Gross national savings — all countries

Gross national savings — Mozambique

Gross national savings in Mozambique in 2024 — 1.7%. Ranked 143 in the world out of 146. Since 2005, the indicator has fallen by 7.9 pp.

2024 1.7% −1 pp vs 2023
World rank 143of 146
Period maximum 19.7%2019
Period minimum 1.7%2024

Trend over time

2005–2024 · % of GDP

Gross national savings — Mozambique, 2005–202405101520200520072009201120132015201720192021202320242005: 9.6%2006: 11.3%2007: 13%2008: 13.7%2009: 11.7%2010: 12.2%2011: 12.9%2012: 10.5%2013: 10.9%2014: 9.4%2015: 11.7%2016: 6.8%2017: 10.5%2018: 13.6%2019: 19.7%2020: 15.1%2021: 12.6%2022: 8.4%2023: 2.7%2024: 1.7%
Change over the period: −7.9 pp Annual average: -0.41 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Mozambique

Mozambique 1.7%
World 26.1%
Sub-Saharan Africa computed 17.6%
Eastern Africa computed 20.5%
Gross national savings — Mozambique, by year Mozambique All countries CSV XLSX
Year % Change, pp
2024 1.7 −1 pp
2023 2.7 −5.7 pp
2022 8.4 −4.2 pp
2021 12.6 −2.5 pp
2020 15.1 −4.6 pp
2019 19.7 +6.1 pp
2018 13.6 +3.1 pp
2017 10.5 +3.7 pp
2016 6.8 −5 pp
2015 11.7 +2.4 pp
2014 9.4 −1.5 pp
2013 10.9 +0.5 pp
2012 10.5 −2.4 pp
2011 12.9 +0.7 pp
2010 12.2 +0.4 pp
2009 11.7 −2 pp
2008 13.7 +0.7 pp
2007 13 +1.7 pp
2006 11.3 +1.7 pp
2005 9.6

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.