In 2023, Mozambique's GDP composition was led by the Services sector at 29.31%, followed closely by Agriculture at 24.13%. Mining, Manufacturing, and Utilities contributed 18.85%, while Wholesale, retail trade, and sectors like restaurants and hotels stood at 15.07%. Transport, storage, and communication made up 10.41%, with the Construction sector bringing up the rear at 2.24%. Over recent years, the Services sector has shown steady growth, while Agriculture has fluctuated slightly, impacted by climate and market conditions.
Future trends to watch include:
- Continuing growth in the Services sector driven by modernization and investment.
- Potential increased contribution from Mining, provided global demand for raw materials stays robust.
- A need for diversification within agriculture due to vulnerability to external shocks.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 29.31 | 2016 | |
| 2 | 2 Agriculture, hunting, forestry, fishing | 24.13 | 2016 | |
| 3 | 3 Mining, Manufacturing, Utilities | 18.85 | 2016 | |
| 4 | 4 Wholesale, retail trade, restaurants and hotels | 15.07 | 2016 | |
| 5 | 5 Transport, storage and communication | 10.41 | 2016 | |
| 6 | 6 Construction | 2.24 | 2016 |
