Gross savings in Mozambique

Mozambique: Gross savings was 24.80 billion current LCU in 2024. ◆ Volatile

Latest (2024)
24.80 billion current LCU
Change on year
down 30.5%
World rank
125th
of 177 countries
All-time high
191.10 billion current LCU
in 2019
All-time low
19.60 billion current LCU
in 2005
Years of data
20
2005–2024

Gross savings in Mozambique, 2005–2024

050.0B100.0B150.0B200.0B2005201420242005: 19.6B current LCU2006: 27.2B current LCU2007: 36.2B current LCU2008: 43.0B current LCU2009: 39.6B current LCU2010: 47.3B current LCU2011: 54.7B current LCU2012: 49.5B current LCU2013: 56.5B current LCU2014: 52.8B current LCU2015: 76.0B current LCU2016: 51.4B current LCU2017: 88.5B current LCU2018: 123.1B current LCU2019: 191.1B current LCU2020: 149.2B current LCU2021: 133.2B current LCU2022: 101.4B current LCU2023: 35.7B current LCU2024: 24.8B current LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

Mozambique recorded 24.80 billion current LCU for gross savings in 2024.

The figure is down 30.5% on the previous year and down 53.1% over ten years.

Over the whole period, gross savings in Mozambique peaked at 191.10 billion current LCU in 2019 and was at its lowest, 19.60 billion current LCU, in 2005.

That places Mozambique 125th out of 177 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 33.14 billion current LCU 19.60 billion current LCU 43.01 billion current LCU 5
2010s 79.10 billion current LCU 47.27 billion current LCU 191.10 billion current LCU 10
2020s 88.85 billion current LCU 24.80 billion current LCU 149.16 billion current LCU 5

Countries ranked near Mozambique

  1. 122 Guyana 28.81 billion current LCU compare
  2. 123 Panama 28.55 billion current LCU compare
  3. 124 Greece 25.51 billion current LCU compare
  4. 126 Namibia 23.63 billion current LCU compare
  5. 127 Slovakia 22.19 billion current LCU compare
  6. 128 Kuwait 21.78 billion current LCU compare

See the full ranking of 177 places →

More economy & growth data for Mozambique

All data for Mozambique →

Frequently asked questions

What is gross savings in Mozambique?
Gross savings in Mozambique was 24.80 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross savings recorded in Mozambique?
The highest recorded value was 191.10 billion current LCU in 2019.
What is the lowest gross savings recorded in Mozambique?
The lowest recorded value was 19.60 billion current LCU in 2005.
How does Mozambique rank for gross savings?
Mozambique ranks 125th out of 177 countries with data for 2024.
Is gross savings rising or falling in Mozambique?
Over the last ten years it is down 53.1%. The long-run trend across the full record is volatile.
Where does this Mozambique data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross savings (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 6,426 data points, 1960–2025
Last refreshed

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.