Analysis by Region - Emerging Markets - Mozambique

Analysis by Region - Emerging Markets - Mozambique

We have raised our real GDP growth forecast for Mozambique in 2023 to 4.4%, from 3.6% previously, following the stronger-than-expected economic activity in H1 despite the disruptive widespread flooding in Q1. The economy is powering ahead thanks to the ramp-up in offshore LNG production in the Rovuma basin and buoyant agricultural output.