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Analysis by Region - Emerging Markets - Mozambique

Publisher Oxford Economics
Published Jun 23, 2025
Length 6 Pages
SKU # OFE20204894

Description

Mozambique's economy suffered a major setback in Q4 2024 when violent protests erupted country-wide following the disputed election. The impact of the turmoil continued to drag down economic growth in Q1 2025, while the prevailing global economic uncertainty stemming from the global trade war has dimmed the country's economic prospects. Our baseline view is that the Trump administration's unpredictable tariff regime will sustain this uncertainty for the remainder of the year. As a result, we have lowered our real GDP growth forecast for 2025 to 2.0% from our previous prediction of 3.2%.

Table of Contents

6 Pages
Mozambique: Staring down the spectres of tariffs and turmoil
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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