mz Mozambique 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$21.52 billion

↑ 2.72% vs 2023
GDP per Capita

$639.95

↑ 2.72% vs 2023
GDP Growth (Annual %)

2.72%

↓ 2.71pp vs 2023
Inflation Rate (CPI %)

N/A

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $20.95 billion $21.52 billion +2.72%
GDP per Capita $622.99 $639.95 +2.72%
GDP Growth (Annual %) 5.44% 2.72% -2.71pp
Inflation (CPI %) 7.13% N/A N/A
Unemployment Rate (%) 3.52% 3.53% +0.01pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$21.52 billion
GDP per Capita
$639.95
GDP Growth (Annual %)
2.72%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
N/A
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
3.53%
Interest Rate (Real %)
N/A
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Mozambique's Gross Domestic Product (GDP) is $21.52 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Mozambique for 2024 is $639.95. GDP per capita is calculated by dividing the country's GDP by its population.

Mozambique's annual GDP growth rate for 2024 is 2.72%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Mozambique for 2024 is 3.53%. This represents the percentage of the labor force that is unemployed and actively seeking employment.