Gross Domestic Product — Value US$, annual growth rate in Mozambique
Mozambique: Gross Domestic Product — Value US$, annual growth rate was 6.98 % change on previous year in 2024. ◆ Volatile
Latest (2024)
6.98 % change on previous year
Change on year
down 36.4%
World rank
84th
of 236 countries
All-time high
32.56 % change on previous year
in 1985
All-time low
-64.11 % change on previous year
in 1987
Years of data
54
1971–2024
Gross Domestic Product — Value US$, annual growth rate in Mozambique, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mozambique recorded 6.98 % change on previous year for gross domestic product — value us$, annual growth rate in 2024.
The figure is down 36.4% on the previous year and up 53.9% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Mozambique peaked at 32.56 % change on previous year in 1985 and was at its lowest, -64.11 % change on previous year, in 1987.
That places Mozambique 84th out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Mozambique, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.33 % change on previous year | — |
| 1972 | 11.95 % change on previous year | +5.5% |
| 1973 | 17.75 % change on previous year | +48.5% |
| 1974 | 4.58 % change on previous year | -74.2% |
| 1975 | 3.54 % change on previous year | -22.7% |
| 1976 | -8.94 % change on previous year | -352.7% |
| 1977 | 1.22 % change on previous year | -113.6% |
| 1978 | 4.49 % change on previous year | +268.6% |
| 1979 | 5.14 % change on previous year | +14.3% |
| 1980 | -1.56 % change on previous year | -130.4% |
| 1981 | -3.64 % change on previous year | +133.1% |
| 1982 | 5.01 % change on previous year | -237.4% |
| 1983 | -7.03 % change on previous year | -240.4% |
| 1984 | 13.4 % change on previous year | -290.7% |
| 1985 | 32.56 % change on previous year | +142.9% |
| 1986 | 21.34 % change on previous year | -34.5% |
| 1987 | -64.11 % change on previous year | -400.4% |
| 1988 | -13.78 % change on previous year | -78.5% |
| 1989 | 9.35 % change on previous year | -167.8% |
| 1990 | 11.08 % change on previous year | +18.5% |
| 1991 | -6.31 % change on previous year | -156.9% |
| 1992 | -27.4 % change on previous year | +334.1% |
| 1993 | 3.02 % change on previous year | -111.0% |
| 1994 | 2.6 % change on previous year | -13.9% |
| 1995 | 3.5 % change on previous year | +34.6% |
| 1996 | 31.63 % change on previous year | +803.7% |
| 1997 | 20.93 % change on previous year | -33.8% |
| 1998 | 13.9 % change on previous year | -33.6% |
| 1999 | 13.22 % change on previous year | -4.9% |
| 2000 | -5.64 % change on previous year | -142.7% |
| 2001 | -4.73 % change on previous year | -16.1% |
| 2002 | 5.32 % change on previous year | -212.5% |
| 2003 | 10.63 % change on previous year | +99.9% |
| 2004 | 20.56 % change on previous year | +93.4% |
| 2005 | 11.73 % change on previous year | -42.9% |
| 2006 | 7.23 % change on previous year | -38.4% |
| 2007 | 13.69 % change on previous year | +89.3% |
| 2008 | 19.51 % change on previous year | +42.5% |
| 2009 | -5.08 % change on previous year | -126.0% |
| 2010 | -6.95 % change on previous year | +36.7% |
| 2011 | 28.11 % change on previous year | -504.6% |
| 2012 | 14.15 % change on previous year | -49.7% |
| 2013 | 3.06 % change on previous year | -78.4% |
| 2014 | 4.54 % change on previous year | +48.4% |
| 2015 | -9.84 % change on previous year | -317.0% |
| 2016 | -25.54 % change on previous year | +159.5% |
| 2017 | 9.91 % change on previous year | -138.8% |
| 2018 | 13.21 % change on previous year | +33.4% |
| 2019 | 3.3 % change on previous year | -75.0% |
| 2020 | -8.23 % change on previous year | -349.6% |
| 2021 | 13.58 % change on previous year | -264.9% |
| 2022 | 16.79 % change on previous year | +23.7% |
| 2023 | 10.97 % change on previous year | -34.7% |
| 2024 | 6.98 % change on previous year | -36.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.67 % change on previous year | -8.94 % change on previous year | 17.75 % change on previous year | 9 |
| 1980s | -0.8467 % change on previous year | -64.11 % change on previous year | 32.56 % change on previous year | 10 |
| 1990s | 6.62 % change on previous year | -27.4 % change on previous year | 31.63 % change on previous year | 10 |
| 2000s | 7.32 % change on previous year | -5.64 % change on previous year | 20.56 % change on previous year | 10 |
| 2010s | 3.39 % change on previous year | -25.54 % change on previous year | 28.11 % change on previous year | 10 |
| 2020s | 8.02 % change on previous year | -8.23 % change on previous year | 16.79 % change on previous year | 5 |
Countries ranked near Mozambique
- 81 Montenegro 7.23 % change on previous year compare
- 82 Cyprus 7.22 % change on previous year compare
- 83 Armenia 7.06 % change on previous year compare
- 85 Morocco 6.92 % change on previous year compare
- 86 Caribbean 6.85 % change on previous year compare
- 87 China, Hong Kong SAR 6.83 % change on previous year 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$), annual growth rate 5.66 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Mozambique?
- Gross domestic product — value us$, annual growth rate in Mozambique was 6.98 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Mozambique?
- The highest recorded value was 32.56 % change on previous year in 1985.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Mozambique?
- The lowest recorded value was -64.11 % change on previous year in 1987.
- How does Mozambique rank for gross domestic product — value us$, annual growth rate?
- Mozambique ranks 84th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Mozambique?
- Over the last ten years it is up 53.9%. The long-run trend across the full record is volatile.
- Where does this Mozambique data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.