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Economy of Mozambique vs Qatar compared: GDP & Debt

Updated on by Georank

Mozambique has a GDP of $22.3B compared to $216B for Qatar, ranking 127/197 and 56/197 by economy size, respectively.

Mozambique has $22.9B in government debt (102.5% of GDP), compared to $89.2B (41.4% of GDP) in Qatar.

Mozambique vs Qatar GDP by year

Mozambique
Qatar
1x
Year GDP, current $
Mozambique Qatar
2025 $22,337,997,046 $215,559,615,385
2024 $22,752,244,245 $216,294,505,495
2023 $20,927,498,317 $213,002,809,341
2022 $18,884,232,599 $235,709,325,714
2021 $16,168,055,475 $179,732,009,560
2020 $14,235,420,174 $144,411,363,352
2019 $15,512,759,047 $176,371,267,692
2018 $15,017,358,953 $183,334,953,819
2017 $13,264,640,646 $161,099,122,225
2016 $12,069,051,237 $151,732,181,868
2015 $16,208,985,770 $161,739,955,577
2014 $17,978,246,586 $206,224,598,571
2013 $17,198,073,057 $198,727,642,967
2012 $16,688,114,144 $186,833,502,363
2011 $14,619,279,989 $167,775,274,725
2010 $11,411,894,724 $125,122,252,747
2009 $12,263,894,790 $97,798,351,648
2008 $12,920,340,965 $115,269,780,220
2007 $10,811,456,006 $79,711,813,187
2006 $9,509,835,537 $60,882,142,857
2005 $8,868,504,900 $44,530,494,505
2004 $7,937,255,565 $31,734,065,934
2003 $6,583,526,861 $23,533,791,209
2002 $5,950,769,427 $19,363,736,264
2001 $5,650,154,067 $17,538,461,538
2000 $5,930,685,215 $17,759,890,110
1999 $6,285,219,691 $12,393,131,868
1998 $5,551,118,149 $10,255,494,505
1997 $4,873,663,775 $11,297,802,198
1996 $4,030,146,135 $9,059,340,659
1995 $3,061,646,174 $8,137,912,088
1994 $2,958,108,170 $7,374,450,549
1993 $2,883,161,897 $7,156,593,407
1992 $2,798,696,511 $7,646,153,846
1991 $3,854,856,435 $6,883,516,484
1990 - $7,360,439,560
1989 - $6,487,912,088
1988 - $6,038,186,813
1987 - $5,446,428,571
1986 - $5,053,021,978
1985 - $6,153,296,703
1984 - $6,870,329,670
1983 - $6,484,890,110
1982 - $7,611,263,736
1981 - $8,672,527,473
1980 - $7,837,915,956
1979 - $5,632,962,997
1978 - $4,052,000,413
1977 - $3,617,564,638
1976 - $3,284,273,987
1975 - $2,512,773,166
1974 - $2,401,403,227
1973 - $793,885,560
1972 - $510,262,500
1971 - $387,703,106
1970 - $301,791,302

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

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

GDP per capita in Mozambique vs Qatar by year

Mozambique
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mozambique Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $627 - $72,525 -
2024 $657 $1,705 $75,685 $126,046
2023 $622 $1,678 $80,196 $129,368
2022 $578 $1,582 $88,701 $122,921
2021 $510 $1,457 $71,752 $116,833
2020 $462 $1,412 $51,684 $82,149
2019 $519 $1,389 $66,841 $107,503
2018 $518 $1,326 $71,040 $110,033
2017 $471 $1,283 $63,280 $99,358
2016 $441 $1,379 $61,254 $89,935
2015 $611 $1,318 $68,985 $102,546
2014 $697 $1,166 $95,841 $148,389
2013 $687 $1,114 $103,697 $169,203
2012 $686 $1,076 $108,470 $180,939
2011 $618 $1,064 $103,262 $174,620
2010 $496 $1,000 $77,387 $151,646
2009 $548 $951 $60,786 $125,898
2008 $592 $916 $80,781 $126,015
2007 $508 $862 $65,954 $124,056
2006 $457 $798 $62,582 $127,181
2005 $437 $721 $53,950 $115,250
2004 $400 $673 $41,036 $110,958
2003 $339 $620 $31,602 $94,120
2002 $314 $580 $27,227 $93,177
2001 $305 $533 $25,871 $89,805
2000 $327 $472 $27,535 $88,849
1999 $354 $468 $20,234 $84,690
1998 $320 $422 $17,665 $84,486
1997 $287.5 $387 $20,523 $79,219
1996 $244.4 $350 $17,125 $62,331
1995 $191.8 $321 $15,823 $60,321
1994 $196.8 $326 $14,765 $59,415
1993 $205.2 $321 $14,770 $59,125
1992 $205.6 $292 $16,280 $60,387
1991 $288.7 $315 $15,133 $54,759
1990 - $296 $16,722 $55,659
1989 - - $15,243 -
1988 - - $14,682 -
1987 - - $13,719 -
1986 - - $13,213 -
1985 - - $16,815 -
1984 - - $19,749 -
1983 - - $19,669 -
1982 - - $24,431 -
1981 - - $29,543 -
1980 - - $28,407 -
1979 - - $21,777 -
1978 - - $16,757 -
1977 - - $16,058 -
1976 - - $15,710 -
1975 - - $13,014 -
1974 - - $13,540 -
1973 - - $4,905 -
1972 - - $3,483 -
1971 - - $2,952 -
1970 - - $2,594 -

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

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

Mozambique's GDP per capita is $627, ranking 193/197, compared to $72,525 in Qatar, ranking 13/197. Adjusted for purchasing power (GDP per capita PPP), Mozambique ranks 192nd at $1,705, while Qatar ranks 5th at $126,046.

Economic indicators

Mozambique Qatar
Gross domestic product
$22.3B
2025
$216B
2025
GDP rank
127/197
2025
56/197
2025
GDP growth
-0.52%
2024-2025
2.9%
2024-2025
GDP per capita
$627
2025
$72,525
2025
GDP per capita rank
193/197
2025
13/197
2025
GDP per capita, PPP
$1,705
2024
$126,046
2024
GDP per capita PPP rank
192/197
2024
5/197
2024
Government debt
$22.9B
2025
$89.2B
2025
Debt-to-GDP ratio
102.5%
2025
41.4%
2025
Government debt per person
$643
2025
$30,009
2025
Government debt per person rank
158/185
2025
24/185
2025
Average annual personal income after taxes
$1,324
2026
$37,042
2026
Market capitalization of domestic companies n/a
$177B
2025
Number of millionaires n/a
30,000
2026
Number of billionaires n/a
2
2026
Income share by richest 10%
40.8%
2022
25.8%
2017
Income share by poorest 10%
1.7%
2022
2.6%
2017
Government expenditure, % of GDP
30.3%
2025
27.1%
2025
Consumer prices inflation
4.4%
2024-2025
0.6%
2024-2025
Central bank interest rate
9.25%
2026
4.1%
2025
Unemployment rate
6.79%
2022
0.1%
2024
Population
37173146
3058826

Spending and national debt comparison by year

Mozambique
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Mozambique Qatar
Government spending Government debt Government spending Government debt
2025 30.3% 102.5% 27.1% 41.4%
2024 33.3% 91.4% 26% 41.3%
2023 33.3% 90.8% 26.7% 42.8%
2022 32.9% 100.4% 24.3% 42.6%
2021 32.1% 104.3% 29.4% 58.4%
2020 33.9% 120% 34.7% 72.6%
2019 28% 98.3% 32.5% 62.1%
2018 31.2% 105.5% 28.9% 52.2%
2017 28.6% 103.8% 34.7% 51.6%
2016 28.7% 124.8% 40.1% 46.7%
2015 32.2% 86% 38.6% 35.5%
2014 39.7% 63.4% 32.3% 24.9%
2013 31.7% 49.5% 28.3% 30.9%
2012 28.1% 36.7% 31% 32.1%
2011 28.9% 34.2% 28.5% 33.5%
2010 26.6% 38.6% 32% 30.4%
2009 25.7% 39.3% 36.4% 36%
2008 21.3% 32.8% 23.5% 11.4%
2007 20.9% 31.2% 29.5% 9.37%
2006 20.1% 40% 29.5% 13.9%
2005 17% 60.1% 29% 19.1%
2004 17.8% 50.8% 29.9% 30.1%
2003 18.6% 63.2% 28.5% 38.8%
2002 18.6% 63.4% 31.6% 47.7%
2001 20.8% 99.8% 32.1% 59.2%
2000 17.2% 95.8% 29.8% 51.6%
1999 15.6% 94.7% 42.4% 81.8%
1998 14.9% - 55.1% 76.6%
1997 16.5% - 47.6% 54.4%
1996 14.9% - 55.2% 57.8%
1995 18.8% - 52.2% 50.2%
1994 22.9% - 59.8% 54.8%
1993 20.7% - 62.8% 46.3%
1992 21.1% - 54.2% 19.9%
1991 17.3% - 57.5% 21.8%
1990 21% - 50% 12.6%
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/qatar | CC BY

In 2025, Mozambique's government spending was $6.76B, accounting for 30.3% of its GDP, while Qatar spent $58.4B, or 27.1% of GDP.

Debt-to-GDP ratio is 102.5% in Mozambique and 41.4% in Qatar, ranking 21/185 and 127/185, respectively.

Government deficit by year

Deficit/surplus
Mozambique

Qatar
1x
Year Deficit/surplus, % of GDP
Mozambique Qatar
2025 -3.97% -1%
2024 -6.23% 0.71%
2023 -4.26% 5.51%
2022 -5.22% 10.4%
2021 -5.23% 0.24%
2020 -6.19% -2.13%
2019 1.7% 1%
2018 -5.7% 2.26%
2017 -1.99% -6.82%
2016 -5.06% -9.2%
2015 -6.55% 18.4%
2014 -9.75% 13.4%
2013 -2.46% 19.3%
2012 -3.45% 8.55%
2011 -4.34% 5.24%
2010 -3.4% 4.6%
2009 -4.35% 14.1%
2008 -1.9% 9.49%
2007 -2.19% 10.3%
2006 -3.03% 8.39%
2005 -2.06% 9.8%
2004 -3.17% 17.7%
2003 -2.64% 6.71%
2002 -3.36% 7.89%
2001 -4.43% 4.48%
2000 -1.26% 4.62%
1999 -0.31% -4.35%
1998 -1.08% -7%
1997 -1.81% -9.4%
1996 -2.07% -8.73%
1995 -2.46% -5.78%
1994 -4% -11.8%
1993 -2.53% -9.53%
1992 -1.85% -2.74%
1991 -2.01% -2.57%
1990 -4.42% 3.23%
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/qatar | 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 Qatar's deficit of $2.16B, or 1% of GDP.

Over the past 35 years, Mozambique recorded a fiscal deficit in 34 of those years, while Qatar ran a deficit in 13 years. On average, Mozambique posted an annual deficit equal to 3.39% of GDP, compared to surplus of 2.92% of GDP for Qatar.

Inflation comparison by year

Inflation
Mozambique

Qatar
1x
Year Consumer prices inflation
Mozambique Qatar
2025 4.4% 0.6%
2024 3.2% 1.2%
2023 7% 3.1%
2022 10.4% 5%
2021 6.6% 2.3%
2020 0.9% -2.5%
2019 5.7% -0.9%
2018 3.2% 0.1%
2017 15.8% 0.6%
2016 18.4% 2.7%
2015 3.6% 0.9%
2014 2.6% 4.2%
2013 4.3% 3.1%
2012 2.6% 1.8%
2011 11.2% 2%
2010 12.4% -2.4%
2009 3.8% -4.9%
2008 14.5% 15.1%
2007 10.4% 13.7%
2006 13.2% 11.7%
2005 6.4% 9%
2004 12.6% 6.8%
2003 13.5% 2.3%
2002 16.8% 0.2%
2001 9.1% 1.7%
2000 12.7% 1.6%
1999 2.9% 2.2%
1998 1.5% 2.9%
1997 7.4% 2.7%

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

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

Over the past 29 years, Mozambique has recorded an average annual inflation rate of 8.18%, compared with 2.99% in Qatar. In 2025, inflation was 4.4% in Mozambique and 0.6% in Qatar.

Top exports between countries

Mozambique
Export category Export value
Raw materials & minerals $817K
Raw agricultural goods $37K
Textiles & consumer goods $37K
Animal & marine products $17K
Chemicals & pharma $7K
Processed food, beverages & tobacco $5K
Machinery & equipment $3K
Precious metals & jewellery $3K
Metals $1K
Qatar
Export category Export value
Raw materials & minerals $42.6M
Machinery & equipment $3.11M
Chemicals & pharma $1.48M
Wood & paper products $158K
Miscellaneous $34K

Balance of trade

Mozambique Qatar
Current account balance
-$2.49B
2024
$31.9B
2025
Current account balance ranking
148/190
2024
17/190
2025
Current account balance, % of GDP
-11%
2024
+14.8%
2025
Goods imports
$8.38B
2024
$34.3B
2025
Goods exports
$8.21B
2024
$90B
2025
Service imports
$2.11B
2024
$31.3B
2025
Service exports
$1.15B
2024
$24.4B
2025
Imports of goods and services, % of GDP
55.7%
2025
31.6%
2022
Exports of goods and services, % of GDP
41.4%
2025
68.6%
2022

Economic freedom indices

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

Mozambique Qatar
Economic freedom 49.6 70.2
Economic freedom ranking 164/197 37/197
Property rights 29.7 66.2
Government integrity 25.1 53.5
Judicial effectiveness 43.4 41.5
Tax burden 75.8 99.9
Government spending 67 79.9
Fiscal health 39.1 96.6
Business freedom 40.2 68
Labor freedom 47.7 58.5
Monetary freedom 76.2 76
Trade freedom 71.2 81.8
Investment freedom 40 60
Financial freedom 40 60

Economic freedom comparison by year

Mozambique
Qatar
1x
Year Economic freedom index
Mozambique Qatar
2026 49.6 70.2
2025 50.7 70.2
2024 50.7 68.8
2023 52.5 68.6
2022 51.3 67.7
2021 51.6 72
2020 50.5 72.3
2019 48.6 72.6
2018 46.3 72.6
2017 49.9 73.1
2016 53.2 70.7
2015 54.8 70.8
2014 55 71.2
2013 55 71.3
2012 57.1 71.3
2011 56.8 70.5
2010 56 69
2009 55.7 65.8
2008 55.4 62.2
2007 54.7 62.9
2006 51.9 62.4
2005 54.6 63.5
2004 57.2 66.5
2003 58.6 65.9
2002 57.7 61.9
2001 59.2 60
2000 52.2 62
1999 48.9 62
1998 43 -
1997 44 -
1996 48.4 -
1995 45.5 -

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

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

The Economic Freedom Index for Mozambique is 49.6, ranking 164/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mozambique Qatar
Services, % of GDP
42%
2025
47%
2025
Industry, % of GDP
22.1%
2025
57%
2025
Agriculture, forestry, and fishing, % of GDP
25.6%
2025
0.31%
2025
GNI, Atlas method
$20.4B
2025
$221B
2025
GNI per capita, PPP
$1,540
2025
$126,290
2025
Total reserves including gold
$3.84B
2024
$55.8B
2025
Total reserves ranking
112/177
2024
45/177
2025
Net foreign direct investment
-$3.55B
2024
$311M
2025
Net inflows of foreign direct investment
$3.51B
2024
$460M
2024
Net outflows of foreign direct investment
-$44.1M
2024
$1.56B
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
30.6%
2022

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/qatar | 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. 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.