Mozambique vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Mozambique ranked 124th with $14.7B. By GDP 5-years average growth and GDP per capita, South Africa and Mozambique ranked 151st vs 35th and 95th vs 192nd, respectively.

Gross Domestic Product & Income

StatMozambiqueSouth Africa
GDP$14.7B$368.3B
GDP growth, 1 year3.3%0.8%
GDP growth, 5-years average5%1.1%
Population29.7M57.7M
GDP per capita$499$6.4k
GDP per capita growth0.46%-0.57%
Purchasing Power Parity conversion factor20.626.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.340.47
GDP per capita, PPP adjusted$1.3k$14k
GNI, Atlas method$13.6B$332.3B
GNI per capita$460$5.8k
GNI, PPP adjusted$42.2B$765.8B
GNI per capita, PPP adjusted$1.4k$13k

Financial system and Human development

StatMozambiqueSouth Africa
Income Tax Rate32%45%
Corporate Tax Rate32%28%
Inflation, consumer prices3.9%4.6%
Inflation, GDP deflator2.1%3.9%
Unemployment3.2%27%
Economic Freedom Index50.558.8
Personal Freedom Index6.466.92
Human Freedom Index6.146.78
Property Rights Index34.958.4
Judical Effectiveness Index31.738
Business Freedom Index55.362
Fiscal Health Index40.364
Labor Freedom Index41.758.8
Investment Freedom Index3545
Financial Freedom Index5050
Trade Freedom Index7875.8
Monetary Freedom Index7275.9
Government Spending Index69.667.4
Tax Burden Index74.163.7
Government Integrity Index23.246.6
Corruption Perceptions Index2343
Life expectancy at birth, years59.363.5
Suicide mortality rate, per 100,000 people4.911.6
Mortality caused by road traffic injury, per 100,000 people30.125.9
Intentional homicides, per 100,000 people3.435.9
International tourism, number of arrivals2.7M10.5M

Government debt & reserves

StatMozambiqueSouth Africa
Central government debt, % of GDP100.4%56.7%
External debt stocks, % of GNI107.6%50.6%
External debt stocks$15.2B$179.3B
Short-term debt, % of total reserves37.8%70.9%
Total debt service, % of exports and primary income13.1%19.9%
Adjusted net savings including particulate emission damage, % of GNI-13.5%0.6%
Gross savings, % of GDP12.9%14.9%
Gross capital formation, % of GDP49%17.9%
Total reserves including gold$3.3B$51.6B
Foreign direct investment net inflows$2.7B$5.5B

Exports, imports and economic structure

StatMozambiqueSouth Africa
Exports of goods and services, % of GDP47.8%29.9%
Imports of goods and services, % of GDP84.2%29.6%
Current account balance (balance of payments)-$4.5B-$13.4B
Revenue excluding grants, % of GDP0%30.9%
Grants excluding technical cooperation, BoP$1.3B$817.9M
Personal remittances received$296.1M$929M
Industry including construction value added, % of GDP24.3%25.9%
Agriculture, forestry and fishing value added, % of GDP24.5%2.2%
Charges for the use of intellectual property, payments BoP$2.9M$1.8B
Charges for the use of intellectual property, receipts BoP$122k$120.7M
Expense, % of GDP0%34.4%
Government Expenditure, % of GDP31.8%33%

Compare with countries close by GDP per capita

Mozambique vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M