Mozambique’s gross domestic product grew 1.7% year-on-year in Q2 2026, picking up from a modest 0.1% expansion in the previous period and marking the third consecutive quarter of growth. The tertiary sector led the expansion, growing 2.5%, driven by hotels and restaurants (+14.5%) and financial services (+4.2%). The primary sector expanded 1.8%, supported by agriculture, livestock, forestry and related activities (+2.0%) and mining (+1.7%), while fishing declined 1.1%. Meanwhile, the secondary sector contracted 6.0%, mainly due to an 11.2% drop in manufacturing, although electricity, gas and water distribution rose 7.1% and construction increased 0.8%. On the demand side, household consumption and government spending grew 8.4% and 6.5%, respectively. Also, net trade contributed positively to GDP growth, as exports (+5.1%) increased faster than imports (+3.1%). Conversely, fixed investment declined by 16.5%, reflecting a decline in changes in inventories from the same period in 2025. source: Instituto Nacional De Estatistica, Mozambique

The Gross Domestic Product (GDP) in Mozambique expanded 1.70 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Mozambique averaged 4.87 percent from 2000 until 2026, reaching an all time high of 15.30 percent in the first quarter of 2004 and a record low of -5.70 percent in the fourth quarter of 2024. This page provides the latest reported value for - Mozambique GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mozambique GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

The Gross Domestic Product (GDP) in Mozambique expanded 1.70 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Mozambique is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mozambique GDP Annual Growth Rate is projected to trend around 3.50 percent in 2027 and 4.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-19 09:30 AM
GDP Growth Rate YoY
Q1 0.1% 5.1% 2.4%
2026-08-27 08:00 AM
GDP Growth Rate YoY
Q2 1.7% 0.1% 0.7%
2026-11-20 11:00 AM
GDP Growth Rate YoY
Q3 1.7% 2.3%


Related Last Previous Unit Reference
Full Year GDP Growth -0.50 1.90 percent Dec 2025
GDP Growth Rate YoY 1.70 0.10 percent Jun 2026
GDP Constant Prices 304847.00 280426.00 MZN Million Jun 2026
GDP from Agriculture 96420.00 90365.00 MZN Million Jun 2026
GDP from Construction 2780.00 3200.00 MZN Million Jun 2026
GDP from Manufacturing 15706.00 16586.00 MZN Million Jun 2026
GDP from Mining 45796.00 29500.00 MZN Million Jun 2026
GDP from Public Administration 18087.00 18086.00 MZN Million Jun 2026
GDP from Services 22241.00 19749.00 MZN Million Jun 2026
GDP from Transport 24382.00 24132.00 MZN Million Jun 2026
GDP from Utilities 5950.00 6142.00 MZN Million Jun 2026
Gross Fixed Capital Formation 286570.00 262624.00 MZN Million Dec 2025


Mozambique GDP Annual Growth Rate
The most important sector of Mozambican economy is services and accounts for 49 percent of total GDP, of which wholesale and retail trade, repair of motor vehicles (12 percent); education (8 percent) and transport (7 percent). Industry constitutes 27 percent with mining and quarrying representing 11 percent as the country has large mineral deposits (marble, bentonite, coal, gold, bauxite, granite and gemstones) with aluminum being the most important exported product. Manufacturing accounts for 10 percent and construction for 3 percent. Agriculture, hunting, forestry and fishing creates 24 percent of the wealth with prawns, cotton, cashew nuts, sugar, citrus, copra, coconuts, and timber being the most important crops. On the expenditure side, household consumption is the main component of GDP and accounts for 67 percent of its total use, followed by government expenditure (26 percent) and gross fixed capital formation (25 percent). Exports of goods and services account for 41 percent of GDP while imports account for 73 percent, subtracting 32 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
1.70 0.10 15.30 -5.70 2000 - 2026 percent Quarterly
2019=100

News Stream
Mozambique Economy Gains Traction in Q2
Mozambique’s gross domestic product grew 1.7% year-on-year in Q2 2026, picking up from a modest 0.1% expansion in the previous period and marking the third consecutive quarter of growth. The tertiary sector led the expansion, growing 2.5%, driven by hotels and restaurants (+14.5%) and financial services (+4.2%). The primary sector expanded 1.8%, supported by agriculture, livestock, forestry and related activities (+2.0%) and mining (+1.7%), while fishing declined 1.1%. Meanwhile, the secondary sector contracted 6.0%, mainly due to an 11.2% drop in manufacturing, although electricity, gas and water distribution rose 7.1% and construction increased 0.8%. On the demand side, household consumption and government spending grew 8.4% and 6.5%, respectively. Also, net trade contributed positively to GDP growth, as exports (+5.1%) increased faster than imports (+3.1%). Conversely, fixed investment declined by 16.5%, reflecting a decline in changes in inventories from the same period in 2025.
2026-08-27
Mozambique GDP Growth Subdued in Q1
The economy of Mozambique expanded by just 0.1% year-on-year in Q1 2026, following an upwardly revised 5.1% growth in the previous three-month period. This marked the second consecutive quarter of growth, albeit weak, following the recession caused by the crisis that followed the general elections of October 2024. Economic activity was driven by the tertiary sector, which rose 3.5%, led by hotels and restaurants (+5.1%) and trade and repair services (+4.5%). Transport, communications and financial services also contributed, while the secondary sector grew 3.2%, supported by utilities, manufacturing and construction. In contrast, the primary sector declined by 4.8%, weighed down by mining, which plunged 21.6%, despite gains in agriculture (+2.2%) and fishing (+0.9%).
2026-06-19
Mozambican Economy Returns to Growth
The economy of Mozambique grew by 4.7% in the fourth quarter of 2025, following a 0.9% contraction in the previous period. This marks the first period of economic expansion since the third quarter of 2024, indicating the country has emerged from a technical recession it experienced earlier. Growth was primarily driven by the secondary sector, which expanded by 4.87%, supported by a sharp 13.58% increase in manufacturing and a 4.01% rise in construction, although electricity, gas, and water supply contracted by 17.56%. The primary sector grew by 4.55%, led by mining and quarrying (+6.64%), while agriculture, livestock, forestry, and related activities rose 2.89%, and fishing increased 1.12%. Meanwhile, the tertiary sector advanced 4.09%, underpinned by strong growth in hotels and restaurants (+21.72%) and financial services (+7.29%), alongside gains in transport, storage, information and communications (+4.47%), and trade and repair services (+4.13%).
2026-02-27