Mozambique GDP Growth Rate
The Gross Domestic Product (GDP) in Mozambique expanded 4.70 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Mozambique averaged 1.71 Percent from 2007 until 2014, reaching an all time high of 7.70 Percent in the fourth quarter of 2007 and a record low of -4.30 Percent in the second quarter of 2011. GDP Growth Rate in Mozambique is reported by the Instituto Nacional De Estatistica, Mozambique.
||2007 - 2014
Mozambique is one of the world's poorest and least developed countries. And years of civil wars and government mismanagement have left the nation heavily dependent on foreign aid. The economy is dominated by agriculture; prawns, cotton, cashew nuts, sugar, citrus, copra, coconuts, and timber are the most important crops. The country also has large mineral deposits (marble, bentonite, coal, gold, bauxite, granite and gemstones) with aluminum being the most important exports product. This page provides - Mozambique GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.