Mozambique's Central Government Debt (% of GDP), 1999-2022

Mozambique's Central Government Debt (% of GDP), 1999-2022

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Insights

Key Takeaways

Mozambique's debt-to-GDP ratio fluctuated significantly, peaking at in 2016 due to undisclosed loans that triggered an economic crisis. Earlier, debt had declined substantially, from over in 2000 to in 2007, following debt relief under the Heavily Indebted Poor Countries (HIPC) initiative.

The pandemic further strained public finances, with debt reaching in 2020. By 2022, it stabilized at , highlighting Mozambique's persistent challenges in managing debt amid economic recovery efforts.

Gain a broader perspective by reviewing Mozambique’s net lending/borrowing (% of GDP), Mozambique sector-wise GDP contribution, Mozambique’s working-age population percentage.

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