Interest Rate in Mozambique

Mozambique Interest Rate | Economic News & Forecasts

Mozambique - Interest Rate

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 - Interest Rate Data

2013  2014  2015  2016  2017  
Standing Lending Facility (%, eop)8.3  7.5  9.8  23.3  20.5  

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Mozambique Interest Rate Chart

Mozambique Interest Rate
Note: standing lending facility (%, eop)
Source: Bank of Mozambique

Mozambique Facts

Exchange Rate61.730.48 %Jan 14
Stock Market0.10.0 %Jan 14

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