Mozambique: Imports, percent of GDP

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Mozambique: Imports of goods and services as percent of GDP

: For that indicator, The World Bank provides data for Mozambique from 1980 to 2018. The average value for Mozambique during that period was 45.37 percent with a minimum of 11.47 percent in 1985 and a maximum of 84.76 percent in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The imports of Mozambique and other countries are calculated as the total amount of goods and services produced abroad and sold at home. Imports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If imports are about 15 percent or less of GDP the economy is considered relatively closed. That, for example, applies to the U.S. In contrast, many small European countries import over 40 percent of the products they consume. They are considered more open to international trade.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.
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