Mozambique Current Account Balance: % of GDP

Key information about Mozambique Current Account Balance: % of GDP

• Mozambique Current Account deficit accounted for 11.6 % of the country's Nominal GDP in Dec 2023, compared with a 36.4 % deficit in the previous year.
• Mozambique Current Account Balance: % of Nominal GDP data is updated yearly, available from Dec 1980 to Dec 2023, with an average value of -14.6 %.
• The data reached an all-time high of -6.0 % in Dec 2004 and a record low of -40.5 % in Dec 2012.

• In the latest reports of Mozambique, Current Account recorded a deficit of 646.4 USD mn in Mar 2024.
• Foreign Direct Investment (FDI) increased by 526.7 USD mn in Mar 2024.
• Mozambique Direct Investment Abroad fell by 123.8 USD mn in Mar 2024.
• Its Foreign Portfolio Investment remained the same 0.0 USD mn in Mar 2024.
• The country's Nominal GDP was reported at 15.8 USD bn in Dec 2021.

View Mozambique's Current Account Balance: % of GDP from 1980 to 2023 in the chart:

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What was Mozambique's Current Account Balance: % of GDP in 2023?

Mozambique Current Account deficit accounted for 11.6 % of the country's Nominal GDP in Dec 2023, compared with a 36.4 % deficit in the previous year. See the table below for more data.

Current Account Balance: % of GDP by Country Comparison

Mozambique Key Series

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