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Full meaning African Union Community of Sahel–Saharan States Common Market for Eastern and Southern Africa Economic Community of West African States Foreign direct investment Gross domestic product Inclining block tariff(s) International Monetary Fund Independent power producer Kilowatt Kilowatt hour Liquid petroleum gas Megawatt Pay as you go Power purchase agreement Private public partnership Standard and Poors Global Ratings Sub-Saharan Africa Transmission and distribution Time of use West African Economic and Monetary Union United Nations Industrial Development Organization Value added tax World Bank Regulatory Indicators for Sustainable Energy General government debt-to-GDP ratio measures the gross debt of the general government as a percentage of GDP. Debt is calculated as the sum of the following liability categories (as applicable): currency and deposits; debt securities, loans; insurance, pensions and standardised guarantee schemes, and other accounts payable. This percentage is calculated from the number of mobile cellular subscriptions per 100 adults. Occasionally a single user will have more than one mobile subscription and so it is possible for this value to exceed 100%. 190 countries ranked This includes all renewable energy sources (solar, wind, small hydro, geothermal and biomass and waste), and excludes large hydro (above 50 MW) and nuclear. Disclosed share of foreign investment in the clean energy sector (of both local and foreign investment in clean energy, this tells us the amount of foreign investment in clean energy). This includes all renewable energy sources (solar, wind, small hydro, geothermal and biomass and waste), and excludes large hydro (above 50 MW) and nuclear. Upgraded in November 2019 Downgraded in January 2017 Downgraded to CC in March 2016, further downward to SD in April 2016, back to B- in April 2016, upward to CCC in May 2016, and back down to CC in November 2016 As per the 2017 tariff book. Mozambique is not part of SACU yet. As per the 2017 tariff book. Mozambique is not part of SACU yet. As per the 2017 tariff book. Mozambique is not part of SACU yet. As per the 2017 tariff book As per the 2017 tariff book As per the 2017 tariff book The median time (the value for 50 percent of shipments) from port of discharge to arrival at the consignee. Refers to all types of entry ports. Unit is days. Year is 2018, unless specified otherwise. The real economic growth, or real GDP growth rate, measures economic growth as it relates to the GDP from one period to another, adjusted for inflation, and expressed in real terms as opposed to nominal terms. The real economic growth rate considers inflation in its measurement of economic growth, unlike the nominal GDP growth rate, which does not. 167 countries ranked. Scores are averaged across 2012, 2014, 2016 and 2018 with the last year weighing most of the score. See "Source" below for more details.

The components analysed in the International LPI include:
• The efficiency of customs and border management clearance;
• The quality of transport infrastructure;
• The ease of arranging shipments;
• The quality of logistics services;
• The ability of tracking and tracing;
• The frequency with which shipments reach consignees within expected delivery times.


The Mozambican economy has seen a gradual slow down over the last few years. Annual gross domestic product (GDP) growth declined from 6.7% in 2015 to below 4% for the period between 2016 and 2018, and remains low at 2.2% for 2019. Annual GDP per capita remains below €450 in real terms, which is lower than many other economies on the continent and lower than Mozambique’s 2015 figure of €480. Mozambique’s investment rating has been volatile, undergoing several downgrades by both Moody’s and Standard & Poor’s (S&P) in 2016, and reaching a selective default rating. The country found slight rating relief in the form of an upgrade in late 2019 to Caa2 and CCC+ by the respective agencies.

Inflation dropped to 5.6% in 2019 reversing two consecutive years at a rate of 8.6%, which can be partly attributed to stable currency exchange rates. In the three years since 2017, the Mozambican metical (MT) has maintained relatively consistent exchange levels, staying around the MT60 mark against the US dollar and the MT70 mark against the euro.

Investment in the country has slowed significantly, yet inflows of foreign direct investment (FDI) remain high relative to national GDP at more than 18% in 2018. While this is a minor increase from the previous year, FDI accounted for more than 24% of GDP in the three years before. It should be noted that FDI rarely exceeds 5% in other economies in Africa, barring a few exceptions.

The Agency for Promotion of Investment and Exports (APIEX) is responsible for promoting, supporting and managing export and investment in the country. They provide a comprehensive suite of services offered in Portuguese, English and Mandarin to streamline legal, administrative and other business functions. Energy forms one of six APIEX target sectors, and is separate from oil and gas.

Mozambique does not provide tax relief in the form of VAT exemptions on renewable energy technology, charging the standard 17% on sales of solar panels, wind turbines and batteries. Import duty of 7.5% applies to solar panels and batteries, and 5% on wind turbines.
Regional affiliation
Official language(s)
National currency
Presence of port
Port of Maputo, Port of Beira, Port of Pemba, Port of Nacala, Port of Quelimane
Next planned election and cycle length
2024 - 5 years


% urban population of total population
% rural population of total population
Population growth rate
Working age (15-64) share of total population
Working age (15-64)
Rest of population
Urbanisation rate (% urban population growth)


Mobile telecom operators
Vodacom Mozambique
All three connectivity indicators
% penetration of mobile cellular subscriptions
% penetration of mobile money
% population with access to internet

Logistics, Import duties and value added tax


Median lead time to import
5 days
Aggregated Logistics Performance Index ranking

Import Duties and Value-Added Tax

Import Duties
Solar panels
Wind turbines
Batteries (for renewable energy storage)
Solar Panels
Wind turbines
Batteries (for renewable energy storage)

Business intelligence

Energy Ranking

Climatescope ranking
WB RISE ranking


Real GDP growth
GDP/capita, real
SSA average
GDP/capita, real
SSA average
GDP/capita, real
Debt to GDP ratio (gross debt)
Inflation rate
Exchange rate
Currency exchange rate vs. EUR and USD
Currency exchange rate vs. EUR
Currency exchange rate vs. USD
Total volume of clean energy investment
% foreign investment in clean energy
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