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TOOL · GROSS COST

How much would a basic income cost in Mozambique?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 18,581,790child population 15,053,370year 2023World Bank WDI

GROSS ANNUAL COST

250,641 million

in MZNMZN 250,641,360,000

Equal to 18.7% of reference GDP

Population covered: 33,635,160 people

Adults: 18,581,790 × MZN 800 × 12 = MZN 178,385,184,000

Children: 15,053,370 × MZN 400 × 12 = MZN 72,256,176,000

MZN 178,385,184,000 + MZN 72,256,176,000 = MZN 250,641,360,000

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $20,927,498,317 · World Bank WDI

Currency MZN · exchange rate 63.8858 MZN/USD (2023)

Converted cost $3,923,269,791 for the GDP share.