Mozambique GDP Annual Growth Rate  2000-2017 | Data | Chart | Calendar

The Mozambican economy advanced 2.9 percent year-on-year in the first three months of 2017, higher than 1.1 percent in the previous quarter. The output expanded faster for trade and services (8.1 percent from 7.5 percent in Q4); transportation and communication (4.4 percent from 3.3 percent); education (9.6 percent from 7.4 percent) and mining (41.6 percent, the biggest gain since the second quarter of 2012). In contrast, manufacturing slumped 4.3 percent, marking the third straight quarter of falling output; real estate went down 0.5 percent, also the third decline and agriculture fell 0.8 percent (+0.5 percent in Q4). On a quarterly basis, the GDP advanced 3.1 percent, recovering from a 0.5 percent contraction in the previous three months. The central bank expects the economy to advance between 3 percent and 4 percent in 2017, compared to an upwardly revised 3.8 percent in 2016. GDP Annual Growth Rate in Mozambique averaged 6.21 percent from 2000 until 2017, reaching an all time high of 15.30 percent in the first quarter of 2004 and a record low of -2.50 percent in the fourth quarter of 2002.