Service imports in Mozambique
Mozambique: Service imports was 2.11 billion BoP, current US$ in 2024. ▲ Rising
Service imports in Mozambique, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Mozambique recorded 2.11 billion BoP, current US$ for service imports in 2024.
That represents a change of up 5.6% on the previous year and down 42.2% over ten years.
Over the whole period, service imports in Mozambique peaked at 4.50 billion BoP, current US$ in 2012 and was at its lowest, 648.57 million BoP, current US$, in 2005.
That places Mozambique 126th out of 200 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Service imports in Mozambique, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 648.57 million BoP, current US$ | — |
| 2006 | 749.63 million BoP, current US$ | +15.6% |
| 2007 | 856.53 million BoP, current US$ | +14.3% |
| 2008 | 965.33 million BoP, current US$ | +12.7% |
| 2009 | 1.04 billion BoP, current US$ | +8.2% |
| 2010 | 1.21 billion BoP, current US$ | +16.2% |
| 2011 | 2.25 billion BoP, current US$ | +85.4% |
| 2012 | 4.50 billion BoP, current US$ | +99.8% |
| 2013 | 3.90 billion BoP, current US$ | -13.2% |
| 2014 | 3.66 billion BoP, current US$ | -6.3% |
| 2015 | 3.01 billion BoP, current US$ | -17.7% |
| 2016 | 3.12 billion BoP, current US$ | +3.5% |
| 2017 | 2.83 billion BoP, current US$ | -9.1% |
| 2018 | 4.39 billion BoP, current US$ | +55.0% |
| 2019 | 2.79 billion BoP, current US$ | -36.4% |
| 2020 | 2.79 billion BoP, current US$ | +0.0% |
| 2021 | 2.57 billion BoP, current US$ | -7.8% |
| 2022 | 2.59 billion BoP, current US$ | +0.9% |
| 2023 | 2.00 billion BoP, current US$ | -22.9% |
| 2024 | 2.11 billion BoP, current US$ | +5.6% |
Mozambique compared with similar countries
- Mozambique's 2.11 billion BoP, current US$ is above the median for low income countries, which is 1.11 billion BoP, current US$, 1.9× the median. (23 countries reporting)
- Mozambique's 2.11 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 1.54 billion BoP, current US$, 1.4× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 852.87 million BoP, current US$ | 648.57 million BoP, current US$ | 1.04 billion BoP, current US$ | 5 |
| 2010s | 3.17 billion BoP, current US$ | 1.21 billion BoP, current US$ | 4.50 billion BoP, current US$ | 10 |
| 2020s | 2.41 billion BoP, current US$ | 2.00 billion BoP, current US$ | 2.79 billion BoP, current US$ | 5 |
Countries ranked near Mozambique
- 124 South Sudan 2.19 billion BoP, current US$ compare
- 125 Moldova 2.17 billion BoP, current US$ compare
- 127 Cayman Islands 2.00 billion BoP, current US$ compare
- 128 Zambia 1.99 billion BoP, current US$ compare
- 129 Maldives 1.89 billion BoP, current US$ 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$), annual growth rate 5.66 % change on previous year (2024)
Frequently asked questions
- What is service imports in Mozambique?
- Service imports in Mozambique was 2.11 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Mozambique?
- The highest recorded value was 4.50 billion BoP, current US$ in 2012.
- What is the lowest service imports recorded in Mozambique?
- The lowest recorded value was 648.57 million BoP, current US$ in 2005.
- How does Mozambique rank for service imports?
- Mozambique ranks 126th out of 200 countries with data for 2024.
- Is service imports rising or falling in Mozambique?
- Over the last ten years it is down 42.2%. The long-run trend across the full record is rising.
- Where does this Mozambique data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.