The economy of Mozambique is $14.396 billion by gross domestic product as of 2018, and has developed since the end of the Mozambican Civil War (1977–1992). In 1987, the government embarked on a series of macroeconomic reforms, which were designed to stabilize the economy.

Oct 18, 2024 · The economic recovery gained momentum in 2023, and the economy is expected to grow by 4% per year in 2024-2026. Growth has been driven by the extractive sector, mainly liquefied natural gas (LNG) production at the Coral South offshore facility, and the service sector.

May 31, 2024 · Mozambique is set to record economic growth of roughly five percent in 2022. After an expansion of 2.5 percent in 2021, the economy is returning to the positive performance registered before...

Mozambique’s economic structure is determined largely by the extractives sector, with its large gas reserves of 180 million cubic feet, the third largest in Africa. There has been only limited structural transformation of the economy, with a slight shift from agriculture to services.

The Mozambique Economic Update (MEU) is an annual World Bank report series. The MEU assesses recent economic and social developments and prospects in Mozambique, and provides an in-depth examination of selected policy issues of strategic importance for Mozambique’s medium-term development.

Mar 10, 2023 · Mozambique’s economic recovery is picking up steam, with growth reaching 4.1% in 2022, despite global economic headwinds marked by rising fuel and food prices.

Overview In 2022, Mozambique was the number 122 economy in the world in terms of GDP (current US$), the number 99 in total exports, the number 81 in total imports, the number 180 economy in terms of GDP per capita (current US$) and the number 119 most complex economy according to the Economic Complexity Index (ECI) .

Mozambique Economic Outlook Real GDP grew by an estimated 5.0% in 2023, up from 4.2% in 2022, driven mainly by extractive industries as liquefied natural gas processing matured in the Coral South Field.

World Bank national accounts data, and OECD National Accounts data files.

Each edition includes a section on recent economic developments and a discussion of Mozambique’s economic outlook, followed by a focus section analyzing issues of importance.