Goods and Services: Net for Mozambique
MOZBGSBP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-8.80
Year-over-Year Change
-66.15%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Goods and Services: Net for Mozambique' trend measures Mozambique's balance of trade in goods and services as a percentage of its gross domestic product (GDP). This metric provides insight into the country's economic openness and international competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Goods and Services: Net' indicator represents the difference between Mozambique's total exports and total imports of goods and services, expressed as a percentage of its GDP. This ratio is a key measure of a country's trade position and can inform assessments of its economic stability, growth potential, and policies.
Methodology
The data is calculated based on Mozambique's national accounts statistics reported to the International Monetary Fund.
Historical Context
Policymakers and analysts use this metric to evaluate Mozambique's trade dynamics and their implications for the broader economy.
Key Facts
- Mozambique's goods and services net was -24.63% of GDP in 2021.
- The trend has fluctuated between -38.7% and -18.7% of GDP over the past decade.
- Mozambique's trade deficit is driven by its reliance on imported capital goods and fuel.
FAQs
Q: What does this economic trend measure?
A: The 'Goods and Services: Net for Mozambique' trend measures the difference between Mozambique's total exports and total imports of goods and services, expressed as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Mozambique's trade position and economic openness, which are important factors in assessing the country's economic stability, growth potential, and policy effectiveness.
Q: How is this data collected or calculated?
A: The data is calculated based on Mozambique's national accounts statistics reported to the International Monetary Fund.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Mozambique's trade dynamics and their implications for the broader economy, informing assessments of economic performance and the design of trade and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and can have a delay of several months in its release, depending on the reporting timelines of Mozambique's national statistical agencies.
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Citation
U.S. Federal Reserve, Goods and Services: Net for Mozambique (MOZBGSBP6GDPPT), retrieved from FRED.