Current Account in Mozambique

Mozambique Current Account | Economic News & Forecasts

Mozambique - Current Account

Preliminary GDP data revealed that economic activity remained subdued in Q3, with annual growth ticking down to 3.2% from an already soft 3.3% in the first half of the year. The third-quarter expansion was underpinned by a booming extractive industry and healthy growth of the services sector. On the external front, the current account deficit nearly doubled in Q3 compared to a year ago due to substantially higher imports, particularly of fuels, which will likely lead to a deterioration of the external position this year. Meanwhile, at the end of its yearly staff visit in late-November, the IMF welcomed government efforts to reduce fiscal imbalances and encouraged it to rely on external grants and concessional loans for its financing needs.

Mozambique - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-39.1  -33.5  -38.6  -35.0  -     

Sample Report

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


Mozambique Current Account Chart

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

Mozambique Facts

Exchange Rate62.150.48 %Jan 16
Stock Market0.10.0 %Jan 16

Sample Report

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


Start Your Free 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