Maputo, 18 Jun (AIM) – Mozambique’s economy, in the first quarter of 2026, grew by 0.1 percent, According to the National Statistics Institute (INE).
According to INE, in its quarterly national accounts report, this is the second consecutive quarter of growth after a year of declines. “The slight increase of 0.1 percent in Gross Domestic Product at market prices (GDPmp) compares with a contraction of 2.9 percent in the first quarter of 2025”, reads the report.
The document explains that the growth was driven by the tertiary sector (services), which expanded by 3.5 percent, led by Hotels and Restaurants, up 5.1 percent, followed by Trade and Repair Services, which grew by 4.5 percent.
On the other hand, transport, Storage and Supporting Transport Activities, together with Information and Communications sector, recorded growth of 3.9 percent, while Financial Services expanded by 3.1 percent.
The secondary sector (industry) grew by 3.2 percent, while the primary sector moved in the opposite direction, contracting by 4.8 percent, mainly due to a 21.6 percent decline in the Extractive Industries sector”, reads the report.
The government had estimated that the economy grew by 0.52 percent through March, marking a second consecutive quarter of recovery following the recession triggered by the crisis that followed the October 2024 general elections.
According to the government, the country’s economy recorded a contraction of 1.89 percent through the third quarter of 2025, with cumulative GDP growth closing the year at – 0.52 percent.
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