Gross savings (current LCU), annual growth rate in Mozambique
Mozambique: Gross savings (current LCU), annual growth rate was -30.52 % change on previous year in 2024. ◆ Volatile
Gross savings (current LCU), annual growth rate in Mozambique, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross savings (current lcu), annual growth rate in Mozambique stood at -30.52 % change on previous year.
The figure is up 52.9% on the previous year and down 367.6% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Mozambique peaked at 71.99 % change on previous year in 2017 and was at its lowest, -64.79 % change on previous year, in 2023.
That places Mozambique 170th out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), annual growth rate in Mozambique, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 38.77 % change on previous year | — |
| 2007 | 33.24 % change on previous year | -14.3% |
| 2008 | 18.71 % change on previous year | -43.7% |
| 2009 | -7.82 % change on previous year | -141.8% |
| 2010 | 19.21 % change on previous year | -345.7% |
| 2011 | 15.8 % change on previous year | -17.7% |
| 2012 | -9.49 % change on previous year | -160.1% |
| 2013 | 14.11 % change on previous year | -248.7% |
| 2014 | -6.53 % change on previous year | -146.3% |
| 2015 | 43.81 % change on previous year | -771.1% |
| 2016 | -32.3 % change on previous year | -173.7% |
| 2017 | 71.99 % change on previous year | -322.9% |
| 2018 | 39.11 % change on previous year | -45.7% |
| 2019 | 55.27 % change on previous year | +41.3% |
| 2020 | -21.95 % change on previous year | -139.7% |
| 2021 | -10.69 % change on previous year | -51.3% |
| 2022 | -23.9 % change on previous year | +123.6% |
| 2023 | -64.79 % change on previous year | +171.1% |
| 2024 | -30.52 % change on previous year | -52.9% |
Mozambique compared with similar countries
- Mozambique's -30.52 % change on previous year is below the median for low income countries, which is 28.3 % change on previous year. (20 countries reporting)
- Mozambique's -30.52 % change on previous year is below the median for Sub-Saharan Africa, which is 12.85 % change on previous year. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.72 % change on previous year | -7.82 % change on previous year | 38.77 % change on previous year | 4 |
| 2010s | 21.1 % change on previous year | -32.3 % change on previous year | 71.99 % change on previous year | 10 |
| 2020s | -30.37 % change on previous year | -64.79 % change on previous year | -10.69 % change on previous year | 5 |
Countries ranked near Mozambique
- 167 Moldova -22.15 % change on previous year compare
- 168 Eswatini -24.07 % change on previous year compare
- 169 Sao Tome and Principe -24.65 % change on previous year compare
- 171 Lesotho -33.09 % change on previous year compare
- 172 Seychelles -61.83 % change on previous year compare
- 173 Lebanon -73.13 % change on previous year compare
More economy & growth data for Mozambique
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 8.46 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -44.11 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0019 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1.27 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.51 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1542 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 101.31 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.66 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), annual growth rate in Mozambique?
- Gross savings (current lcu), annual growth rate in Mozambique was -30.52 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Mozambique?
- The highest recorded value was 71.99 % change on previous year in 2017.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Mozambique?
- The lowest recorded value was -64.79 % change on previous year in 2023.
- How does Mozambique rank for gross savings (current lcu), annual growth rate?
- Mozambique ranks 170th out of 177 countries with data for 2024.
- Is gross savings (current lcu), annual growth rate rising or falling in Mozambique?
- Over the last ten years it is down 367.6%. The long-run trend across the full record is volatile.
- Where does this Mozambique data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.