GDP (current LCU), annual growth rate in Mozambique

Mozambique: GDP (current LCU), annual growth rate was 7.01 % change on previous year in 2024. ◆ Volatile

Latest (2024)
7.01 % change on previous year
Change on year
down 36.4%
World rank
110th
of 211 countries
All-time high
64.74 % change on previous year
in 1996
All-time low
1.91 % change on previous year
in 2020
Years of data
33
1992–2024

GDP (current LCU), annual growth rate in Mozambique, 1992–2024

02040601992200820241992: 27.4 % change on previous year1993: 58.6 % change on previous year1994: 59.9 % change on previous year1995: 54.7 % change on previous year1996: 64.7 % change on previous year1997: 23.6 % change on previous year1998: 17.2 % change on previous year1999: 21.8 % change on previous year2000: 12.5 % change on previous year2001: 29.5 % change on previous year2002: 20.5 % change on previous year2003: 11.1 % change on previous year2004: 14.5 % change on previous year2005: 14.1 % change on previous year2006: 18.1 % change on previous year2007: 15.7 % change on previous year2008: 12.4 % change on previous year2009: 7.5 % change on previous year2010: 14.8 % change on previous year2011: 9.6 % change on previous year2012: 11.4 % change on previous year2013: 9.3 % change on previous year2014: 8.9 % change on previous year2015: 15 % change on previous year2016: 17.4 % change on previous year2017: 10.8 % change on previous year2018: 7.4 % change on previous year2019: 7.1 % change on previous year2020: 1.9 % change on previous year2021: 7 % change on previous year2022: 13.9 % change on previous year2023: 11 % change on previous year2024: 7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp (current lcu), annual growth rate in Mozambique stood at 7.01 % change on previous year.

The figure is down 36.4% on the previous year and down 21.0% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Mozambique peaked at 64.74 % change on previous year in 1996 and was at its lowest, 1.91 % change on previous year, in 2020.

That places Mozambique 110th out of 211 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.

GDP (current LCU), annual growth rate in Mozambique, year by year

Annual values for GDP (current LCU), annual growth rate in Mozambique, 1992 to 2024.
Year % change on previous year Change
1992 27.37 % change on previous year
1993 58.6 % change on previous year +114.1%
1994 59.92 % change on previous year +2.3%
1995 54.68 % change on previous year -8.7%
1996 64.74 % change on previous year +18.4%
1997 23.61 % change on previous year -63.5%
1998 17.17 % change on previous year -27.3%
1999 21.81 % change on previous year +27.1%
2000 12.47 % change on previous year -42.8%
2001 29.53 % change on previous year +136.8%
2002 20.45 % change on previous year -30.8%
2003 11.12 % change on previous year -45.6%
2004 14.47 % change on previous year +30.2%
2005 14.11 % change on previous year -2.5%
2006 18.11 % change on previous year +28.4%
2007 15.65 % change on previous year -13.6%
2008 12.39 % change on previous year -20.9%
2009 7.49 % change on previous year -39.5%
2010 14.84 % change on previous year +98.1%
2011 9.65 % change on previous year -35.0%
2012 11.42 % change on previous year +18.4%
2013 9.34 % change on previous year -18.2%
2014 8.87 % change on previous year -5.0%
2015 14.97 % change on previous year +68.8%
2016 17.43 % change on previous year +16.4%
2017 10.83 % change on previous year -37.9%
2018 7.41 % change on previous year -31.5%
2019 7.1 % change on previous year -4.2%
2020 1.91 % change on previous year -73.1%
2021 7.04 % change on previous year +267.7%
2022 13.92 % change on previous year +97.8%
2023 11.03 % change on previous year -20.8%
2024 7.01 % change on previous year -36.4%

Mozambique compared with similar countries

  • Mozambique's 7.01 % change on previous year is below the median for low income countries, which is 13.85 % change on previous year, 51% of the median. (24 countries reporting)
  • Mozambique's 7.01 % change on previous year is below the median for Sub-Saharan Africa, which is 9.13 % change on previous year, 77% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU), annual growth rate in Mozambique changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +267.7% 1.91 % change on previous year 7.04 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 40.98 % change on previous year 17.17 % change on previous year 64.74 % change on previous year 8
2000s 15.58 % change on previous year 7.49 % change on previous year 29.53 % change on previous year 10
2010s 11.19 % change on previous year 7.1 % change on previous year 17.43 % change on previous year 10
2020s 8.18 % change on previous year 1.91 % change on previous year 13.92 % change on previous year 5

Countries ranked near Mozambique

  1. 107 Namibia 7.08 % change on previous year compare
  2. 108 French Polynesia 7.07 % change on previous year compare
  3. 109 Solomon Islands 7.02 % change on previous year compare
  4. 111 Paraguay 6.95 % change on previous year compare
  5. 112 Albania 6.76 % change on previous year compare
  6. 113 Curacao 6.71 % change on previous year compare

See the full ranking of 211 places →

More population data for Mozambique

All data for Mozambique →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Mozambique?
Gdp (current lcu), annual growth rate in Mozambique was 7.01 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Mozambique?
The highest recorded value was 64.74 % change on previous year in 1996.
What is the lowest gdp (current lcu), annual growth rate recorded in Mozambique?
The lowest recorded value was 1.91 % change on previous year in 2020.
How does Mozambique rank for gdp (current lcu), annual growth rate?
Mozambique ranks 110th out of 211 countries with data for 2024.
Is gdp (current lcu), annual growth rate rising or falling in Mozambique?
Over the last ten years it is down 21.0%. 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 GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current LCU), annual growth rate in Mozambique. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-annual-growth-rate-2/mozambique/

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How this figure is calculated

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.