Mozambique Real Interest Rate
Real interest rate FR.INR.RINR
Mozambique's real interest rate was 15.64% in 2025, ranked 5th globally. This represents a 9.1% increase from 2024. Data from World Bank, covering 1997–2025.
Overview
Mozambique's real interest rate stood at 15.64% in 2025, a rise of +1.31pp from 2024. Based on recent trends, this figure is projected to reach 15.64% by 2025. Mozambique ranked 5th globally.
Mozambique’s real interest rate has remained high relative to global averages, standing at 15.64 % in 2025, which places the country fifth worldwide. The indicator has fluctuated over the 29‑year series, reaching an all‑time peak of 20.31 % in 2003 before falling to a trough of 6.65 % in 2000. Since the early 2000s, the rate has trended upward, reflecting tight monetary conditions and elevated inflation expectations that have constrained credit expansion. Compared with its nearest peers, Mozambique’s rate exceeds Timor‑Leste’s 16.02 % and is markedly above Trinidad and Tobago’s 13.53 %, while remaining below Nigeria’s 20.09 %. The persistent elevation suggests limited scope for fiscal stimulus and may deter private investment unless inflation pressures ease. Future movements will hinge on the Bank of Mozambique’s policy response to inflation and external debt dynamics, which could either moderate the rate or sustain its current trajectory.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 16.92% | - | - |
| 2026* trend | 16.28% | - | - |
| 2025* trend | 15.64% | - | - |
| 2025 | 15.64% | +1.31pp | #5 |
| 2024 | 14.33% | −3.37pp | #74 |
| 2023 | 17.71% | +7.65pp | #83 |
| 2022 | 10.06% | −2.96pp | #95 |
| 2021 | 13.02% | −0.45pp | #106 |
| 2020 | 13.48% | −0.17pp | #97 |
| 2019 | 13.64% | −4.84pp | #106 |
| 2018 | 18.49% | +0.08pp | #115 |
| 2017 | 18.41% | +10.37pp | #128 |
| 2016 | 8.04% | +0.75pp | #85 |
| 2015 | 7.29% | −6.27pp | #76 |
| 2014 | 13.56% | +1.17pp | #121 |
| 2013 | 12.40% | −0.82pp | #120 |
| 2012 | 13.22% | −3.15pp | #125 |
| 2011 | 16.37% | +8.36pp | #130 |
Detected Pattern
Analysis
Mozambique matched the Orthodox Tightening Cycle pattern in 2017. Historically, 57% of countries showing this pattern (177 out of 311) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Mozambique's real interest rate was 15.64% in 2025. Ranked 5th globally. This represents a 9.1% increase from the previous year.
Mozambique's real interest rate peaked at 20.31% in 2003.
The lowest real interest rate in Mozambique was 6.65% in 2000.
Mozambique ranks 5th globally in real interest rate as of 2025.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
Mozambique's real interest rate is projected to reach 15.64% by 2025 based on trend extrapolation.
The real interest rate of Mozambique in 2025 was 15.64%. This ranks 5th in the world.
Cite this page
@misc{historysaid_mozambique_real-interest-rate,
title = {Mozambique Real Interest Rate},
url = {https://historysaid.com/mozambique/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}