GDP in Mozambique

Mozambique GDP (USD bn) | Economic News & Forecasts

Mozambique - GDP (billions of U.S. Dollars)

Leading data indicates that economic conditions remained weak in Q3, despite showing some signs of improvement, after GDP contracted heavily in Q2 due to the Covid-19 fallout. Economic sentiment climbed from July’s record low in August on the back of the industrial and services sectors. That said, sentiment remained far below its pre-pandemic levels seen earlier in the year. Moreover, although the private sector PMI edged higher in September, activity and demand continued to falter while confidence fell to a near four-year low, as pandemic-related restrictions continued to bite. In other news, the government tabled its draft 2021 budget to Parliament on 29 September, earmarking lower spending while projecting a fiscal deficit of 9.1% of GDP. Meanwhile, on 2 October, the IMF approved a six-month extension of debt service relief to several low-income countries, including Mozambique.

Mozambique - GDP (USD bn) Data

2015   2016   2017   2018   2019  
GDP (USD bn)16.2  12.0  13.3  14.7  15.0  

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Mozambique Facts

Value Change Date
Exchange Rate62.430.48 %Jan 01
Stock Market0.10.0 %Jan 06

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