Gross savings (current LCU), per unit of GDP in Mozambique
Mozambique: Gross savings (current LCU), per unit of GDP was 1.09 current LCU per US$ of GDP in 2024. ◆ Volatile
Gross savings (current LCU), per unit of GDP in Mozambique, 2005–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross savings (current lcu), per unit of gdp in Mozambique is 1.09 current LCU per US$ of GDP, measured in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 36.1% on the previous year and down 62.9% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Mozambique peaked at 12.32 current LCU per US$ of GDP in 2019 and was at its lowest, 1.09 current LCU per US$ of GDP, in 2024.
That places Mozambique 104th out of 178 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), per unit of GDP in Mozambique, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2005 | 2.21 current LCU per US$ of GDP | — |
| 2006 | 2.86 current LCU per US$ of GDP | +29.4% |
| 2007 | 3.35 current LCU per US$ of GDP | +17.2% |
| 2008 | 3.33 current LCU per US$ of GDP | -0.7% |
| 2009 | 3.23 current LCU per US$ of GDP | -2.9% |
| 2010 | 4.14 current LCU per US$ of GDP | +28.1% |
| 2011 | 3.74 current LCU per US$ of GDP | -9.6% |
| 2012 | 2.97 current LCU per US$ of GDP | -20.7% |
| 2013 | 3.29 current LCU per US$ of GDP | +10.7% |
| 2014 | 2.94 current LCU per US$ of GDP | -10.6% |
| 2015 | 4.69 current LCU per US$ of GDP | +59.5% |
| 2016 | 4.26 current LCU per US$ of GDP | -9.1% |
| 2017 | 6.67 current LCU per US$ of GDP | +56.5% |
| 2018 | 8.2 current LCU per US$ of GDP | +22.9% |
| 2019 | 12.32 current LCU per US$ of GDP | +50.3% |
| 2020 | 10.48 current LCU per US$ of GDP | -14.9% |
| 2021 | 8.24 current LCU per US$ of GDP | -21.4% |
| 2022 | 5.37 current LCU per US$ of GDP | -34.8% |
| 2023 | 1.71 current LCU per US$ of GDP | -68.2% |
| 2024 | 1.09 current LCU per US$ of GDP | -36.1% |
Mozambique compared with similar countries
- Mozambique's 1.09 current LCU per US$ of GDP is below the median for low income countries, which is 79.11 current LCU per US$ of GDP, 1% of the median. (20 countries reporting)
- Mozambique's 1.09 current LCU per US$ of GDP is below the median for Sub-Saharan Africa, which is 54.82 current LCU per US$ of GDP, 2% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3 current LCU per US$ of GDP | 2.21 current LCU per US$ of GDP | 3.35 current LCU per US$ of GDP | 5 |
| 2010s | 5.32 current LCU per US$ of GDP | 2.94 current LCU per US$ of GDP | 12.32 current LCU per US$ of GDP | 10 |
| 2020s | 5.38 current LCU per US$ of GDP | 1.09 current LCU per US$ of GDP | 10.48 current LCU per US$ of GDP | 5 |
Countries ranked near Mozambique
- 101 Guatemala 1.5 current LCU per US$ of GDP compare
- 102 Suriname 1.38 current LCU per US$ of GDP compare
- 103 Libya 1.24 current LCU per US$ of GDP compare
- 105 Saudi Arabia 1.08 current LCU per US$ of GDP compare
- 106 Malaysia 1.07 current LCU per US$ of GDP compare
- 107 Papua New Guinea 0.9801 current LCU per US$ of GDP
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$), annual growth rate 5.66 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Mozambique?
- Gross savings (current lcu), per unit of gdp in Mozambique was 1.09 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Mozambique?
- The highest recorded value was 12.32 current LCU per US$ of GDP in 2019.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Mozambique?
- The lowest recorded value was 1.09 current LCU per US$ of GDP in 2024.
- How does Mozambique rank for gross savings (current lcu), per unit of gdp?
- Mozambique ranks 104th out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Mozambique?
- Over the last ten years it is down 62.9%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.