Current Account in Mozambique

Mozambique Current Account | Economic News & Forecasts

Mozambique - Current Account

The economy lost stride again in the third quarter, with annual growth easing from 2.3% in the second quarter to 2.0%—the weakest expansion in two years. A sharper decline in mining output and a slowdown in services-sector activity largely drove the moderation. On a brighter note, the agricultural sector, which accounts for the largest share of output and employment, bounced back to growth after having flatlined in Q2 amid the vast crop destruction unleashed by cyclones Idai and Kenneth. Meanwhile, in mid-November, the country’s top court dismissed the appeal by Renamo, the main opposition party, to annul President Filipe Nyusi and his Frelimo party’s resounding victory in the 15 October general election. The move paves the way for the swearing in of President Nyusi for a second five-year term, set for 15 January 2020.

Mozambique - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-36.7  -32.7  -36.9  -32.1  -19.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Mozambique Current Account Chart


Mozambique Current Account
Note: Current account balance as % of GDP.
Source: Bank of Mozambique

Mozambique Facts

ValueChangeDate
Exchange Rate62.430.48 %Jan 01
Stock Market0.10.0 %Jan 06

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form