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The African Exponent DATA

Country

🇲🇿 Mozambique

MZ · MZN Mozambican metical · Compare Mozambique →

Policy rate 9.25% Taxa MIMO · 29 Jul 2026
Headline inflation 6.45% Aug 2026
FX premium +16.93% market vs official
Latest T-bill 12.10% 91-day · 9 Sep 2026

Tier 1 · Markets

The Market Now

Series Per US$1 As of Source
Official 63.91 24 Sep 2026, 00:00 UTC BdM
Marketparallel 74.73 27 Sep 2026, 00:35 UTC Binance P2P
Premium +16.93% — market vs official

Official rate, 10-year annual average (World Bank)

315069201420162018202020222024

Premium history · since Aug 2026 · our collectors

16%17%18%Aug 2026Sep 2026

Download CSV — FX history · Download CSV — official rate, annual

Tier 2 · Policy & Prices

Policy & Prices

Policy rate

Instrument Rate Effective Source
Banco de Moçambique Taxa MIMO 9.25% 29 Jul 2026 Banco de Moçambique

As of 21 Sep 2026, 09:30 UTC

Inflation

Series YoY Period Source
Headline 6.45% Aug 2026 Source

As of 12 Sep 2026, 19:49 UTC

Download CSV — headline

Yield curve

weighted avg BdM

91-day 12.10% 9 Sep 2026
182-day 12.17% 9 Sep 2026
364-day 12.09% 9 Sep 2026

Flat — 91-day and 364-day within 25bp.

Download CSV — auction history

Tier 3 · Structure

Structure & trajectory

Annual indicators, latest available year on each card · Sources: World Bank / UN / IMF WEO Oct 2025 / V-Dem / EIA

18 of 28 indicators improving improving

Rule: for each metric with at least two observations, direction is the sign of (latest − earliest). Child mortality, $3/day poverty, national poverty, debt service, debt-to-GDP, and the Gini index are inverted (a decline is improvement). Overall: improving if ≥60% of those metrics improved, mixed if 40–60%, worsening if <40%.

Population

35.6M · 2025

26M31M36M201520172019202120232025

↑ 9.8M since 2014

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GDP per capita (PPP)

$1,698 · 2025

$1,200$1,450$1,700201520172019202120232025

↑ $532.11 since 2014

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GDP per capita growth

-3.3% · 2025

-5%0%5%201520172019202120232025

↓ 7.9 pts since 2014

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Life expectancy

63.8 years · 2024

5760.564201420162018202020222024

↑ 5.8 years since 2014

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Child mortality

59.4 per 1,000 · 2024

5969.580201420162018202020222024

↓ 20.3 since 2014

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Internet users

20.5% · 2024

6%13.5%21%201420162018202020222024

↑ 14.5 pts since 2014

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Manufacturing share of GDP

6.2% · 2025

6.1%7.4%8.7%201520172019202120232025

↓ 2 pts since 2014

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Electricity access

36.9% · 2024

24%30.5%37%201420162018202020222024

↑ 12.1 pts since 2014

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Poverty ($3/day)

81.4% · 2022

74%78%82%20142016201820202022

↑ 7 pts since 2014

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National poverty line

65% · 2022

48%58%68%20142016201820202022

↑ 16.6 pts since 2014

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Adult literacy

61.7% · 2022

56%59%62%201520192022

↑ 5.6 pts since 2015

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Debt service / exports

46.5% · 2024

13%56.5%100%201420162018202020222024

↑ 33.1 pts since 2014

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Exports of goods and services

$9.4B · 2024

$3.7B$6.5B$9.4B201420162018202020222024

↑ $4.7B since 2014

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GDP growth

-0.5% · 2025

-2%0%8%201520172019202120232025

↓ 8.2 pts since 2014

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GDP

$22.3B · 2025

$12B$17.5B$23B201520172019202120232025

↑ $4.4B since 2014

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Unemployment

6.6% · 2025

3.4%5.1%6.8%201520172019202120232025

↑ 3.3 pts since 2014

ILO modeled estimate — national definitions differ

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FDI inflows

$3.5B · 2024

$1.6B$3.5B$5.3B201420162018202020222024

↓ $1.5B since 2014

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Remittances

$266.9M · 2024

$93M$256.5M$420M201420162018202020222024

↑ $111.4M since 2014

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External debt

$69.8B · 2024

$34B$52B$70B201420162018202020222024

↑ $35.2B since 2014

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Agriculture share of GDP

25.6% · 2025

23%25%27%201520172019202120232025

↑ 0.9 pts since 2014

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Services share of GDP

42% · 2025

39%43%47%201520172019202120232025

↓ 5.4 pts since 2014

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Investment rate

not available

Terms of trade

117.50 · 2024

96.00128.00160.00201420162018202020222024

↑ 20.60 since 2014

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FX reserves

$3.8B · 2024

$2B$3B$4.1B201420162018202020222024

↑ $621.5M since 2014

includes gold

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Lending rate

17.5% · 2025

14%21%28%201520172019202120232025

↑ 2.7 pts since 2014

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Deposit rate

5.8% · 2025

5.7%11.3%17%201520172019202120232025

↓ 2.8 pts since 2014

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Gini index

49.60 · 2022

49.0051.5054.0020142016201820202022

↓ 4.40 since 2014

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Health expenditure

8.5% · 2023

6.2%7.4%8.6%2014201820202023

↑ 2.3 pts since 2014

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Physicians

0.2 per 1,000 · 2022

0.0770.12850.18201720182019202020212022

↑ 0.1 since 2017

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Tertiary enrollment

7.5% · 2018

6.2%6.8%7.5%20142015201620172018

↑ 1.2 pts since 2014

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Tourist arrivals

2M · 2019

1.5M2.2M2.9M201420152016201720182019

↑ 282,000 since 2014

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Account ownership

54.4% · 2024

41%47.5%54%201720212024

↑ 12.7 pts since 2017

Findex · every 3–4 years

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Exports per capita derived

$270.22 · 2024

$130$210$290201420162018202020222024

↑ $90.25 since 2014

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Median age

16.3 years · 2023

1515.5162014201820202023

↑ 0.5 years since 2014

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Government revenue / GDP

26.5% · 2026

23%26.5%30%201620182020202220242026

↓ 3.5 pts since 2014

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Debt to GDP

106.1% · 2026

63%91.5%120%20142017202020232026

↑ 42.7 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Gross debt (national currency)

MZN 1.6T · 2026

MZN 350BMZN 975BMZN 1.6T20142017202020232026

↑ MZN 1.2T since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Current account / GDP

-43% · 2026

-44%-27.5%-11%20142017202020232026

↓ 7.2 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

Download CSV

Budget balance / GDP

-6.5% · 2026

-10%0%2%20142017202020232026

↑ 3.3 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Electoral democracy

0.28 · 2025

0.270.350.44201520172019202120232025

↓ 0.15 since 2014

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Trade profile

Exports

$9.4B · 2024

$3.7B$6.5B$9.4B201420162018202020222024

↑ $4.7B since 2014

Imports

$10.5B · 2024

$7.8B$11.9B$16B201420162018202020222024

↓ $1.1B since 2014

Balance derived

−$1.1B · 2024

$-7B$-4B$-1.1B201420162018202020222024

↑ $5.8B since 2014

Top exports · 2024

Products

  1. Mineral fuels $4.8B · 58.9%
  2. Aluminium $1.3B · 15.7%
  3. Ores, slag and ash $469.4M · 5.7%
  4. Oil seeds and oleaginous fruits $275.9M · 3.4%
  5. Tobacco $217.2M · 2.6%
  6. Edible fruit and nuts $172M · 2.1%
  7. Edible vegetables $167.9M · 2.0%
  8. Salt, earths, stone, cement $136M · 1.7%
  9. Pearls, precious stones and metals $121.9M · 1.5%
  10. Sugars and confectionery $43.6M · 0.5%

Partners

  1. India $1.5B · 17.9%
  2. China $1.3B · 16.4%
  3. South Africa $1.2B · 14.7%
  4. Singapore $715.5M · 8.7%
  5. South Korea $405.9M · 4.9%
  6. Vietnam $350.7M · 4.3%
  7. United Kingdom $330M · 4.0%
  8. Netherlands $294M · 3.6%
  9. United Arab Emirates $179.5M · 2.2%
  10. Zambia $173.1M · 2.1%

Top imports · 2024

Products

  1. Mineral fuels $2B · 21.3%
  2. Machinery and mechanical appliances $981.7M · 10.7%
  3. Cereals $787.3M · 8.5%
  4. Vehicles other than railway $655.2M · 7.1%
  5. Electrical machinery and equipment $549.5M · 6.0%
  6. Inorganic chemicals $309.4M · 3.4%
  7. Animal or vegetable fats and oils $268.7M · 2.9%
  8. Articles of iron or steel $218.5M · 2.4%
  9. Iron and steel $218.2M · 2.4%
  10. Plastics $217.7M · 2.4%

Partners

  1. South Africa $2.3B · 25.0%
  2. China $1.5B · 16.2%
  3. India $626M · 6.8%
  4. United Arab Emirates $531.3M · 5.8%
  5. Oman $509.4M · 5.5%
  6. Singapore $432.9M · 4.7%
  7. Portugal $298.7M · 3.2%
  8. Australia $234M · 2.5%
  9. Japan $204.2M · 2.2%
  10. Malaysia $200.1M · 2.2%

2025 filings are still arriving — this page updates as each country reports

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