Skip to content

Economy of Mozambique vs Slovenia compared: GDP & Debt

Updated on by Georank team

Mozambique has a GDP of $22.7B compared to $73B for Slovenia, ranking 123/197 and 86/197 by economy size, respectively.

Mozambique has $21.2B in government debt (93.2% of GDP), compared to $48.6B (66.6% of GDP) in Slovenia.

Mozambique vs Slovenia GDP by year

Mozambique
Slovenia
1x
Year GDP, current $
Mozambique Slovenia
2024 $22,745,341,305 $72,972,015,197
2023 $20,921,079,533 $69,255,264,238
2022 $18,883,528,581 $59,899,117,741
2021 $16,168,055,475 $61,540,813,362
2020 $14,235,420,174 $53,384,760,135
2019 $15,512,759,047 $53,909,922,736
2018 $15,017,358,953 $53,689,067,640
2017 $13,264,640,646 $48,153,200,135
2016 $12,069,051,237 $44,290,685,824
2015 $16,208,985,770 $42,709,468,275
2014 $17,978,246,586 $49,514,466,380
2013 $17,198,073,057 $47,867,056,859
2012 $16,688,114,144 $46,167,053,954
2011 $14,619,279,989 $51,199,194,599
2010 $11,411,894,724 $47,793,117,241
2009 $12,263,894,790 $49,975,540,955
2008 $12,920,340,965 $55,509,332,322
2007 $10,811,456,006 $47,880,266,543
2006 $9,509,835,537 $39,260,368,837
2005 $8,868,504,900 $35,947,936,824
2004 $7,937,255,565 $34,156,553,313
2003 $6,583,526,861 $29,360,575,032
2002 $5,950,769,427 $23,214,593,516
2001 $5,650,154,067 $20,668,868,707
2000 $5,930,685,215 $20,159,190,702
1999 $6,285,219,691 $22,609,669,084
1998 $5,551,118,149 $22,058,635,314
1997 $4,873,663,775 $20,726,878,752
1996 $4,030,146,135 $21,470,699,363
1995 $3,061,646,174 $21,367,422,159
1994 $2,958,108,170 $16,400,767,070
1993 $2,883,161,897 $14,449,298,372
1992 $2,798,696,511 $14,277,261,541
1991 $3,854,856,435 $14,454,495,059
1990 - $19,832,029,087

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

GDP per capita in Mozambique vs Slovenia by year

Mozambique
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mozambique Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $657 $1,705 $34,301 $57,186
2023 $622 $1,678 $32,660 $56,064
2022 $578 $1,582 $28,360 $52,347
2021 $510 $1,457 $29,193 $45,914
2020 $462 $1,412 $25,392 $41,767
2019 $519 $1,389 $25,814 $42,373
2018 $518 $1,326 $25,888 $38,620
2017 $471 $1,283 $23,303 $36,180
2016 $441 $1,379 $21,448 $33,575
2015 $611 $1,318 $20,697 $31,336
2014 $697 $1,166 $24,013 $30,572
2013 $687 $1,114 $23,237 $29,634
2012 $686 $1,076 $22,442 $28,787
2011 $618 $1,064 $24,941 $28,716
2010 $496 $1,000 $23,330 $27,579
2009 $548 $951 $24,502 $27,229
2008 $592 $916 $27,462 $29,461
2007 $508 $862 $23,725 $27,468
2006 $457 $798 $19,563 $25,571
2005 $437 $721 $17,970 $23,682
2004 $400 $673 $17,104 $22,588
2003 $339 $620 $14,712 $20,916
2002 $314 $580 $11,639 $20,004
2001 $305 $533 $10,376 $18,763
2000 $327 $472 $10,136 $17,892
1999 $354 $468 $11,401 $17,007
1998 $320 $422 $11,132 $15,994
1997 $287.5 $387 $10,437 $15,257
1996 $244.4 $350 $10,797 $14,284
1995 $191.8 $321 $10,738 $13,637
1994 $196.8 $326 $8,244 $13,975
1993 $205.2 $321 $7,255 $12,976
1992 $205.6 $292 $7,151 $12,296
1991 $288.7 $315 $7,229 $12,698
1990 - $296 $9,925 $13,491

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

Mozambique's GDP per capita is $657, ranking 189/197, compared to $34,301 in Slovenia, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Mozambique ranks 192nd at $1,705, while Slovenia ranks 37th at $57,186.

Economic indicators

Mozambique Slovenia
Gross domestic product
$22.7B
2024
$73B
2024
GDP rank
123/197
2024
86/197
2024
GDP growth
2.15%
2023-2024
1.73%
2023-2024
GDP per capita
$657
2024
$34,301
2024
GDP per capita rank
189/197
2024
34/197
2024
GDP per capita, PPP
$1,705
2024
$57,186
2024
GDP per capita PPP rank
192/197
2024
37/197
2024
Government debt
$21.2B
2024
$48.6B
2024
Debt-to-GDP ratio
93.2%
2024
66.6%
2024
Government debt per person
$612
2024
$22,842
2024
Government debt per person rank
159/185
2024
29/185
2024
Average annual personal income after taxes
$1,778
2026
$22,215
2026
Market capitalization of domestic companies n/a
$11.4B
2024
Income share by richest 10%
40.8%
2022
20.6%
2023
Income share by poorest 10%
1.7%
2022
4.1%
2023
Government expenditure, % of GDP
33.2%
2024
46.5%
2024
Consumer prices inflation
3.2%
2023-2024
1.97%
2023-2024
Central bank interest rate
9.75%
2025
n/a
Unemployment rate
6.79%
2022
3.7%
2024
Population
36941128
2124138

Spending and national debt comparison by year

Mozambique
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Mozambique Slovenia
Government spending Government debt Government spending Government debt
2024 33.2% 93.2% 46.5% 66.6%
2023 33.3% 90.9% 46.4% 68.3%
2022 32.9% 100.3% 47.7% 72.8%
2021 32.1% 104.3% 49.9% 74.8%
2020 33.9% 120% 51.8% 80.2%
2019 28% 98.3% 43.8% 66%
2018 32.9% 105.5% 44.1% 71%
2017 29.5% 103.8% 44.6% 74.9%
2016 29.1% 124.8% 46.9% 79.4%
2015 32.2% 86% 49.5% 83.4%
2014 39.7% 63.4% 50.6% 81.1%
2013 31.7% 49.5% 57.7% 70.8%
2012 28.1% 36.7% 50% 54.1%
2011 28.9% 34.2% 51.4% 46.8%
2010 26.7% 38.6% 50.7% 38.6%
2009 25.7% 39.3% 50% 34.9%
2008 21.3% 32.8% 45.2% 21.9%
2007 20.9% 31.2% 43.5% 22.9%
2006 20.1% 40% 45.7% 26.2%
2005 17% 60.1% 46.7% 26.6%
2004 17.8% 50.8% 46.9% 27.1%
2003 18.6% 63.2% 47.6% 27%
2002 18.6% 63.4% 47.8% 27.7%
2001 20.8% 99.8% 49.2% 26.3%
2000 17.2% 95.8% 47.8% 26.1%
1999 15.6% 94.7% 47.2% 23.8%
1998 14.9% - 46.4% 22.8%
1997 16.5% - 45.4% 22.1%
1996 14.9% - 45.2% 21.6%
1995 18.8% - 53% 18.2%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

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

In 2024, Mozambique's government spending was $7.56B, accounting for 33.2% of its GDP, while Slovenia spent $33.9B, or 46.5% of GDP.

Debt-to-GDP ratio is 93.2% in Mozambique and 66.6% in Slovenia, ranking 28/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Mozambique

Slovenia
1x
Year Deficit/surplus, % of GDP
Mozambique Slovenia
2024 -6.17% -0.93%
2023 -4.26% -2.59%
2022 -5.22% -3.02%
2021 -5.23% -4.61%
2020 -6.19% -7.68%
2019 1.7% 0.68%
2018 -7.39% 0.9%
2017 -2.9% 0.05%
2016 -5.42% -2%
2015 -6.55% -2.84%
2014 -9.75% -4.53%
2013 -2.46% -11.2%
2012 -3.45% -4.2%
2011 -4.34% -6.69%
2010 -3.5% -5.56%
2009 -4.35% -5.87%
2008 -1.9% -1.44%
2007 -2.19% -0.08%
2006 -3.03% -1.26%
2005 -2.06% -1.38%
2004 -3.17% -1.98%
2003 -2.64% -2.66%
2002 -3.36% -2.47%
2001 -4.43% -4.58%
2000 -1.26% -3.77%
1999 -0.31% -3.04%
1998 -1.08% -2.39%
1997 -1.81% -2.37%
1996 -2.07% -1.16%
1995 -2.46% -8.19%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

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

In 2024, Mozambique's government deficit, the difference between spending and revenue, was $1.4B, equivalent to 6.17% of GDP. This compares to Slovenia's deficit of $681M, or 0.93% of GDP.

Over the past 30 years, Mozambique recorded a fiscal deficit in 29 of those years, while Slovenia ran a deficit in 27 years. On average, Mozambique posted an annual deficit equal to 3.58% of GDP, compared to deficit of 3.23% of GDP for Slovenia.

Inflation comparison by year

Inflation
Mozambique

Slovenia
1x
Year Consumer prices inflation
Mozambique Slovenia
2024 3.2% 1.97%
2023 7% 7.45%
2022 10.4% 8.83%
2021 6.6% 1.92%
2020 0.9% -0.05%
2019 5.7% 1.63%
2018 3.2% 1.74%
2017 15.8% 1.43%
2016 18.4% -0.05%
2015 3.6% -0.53%
2014 2.6% 0.2%
2013 4.3% 1.77%
2012 2.6% 2.6%
2011 11.2% 1.8%
2010 12.4% 1.8%
2009 3.8% 0.84%
2008 14.5% 5.65%
2007 10.4% 3.66%
2006 13.2% 2.46%
2005 6.4% 2.45%
2004 12.6% 3.59%
2003 13.5% 5.54%
2002 16.8% 7.48%
2001 9.1% 8.38%
2000 12.7% 8.91%
1999 2.9% 6.16%
1998 1.5% 7.89%
1997 7.4% 8.36%

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/mozambique/slovenia | CC BY

Over the past 28 years, Mozambique has recorded an average annual inflation rate of 8.31%, compared with 3.71% in Slovenia. In 2024, inflation was 3.2% in Mozambique and 1.97% in Slovenia.

Top exports between countries

Mozambique
Export category Export value
Metals $11.7M
Raw materials & minerals $5.49M
Processed food, beverages & tobacco $2K
Slovenia
Export category Export value
Metals $212K
Machinery & equipment $68K
Wood & paper products $40K
Textiles & consumer goods $30K
Chemicals & pharma $16K
Raw materials & minerals $5K

Balance of trade

Mozambique Slovenia
Current account balance
-$2.49B
2024
$3.32B
2024
Current account balance ranking
150/190
2024
37/190
2024
Current account balance, % of GDP
-11%
2024
+4.55%
2024
Goods imports
$8.38B
2024
$45.2B
2024
Goods exports
$8.21B
2024
$45.6B
2024
Service imports
$2.11B
2024
$9.52B
2024
Service exports
$1.15B
2024
$13.6B
2024
Imports of goods and services, % of GDP
52.8%
2024
74.7%
2024
Exports of goods and services, % of GDP
42.8%
2024
80.9%
2024

Economic freedom indices

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

Mozambique Slovenia
Economic freedom 49.6 69.7
Economic freedom ranking 164/197 40/197
Property rights 29.7 87.6
Government integrity 25.1 66.1
Judicial effectiveness 43.4 91.6
Tax burden 75.8 55.5
Government spending 67 34.1
Fiscal health 39.1 83.5
Business freedom 40.2 78.7
Labor freedom 47.7 62.7
Monetary freedom 76.2 77.5
Trade freedom 71.2 79.4
Investment freedom 40 70
Financial freedom 40 50

Economic freedom comparison by year

Mozambique
Slovenia
1x
Year Economic freedom index
Mozambique Slovenia
2026 49.6 69.7
2025 50.7 68.3
2024 50.7 65.9
2023 52.5 68.5
2022 51.3 70.5
2021 51.6 68.3
2020 50.5 67.8
2019 48.6 65.5
2018 46.3 64.8
2017 49.9 59.2
2016 53.2 60.6
2015 54.8 60.3
2014 55 62.7
2013 55 61.7
2012 57.1 62.9
2011 56.8 64.6
2010 56 64.7
2009 55.7 62.9
2008 55.4 60.2
2007 54.7 59.6
2006 51.9 61.9
2005 54.6 59.6
2004 57.2 59.2
2003 58.6 57.7
2002 57.7 57.8
2001 59.2 61.8
2000 52.2 58.3
1999 48.9 61.3
1998 43 60.7
1997 44 55.6
1996 48.4 50.4
1995 45.5 -

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

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

The Economic Freedom Index for Mozambique is 49.6, ranking 164/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mozambique Slovenia
Services, % of GDP
41.1%
2024
57.9%
2024
Industry, % of GDP
21.9%
2024
29.1%
2024
Agriculture, forestry, and fishing, % of GDP
25.2%
2024
1.54%
2024
GNI, Atlas method
$19.1B
2024
$67.6B
2024
GNI per capita, PPP
$1,520
2024
$56,520
2024
Total reserves including gold
$3.84B
2024
$2.83B
2024
Total reserves ranking
108/177
2024
118/177
2024
Net foreign direct investment
-$3.55B
2024
-$405M
2024
Net inflows of foreign direct investment
$3.51B
2024
$1.87B
2024
Net outflows of foreign direct investment
-$44.1M
2024
$1.46B
2024
Servicing debt to the IMF, % of GNI
22.4%
2024
n/a
Poverty at national poverty lines
65%
2022
12.7%
2022
Gross capital formation, % of GDP
17.7%
2024
21.5%
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/mozambique/slovenia | 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 (1985–2024, 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.