Mozambique Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Mozambique's reserves in months of imports was 2.3 in 2025, ranked 110th globally. This represents a 34.4% decrease from 2024. Data from World Bank, covering 2005–2025.
Overview
Mozambique's reserves in months of imports stood at 2.3 in 2025, a decline of +1.2 from 2024. Based on recent trends, this figure is projected to reach 2.3 by 2025. Mozambique ranked 110th globally.
Mozambique’s commercial‑import cover has fallen sharply over the past two decades, slipping from a 2005 level of 3.95 months to just 2.26 months in 2025, which places the country at rank 110 globally. The indicator peaked in 2009 at 5.34 months, reflecting a period of relatively abundant foreign‑exchange buffers, before a gradual erosion that reached an all‑time trough of 2.01 months in 2022. The recent rise to 2.26 months still lags behind peers with similar rankings, such as Bhutan (2.31 months), Sri Lanka (2.22 months) and Iceland (2.34 months), underscoring persistent vulnerability to external shocks and limited diversification of export earnings. The downward trajectory is driven by a combination of volatile commodity prices, rising import demand and constrained fiscal space, which together compress reserve levels. Strengthening export diversification, improving fiscal discipline and attracting stable foreign investment could reverse the decline and raise Mozambique’s import‑cover to a more resilient threshold in the coming years.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 1.3 | - | - |
| 2026* trend | 1.8 | - | - |
| 2025* trend | 2.3 | - | - |
| 2025 | 2.3 | −1.2 | #110 |
| 2024 | 3.4 | +0.2 | #79 |
| 2023 | 3.3 | +1.3 | #95 |
| 2022 | 2.0 | −2.1 | #123 |
| 2021 | 4.1 | −1.2 | #104 |
| 2020 | 5.3 | +0.8 | #88 |
| 2019 | 4.5 | +1.4 | #76 |
| 2018 | 3.1 | −1.6 | #105 |
| 2017 | 4.7 | +1.7 | #77 |
| 2016 | 3.0 | +0.2 | #115 |
| 2015 | 2.8 | −0.4 | #116 |
| 2014 | 3.2 | +0.0 | #101 |
| 2013 | 3.2 | +0.4 | #99 |
| 2012 | 2.8 | −1.1 | #119 |
| 2011 | 3.9 | −1.3 | #81 |
Detected Pattern
Analysis
Mozambique matched the Orthodox Tightening Cycle pattern in 2017. Historically, 57% of countries showing this pattern (177 out of 311) saw reserves in months of imports improve within 24 months. View full analysis →
Frequently Asked Questions
Mozambique's reserves in months of imports was 2.3 in 2025. Ranked 110th globally. This represents a 34.4% decrease from the previous year.
Mozambique's reserves in months of imports peaked at 5.3 in 2009.
The lowest reserves in months of imports in Mozambique was 2.0 in 2022.
Mozambique ranks 110th globally in reserves in months of imports as of 2025.
The World Bank indicator code is FI.RES.TOTL.MO. Data sourced from World Bank.
Mozambique's reserves in months of imports is projected to reach 2.3 by 2025 based on trend extrapolation.
The reserves in months of imports of Mozambique in 2025 was 2.3. This ranks 110th in the world.
Cite this page
@misc{historysaid_mozambique_reserves-months-imports,
title = {Mozambique Reserves in Months of Imports},
url = {https://historysaid.com/mozambique/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}