Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Key economic indicators of Mozambique - statistics & facts
Mozambique is set to record economic growth of roughly five percent in 2022. After an expansion of 2.5 percent in 2021, the economy is returning to the positive performance registered before the coronavirus (COVID-19) pandemic. In 2020, the country’s GDP had shrunk by 1.2 percent, the first slowdown in recent years. The virus outbreak disrupted relevant sectors, such as mining and hospitality, besides triggering a decrease in demand for Mozambican exports. Additionally, a conflict escalation in the natural gas-rich province Cabo Delgado aggravated economic deceleration, pushing at least half a million people into poverty.
