Mozambique GDPMozambique GDPMozambique GDP

Mozambique GDP

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
‪20.62 B‬USD on Dec 31, 2023
Lowest
‪2.80 B‬USD on Dec 31, 1992

About Mozambique GDP


Category
GDP
Frequency
Annual
Units
USD
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.

Frequently Asked Questions


One of the ways to count Mozambique GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Mozambique GDP was 20.62 B USD, and the previous year it amounted to 18.41 B USD.
Mozambique GDP accounts for 0.02% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2023 Mozambique GDP per capita was 602.92 USD, and in 2022 it amounted to 590.37 USD.
Last quarter Mozambique real GDP amounted to ‪279.31 B‬ MZN, the quarter before that it was ‪301.48 B‬ MZN.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Mozambique GDP has ever reached is 20.62 B USD.
The lowest ever value Mozambique GDP has reached is 2.8 B USD.