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Mozambique Foreign Reserves

Total reserves including gold  FI.RES.TOTL.CD

Mozambique's foreign reserves was $3.5B in 2025, ranked 110th globally. This represents a 9.6% decrease from 2024. Data from World Bank, covering 1984–2025.

$3.5B −$370.6M (-9.6%)
Year 2025 Rank #110 Global Peak $4.1B (2020) Source World Bank

Mozambique Foreign Reserves (1984–2025)

Overview

Mozambique's foreign reserves stood at $3.5B in 2025, a decline of +$370.6M from 2024. Based on recent trends, this figure is projected to reach $3.5B by 2025. Mozambique ranked 110th globally.

Mozambique’s foreign exchange reserves have risen from a modest 55,294,036.60 in 1984 to 3,472,292,377.31 in 2025, placing the country at rank 110 globally. The reserve stock peaked at 4,075,392,951.37 in 2020, a level only marginally above the 2025 figure, while the all‑time low of 45,886,268.13 occurred in 1985, reflecting the post‑independence economic turbulence of the 1980s. Over the 42‑year coverage period, reserves have expanded by more than 62 times, driven by a combination of commodity export earnings, external borrowing and modest inflows from diaspora remittances. Compared with peers of similar rank, Mozambique’s reserves are close to Botswana’s 3,541,717,051.21 and El Salvador’s 3,466,602,633.57, indicating a comparable buffer for balance‑of‑payments shocks. Continued diversification of export markets and prudent fiscal management will be crucial to sustain the upward trajectory and avoid a reversal toward the early‑era trough.

Data & projection

Year Foreign Reserves YoY change Rank
2027* trend $3.4B - -
2026* trend $3.4B - -
2025* trend $3.5B - -
2025 $3.5B −$370.6M #110
2024 $3.8B +$205.9M #95
2023 $3.6B +$698.3M #104
2022 $2.9B −$842.1M #109
2021 $3.8B −$294.6M #104
2020 $4.1B +$185.5M #99
2019 $3.9B +$784.1M #98
2018 $3.1B −$255.5M #104
2017 $3.4B +$1.3B #100
2016 $2.0B −$534.6M #111
2015 $2.6B −$640.0M #102
2014 $3.2B −$132.1M #100
2013 $3.4B +$391.4M #99
2012 $3.0B +$370.4M #102
2011 $2.6B +$326.5M #102
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 foreign reserves improve within 24 months. View full analysis →

Frequently Asked Questions

What is Mozambique's foreign reserves?▾

Mozambique's foreign reserves was $3.5B in 2025. Ranked 110th globally. This represents a 9.6% decrease from the previous year.

What was the highest foreign reserves in Mozambique?▾

Mozambique's foreign reserves peaked at $4.1B in 2020.

What was the lowest foreign reserves in Mozambique?▾

The lowest foreign reserves in Mozambique was $45.9M in 1985.

How does Mozambique rank in foreign reserves?▾

Mozambique ranks 110th globally in foreign reserves as of 2025.

What is the World Bank indicator code for foreign reserves?▾

The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.

What is the projected foreign reserves of Mozambique in 2025?▾

Mozambique's foreign reserves is projected to reach $3.5B by 2025 based on trend extrapolation.

What is Mozambique's foreign reserves in billion?▾

Mozambique's foreign reserves was approximately 3.47 billion ($3.5B) in 2025.

What is the foreign reserves of Mozambique in 2025?▾

The foreign reserves of Mozambique in 2025 was $3.5B. This ranks 110th in the world.

Cite this page

APA
Mozambique Foreign Reserves. HistorySaid. Retrieved November 15, 2026, from https://historysaid.com/mozambique/reserves/
BibTeX
@misc{historysaid_mozambique_reserves, title = {Mozambique Foreign Reserves}, url = {https://historysaid.com/mozambique/reserves/}, publisher = {HistorySaid}, year = {2026} }
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