Mozambique Real GDP Growth

2007 - 2018 | Quarterly | % | CEIC Data

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The Gross Domestic Product (GDP) in Mozambique expanded 2.0 % YoY in Dec 2018, following a negative growth of 0.2 % in the previous quarter. Real GDP Growth YoY data in Mozambique is updated quarterly, available from Jun 2007 to Dec 2018, with an average rate of 1.5 %. The data reached an all-time high of 5.6 % in Dec 2007 and a record low of -3.0 % in Jun 2013. CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The National Statistics Institute provides Real GDP in local currency, at 2009 prices.

In the latest reports, Nominal GDP of Mozambique reached 15.3 USD bn in Dec 2019. Its GDP deflator (implicit price deflator) increased 3.0 % in Dec 2018. GDP Per Capita in Mozambique reached 368.4 USD in Dec 2019. Its Gross Savings Rate was measured at 11.6 % in Dec 2019.

What was Mozambique's Real GDP Growth in Dec 2018?

Last Previous Min Max Unit Frequency Range

2.0

% Dec 2018 quarterly Jun 2007 - Dec 2018

-0.2

% Sep 2018 quarterly Jun 2007 - Dec 2018

-3.0

Jun 2013

5.6

Dec 2007

%

quarterly

Jun 2007 - Dec 2018

Updated on 13 Jul 2020

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
Albania (%)

-11.0

Jun 2020

quarterly

Mar 2010 - Jun 2020

Algeria (%)

-3.9

Mar 2020

quarterly

Mar 2012 - Mar 2020

Argentina (%)

-19.8

Jun 2020

quarterly

Mar 2005 - Jun 2020

Armenia (%)

-13.7

Jun 2020

quarterly

Mar 2001 - Jun 2020

Australia (%)

-6.3

Jun 2020

quarterly

Sep 1960 - Jun 2020

Austria (%)

-14.5

Jun 2020

quarterly

Mar 1989 - Jun 2020

Azerbaijan (%)

0.2

Mar 2020

quarterly

Mar 2001 - Mar 2020

Bahrain (%)

-8.9

Jun 2020

quarterly

Mar 2009 - Jun 2020

Bangladesh (%)

5.2

2020

yearly

2007 - 2020

Belarus (%)

-3.3

Jun 2020

quarterly

Mar 2006 - Jun 2020

Belgium (%)

-5.2

Sep 2020

quarterly

Mar 1996 - Sep 2020

Bolivia (%)

-21.7

Jun 2020

quarterly

Mar 1991 - Jun 2020

Bosnia and Herzegovina (%)

-9.3

Jun 2020

quarterly

Mar 2009 - Jun 2020

Botswana (%)

-24.0

Jun 2020

quarterly

Mar 1995 - Jun 2020

Brazil (%)

-11.4

Jun 2020

quarterly

Mar 1997 - Jun 2020

Brunei (%)

2.8

Jun 2020

quarterly

Mar 2005 - Jun 2020

Bulgaria (%)

-8.6

Jun 2020

quarterly

Mar 1996 - Jun 2020

Cambodia (%)

7.1

2019

yearly

1994 - 2019

Canada (%)

-13.0

Jun 2020

quarterly

Mar 1962 - Jun 2020

Chile (%)

-13.7

Jun 2020

quarterly

Mar 1987 - Jun 2020

China (%)

4.9

Sep 2020

quarterly

Mar 1992 - Sep 2020

Colombia (%)

-15.5

Jun 2020

quarterly

Mar 2001 - Jun 2020

Croatia (%)

-15.1

Jun 2020

quarterly

Mar 1996 - Jun 2020

Cyprus (%)

-12.3

Jun 2020

quarterly

Mar 1996 - Jun 2020

Czech Republic (%)

-10.9

Jun 2020

quarterly

Mar 1996 - Jun 2020

Denmark (%)

-7.7

Jun 2020

quarterly

Mar 1992 - Jun 2020

Ecuador (%)

-12.4

Jun 2020

quarterly

Mar 1994 - Jun 2020

Egypt (%)

5.0

Mar 2020

quarterly

Sep 2002 - Mar 2020

Estonia (%)

-6.5

Jun 2020

quarterly

Mar 1996 - Jun 2020

European Union (%)

-3.9

Sep 2020

quarterly

Mar 1996 - Sep 2020

Finland (%)

-6.5

Jun 2020

quarterly

Mar 1976 - Jun 2020

France (%)

-4.3

Sep 2020

quarterly

Mar 1950 - Sep 2020

Georgia (%)

-12.3

Jun 2020

quarterly

Mar 1998 - Jun 2020

Germany (%)

-4.2

Sep 2020

quarterly

Mar 1992 - Sep 2020

Ghana (%)

-0.8

Jun 2020

quarterly

Jun 2006 - Jun 2020

Greece (%)

-15.2

Jun 2020

quarterly

Mar 1996 - Jun 2020

Hong Kong SAR, China (%)

-8.9

Jun 2020

quarterly

Mar 1991 - Jun 2020

Hungary (%)

-13.5

Jun 2020

quarterly

Mar 1996 - Jun 2020

Iceland (%)

-10.7

Jun 2020

quarterly

Mar 1996 - Jun 2020

India (%)

-23.9

Jun 2020

quarterly

Jun 2005 - Jun 2020

Indonesia (%)

-5.3

Jun 2020

quarterly

Mar 1994 - Jun 2020

Iran (%)

-6.8

Mar 2020

quarterly

Jun 1989 - Mar 2020

Ireland (%)

-3.7

Jun 2020

quarterly

Mar 1996 - Jun 2020

Israel (%)

-7.8

Jun 2020

quarterly

Mar 1996 - Jun 2020

Italy (%)

-4.5

Sep 2020

quarterly

Mar 1982 - Sep 2020

Ivory Coast (%)

7.4

2018

yearly

1966 - 2018

Japan (%)

-10.1

Jun 2020

quarterly

Mar 1956 - Jun 2020

Jordan (%)

-3.6

Jun 2020

quarterly

Mar 1993 - Jun 2020

Kazakhstan (%)

4.9

Dec 2019

quarterly

Mar 2006 - Dec 2019

Kenya (%)

5.1

Mar 2020

quarterly

Mar 2010 - Mar 2020

South Korea (%)

-1.3

Sep 2020

quarterly

Mar 1961 - Sep 2020

Kosovo (%)

-9.3

Jun 2020

quarterly

Mar 2011 - Jun 2020

Kuwait (%)

-2.5

Mar 2020

quarterly

Jun 2010 - Mar 2020

Kyrgyzstan (%)

-5.3

Jun 2020

quarterly

Mar 2007 - Jun 2020

Laos (%)

6.2

2018

yearly

2003 - 2018

Latvia (%)

-3.1

Sep 2020

quarterly

Mar 1996 - Sep 2020

Lebanon (%)

-1.9

2018

yearly

2005 - 2018

Lithuania (%)

-4.6

Jun 2020

quarterly

Jun 1995 - Jun 2020

Luxembourg (%)

-0.2

Mar 2020

quarterly

Mar 1996 - Mar 2020

Macau SAR, China (%)

-67.8

Jun 2020

quarterly

Mar 2002 - Jun 2020

North Macedonia (%)

-12.7

Jun 2020

quarterly

Mar 2001 - Jun 2020

Malawi (%)

4.0

2018

yearly

2003 - 2018

Malaysia (%)

-17.1

Jun 2020

quarterly

Mar 2001 - Jun 2020

Malta (%)

-16.2

Jun 2020

quarterly

Mar 2001 - Jun 2020

Mauritius (%)

-32.5

Jun 2020

quarterly

Mar 2001 - Jun 2020

Mexico (%)

-8.6

Sep 2020

quarterly

Mar 1981 - Sep 2020

Moldova (%)

0.9

Jun 2020

quarterly

Mar 1996 - Jun 2020

Mongolia (%)

-9.1

Jun 2020

quarterly

Mar 2011 - Jun 2020

Montenegro (%)

-20.2

Jun 2020

quarterly

Mar 2011 - Jun 2020

Morocco (%)

-14.9

Jun 2020

quarterly

Mar 2008 - Jun 2020

Mozambique (%)

2.0

Dec 2018

quarterly

Jun 2007 - Dec 2018

Myanmar (%)

6.8

2019

yearly

2011 - 2019

Nepal (%)

-2.7

Mar 2020

quarterly

Dec 2004 - Mar 2020

Netherlands (%)

-9.2

Jun 2020

quarterly

Mar 1997 - Jun 2020

New Zealand (%)

-10.1

Jun 2020

quarterly

Jun 1983 - Jun 2020

Nigeria (%)

-6.1

Jun 2020

quarterly

Mar 2011 - Jun 2020

Norway (%)

-5.3

Jun 2020

quarterly

Mar 1979 - Jun 2020

Oman (%)

-0.8

2019

yearly

1999 - 2019

Pakistan (%)

0.5

2020

yearly

2001 - 2020

Palestinian Territory (%)

-4.9

Mar 2020

quarterly

Jun 2011 - Mar 2020

Panama (%)

0.4

Mar 2020

quarterly

Mar 2008 - Mar 2020

Paraguay (%)

-6.5

Jun 2020

quarterly

Mar 1995 - Jun 2020

Peru (%)

-30.2

Jun 2020

quarterly

Mar 1981 - Jun 2020

Philippines (%)

-16.3

Jun 2020

quarterly

Mar 1999 - Jun 2020

Poland (%)

-8.0

Jun 2020

quarterly

Mar 1996 - Jun 2020

Portugal (%)

1.8

Jun 2019

quarterly

Mar 1996 - Jun 2019

Qatar (%)

-6.1

Jun 2020

quarterly

Mar 2012 - Jun 2020

Romania (%)

-10.2

Jun 2020

quarterly

Mar 1996 - Jun 2020

Russia (%)

-5.6

Jun 2020

quarterly

Mar 1996 - Jun 2020

Saudi Arabia (%)

-7.0

Jun 2020

quarterly

Mar 2011 - Jun 2020

Serbia (%)

4.5

Sep 2019

quarterly

Mar 1997 - Sep 2019

Singapore (%)

-7.0

Sep 2020

quarterly

Mar 1976 - Sep 2020

Slovakia (%)

-12.1

Jun 2020

quarterly

Mar 1994 - Jun 2020

Slovenia (%)

-13.1

Jun 2020

quarterly

Mar 1996 - Jun 2020

South Africa (%)

-17.2

Jun 2020

quarterly

Mar 1961 - Jun 2020

Spain (%)

-8.7

Sep 2020

quarterly

Mar 1996 - Sep 2020

Sri Lanka (%)

-1.6

Mar 2020

quarterly

Mar 2011 - Mar 2020

Sudan (%)

5.6

2018

yearly

1983 - 2018

Sweden (%)

-7.7

Jun 2020

quarterly

Mar 1982 - Jun 2020

Switzerland (%)

-8.2

Jun 2020

quarterly

Mar 1966 - Jun 2020

Syria (%)

1.6

2018

yearly

1961 - 2018

Taiwan (%)

-0.2

Jun 2020

quarterly

Mar 1983 - Jun 2020

Tajikistan (%)

7.2

Sep 2019

quarterly

Mar 2000 - Sep 2019

Thailand (%)

-12.1

Jun 2020

quarterly

Mar 1994 - Jun 2020

Tunisia (%)

-20.8

Jun 2020

quarterly

Mar 2001 - Jun 2020

Turkey (%)

-9.9

Jun 2020

quarterly

Mar 1999 - Jun 2020

Ukraine (%)

-11.4

Jun 2020

quarterly

Mar 2002 - Jun 2020

United Arab Emirates (%)

1.9

Mar 2020

quarterly

Jun 2012 - Mar 2020

United Kingdom (%)

-21.5

Jun 2020

quarterly

Mar 1956 - Jun 2020

United States (%)

-2.9

Sep 2020

quarterly

Mar 1948 - Sep 2020

Uruguay (%)

-10.6

Jun 2020

quarterly

Mar 1998 - Jun 2020

Uzbekistan (%)

0.4

Sep 2020

quarterly

Mar 2016 - Sep 2020

Venezuela (%)

-26.8

Mar 2019

quarterly

Mar 1998 - Mar 2019

Vietnam (%)

10.8

Sep 2020

quarterly

Jun 2010 - Sep 2020

Yemen (%)

-10.0

2017

yearly

1991 - 2017

Zambia (%)

3.3

Sep 2017

quarterly

Mar 2015 - Sep 2017

Mozambique Key Series

Buy this table Includes All Indicators: series Instant access to full history data in excel
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
Population (Person mn)

28.6

2019

yearly

1950 - 2019

Labour Force Participation Rate (%)

77.9

2020

yearly

1990 - 2020

Unemployment Rate (%)

3.24

2020

yearly

1991 - 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

Trade Balance (USD mn)

-195.3

Jun 2020

monthly

Jan 2011 - Jun 2020

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)

1,020,575.156

2019

yearly

1995 - 2019

Exports: Medicament (USD th)

100.141

2019

yearly

1995 - 2019

Exports: Medicinal and Pharmaceutical Product (USD th)

163.132

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)

129,471.231

2019

yearly

1995 - 2019

Imports: Medicinal and Pharmaceutical Product (USD th)

39,934.939

2019

yearly

1995 - 2019

Total Exports to USA (USD mn)

2.228

Jul 2020

monthly

Dec 2006 - Jul 2020

Total Imports from USA (USD mn)

15.407

Jul 2020

monthly

Jun 1996 - Jul 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

Jul 2020

monthly

Aug 2011 - Jul 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)

8.25

Sep 2020

monthly

Nov 2005 - Sep 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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