Social contributions in Mozambique
Mozambique: Social contributions was 1.85 billion current LCU in 2024. ◆ Volatile
Social contributions in Mozambique, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, social contributions in Mozambique stood at 1.85 billion current LCU.
The figure is up 38.7% on the previous year and down 34.2% over ten years.
Over the whole period, social contributions in Mozambique peaked at 7.28 billion current LCU in 2018 and was at its lowest, 515.52 million current LCU, in 2019.
That places Mozambique 89th out of 112 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.93 billion current LCU | 515.52 million current LCU | 7.28 billion current LCU | 10 |
| 2020s | 1.11 billion current LCU | 643.00 million current LCU | 1.85 billion current LCU | 5 |
Countries ranked near Mozambique
More public sector data for Mozambique
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Tax revenue 21.8% (2024)
- Taxes on income, profits and capital gains 39.1% (2024)
- Taxes on goods and services 30.5% (2024)
- Net investment in nonfinancial assets 6.9% (2024)
- Net lending (+) / net borrowing (-) -4.3% (2024)
- Interest payments 15.1% (2024)
- Grants and other revenue 19.9% (2024)
- Interest payments 11.3% (2022)
- Other taxes 4.8% (2024)
Frequently asked questions
- What is social contributions in Mozambique?
- Social contributions in Mozambique was 1.85 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Mozambique?
- The highest recorded value was 7.28 billion current LCU in 2018.
- What is the lowest social contributions recorded in Mozambique?
- The lowest recorded value was 515.52 million current LCU in 2019.
- How does Mozambique rank for social contributions?
- Mozambique ranks 89th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Mozambique?
- Over the last ten years it is down 34.2%. The long-run trend across the full record is volatile.
- Where does this Mozambique data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.