Industry Sector Contribution to GDP in Mozambique (1991-2022)

Industry Sector Contribution to GDP in Mozambique (1991-2022)

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TGM StatBox. (2024). Industry Sector Contribution to GDP in Mozambique (1991-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Mozambique
Published date: 2024
Note: Industry (% of GDP), according to World Development Indicators, measures the contribution of the industrial sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of manufacturing, mining, construction, and utilities, indicating the value generated by industrial activities relative to the overall economy.
Key Takeaways
Mozambique's industry sector contribution to GDP fluctuated from 18.1% in 1991 to a peak of 25.3% in 2018, largely influenced by investment in natural resources, particularly in gas and coal. Efforts to develop infrastructure and industrialize the economy supported this growth, though the sector faced a dip during the COVID-19 pandemic, settling at 22.8% in 2022. Mozambique’s industrial sector reflects a balance between resource-driven growth and vulnerabilities tied to global market conditions, particularly for commodities.

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