Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Total population29.42 million28.57 million27.7 million
WDI
A.1.1
Total number of households 6.53 million5.06 million
INE
A.1.2
Average household size Not available5.00
Research
A.1.3
Urban population (% of total)35.99% of total35.46% of total34.93% of total
WDI
A.1.4
Urban population growth (annual %)4.44%4.61%4.65%
WDI
A.1.5
A.2 Economy
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
GDP, current prices (U.S. dollars)14,845 USD (millions)13,219 USD (millions)11,937 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)38,957 USD (millions)36,776 USD (millions)37,951 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)504.54 USD 461.42 USD 428.93 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)1,323.98 USD 1,283.66 USD 1,363.68 USD
WEO
A.2.4
GDP, constant prices (Percent change)3.44%3.74%3.82%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change)3.52%5.65%21.15%
WEO
A.2.6
GDP, deflator (Index)135.59131.64122.30
WEO
A.2.7
Consumer price index177.38170.70148.29
WDI
A.2.8
GINI IndexNot availableNot availableNot available
WDI
A.2.9
Median national annual household income 415 USD  
INE
A.2.10
Median urban annual household income 420 USD/year 
INE
A.2.11
Growth in urban household income (%/year)A.2.13
Real 9% 
OMRMOZ
A.2.13.2
Employment (% of total laborforce)A.2.14
Interest Rates:A.2.15
Central bank lending/discount rate 9.95%9.95%
IFS
A.2.15.1
Yield on 3 months treasury bills16.24%25.27%15.27%
IFS
A.2.15.2
Yield on 10-year Government bond Not available 
IFS
A.2.15.3
Average bank deposit rate13.55%17.09%10.75%
IFS
A.2.15.4
Lending rate22.98%27.86%21.18%
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Number of dwelling units:B.1.1
Total 6.53 million 
INE
B.1.1.1
Characteristics of housing stock:B.1.3
Average dwelling unit size-existing 65 sq.mt 
Country Editor
B.1.3.1
% of substandard dwelling units  49.1% of total
Relatório Final do Inquérito ao Orçamento Familiar- IOF 2014/15 http://www.ine.gov.mz/operacoes-estatisticas/inqueritos/inquerito-sobre-orcamento-familiar
B.1.3.2
Tenure in urban areas (%):B.1.4
Owner-occupied units 94% of total 
Country Editor
B.1.4.1
% of owner units with a mortgage 4% of total 
Country Editor
B.1.4.2
Private rental units 3% of total 
Country Editor
B.1.4.3
Estimated Number of units completed/yearB.1.5
Formal sector/registered 1,771,659 units 
UN Habitat
B.1.5.1
Informal sector/non-registered 3,617,137 units 
UN Habitat
B.1.5.2
Number of recorded urban housing transactions/year 118127 
UN Habitat
B.1.6
How complete is this measure for formal sector transactions? The process of rural-urban migration, which, although presenting low rates, will certainly increase substantially if the economy improves. 
Country Editor
B.1.7
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Median urban house price in USD:B.2.1
New housing 53,081.19 USD  
Country Editor
B.2.1.1
Existing housing 55,000 USD  
Country Editor
B.2.1.2
Median house price to median annual HH income:B.2.2
Urban 55000.002250.00
Country Editor
B.2.2.1
Annual average % change in median house prices:B.2.3
M2 construction cost for median quality houseB.2.4
National  450 USD/sq.mt
Country Editor
B.2.4.1


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Notes: All loans are fixed rate. Although 20 years is the maximum loan term, long term financing is not common. Average terms are closer to 5 years.
Notes: All loans are fixed rate. Although 20 years is the maximum loan term, long term financing is not common. Average terms are closer to 5 years.
Notes: All loans are fixed rate. Although 20 years is the maximum loan term, long term financing is not common. Average terms are closer to 5 years.
Notes: All loans are fixed rate. Although 20 years is the maximum loan term, long term financing is not common. Average terms are closer to 5 years.
Notes: All loans are fixed rate. Although 20 years is the maximum loan term, long term financing is not common. Average terms are closer to 5 years.
Notes: Although 25 years is the maximum loan term, long term financing is not common. Average terms are closer to 5 years.
Notes: Based on balance sheet
Notes: Both private and public bureaus were established in 2015
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Notes: Estimation by Country Editor
Notes: More than value of loan (119%)
Notes: Secured by Life Insurance
Notes: Secured by Life Insurance
Notes: Secured by Life Insurance
Notes: Substandard housing is residential property that is not up to the local building or housing code. As there is no housing code, we used "bloco" as standard in urban areas
Notes: The Fund for Housing Promotion (FFH) has agreements with several banks to make mortgage loans accessible to public employees.
Notes: There is no longer a single minimum wage in Mozambique.