Gross Domestic Product — Value Standard Local Currency in Mozambique
Mozambique: Gross Domestic Product — Value Standard Local Currency was 1.43 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Mozambique, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency in Mozambique is 1.43 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 7.0% on the previous year and up 154.1% over ten years.
Over the whole period, gross domestic product — value standard local currency in Mozambique peaked at 1.43 million million SLC in 2024 and was at its lowest, 115.78 million SLC, in 1970.
Mozambique ranks 97th of 218 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency in Mozambique, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 115.78 million SLC | — |
| 1971 | 126.93 million SLC | +9.6% |
| 1972 | 135.79 million SLC | +7.0% |
| 1973 | 144.89 million SLC | +6.7% |
| 1974 | 157.04 million SLC | +8.4% |
| 1975 | 163.52 million SLC | +4.1% |
| 1976 | 176.16 million SLC | +7.7% |
| 1977 | 179.36 million SLC | +1.8% |
| 1978 | 184.91 million SLC | +3.1% |
| 1979 | 194.41 million SLC | +5.1% |
| 1980 | 206.68 million SLC | +6.3% |
| 1981 | 217.28 million SLC | +5.1% |
| 1982 | 243.78 million SLC | +12.2% |
| 1983 | 241.13 million SLC | -1.1% |
| 1984 | 288.83 million SLC | +19.8% |
| 1985 | 389.52 million SLC | +34.9% |
| 1986 | 442.51 million SLC | +13.6% |
| 1987 | 1,142 million SLC | +158.1% |
| 1988 | 1,777 million SLC | +55.6% |
| 1989 | 2,759 million SLC | +55.3% |
| 1990 | 3,823 million SLC | +38.5% |
| 1991 | 5,530 million SLC | +44.7% |
| 1992 | 7,043 million SLC | +27.4% |
| 1993 | 11,170 million SLC | +58.6% |
| 1994 | 17,863 million SLC | +59.9% |
| 1995 | 27,629 million SLC | +54.7% |
| 1996 | 45,515 million SLC | +64.7% |
| 1997 | 56,260 million SLC | +23.6% |
| 1998 | 65,917 million SLC | +17.2% |
| 1999 | 80,294 million SLC | +21.8% |
| 2000 | 90,308 million SLC | +12.5% |
| 2001 | 116,979 million SLC | +29.5% |
| 2002 | 140,902 million SLC | +20.5% |
| 2003 | 156,571 million SLC | +11.1% |
| 2004 | 179,234 million SLC | +14.5% |
| 2005 | 204,516 million SLC | +14.1% |
| 2006 | 241,557 million SLC | +18.1% |
| 2007 | 279,372 million SLC | +15.7% |
| 2008 | 313,973 million SLC | +12.4% |
| 2009 | 337,482 million SLC | +7.5% |
| 2010 | 387,549 million SLC | +14.8% |
| 2011 | 424,947 million SLC | +9.6% |
| 2012 | 473,492 million SLC | +11.4% |
| 2013 | 517,733 million SLC | +9.3% |
| 2014 | 563,666 million SLC | +8.9% |
| 2015 | 648,075 million SLC | +15.0% |
| 2016 | 761,029 million SLC | +17.4% |
| 2017 | 843,423 million SLC | +10.8% |
| 2018 | 905,940 million SLC | +7.4% |
| 2019 | 970,297 million SLC | +7.1% |
| 2020 | 988,864 million SLC | +1.9% |
| 2021 | 1.06 million million SLC | +7.0% |
| 2022 | 1.21 million million SLC | +13.9% |
| 2023 | 1.34 million million SLC | +11.0% |
| 2024 | 1.43 million million SLC | +7.0% |
Mozambique compared with similar countries
- Mozambique's 1.43 million million SLC is below the median for low income countries, which is 11.93 million million SLC, 12% of the median. (23 countries reporting)
- Mozambique's 1.43 million million SLC is below the median for Sub-Saharan Africa, which is 8.81 million million SLC, 16% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency in Mozambique changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +158.1% | 442.51 million SLC | 1,142 million SLC |
| 1996 | +64.7% | 27,629 million SLC | 45,515 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 157.88 million SLC | 115.78 million SLC | 194.41 million SLC | 10 |
| 1980s | 770.83 million SLC | 206.68 million SLC | 2,759 million SLC | 10 |
| 1990s | 32,104 million SLC | 3,823 million SLC | 80,294 million SLC | 10 |
| 2000s | 206,089 million SLC | 90,308 million SLC | 337,482 million SLC | 10 |
| 2010s | 649,615 million SLC | 387,549 million SLC | 970,297 million SLC | 10 |
| 2020s | 1.20 million million SLC | 988,864 million SLC | 1.43 million million SLC | 5 |
Countries ranked near Mozambique
- 94 Central African Republic 1.67 million million SLC compare
- 95 Spain 1.59 million million SLC compare
- 96 Morocco 1.54 million million SLC compare
- 98 Afghanistan 1.42 million million SLC compare
- 99 Kyrgyzstan 1.40 million million SLC compare
- 100 New Caledonia 1.17 million million SLC compare
More economy & growth data for Mozambique
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 8.46 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -44.11 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0019 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1.27 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.51 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1542 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 101.31 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.66 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency in Mozambique?
- Gross domestic product — value standard local currency in Mozambique was 1.43 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Mozambique?
- The highest recorded value was 1.43 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Mozambique?
- The lowest recorded value was 115.78 million SLC in 1970.
- How does Mozambique rank for gross domestic product — value standard local currency?
- Mozambique ranks 97th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Mozambique?
- Over the last ten years it is up 154.1%. The long-run trend across the full record is volatile.
- Where does this Mozambique data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).