» population 24 million (est 2013) » gdp (ppp) $26.22 billion (2012 est) » gdp/capita (ppp)...
Post on 27-Dec-2015
216 Views
Preview:
TRANSCRIPT
Mozambique
» Population 24 million (est 2013)
» GDP (PPP) $26.22 billion (2012 est)
» GDP/capita (PPP) $1,200
» Labor force 10.1 million (2012 est)
» Unemployment rate 17% (2007 est)
Table C-3 Mozambique Peers and Twins
Rank 2000
1997 % of U.S.
1960 % of U.S.
2000 % of U.S.
Blue Line Avg per capita growth 2000-2013
above below
Pop Above Land Locked
Civil war
Zimbabwe 21 6.3% 9.2% 2.5% 3.56 -2.4% -5.9 12.6 No yes yes
Burundi 2 1.9% 4.3% 1.2% 3.64 1.8% -3.6 8.9 No yes yes
Malawi 9 3.3% 3.1% 1.6% 3.59 3.0% -0.59 17 No yes no
Uganda 15 7.2% 5.2% 2.2% 3.57 3.5% -0.11 37 No yes yes
Chad 23 2.8% 7.9% 2.5% 3.56 3.8% 0.22 11. Yes yes yes
Mozambique 4 4.6% 7.8% 1.4% 3.60 5.4% 1.8 23 yes no yes
Ethiopia 5 2.1% 2.2% 1.4% 3.60 5.9% 2.3 91 Yes yes yes
Angola 53 2.7% 7.9% 6.4% 3.4 3.6% -3.4 21 Yes no yes
Botswana 98 19.5% 5.0% 25% 2.9 2.6% -0.24 1.9 yes yes no
Source: IMF Country Report
Figure 1: Mozambique real GDP
Source: IMF Country Report
Figure 2: Mozambique Reserves
19881989
19901991
19921993
19941995
19961997
19981999
20002001
20022003
20042005
20062007
20082009
20102011
20120
5
10
15
20
25
30
35
40
0%
10%
20%
30%
40%
50%
60%
70%
Figure 4: Mozambique exchange Rate vs. Inflation
Official exchange rate (LCU per US$, period average)Inflation, consumer prices (annual %)
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
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
1997 2003 2010
38.71%
48.16%
56.11%54.82%
65.58%
70.80%
24.96%
33.19%
42.85%
LiteracyAdult (15+) literacy rate (%). Total Adult (15+) literacy rate (%). Male Adult (15+) literacy rate (%). Female
Source: World Development Indicators
1996.5 2002.5 2007.50
10
20
30
40
50
60
70
80
90
81
75
60
42
35
2526
20
14
Poverty Rate (H) Poverty Gap (H*I) Gap Squared1996 2003 2008
44.4947.11 45.66
41.16
35.4
25.13
58.69
53.56
42.86
PovertyGINI index Poverty gap at $1.25 a day (PPP) (%)Poverty gap at $2 a day (PPP) (%)
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
lowest 2nd 3rd 4th 5th 6th 7th 8th 9th highest
3.1
4.85.4 5.7 5.9 6.1 6.1 6.1 5.9
3.6
Figure GIC-2: Mozambique Growth Incidence Curve (Gini fell from .47 in 2004 to .46 in 2008 up from .44 in 1996)
Growth 2003 to 2008 by decile Average per capita consp growth, $2005 PPP
Source: PovcalNet: the on-line tool for poverty measurement developed by the Development Research Group of the World Bank, http://iresearch.worldbank.org/PovcalNet/index.htm?1
-10 10 30 50 70 90 110-4.0
-2.0
0.0
2.0
4.0
6.0
8.0
10.0
12.0 China*
India*
U.S.
Indonesia*
Brazil
PAK
NGA*
BGD*Russia*
Mexico
Vietnam*ETH*
Egypt
DRC
Turkey*
Myanmar*
Thailand*
France
Italy
Korea
Spain
Argentina
Poland*
Yemen
TaiwanMozambique
Chile* HKG
Figure C-2 Convergence, "big-time" 2000-2013
Source: IMF WEO database October 2012 the size of each bubble is proportional to the population of that country.
Ave
rage
per
cap
ita g
row
th ra
te
2000 $PPP GDP as % of U.S. Zimbabwe
*These 12 "above the line" countries are home to almost 4 billion people.
1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 20100
0.5
1
1.5
2
2.5
3
3.5
4
4.5
Mozambique peer group
MWI UGA TCD BDI ZWE ETH MOZ
32%
23%
45%
GDP Composition by sector 2010
AgricultureIndustryServices
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)
79%
3%
18%
Economic contribution to labor force
AgricultureIndustryServices
Agriculture Industry Services0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
29%
24%
47%
32%
23%
45%
2008 2010
The services industry shrunk after the financial crisis, and agriculture increased
19891990
19911992
19931994
19951996
19971998
19992000
20012002
20032004
20052006
20072008
20092010
20110.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
Value added to GDP by sector
Industry, value added (% of GDP) Agriculture, value added (% of GDP)Services, etc., value added (% of GDP)
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
19891991
19931995
19971999
20012003
20052007
20092011
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
Trade (% of GDP)
Trade (% of GDP)
19891991
19931995
19971999
20012003
20052007
20092011
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
45.00%
Exports of goods and services (% of GDP)
Exports of goods and services (% of GDP)
Trade made up 74.52% of Mozambique’s GDP in 2011Exports of goods and services made up 28.98% of GDP
Source: World Development Indicators
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 20110.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
Main Exports
Agricultural raw materials exports (% of merchandise exports) Food exports (% of merchandise exports)Fuel exports (% of merchandise exports) Ores and metals exports (% of merchandise exports)
Source: World Development Indicators
Source: IMF Country Report
Mozambique is struggling with resolving insolvencies, enforcing contracts and making credit easily available
19891990
19911992
19931994
19951996
19971998
19992000
20012002
20032004
20052006
20072008
20092010
20110.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
14.00%
16.00%
18.00%
Foreign direct investment, net inflows (% of GDP)
Foreign direct investment, net inflows (% of GDP)
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
Source: IMF Country Report
» 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
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
» 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
» World Bank. (2013). Doing Business. April, 2013, from http://www.doingbusiness.org/~/media/giawb/doing%20business/documents/profiles/country/MOZ.pdf.
» World Bank. (2013) [Data file]. Retrieved from http://data.worldbank.org/
» Pekka Virtanen & Dag Ehrenpreis, (2007). Growth, Poverty and Inequality in Mozambique“ Retrieved April 30, 2013, from: http://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
» 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
» J. O’s The Economist (2013) ‘Growth and Other Good things’ Retrieved May 2, 2013 From: http://www.economist.com/blogs/baobab/2013/05/development-africa
top related