ECONOMIC INDICATORS Budget Revenues: US$2.786 billion Expenditures: US$3.108 billion (2008 estimate) Central bank - discount rate: 9.95% (31 December 2007) Consumer bank - prime lending rate 19.52% (31 December 2007) Distribution of family income – Gini index 47.3 (2002) Exchange rates Meticais (MT) per US dollar – 24.125 (2008 estimate); 26.264 (2007); 25.4 (2006); 23,061 (2005); 22,581 (2004) In 2005, Mozambique revalued its currency, with 1 000 old meticais equal to one new metical. External debt US$4.316 billion (31 December 2008 estimate) GDP – composition by sector Agriculture: 23.4% Industry: 30.7% Services: 45.9% (2008 estimate) GDP – official exchange rate US$9.788 billion (2008 estimate) GDP – purchasing power parity US$19.68 billion (2008 estimate) GDP – real growth rate 6.95 (2008) 7.3% (2007) GDP – per capita US$900 (2008 estimate) Household income or consumption by percentage share Lowest 10%: 2.1% Highest 10%: 39.4% (2002) Industries Food, beverages, chemicals, aluminium, petroleum products, textiles, cement, glass, asbestos, tobacco Inflation rate – consumer prices 11.2% (2008 estimate) Investment – gross fixed 24% of the GDP (2008 estimate) Labour force 10.01 million (2008 estimate) Labour force by occupation Agriculture: 81% Industry: 6% Services: 13% Major export partners Italy 19.4%, Belgium 18.4%, Spain 12.5%, South Africa 12.3%, UK 7.3%, China 4.1% (2007) Major exports Aluminium, prawns, cashews, cotton, sugar, citrus, timber, bulk electricity Major import partners South Africa 36.7%, Australia 8.5%, China 4.6% (2007) xiv A P R M COU N T RY R EV IEW R EP ORT NO. 11