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PESA Editorial - Mozambique - 1Q2017/18

Constraints on Mozambique’s 2017 Growth

PESA Editorial - Mozambique - 1Q2017/18
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  • Create Date April 5, 2018
  • Last Updated October 19, 2019

Constraints on Mozambique's 2017 Growth

The economic growth of Mozambique has been one of the fastest on the African continent for a decade, with growth averaging at 7%, between 1993 and 2014. Conversely, the growth trend altered in 2016 to a rate of 3% from 6% in 2015, driven by a tumultuous commodity market, adversarial climate conditions and the resultant depreciation of the Mozambican metical.

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