Mozambique Gross Savings Rate

Key information about Mozambique Gross Savings Rate

• Mozambique Gross Savings Rate was measured at 4.8% in Dec 2023, compared with 4.8% in the previous year.
• Mozambique Gross Savings Rate is updated yearly, with data available from Dec 1969 to Dec 2022, and an average rate of 4.8%.
• The data reached an all-time high of 4.8% in Dec 1990 and a record low of -7.6% in Dec 1994.
• CEIC calculates annual Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. National Institute of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency. Gross Domestic Savings Rate prior to 1991 is sourced from the International Monetary Fund.
• In the latest reports, Mozambique GDP expanded 2.0% YoY in Dec 2018.
• Mozambique Nominal GDP reached 15,777.0 USD mn in Dec 2021. Its GDP deflator (implicit price deflator) increased 5.3% in Dec 2023.
• Mozambique GDP Per Capita reached 466.6 USD in Dec 2020.

View Mozambique's Gross Savings Rate from 1969 to 2022 in the chart:

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What was Mozambique's Gross Savings Rate in 2022?

Mozambique Gross Savings Rate was measured at 4.8% in Dec 2023, compared with 4.8% in the previous year. See the table below for more data.

Gross Savings Rate by Country Comparison

Mozambique Key Series

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