raction and processing and garment manufacturing that could
further close the import/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):
$29.32 billion (2006 est.)

GDP (official exchange rate):
$6.431 billion (2006 est.)

GDP - real growth rate:
9.8% (2006 est.)

GDP - per capita (PPP):
$1,500 (2006 est.)

GDP - composition by sector:
agriculture: 21.1%
industry: 30.9%
services: 48% (2006 est.)

Labor force:
9.4 million (2006 est.)

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

Unemployment rate:
21% (1997 est.)

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):
12.8% (2006 est.)

Investment (gross fixed):
21.5% of GDP (2006 est.)

Budget:
revenues: $1.391 billion
expenditures: $1.822 billion (2006 est.)

Public debt:
23.2% of GDP (2006 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:
11.58 billion kWh (2004)

Electricity - production by source:
fossil fuel: 2.9%
hydro: 97.1%
nuclear: 0%
other: 0% (2001)

Electricity - consumption:
9.592 billion kWh (2004)

Electricity - exports:
8.75 billion kWh (2004)

Electricity - imports:
7.576 billion kWh (2004)

Oil - production:
0 bbl/day (2004 est.)

Oil - consumption:
11,500 bbl/day (2004 est.)

Oil - exports:
NA bbl/day (2001)

Oil - imports:
NA bbl/day (2001)

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

Natural gas - production:
80 million cu m (2004 est.)

Natural gas - consumption:
80 million cu m (2004 est.)

Natural gas - exports:
0 cu m (2004 est.)

Natural gas - imports:
0 cu m (2004 est.)

Natural gas - proved reserves:
127.4 b