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Mozambique External Debt

Total external debt stocks  DT.DOD.DECT.CD

Mozambique's external debt was $72.5B in 2025, ranked 22nd globally. This represents a 3.9% increase from 2024. Data from World Bank, covering 1984–2025.

$72.5B +$2.7B (+3.9%)
Year 2025 Rank #22 Global Peak $72.5B (2025) Source World Bank

Mozambique External Debt (1984–2025)

Overview

Mozambique's external debt stood at $72.5B in 2025, a rise of +$2.7B from 2024. Based on recent trends, this figure is projected to reach $72.5B by 2025. Mozambique ranked 22nd globally.

Mozambique's external debt has experienced significant fluctuations over the 42-year period from 1984 to 2025. At the trough in 1984, Mozambique's external debt stood at $1,325,188,500.90, while its all-time peak in 2025 reached $72,479,822,072.82, ranking the country 22nd globally. In comparison, neighboring countries such as Uzbekistan ($78,359,760,817.60) and Morocco ($69,232,956,363.28) also exhibit elevated external debt levels. The country's debt has thus far been on an upward trajectory, with the latest value in 2025 mirroring the all-time peak. The external debt of Mozambique has more than 54-fold since 1984, reflecting the country's efforts to rebuild and invest in post-conflict reconstruction and development. Future debt management strategies and economic reforms will be crucial in determining the trajectory of Mozambique's external debt, and a significant reduction in debt service costs could potentially alter the current trend.

Data & projection

Year External Debt YoY change Rank
2027* trend $77.0B - -
2026* trend $74.7B - -
2025* trend $72.5B - -
2025 $72.5B +$2.7B #22
2024 $69.8B +$1.8B #97
2023 $67.9B +$1.6B #98
2022 $66.3B +$1.9B #99
2021 $64.4B +$4.1B #97
2020 $60.3B +$4.8B #97
2019 $55.5B +$4.7B #97
2018 $50.8B +$4.1B #97
2017 $46.8B +$3.4B #96
2016 $43.4B +$5.0B #97
2015 $38.4B +$3.9B #95
2014 $34.6B +$5.6B #92
2013 $29.0B +$9.2B #91
2012 $19.8B +$6.3B #87
2011 $13.5B +$2.2B #80
Show all years (1984-2025)
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 15.1% Rate 27.9% Gap +12.7pp Reserves YoY +64.2%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Mozambique matched the Orthodox Tightening Cycle pattern in 2017. Historically, 57% of countries showing this pattern (177 out of 311) saw external debt improve within 24 months. View full analysis →

Frequently Asked Questions

What is Mozambique's external debt?▾

Mozambique's external debt was $72.5B in 2025. Ranked 22nd globally. This represents a 3.9% increase from the previous year.

What was the highest external debt in Mozambique?▾

Mozambique's external debt peaked at $72.5B in 2025.

What was the lowest external debt in Mozambique?▾

The lowest external debt in Mozambique was $1.3B in 1984.

How does Mozambique rank in external debt?▾

Mozambique ranks 22nd globally in external debt as of 2025.

What is the World Bank indicator code for external debt?▾

The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.

What is the projected external debt of Mozambique in 2025?▾

Mozambique's external debt is projected to reach $72.5B by 2025 based on trend extrapolation.

What is Mozambique's external debt in billion?▾

Mozambique's external debt was approximately 72.48 billion ($72.5B) in 2025.

What is the external debt of Mozambique in 2025?▾

The external debt of Mozambique in 2025 was $72.5B. This ranks 22nd in the world.

Cite this page

APA
Mozambique External Debt. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/mozambique/external-debt/
BibTeX
@misc{historysaid_mozambique_external-debt, title = {Mozambique External Debt}, url = {https://historysaid.com/mozambique/external-debt/}, publisher = {HistorySaid}, year = {2026} }
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