Mozambique GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$22.75

Source: world bank Nominal/PPP
Summary:

Mozambique GDP Per Capita expanded from 1991 to 2024, increasing from $3.85 to $22.75 .The compound annual growth rate (CAGR) averaged 5.53% over the period. The economy recorded its peak level in 2024 and its lowest level in 1992. Growth volatility remained high. The maximum drawdown reached 32.87%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.

Latest GDP Per Capita of Mozambique 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 22.75 dollars$ 59.06 Int dollars
Growth (YoY)8.72%4.619%
Net Change vs Previous Year$ 1.82 dollars$ 2.61 Int dollars
% of World GDP Per Capita0.02%0.03%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Mozambique GDP | Mozambique GDP Growth

Mozambique Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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1990---3.88--
19913.85--4.20.338.474 %
19922.8-1.06-27.398 %3.97-0.23-5.47 %
19932.880.083.018 %4.510.5413.57 %
19942.960.072.599 %4.910.398.713 %
19953.060.13.5 %5.120.214.264 %
19964.030.9731.633 %5.770.6512.722 %
19974.870.8420.93 %6.560.7913.743 %
19985.550.6813.9 %7.320.7611.61 %
19996.290.7313.224 %8.30.9813.399 %
20005.93-0.35-5.641 %8.560.253.049 %
20015.65-0.28-4.73 %9.871.3215.393 %
20025.950.35.32 %111.1211.373 %
20036.580.6310.633 %12.021.039.335 %
20047.941.3520.562 %13.361.3411.114 %
20058.870.9311.733 %14.651.299.645 %
20069.510.647.232 %16.61.9513.3 %
200710.811.313.687 %18.351.7510.566 %
200812.922.1119.506 %19.991.648.937 %
200912.26-0.66-5.081 %21.311.326.582 %
201011.41-0.85-6.947 %231.77.976 %
201114.623.2128.106 %25.152.159.344 %
201216.692.0714.151 %26.181.034.095 %
201317.20.513.056 %27.91.726.556 %
201417.980.784.536 %30.062.167.755 %
201516.21-1.77-9.841 %34.994.9216.371 %
201612.07-4.14-25.541 %37.72.717.757 %
201713.261.29.906 %36.13-1.57-4.165 %
201815.021.7513.213 %38.472.346.466 %
201915.510.53.299 %41.53.047.894 %
202014.24-1.28-8.234 %43.451.954.702 %
202116.171.9313.576 %46.212.756.33 %
202218.882.7216.795 %51.665.4511.805 %
202320.922.0410.79 %56.454.799.277 %
202422.751.828.72 %59.062.614.619 %

Mozambique Economic Phases (1991 - 2024)

From 1991 to 2024, Mozambique economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Expansion (1993–1995) indicating steady moderate growth
  • High Growth (1996–1999) indicating robust economic expansion
  • Contraction (2000–2001) indicating temporary slowdown
  • High Growth (2002–2008) indicating robust economic expansion
  • Contraction (2009–2010) indicating temporary slowdown
  • High Growth (2011–2012) indicating robust economic expansion
  • Expansion (2013–2014) indicating steady moderate growth
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 1996 with an increase of 31.633%, while the largest decline was in 1992 at -27.398%.