port/export gap.
Mozambique's once substantial foreign debt has been reduced through
forgiveness and rescheduling under the IMF's Heavily Indebted Poor
Countries (HIPC) and Enhanced HIPC initiatives, and is now at a
manageable level.

GDP:
purchasing power parity - $21.23 billion (2003 est.)

GDP - real growth rate:
7% (2003 est.)

GDP - per capita:
purchasing power parity - $1,200 (2003 est.)

GDP - composition by sector:
agriculture: 20.1%
industry: 27.3%
services: 52.7% (2003 est.)

Investment (gross fixed):
47.8% of GDP (2003)

Population below poverty line:
70% (2001 est.)

Household income or consumption by percentage share:
lowest 10%: 2.5%
highest 10%: 31.7% (1997)

Distribution of family income - Gini index:
39.6 (1996-97)

Inflation rate (consumer prices):
14% (2003 est.)

Labor force:
9.2 million (2000 est.)

Labor force - by occupation:
agriculture 81%, industry 6%, services 13% (1997 est.)

Unemployment rate:
21% (1997 est.)

Budget:
revenues: $1.089 billion
expenditures: $1.269 billion, including capital expenditures of
$479.4 million (2003 est.)

Agriculture - products:
cotton, cashew nuts, sugarcane, tea, cassava (tapioca), corn,
coconuts, sisal, citrus and tropical fruits, potatoes, sunflowers;
beef, poultry

Industries:
food, beverages, chemicals (fertilizer, soap, paints), aluminum,
petroleum products, textiles, cement, glass, asbestos, tobacco

Industrial production growth rate:
3.4% (2000)

Electricity - production:
7.193 billion kWh (2001)

Electricity - consumption:
1.39 billion kWh (2001)

Electricity - exports:
5.8 billion kWh (2001)

Electricity - imports:
500 million kWh (2001)

Oil - production:
0 bbl/day (2001 est.)

Oil - consumption:
8,500 bbl/day (2001 est.)

Oil - exports:
NA (2001)

Oil - imports:
NA (2001)

Oil - proved reserves:
0 bbl (1 January 2002)

Natural gas - production:
60 million cu m (2001 est.)

Natural gas - consumption:
60 million cu m (2001 est.)

Natural gas - exports:
0 cu m (2001 est.)

Natural gas - imports:
0 cu m (2001 est.)

Natural gas - proved reserves:
63.71 billion cu m (1 January 2002)

Current account balance:
$-566 million (2003)

Exports:
$795 million f.o.b. (2003 est.)

Exports - commodities:
aluminum, prawns, cashews, cotton, sugar, citrus, timber; bulk
electricity

Exports - partners: