Mozambique: Adjusted savings, consumption of fixed capital (% of GNI)

Key figures

What the numbers say

In 2021, Mozambique's adjusted savings, consumption of fixed capital (% of GNI) rose 0.93 percentage points on 2020 (from 22.31% to 23.23%).

Across the 29 yearly changes before that (1992 to 2020), the average change was +0.43 percentage points and a typical year strayed about 1.21 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 2.93 percentage points in 2001 and the biggest yearly fall was 2.93 percentage points in 2003. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is upward, about 0.91 percentage points a year. A straight line explains 95% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 26.11% for 2024. We show this only because the same method, fitted on earlier years, predicted 2019 to 2021 better than "no change" would have: its average miss was 0.12%, against 3.15% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2021, Mozambique had the 10th highest value of the 185 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Mozambique in the 2021 ranking

• Switzerland — 6th of 185: 23.99%
• Liberia — 7th of 185: 23.88%
• Gabon — 8th of 185: 23.71%
• Czechia — 10th of 185: 22.33%
• Lebanon — 11th of 185: 22.15%
• Latvia — 12th of 185: 21.72%

What this measures

Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 31 values

Adjusted savings, consumption of fixed capital (% of GNI) in nearby economies

• Angola — 8.2% (2021)
• Benin — 10.58% (2021)
• Botswana — 20.5% (2021)
• Burkina Faso — 8.64% (2021)
• Burundi — 15.89% (2021)
• Cabo Verde — 11.81% (2021)
• Cameroon — 11.38% (2021)
• Central African Republic — 20.06% (2021)
• Chad — 13.05% (2021)

More economic policy & debt data for Mozambique

• Net official development assistance and official aid received (current US$) — US$2.93 billion (2023)
• Net official development assistance and official aid received (constant 2023 US$) — US$2.93 billion (2023)
• Net official development assistance received (current US$) — US$2.93 billion (2023)
• Net official development assistance received (constant 2023 US$) — US$2.93 billion (2023)
• Net ODA received per capita (current US$) — US$87.03 (2023)
• Grants, excluding technical cooperation (BoP, current US$) — US$2.78 billion (2023)
• Net bilateral aid flows from DAC donors, Total (current US$) — US$1.44 billion (2023)
• Technical cooperation grants (BoP, current US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Mozambique's adjusted savings, consumption of fixed capital (% of GNI)?

23.23% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1991?

It is up 13.32 percentage points from 9.91% in 1991. The highest value was 23.23% in 2021 and the lowest 9.46% in 1996.

Source

World Bank, World Development Indicators, indicator NY.ADJ.DKAP.GN.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); National Accounts Statistics, United Nations (UN), publisher: UN Statistics Division Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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