Mozambique 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$20.95 billion
↑ 10.97% vs 2022GDP per Capita
$622.99
↑ 7.74% vs 2022GDP Growth (Annual %)
5.44%
↑ 1.07pp vs 2022Inflation Rate (CPI %)
7.13%
↓ 3.15pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $18.88 billion | $20.95 billion | +10.97% |
| GDP per Capita | $578.25 | $622.99 | +7.74% |
| GDP Growth (Annual %) | 4.36% | 5.44% | +1.07pp |
| Inflation (CPI %) | 10.28% | 7.13% | -3.15pp |
| Unemployment Rate (%) | 3.60% | 3.52% | -0.08pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $20.95 billion
- GDP per Capita
- $622.99
- GDP Growth (Annual %)
- 5.44%
- Gross National Income
- $19.12 billion
Prices & Employment
- Inflation (CPI %)
- 7.13%
- Inflation (GDP Deflator %)
- 5.30%
- Unemployment Rate (%)
- 3.52%
- Interest Rate (Real %)
- 17.47%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -10.53%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Mozambique's Gross Domestic Product (GDP) is $20.95 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Mozambique for 2023 is $622.99. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Mozambique for 2023 is 7.13%. This measures the annual percentage change in the cost of consumer goods and services.
Mozambique's annual GDP growth rate for 2023 is 5.44%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Mozambique for 2023 is 3.52%. This represents the percentage of the labor force that is unemployed and actively seeking employment.