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Mozambique Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

Mozambique's government debt to gdp was 97.22% in 2025, ranked 19th globally. This represents a 4.3% increase from 2024. Data from IMF WEO, covering 1999–2025.

97.22% +3.99% (+4.3%)
Year 2025 Rank #19 Global Peak 124.81% (2016) Source IMF WEO

Mozambique Government Debt to GDP (1999–2025)

Overview

Mozambique's government debt to gdp stood at 97.22% in 2025, a rise of +3.99% from 2024. The IMF projects 97.22% by 2025. Mozambique ranked 19th globally.

Mozambique’s government debt-to‑GDP ratio has risen modestly from 94.68 % in 1999 to 97.22 % in 2025, placing the country 19th globally according to the IMF World Economic Outlook. The ratio peaked at 124.81 % in 2016, a level driven by expansive fiscal stimulus and external borrowing, before retreating to an all‑time low of 31.18 % in 2007 during a period of stringent budgetary discipline. Over the 27‑year span, the trend reflects a gradual upward trajectory, mirroring the experience of peers such as China, whose 2025 ratio stands at 96.26 %. While the recent increase is modest, any acceleration in public spending or deterioration in export earnings could push the ratio closer to the 2016 high. Conversely, sustained fiscal consolidation and stronger revenue mobilization would be needed to reverse the current upward path and bring debt levels back toward the trough observed in 2007.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 76.02% - -
2029* IMF 91.66% - -
2028* IMF 99.25% - -
2027* IMF 100.44% - -
2026* IMF 99.92% - -
2025* IMF 97.22% - -
2025 97.22% +3.99% #19
2024 93.22% +2.32% #163
2023 90.90% −9.36% #161
2022 100.26% −4.08% #166
2021 104.34% −15.63% #166
2020 119.97% +21.70% #174
2019 98.26% −7.26% #174
2018 105.53% +1.73% #178
2017 103.79% −21.02% #176
2016 124.81% +38.77% #181
2015 86.03% +22.63% #165
2014 63.40% +13.92% #141
2013 49.48% +12.80% #125
2012 36.68% +2.52% #94
2011 34.16% −4.40% #82
Show all years (1999-2025)
* IMF World Economic Outlook projection

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 government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Mozambique's government debt to gdp?▾

Mozambique's government debt to gdp was 97.22% in 2025. Ranked 19th globally. This represents a 4.3% increase from the previous year.

What was the highest government debt to gdp in Mozambique?▾

Mozambique's government debt to gdp peaked at 124.81% in 2016.

What was the lowest government debt to gdp in Mozambique?▾

The lowest government debt to gdp in Mozambique was 31.18% in 2007.

How does Mozambique rank in government debt to gdp?▾

Mozambique ranks 19th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?▾

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Mozambique in 2025?▾

Mozambique's government debt to gdp is projected to reach 97.22% by 2025 based on IMF projection.

What is the government debt to gdp of Mozambique in 2025?▾

The government debt to gdp of Mozambique in 2025 was 97.22%. This ranks 19th in the world.

Cite this page

APA
Mozambique Government Debt to GDP. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/mozambique/government-debt-to-gdp/
BibTeX
@misc{historysaid_mozambique_government-debt-to-gdp, title = {Mozambique Government Debt to GDP}, url = {https://historysaid.com/mozambique/government-debt-to-gdp/}, publisher = {HistorySaid}, year = {2026} }
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