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Mozambique GDP

Mozambique's GDP rose to $22.42 billion in 2024, up from $20.95 billion in 2023, according to World Bank. This represents an increase of 7% ($1.46 billion) from the previous year and accounts for 0.02% of the world's total GDP. Mozambique has GDP lower than the global median ($22.42 billion vs median $35.85 billion). Compared with the median in Africa, Mozambique is higher ($22.42 billion vs regional median $20.75 billion) and ranks 24th out of 52 countries in Africa.

Mozambique's GDP per capita fell to $603.59 in 2024, down from $610.17 in 2023.

Yearly Historical Data (1991-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 22.42
2023 20.95
2022 18.88
2021 16.17
2020 14.24
2019 15.51
2018 15.02
2017 13.26
2016 12.07
2015 16.21
2014 17.98
2013 17.2
2012 16.69
2011 14.62
2010 11.41
2009 12.26
2008 12.92
2007 10.81
2006 9.51
2005 8.87
2004 7.94
2003 6.58
2002 5.95
2001 5.65
2000 5.93
1999 6.29
1998 5.55
1997 4.87
1996 4.03
1995 3.06
1994 2.96
1993 2.88
1992 2.8
1991 3.85
Mozambique GDP : Definition
GDP measures the total value of all goods and services produced in Mozambique, measured in current US dollars. It is also called Nominal GDP.