Real Gross Domestic Product for Mozambique
MOZNGDPRPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.52
Year-over-Year Change
-54.25%
Date Range
1/1/2000 - 1/1/2026
Summary
This trend measures the real gross domestic product (GDP) per capita for Mozambique, providing a gauge of the country's economic growth and living standards.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Real GDP per capita is a widely used indicator of a country's economic performance and development. It represents the total output of goods and services produced per person, adjusted for inflation, offering insights into a population's material well-being and standard of living.
Methodology
The data is calculated by the International Monetary Fund (IMF) based on official government statistics.
Historical Context
Policymakers and analysts use this metric to evaluate Mozambique's economic progress and make informed decisions.
Key Facts
- Mozambique's real GDP per capita was $462 in 2021.
- The country's real GDP per capita has grown by an average of 3.5% annually over the past decade.
- Mozambique's real GDP per capita remains significantly lower than the global average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) per capita for Mozambique, which represents the total output of goods and services produced per person, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Real GDP per capita is a widely used indicator of a country's economic performance and development, offering insights into a population's material well-being and standard of living.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund (IMF) based on official government statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Mozambique's economic progress and make informed decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of official government statistics in Mozambique.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product for Mozambique (MOZNGDPRPCPPPT), retrieved from FRED.