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Analysis by Region - Emerging Markets - Mozambique

Publisher Oxford Economics
Published Dec 10, 2025
Length 7 Pages
SKU # OFE20650284

Description

The Mozambican economy will make a modest recovery next year after violent unrest in late 2024 sent it reeling in 2025. Improved investor sentiment, a more favourable political environment, and the restart of mega gas projects will nudge economic growth rates higher in 2026. However, fiscal consolidation efforts – expected to be mandated by a yet-to-be-approved IMF loan programme – and lower gas production will partially offset the expansionary impact of these developments. As such, we project that real GDP growth will average 2.5% (previously 3.8%) in 2026 before rising to 4.0% in 2027.

Table of Contents

7 Pages
Mozambique: Economic growth will recover modestly in 2026
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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