Deepening Integration in SADC - Fes-botswana.org

6.2 Macroeconomic Conditions Prevailing within
Mozambique
GDP Composition. The sectoral composition of GDP shows that
agriculture remains the largest contributor to the economy
followed by trade. As a result of economic restructuring, which led to
increased flow of foreign investment, industry and services have known
a gradual increase, with focus on industry, as a result of mega projects
such as Mozal and Sasol (Table 13 and Figure 2).
Table able 13: 13: Sectoral Sectoral Br Breakdown Br eakdown of of GDP GDP GDP, GDP GDP,
, 19987-2003
19987-2003
19987-2003
1997 1997 1998 1998 1999 1999 2000 2000 2001 2001 2002 2002 2003
2003
Agriculture 30 27.3 25.7 21.2 201 206 19.4
Fishing 3.9 3.0 2.5 2.4 1.9 1.5 1.4
Mining 0.3 0.3 0.1 0.3 0.3 0.3 0.3
Manufacturing 9.5 10.9 11.6 12.0 13.6 12.0 11.7
Electricity and water 0.8 2.0 2.8 3.0 3.2 3.7 3.9
Construction 6.6 8.3 7.8 8.8 8.1 7.9 11.7
Commerce
Restaurants and
23.0 22.3 22.1 21.5 22.7 24.7 22.5
hotels
Finance and
1.2 1.1 1.2 1.3 1.4 1.3 1.3
insurance
Real estate
Public administration
3.2 2.7 2.0 4.0 3.7 3.8 3.2
Defence
Transports
2.5 2.8 3.6 3.6 3.7 3.6 3.8
Communications 1.5 1.8 2.5 2.8 2.5 2.4 2.5
Education services
Health services
Other services
4.2 4.1 4.4 4.9 4.8 4.1 3.5
Source: INE, 2004
81