Mozambique Forecast: Real GDP Growth

1980 - 2025 | Yearly | % | World Economic Outlook

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Mozambique’s Real GDP Growth is forecasted to be -0.500 % in Dec 2020 as reported by World Economic Outlook. It records an increase from the last reported number of 2.284 % in Dec 2019. Looking ahead, Mozambique’s Real GDP Growth is projected to stand at 11.212 % in Dec 2025. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

What is Mozambique's Forecast: Real GDP Growth in 2025?

Last Previous Min Max Unit Frequency Range

11.212

% 2025 yearly 1980 - 2025

11.015

% 2024 yearly 1980 - 2025

-15.700

1983

14.700

1987

%

yearly

1980 - 2025

Updated on 14 Oct 2020

Forecast: Real GDP Growth by Country Comparison

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All Countries/Regions
Asia and Oceania
Europe and Central Asia
Middle East and Africa
North and South America
Country/Region Last Frequency Range
Afghanistan (%)

4.012

2025

yearly

2003 - 2025

Albania (%)

3.429

2025

yearly

1980 - 2025

Algeria (%)

0.949

2025

yearly

1980 - 2025

Angola (%)

2.892

2025

yearly

1980 - 2025

Antigua and Barbuda (%)

3.670

2025

yearly

1980 - 2025

Argentina (%)

1.703

2025

yearly

1980 - 2025

Armenia (%)

4.500

2025

yearly

1993 - 2025

Australia (%)

2.542

2025

yearly

1980 - 2025

Austria (%)

1.646

2025

yearly

1980 - 2025

Azerbaijan (%)

1.704

2025

yearly

1993 - 2025

Bahamas (%)

1.500

2025

yearly

1980 - 2025

Bahrain (%)

3.288

2025

yearly

1980 - 2025

Bangladesh (%)

9.531

2021

yearly

1980 - 2021

Barbados (%)

1.840

2025

yearly

1980 - 2025

Belarus (%)

1.284

2025

yearly

1993 - 2025

Belgium (%)

1.350

2025

yearly

1980 - 2025

Belize (%)

2.003

2025

yearly

1980 - 2025

Benin (%)

7.020

2025

yearly

1980 - 2025

Bhutan (%)

5.987

2025

yearly

1980 - 2025

Bolivia (%)

3.700

2025

yearly

1980 - 2025

Bosnia and Herzegovina (%)

3.500

2025

yearly

1997 - 2025

Botswana (%)

4.105

2025

yearly

1980 - 2025

Brazil (%)

2.218

2025

yearly

1980 - 2025

Brunei (%)

1.847

2025

yearly

1986 - 2025

Bulgaria (%)

2.900

2025

yearly

1980 - 2025

Burkina Faso (%)

5.563

2025

yearly

1980 - 2025

Burundi (%)

2.608

2025

yearly

1980 - 2025

Cambodia (%)

6.900

2025

yearly

1988 - 2025

Cameroon (%)

5.421

2025

yearly

1980 - 2025

Canada (%)

1.700

2025

yearly

1980 - 2025

Cape Verde (%)

6.199

2025

yearly

1980 - 2025

Central African Republic (%)

4.955

2025

yearly

1980 - 2025

Chad (%)

3.810

2025

yearly

1980 - 2025

Chile (%)

2.507

2025

yearly

1980 - 2025

China (%)

5.494

2025

yearly

1980 - 2025

Colombia (%)

3.746

2025

yearly

1980 - 2025

Comoros (%)

4.177

2025

yearly

1980 - 2025

Congo, Republic of (%)

2.325

2025

yearly

1980 - 2025

Costa Rica (%)

3.200

2025

yearly

1980 - 2025

Croatia (%)

3.000

2025

yearly

1993 - 2025

Cyprus (%)

2.511

2025

yearly

1980 - 2025

Czech Republic (%)

2.515

2025

yearly

1996 - 2025

Congo, Democratic Republic of (%)

4.265

2025

yearly

1980 - 2025

Denmark (%)

1.700

2025

yearly

1980 - 2025

Djibouti (%)

6.000

2025

yearly

1992 - 2025

Dominica (%)

1.500

2025

yearly

1980 - 2025

Dominican Republic (%)

5.036

2025

yearly

1980 - 2025

Ecuador (%)

2.285

2025

yearly

1980 - 2025

Egypt (%)

5.567

2025

yearly

1980 - 2025

El Salvador (%)

2.245

2025

yearly

1980 - 2025

Equatorial Guinea (%)

-2.189

2025

yearly

1980 - 2025

Eritrea (%)

3.949

2025

yearly

1993 - 2025

Estonia (%)

3.000

2025

yearly

1994 - 2025

Eswatini (%)

2.093

2025

yearly

1980 - 2025

Ethiopia (%)

7.964

2025

yearly

1980 - 2025

Fiji (%)

2.200

2025

yearly

1980 - 2025

Finland (%)

1.270

2025

yearly

1980 - 2025

France (%)

1.678

2025

yearly

1980 - 2025

Gabon (%)

4.496

2025

yearly

1981 - 2025

Gambia (%)

5.800

2025

yearly

1980 - 2025

Georgia (%)

5.200

2025

yearly

1995 - 2025

Germany (%)

1.198

2025

yearly

1980 - 2025

Ghana (%)

4.452

2025

yearly

1980 - 2025

Greece (%)

1.011

2025

yearly

1980 - 2025

Grenada (%)

2.735

2025

yearly

1980 - 2025

Guatemala (%)

3.251

2025

yearly

1980 - 2025

Guinea (%)

4.962

2025

yearly

1980 - 2025

Guinea-Bissau (%)

5.000

2025

yearly

1981 - 2025

Guyana (%)

1.143

2025

yearly

1980 - 2025

Haiti (%)

1.400

2025

yearly

1980 - 2025

Honduras (%)

3.740

2025

yearly

1980 - 2025

Hong Kong SAR, China (%)

2.886

2025

yearly

1980 - 2025

Hungary (%)

2.600

2025

yearly

1980 - 2025

Iceland (%)

1.820

2025

yearly

1980 - 2025

India (%)

7.182

2025

yearly

1980 - 2025

Indonesia (%)

5.073

2025

yearly

1980 - 2025

Iran (%)

1.151

2025

yearly

1980 - 2025

Iraq (%)

0.931

2025

yearly

1999 - 2025

Ireland (%)

2.645

2025

yearly

1980 - 2025

Israel (%)

4.028

2025

yearly

1980 - 2025

Italy (%)

0.883

2025

yearly

1980 - 2025

Ivory Coast (%)

6.497

2025

yearly

1980 - 2025

Jamaica (%)

2.092

2025

yearly

1980 - 2025

Japan (%)

0.563

2025

yearly

1980 - 2025

Jordan (%)

3.300

2025

yearly

1980 - 2025

Kazakhstan (%)

3.149

2025

yearly

1993 - 2025

Kenya (%)

5.784

2025

yearly

1980 - 2025

Kiribati (%)

1.758

2025

yearly

1980 - 2025

South Korea (%)

2.448

2025

yearly

1980 - 2025

Kosovo (%)

4.000

2025

yearly

2001 - 2025

Kuwait (%)

2.440

2025

yearly

1980 - 2025

Kyrgyzstan (%)

4.136

2025

yearly

1993 - 2025

Laos (%)

6.076

2025

yearly

1980 - 2025

Latvia (%)

2.998

2025

yearly

1993 - 2025

Lebanon (%)

-25.000

2020

yearly

1980 - 2020

Lesotho (%)

5.122

2021

yearly

1980 - 2021

Liberia (%)

5.392

2025

yearly

2001 - 2025

Libya (%)

0.300

2025

yearly

1980 - 2025

Lithuania (%)

2.218

2025

yearly

1996 - 2025

Luxembourg (%)

2.451

2025

yearly

1980 - 2025

Macau SAR, China (%)

6.024

2025

yearly

2002 - 2025

North Macedonia (%)

3.540

2025

yearly

1993 - 2025

Madagascar (%)

4.960

2025

yearly

1980 - 2025

Malawi (%)

6.250

2025

yearly

1980 - 2025

Malaysia (%)

5.000

2025

yearly

1980 - 2025

Maldives (%)

5.943

2025

yearly

1980 - 2025

Mali (%)

5.000

2025

yearly

1980 - 2025

Malta (%)

4.515

2025

yearly

2001 - 2025

Marshall Islands (%)

1.800

2025

yearly

1998 - 2025

Mauritania (%)

4.284

2025

yearly

1992 - 2025

Mauritius (%)

3.300

2025

yearly

1980 - 2025

Mexico (%)

2.115

2025

yearly

1980 - 2025

Micronesia (%)

0.600

2025

yearly

1996 - 2025

Moldova (%)

4.200

2025

yearly

1993 - 2025

Mongolia (%)

4.500

2025

yearly

1980 - 2025

Montenegro (%)

3.000

2025

yearly

2001 - 2025

Morocco (%)

3.740

2025

yearly

1980 - 2025

Mozambique (%)

11.212

2025

yearly

1980 - 2025

Myanmar (%)

6.502

2025

yearly

1999 - 2025

Namibia (%)

2.659

2025

yearly

1991 - 2025

Nepal (%)

5.019

2025

yearly

1980 - 2025

Netherlands (%)

1.538

2025

yearly

1981 - 2025

New Zealand (%)

2.478

2025

yearly

1980 - 2025

Nicaragua (%)

2.100

2025

yearly

1980 - 2025

Niger (%)

6.016

2025

yearly

1980 - 2025

Nigeria (%)

2.513

2025

yearly

1991 - 2025

Norway (%)

1.833

2025

yearly

1980 - 2025

Oman (%)

3.055

2025

yearly

1980 - 2025

Pakistan (%)

5.024

2025

yearly

1980 - 2025

Palau (%)

2.000

2025

yearly

2001 - 2025

Panama (%)

5.000

2025

yearly

1980 - 2025

Papua New Guinea (%)

3.164

2025

yearly

1980 - 2025

Paraguay (%)

4.000

2025

yearly

1980 - 2025

Peru (%)

3.797

2025

yearly

1980 - 2025

Philippines (%)

6.478

2025

yearly

1980 - 2025

Poland (%)

2.368

2025

yearly

1980 - 2025

Portugal (%)

1.700

2025

yearly

1980 - 2025

Qatar (%)

2.472

2025

yearly

1980 - 2025

Romania (%)

3.505

2025

yearly

1980 - 2025

Russia (%)

1.795

2025

yearly

1993 - 2025

Rwanda (%)

6.068

2025

yearly

1980 - 2025

Saint Kitts and Nevis (%)

2.695

2025

yearly

1980 - 2025

Saint Lucia (%)

1.841

2025

yearly

1980 - 2025

Saint Vincent and the Grenadines (%)

2.738

2025

yearly

1980 - 2025

Samoa (%)

2.178

2025

yearly

1980 - 2025

San Marino (%)

0.500

2025

yearly

1998 - 2025

Sao Tome and Principe (%)

4.500

2025

yearly

1980 - 2025

Saudi Arabia (%)

2.637

2025

yearly

1980 - 2025

Senegal (%)

6.028

2025

yearly

1980 - 2025

Serbia (%)

4.017

2025

yearly

1999 - 2025

Seychelles (%)

3.961

2025

yearly

1980 - 2025

Sierra Leone (%)

4.608

2025

yearly

1980 - 2025

Singapore (%)

2.470

2025

yearly

1980 - 2025

Slovakia (%)

2.464

2025

yearly

1994 - 2025

Slovenia (%)

2.348

2025

yearly

1993 - 2025

Solomon Islands (%)

2.988

2025

yearly

1980 - 2025

South Africa (%)

2.340

2025

yearly

1980 - 2025

Spain (%)

1.450

2025

yearly

1980 - 2025

Sri Lanka (%)

4.785

2025

yearly

1980 - 2025

Sudan (%)

4.542

2025

yearly

1980 - 2025

Suriname (%)

2.090

2025

yearly

1980 - 2025

Sweden (%)

2.039

2025

yearly

1980 - 2025

Switzerland (%)

1.306

2025

yearly

1980 - 2025

Syria (%)

3.440

2010

yearly

1980 - 2010

Taiwan (%)

2.056

2025

yearly

1980 - 2025

Tajikistan (%)

4.000

2025

yearly

1993 - 2025

Tanzania (%)

6.672

2025

yearly

1980 - 2025

Thailand (%)

3.674

2025

yearly

1980 - 2025

Timor-Leste (%)

2.550

2025

yearly

2001 - 2025

Togo (%)

5.500

2025

yearly

1980 - 2025

Tonga (%)

1.198

2021

yearly

1980 - 2021

Trinidad and Tobago (%)

1.500

2025

yearly

1980 - 2025

Tunisia (%)

2.998

2025

yearly

1980 - 2025

Turkey (%)

3.494

2025

yearly

1980 - 2025

Turkmenistan (%)

4.980

2025

yearly

1993 - 2025

Tuvalu (%)

2.981

2025

yearly

2001 - 2025

Uganda (%)

9.289

2025

yearly

1980 - 2025

Ukraine (%)

3.995

2025

yearly

1993 - 2025

United Arab Emirates (%)

2.573

2025

yearly

1980 - 2025

United Kingdom (%)

1.633

2025

yearly

1980 - 2025

United States (%)

1.831

2025

yearly

1980 - 2025

Uruguay (%)

2.400

2025

yearly

1980 - 2025

Uzbekistan (%)

5.500

2025

yearly

1993 - 2025

Vanuatu (%)

3.000

2025

yearly

1980 - 2025

Venezuela (%)

-5.000

2022

yearly

1980 - 2022

Vietnam (%)

6.630

2025

yearly

1980 - 2025

Yemen (%)

6.217

2025

yearly

1991 - 2025

Zambia (%)

1.210

2025

yearly

1980 - 2025

Zimbabwe (%)

2.160

2025

yearly

1999 - 2025

Mozambique Key Series

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All Indicators
National Accounts
Production
Government and Public Finance
Demographic and Labour Market
Domestic Trade and Household Survey
Inflation
Foreign Trade
Balance of Payments
Monetary
Interest and Foreign Exchange Rates
Energy
Tourism
Business and Economic Survey
Financial Market
Transport and Telecommunications
National Accounts Last Frequency Range
Nominal GDP (USD mn)

15,303.3

2019

yearly

1970 - 2019

Real GDP Growth (%)

2.0

Dec 2018

quarterly

Jun 2007 - Dec 2018

Nominal GDP Growth (%)

6.836

2019

yearly

1971 - 2019

GDP per Capita (USD)

368.380

2019

yearly

1991 - 2019

GDP Deflator Growth (%)

3.0

2018

yearly

1992 - 2018

Private Consumption Expenditure (USD mn)

10,212.158

2019

yearly

1970 - 2019

Private Consumption: % of GDP (%)

66.7

2019

yearly

1970 - 2019

Public Consumption Expenditure (USD mn)

3,316.457

2019

yearly

1970 - 2019

Public Consumption: % of GDP (%)

21.7

2019

yearly

1970 - 2019

Investment: % of GDP (%)

71.7

2018

yearly

1991 - 2018

Gross Fixed Capital Formation (USD mn)

7,058.058

2019

yearly

1970 - 2019

Gross Savings Rate (%)

11.6

2019

yearly

1970 - 2019

Forecast: GDP PPP Per Capita (PPP Intl $)

1,770.749

2025

yearly

1980 - 2025

Forecast: Nominal GDP Per Capita (USD)

607.413

2025

yearly

1980 - 2025

Forecast: Real GDP Growth (%)

11.212

2025

yearly

1980 - 2025

Total Trade of Goods & Services: % of Nominal GDP (%)

116.547

2019

yearly

1991 - 2019

Production Last Frequency Range
Industrial Production Index Growth (%)

-13.6

Jun 2020

monthly

Jun 2012 - Jun 2020

Minerals Production (Metric Ton)

20,774,121.000

2018

yearly

2009 - 2018

Gold Production (kg)

2,394.000

2017

yearly

1990 - 2017

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%)

-2.7

2016

yearly

1996 - 2016

Consolidated Fiscal Balance (USD mn)

388.757

Dec 2016

quarterly

Mar 2002 - Dec 2016

Tax Revenue (USD mn)

543.980

Dec 2016

quarterly

Mar 2002 - Dec 2016

Tax Revenue: % of GDP (%)

18.4

2016

yearly

1996 - 2016

Forecast: Government Expenditure (MZM bn)

478.110

2025

yearly

1980 - 2025

Forecast: Government Net Debt (MZM bn)

1,780.539

2025

yearly

1999 - 2025

Forecast: Government Revenue (MZM bn)

464.318

2025

yearly

1980 - 2025

Demographic and Labour Market Last Frequency Range
Labour Force Participation Rate (%)

77.9

2020

yearly

1990 - 2020

Labour Productivity Growth (%)

-1.03

2019

yearly

1992 - 2019

Forecast: Population (Person mn)

36.462

2025

yearly

1980 - 2025

Forecast: Employment (Person mn)

0.000

yearly

-

Forecast: Unemployment Rate (%)

0.000

yearly

-

Domestic Trade and Household Survey Last Frequency Range
Number of Registered Vehicles (Unit)

706,323

2018

yearly

2009 - 2018

Inflation Last Frequency Range
Consumer Price Index CPI Growth (%)

3.0

Sep 2020

monthly

Dec 1996 - Sep 2020

CPI: Food and Non Alcoholic Beverage Change (%)

7.618

Sep 2020

quarterly

Mar 2017 - Sep 2020

Producer Price Index Growth (%)

3.7

Jun 2020

monthly

Jun 2012 - Jun 2020

Forecast: Consumer Price Index Growth (%)

5.500

2025

yearly

1980 - 2025

Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%)

23.306

2025

yearly

1980 - 2025

Total Exports (USD mn)

712.2

Jun 2020

quarterly

Mar 2011 - Jun 2020

Total Exports Growth (%)

-36.6

Jun 2020

quarterly

Mar 2012 - Jun 2020

Aluminum: Exports (USD th)

33,989.311

2019

yearly

1995 - 2019

Exports: Medicament (USD th)

100.965

2019

yearly

1995 - 2019

Exports: Medicinal and Pharmaceutical Product (USD th)

161.887

2019

yearly

1995 - 2019

Total Imports (USD mn)

1,269.0

Jun 2020

quarterly

Mar 2011 - Jun 2020

Total Imports Growth (%)

0.7

Jun 2020

monthly

Jan 2012 - Jun 2020

Imports: Medicament (USD th)

130,047.030

2019

yearly

1995 - 2019

Imports: Medicinal and Pharmaceutical Product (USD th)

40,971.753

2019

yearly

1995 - 2019

Total Exports to USA (USD mn)

5.222

Jun 2020

monthly

Dec 2006 - Jun 2020

Total Imports from USA (USD mn)

9.286

Jun 2020

monthly

Jun 1996 - Jun 2020

Total Exports to China (USD mn)

239.536

2018

yearly

2000 - 2018

Total Imports from China (USD mn)

799.466

2018

yearly

2000 - 2018

Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn)

78.2

Jun 2020

quarterly

Mar 1996 - Jun 2020

Current Account Balance (USD mn)

-930.4

Jun 2020

quarterly

Mar 1996 - Jun 2020

Current Account Balance: % of GDP (%)

-19.8

2019

yearly

1980 - 2019

Foreign Direct Investment: % of GDP (%)

14.3

2019

yearly

1986 - 2019

Foreign Portfolio Investment: Debt Securities (USD mn)

4.680

Jun 2020

quarterly

Mar 1996 - Jun 2020

Foreign Portfolio Investment (USD mn)

7.668

Jun 2020

quarterly

Mar 1996 - Jun 2020

Foreign Portfolio Investment: % of GDP (%)

0.1

2019

yearly

1980 - 2019

Foreign Portfolio Investment: Equity Securities (USD mn)

3.0

Jun 2020

quarterly

Mar 1996 - Jun 2020

External Debt (USD mn)

9,486.1

2017

yearly

1985 - 2017

External Debt: % of GDP (%)

71.8

2017

yearly

1985 - 2017

External Debt: Short Term (USD mn)

1,647.4

2019

yearly

1984 - 2019

External Debt: Short Term: % of GDP (%)

10.8

2019

yearly

1970 - 2019

Forecast: Current Account Balance (USD bn)

-6.144

2025

yearly

1980 - 2025

Net International Investment Position (USD mn)

-57,433.822

2019

yearly

2005 - 2019

Monetary Last Frequency Range
M2 Growth (%)

15.9

Jul 2020

monthly

Dec 2002 - Jul 2020

Reserve Requirement Ratio (%)

11.5

May 2020

monthly

Aug 2011 - May 2020

Foreign Exchange Reserves (USD mn)

3,782.9

Jul 2020

monthly

Mar 1984 - Jul 2020

Foreign Exchange Reserves: % of GDP (%)

23.994

2019

yearly

1984 - 2019

Foreign Exchange Reserves: Months of Import (NA)

8.8

Jun 2020

monthly

Jan 2011 - Jun 2020

Total Deposits (USD mn)

6,541.988

May 2020

monthly

Jan 2007 - May 2020

Total Deposits Growth (%)

14.4

May 2020

monthly

Jan 2008 - May 2020

Domestic Credit (USD mn)

4,487.1

Aug 2020

monthly

Dec 2001 - Aug 2020

Domestic Credit Growth (%)

12.4

Aug 2020

monthly

Dec 2002 - Aug 2020

Total Loans (USD mn)

3,304.548

Jul 2020

monthly

Nov 2002 - Jul 2020

Total Loans Growth (%)

4.36

Jul 2020

monthly

Nov 2003 - Jul 2020

Private Debt: % of Nominal GDP (%)

22.68

2019

yearly

2001 - 2019

Interest and Foreign Exchange Rates Last Frequency Range
Bank Lending Rate (% pa)

15.900

Oct 2020

monthly

Aug 1997 - Oct 2020

Exchange Rate against USD (MZN/USD)

71.900

Sep 2020

monthly

Jan 1957 - Sep 2020

Short Term Interest Rate (% pa)

9.57

Aug 2020

monthly

Nov 2005 - Aug 2020

Energy Last Frequency Range
Electricity Production (GWh)

593

2018

yearly

2006 - 2018

Natural Gas Production: OPEC: Marketed Production (Cub m mn)

4,890.000

2012

yearly

2005 - 2012

Natural Gas: Exports (Cub m mn)

3,600.000

2012

yearly

2004 - 2012

Crude Oil: Production (%)

-13.608

Jun 2020

monthly

Jun 2012 - Jun 2020

Tourism Last Frequency Range
Tourism Revenue Growth (%)

101.8

2018

yearly

1997 - 2018

Business and Economic Survey Last Frequency Range
Business Confidence: Net Balance (% Point)

-4.0

Aug 2020

monthly

Jan 2004 - Aug 2020

Business Confidence Growth (% Point)

2.2

Aug 2020

monthly

Jan 2005 - Aug 2020

Financial Market Last Frequency Range
Market Capitalization: % of GDP (%)

10.7

2019

yearly

1999 - 2019

Market Capitalization (USD mn)

1,415.250

Sep 2020

monthly

Oct 1999 - Sep 2020

Transport and Telecommunications Last Frequency Range
Motor Vehicle Registered (Unit th)

400.000

2015

yearly

2005 - 2015

Container Port Throughput (TEU)

427,300.000

2019

yearly

2008 - 2019

Liner Shipping Connectivity Index (2004=100)

10.470

2018

yearly

2004 - 2018

Number of Subscriber Fixed Line (Unit)

63,006.000

2018

yearly

1960 - 2018

Number of Subscriber Mobile (Person)

14,074,248.000

2018

yearly

1960 - 2018

Teledensity: Fixed Line (Number)

0.214

2018

yearly

1960 - 2018

Teledensity: Mobile (Number)

47.716

2018

yearly

1960 - 2018

Exports: ICT Goods (USD th)

24,028.657

2018

yearly

2000 - 2018

Exports: Telecommunication Equipment (USD th)

5,074.389

2019

yearly

1995 - 2019

Exports: Television (USD th)

90.642

2019

yearly

1995 - 2019

Imports: ICT Goods (USD th)

185,772.038

2018

yearly

2000 - 2018

Imports: Telecommunication Equipment (USD th)

67,392.016

2019

yearly

1995 - 2019

Imports: Television (USD th)

20,837.785

2019

yearly

1995 - 2019

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