Mozambique Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Mozambique's inflation rate was 4.90% in 2025, ranked 45th globally. This represents a 20.1% increase from 2024. Data from World Bank, covering 1980–2025.
Overview
Mozambique's inflation rate stood at 4.90% in 2025, a rise of +0.82pp from 2024. The IMF projects 4.90% by 2025. Mozambique ranked 45th globally.
Mozambique’s inflation rate has fallen dramatically from an all‑time peak of 164.12% in 1987 to a trough of 1.49% in 1998, illustrating the country’s transition from hyperinflationary turmoil to relative price stability. After more than four decades of fluctuation, the World Bank reports a 2025 inflation rate of 4.90%, placing Mozambique 45th globally and closely aligning it with peers such as Colombia (4.91%) and Papua New Guinea (4.79%). The sustained decline since the late 1990s reflects a combination of fiscal consolidation, improved monetary policy frameworks and modest external shocks, although occasional currency depreciations still generate upward pressure. With inflation anchored just below 5% and the government pursuing structural reforms aimed at enhancing productivity and fiscal discipline, the trajectory suggests a gradual easing toward the low‑single‑digit range, provided external commodity price volatility remains limited.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 5.50% | - | - |
| 2029* IMF | 5.50% | - | - |
| 2028* IMF | 5.50% | - | - |
| 2027* IMF | 5.50% | - | - |
| 2026* IMF | 5.40% | - | - |
| 2025* IMF | 4.90% | - | - |
| 2025 | 4.90% | +0.82pp | #45 |
| 2024 | 4.08% | −2.92pp | #124 |
| 2023 | 7.13% | −3.24pp | #123 |
| 2022 | 10.28% | +3.66pp | #130 |
| 2021 | 6.41% | +5.48pp | #148 |
| 2020 | 3.48% | −2.20pp | #138 |
| 2019 | 2.80% | −0.36pp | #122 |
| 2018 | 3.91% | −11.87pp | #139 |
| 2017 | 15.11% | −3.27pp | #184 |
| 2016 | 17.42% | +13.86pp | #188 |
| 2015 | 3.55% | +1.00pp | #133 |
| 2014 | 2.56% | −1.71pp | #107 |
| 2013 | 4.26% | +1.66pp | #126 |
| 2012 | 2.60% | −8.57pp | #63 |
| 2011 | 11.17% | −1.26pp | #175 |
Detected Pattern
Analysis
Mozambique matched the Orthodox Tightening Cycle pattern in 2017. Historically, 57% of countries showing this pattern (177 out of 311) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Mozambique's inflation rate was 4.90% in 2025. Ranked 45th globally. This represents a 20.1% increase from the previous year.
Mozambique's inflation rate peaked at 164.12% in 1987.
The lowest inflation rate in Mozambique was 1.49% in 1998.
Mozambique ranks 45th globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Mozambique's inflation rate is projected to reach 4.90% by 2025 based on IMF projection.
The inflation rate of Mozambique in 2025 was 4.90%. This ranks 45th in the world.
Cite this page
@misc{historysaid_mozambique_inflation-rate,
title = {Mozambique Inflation Rate},
url = {https://historysaid.com/mozambique/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}