47%
2019 1.7% -4.27%
2018 -5.7% -5.83%
2017 -1.99% -2.69%
2016 -5.06% 1.2%
2015 -6.55% 0.46%
2014 -9.75% 1.36%
2013 -2.46% 1.57%
2012 -3.45% -1.18%
2011 -4.34% -0.72%
2010 -3.4% -0.67%
2009 -4.35% -2.24%
2008 -1.9% -0.29%
2007 -2.19% -0.67%
2006 -3.03% 0.24%
2005 -2.06% 0.24%
2004 -3.17% -0.14%
2003 -2.64% -0.34%
2002 -3.36% -2.46%
2001 -4.43% -2.35%
2000 -1.26% -1.48%
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/nepal | 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 Nepal's deficit of $845M, or 1.86% of GDP.

Over the past 26 years, Mozambique recorded a fiscal deficit in 25 of those years, while Nepal ran a deficit in 20 years. On average, Mozambique posted an annual deficit equal to 3.87% of GDP, compared to deficit of 1.73% of GDP for Nepal.

Inflation comparison by year

Inflation
Mozambique

Nepal
1x
Year Consumer prices inflation
Mozambique Nepal
2025 4.4% 2.65%
2024 3.2% 4.69%
2023 7% 7.12%
2022 10.4% 7.67%
2021 6.6% 4.13%
2020 0.9% 5.06%
2019 5.7% 5.57%
2018 3.2% 4.41%
2017 15.8% 2.78%
2016 18.4% 8.79%
2015 3.6% 7.87%
2014 2.6% 8.36%
2013 4.3% 9.04%
2012 2.6% 9.46%
2011 11.2% 9.23%
2010 12.4% 9.33%
2009 3.8% 11.1%
2008 14.5% 9.91%
2007 10.4% 2.27%
2006 13.2% 6.92%
2005 6.4% 6.84%
2004 12.6% 2.84%
2003 13.5% 5.71%
2002 16.8% 3.03%
2001 9.1% 2.69%
2000 12.7% 2.48%
1999 2.9% 7.45%
1998 1.5% 11.2%
1997 7.4% 4.01%

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/mozambique/nepal | CC BY

Over the past 29 years, Mozambique has recorded an average annual inflation rate of 8.18%, compared with 6.3% in Nepal. In 2025, inflation was 4.4% in Mozambique and 2.65% in Nepal.

Top exports between countries

Mozambique
Export category Export value
Raw agricultural goods $217K
Nepal
Export category Export value
Textiles & consumer goods $3K

Balance of trade

Mozambique Nepal
Current account balance
-$2.49B
2024
$1.68B
2024
Current account balance ranking
148/190
2024
47/190
2024
Current account balance, % of GDP
-11%
2024
+3.88%
2024
Goods imports
$8.38B
2024
$12.1B
2024
Goods exports
$8.21B
2024
$1.54B
2024
Service imports
$2.11B
2024
$2.27B
2024
Service exports
$1.15B
2024
$1.9B
2024
Imports of goods and services, % of GDP
55.7%
2025
33.7%
2025
Exports of goods and services, % of GDP
41.4%
2025
8.83%
2025

Economic freedom indices

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

Mozambique Nepal
Economic freedom 49.6 52.9
Economic freedom ranking 164/197 144/197
Property rights 29.7 38.8
Government integrity 25.1 38.9
Judicial effectiveness 43.4 42.9
Tax burden 75.8 84.3
Government spending 67 82.1
Fiscal health 39.1 71
Business freedom 40.2 60.8
Labor freedom 47.7 48.2
Monetary freedom 76.2 69.4
Trade freedom 71.2 58.6
Investment freedom 40 10
Financial freedom 40 30

Economic freedom comparison by year

Mozambique
Nepal
1x
Year Economic freedom index
Mozambique Nepal
2026 49.6 52.9
2025 50.7 52.5
2024 50.7 52.1
2023 52.5 51.4
2022 51.3 49.7
2021 51.6 50.7
2020 50.5 54.2
2019 48.6 53.8
2018 46.3 54.1
2017 49.9 55.1
2016 53.2 50.9
2015 54.8 51.3
2014 55 50.1
2013 55 50.4
2012 57.1 50.2
2011 56.8 50.1
2010 56 52.7
2009 55.7 53.2
2008 55.4 54.1
2007 54.7 54.4
2006 51.9 53.7
2005 54.6 51.4
2004 57.2 51.2
2003 58.6 51.5
2002 57.7 52.3
2001 59.2 51.6
2000 52.2 51.3
1999 48.9 53.1
1998 43 53.5
1997 44 53.6
1996 48.4 50.3
1995 45.5 -

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

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

The Economic Freedom Index for Mozambique is 49.6, ranking 164/197, compared to 52.9 for Nepal, ranking 144/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mozambique Nepal
Services, % of GDP
42%
2025
54.4%
2025
Industry, % of GDP
22.1%
2025
12.1%
2025
Agriculture, forestry, and fishing, % of GDP
25.6%
2025
21.6%
2025
GNI, Atlas method
$20.4B
2025
$46.5B
2025
GNI per capita, PPP
$1,540
2025
$6,250
2025
Total reserves including gold
$3.84B
2024
$21.1B
2025
Total reserves ranking
112/177
2024
65/177
2025
Net foreign direct investment
-$3.55B
2024
-$56.9M
2024
Net inflows of foreign direct investment
$3.51B
2024
$56.9M
2024
Net outflows of foreign direct investment
-$44.1M
2024
$0
2024
Servicing debt to the IMF, % of GNI
22.4%
2024
1.22%
2024
Poverty at national poverty lines
65%
2022
20.3%
2022
Gross capital formation, % of GDP
24.2%
2025
29.4%
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/mozambique/nepal | 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 (1960–2025, 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.