Turnover of Mozambican informal market estimated to be US$103.7 million

22 September 2006

Maputo, Mozambique, 22 Sept – The informal market in Mozambique accounts for annual turnover of 2.6 billion meticals (US$103.7 million) and employs three quarters of the population, a study by the country’s National Statistics Institute showed.

The Informal Sector Survey, recently presented in Maputo, showed that around half the turnover (1.27 billion meticals) is from the south of the country, with the remainder coming from the north (755.1 million meticals) and center (570.8 million meticals) of the country.

The vast majority, 91 percent, of workers in the informal sector work in agriculture, 5.1 percent inretail and tourism and the remainder work in construction or other services.

Amongst informal workers, 26 percent are aged between 25 and 34, 24 percent are aged between 15 and 24, and 18 percent of the total fall into the 35 to 44 age bracket.

According to estimates from INE, of the more than 360,000 informal workers in the south of the country, 241,000 are owners and 124,000 are employees, with the proportion of the latter being much higher than in the north and center of the country, where 127,000 and 184,000 people, respectively, work outside the legal system.

The average salary in retail and tourism is the highest, mainly in the north (22.8 meticals per hour), while in industry and construction it is in the south that the best salaries are earned (17.7 meticals per hour). (macauhub)