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» Population 24 million (est 2013) » GDP (PPP) $26.22 billion (2012 est) » GDP/capita (PPP) $1,200 » Labor force 10.1 million (2012 est) » Unemployment.

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Presentation on theme: "» Population 24 million (est 2013) » GDP (PPP) $26.22 billion (2012 est) » GDP/capita (PPP) $1,200 » Labor force 10.1 million (2012 est) » Unemployment."— Presentation transcript:

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2 » Population 24 million (est 2013) » GDP (PPP) $26.22 billion (2012 est) » GDP/capita (PPP) $1,200 » Labor force 10.1 million (2012 est) » Unemployment rate 17% (2007 est)

3 Table C-3 Mozambique Peers and Twins Rank 2000 1997 % of U.S. 1960 % of U.S. 2000 % of U.S. Blue Line Avg per capita growth 2000- 2013 above below PopAbove Land Locked Civil war Zimbabwe216.3%9.2%2.5%3.56-2.4%-5.912.6Noyes Burundi21.9%4.3%1.2%3.641.8%-3.68.9 No yes Malawi93.3%3.1%1.6%3.593.0%-0.5917Noyesno Uganda157.2%5.2%2.2%3.573.5%-0.1137Noyes Chad232.8%7.9%2.5%3.563.8%0.2211.Yesyes Mozambique44.6%7.8%1.4%3.605.4%1.823yesnoyes Ethiopia52.1%2.2%1.4%3.605.9%2.391Yesyes Angola532.7%7.9%6.4%3.43.6%-3.421Yesnoyes Botswana98 19.5 % 5.0%25%2.92.6%-0.241.9yes no

4 Source: IMF Country Report

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6  The Mozambican metical has become weaker over the years thus promoting trade  Inflation has dropped over time from a peak of 63 % in 1994 and now currently at around 10% Source: World Development Indicators

7  Adult literacy has increased by ( 44.94%) since 1997  Female literacy rate has had the most significant increase since 1997 increasing by(72.67%)  Male literacy rate has had a modest increase of (29.14%) since 1997 Source: World Development Indicators

8  The GINI of Mozambique since 1996 has increased over time with the GINI in 2004 at 45.66  People who live below the poverty line of $1.25/day have decreased by 38.94% since 1996  Those who live below the poverty line of $2/day have decrease by 26.97% since 1996

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13  Mozambique’s main contributor to GDP is the services sector(tourism, telecommunications and finance)  Agriculture makes the second largest contributor (tobacco, sugar, cotton, timber, cashews)  Industry is the smallest contributor (manufacturing, aluminum, coal, minerals, natural gas)

14 The services industry shrunk after the financial crisis, and agriculture increased

15  Value added by Industry has been increasing since 1992 it is currently around 24%  Value added by Agriculture has been decreasing since 1989 (a good sign) it is now around 29%  And value added by services and other sectors has been increasing since 1989 it is now around 47% Source: World Development Indicators

16 Trade made up 74.52% of Mozambique’s GDP in 2011 Exports of goods and services made up 28.98% of GDP Source: World Development Indicators

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18 Source: IMF Country Report

19  Mozambique is struggling with resolving insolvencies, enforcing contracts and making credit easily available

20  Foreign direct investment has increased gradually since 1989 and started increasing at a very high rate since 2005 increasing by 775.80% from 1.86% to 16.29% Source: World Development Indicators

21 Source: IMF Country Report

22 » Recommendations: » Invest more on agriculture-with focus on bio fuels (ethanol and bio diesel) » Improve infrastructure to keep up with growing capacity » Strengthen service sector through improvement of regulation and institutions » Improve availability of education » Make credit easily accessible: Microfinance » Improve on their tax collection methods to increase tax revenue

23 Bibliography » International Monetary Fund. (2013). Country Report Republic of Mozambique: fifth review under the policy support instrument and request for modification of assessment criteria. Retrieved April 20, 2013 from: http://www.imf.org/external/pubs/ft/scr/2013/cr1301.pdf http://www.imf.org/external/pubs/ft/scr/2013/cr1301.pdf » International Monetary Fund.(2013) Country Report Republic of Mozambique fourth review under the policy support instrument and request for modification of assessment criteria. Retrieved April, 2013 from: http://www.imf.org/external/pubs/ft/scr/2011/cr11149.pdf http://www.imf.org/external/pubs/ft/scr/2011/cr11149.pdf » World Bank. (2013). Doing Business. April, 2013, from http://www.doingbusiness.org/~/media/giawb/doing%20business/ documents/profiles/country/MOZ.pdf. http://www.doingbusiness.org/~/media/giawb/doing%20business/ documents/profiles/country/MOZ.pdf » World Bank. (2013) [Data file]. Retrieved from http://data.worldbank.org/ http://data.worldbank.org/

24 » Pekka Virtanen & Dag Ehrenpreis, (2007). Growth, Poverty and Inequality in Mozambique“ Retrieved April 30, 2013, from: http://www.ipc-undp.org/pub/IPCCountryStudy10.pdfhttp://www.ipc-undp.org/pub/IPCCountryStudy10.pdf » Channing Arndt; M. Azhar Hussain; E. Samuel Jones; Virgulino Nhate; Finn Tarp & James Thurlow, (2011). ‘Explaining Poverty Evolution: The Case of Mozambique’ Retrieved April 30, 2013, from: http://www.wider.unu.edu/stc/repec/pdfs/wp2011/wp2011- 17.pdf http://www.wider.unu.edu/stc/repec/pdfs/wp2011/wp2011- 17.pdf » Finn Tarp; Channing Arndt; Henning Tarp Jensen; Sherman Robinson and Rasmus Heltberg, (2002) ‘Facing the Development Challenge in Mozambique An Economy wide Perspective’ Retrieved April 30, 2013 from: http://www.ifpri.org/sites/default/files/pubs/pubs/abstract/ 126/rr126.pdf http://www.ifpri.org/sites/default/files/pubs/pubs/abstract/ 126/rr126.pdf » J. O’s The Economist (2013) ‘Growth and Other Good things’ Retrieved May 2, 2013 From: http://www.economist.com/blogs/baobab/2013/05/develop ment-africa http://www.economist.com/blogs/baobab/2013/05/develop ment-africa


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