Mozambique: Net lending (+) / net borrowing (-) (current LCU)

Key figures

Over five years it is down 396.57% from 21.1 billion in 2019. Since 2010 it is down 414.96% from -12.15 billion in 2010. The World Bank has no value for 3 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2024, Mozambique's net lending (+) / net borrowing (-) (current LCU) fell 37.32 billion on 2023 (from -25.26 billion to -62.58 billion).

Across the 9 yearly changes before that (2011 to 2023), the average change was −122.4 million and a typical year strayed about 38.46 billion from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 56.74 billion in 2019 and the biggest yearly fall was 63.72 billion in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2024 the straight-line trend is downward, about 5.48 billion a year. A straight line explains 32% of the movement over 9 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Mozambique had the 55th highest value of the 90 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Mozambique in the 2024 ranking

• Sweden — 51st of 90: -43.01 billion
• Spain — 52nd of 90: -50.45 billion
• Mauritius — 53rd of 90: -56.16 billion
• Morocco — 55th of 90: -63.18 billion
• Germany — 56th of 90: -72.74 billion
• Italy — 57th of 90: -75.73 billion

What this measures

Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 12 values

Net lending (+) / net borrowing (-) (current LCU) in nearby economies

• Angola — -1.35 trillion (2024)
• Botswana — -11.15 billion (2023)
• Burkina Faso — -758.19 billion (2024)
• Burundi — -47.83 billion (2021)
• Cabo Verde — -16.52 billion (2020)
• Cameroon — -686.91 billion (2021)
• Central African Republic — -56.35 billion (2021)
• Congo, Dem. Rep. — -2.92 trillion (2022)
• Congo, Rep. — 107.42 billion (2021)
• Côte d'Ivoire

More public sector data for Mozambique

• Military expenditure (current USD) — 468.06 million (2025)
• Military expenditure (current LCU) — 29.88 billion (2025)
• Military expenditure (% of GDP) — 1.87% (2025)
• Military expenditure (% of general government expenditure) — 6% (2025)
• Armed forces personnel, total — 11,000 (2020)
• Armed forces personnel (% of total labor force) — 0.08% (2020)
• Arms imports (SIPRI trend indicator values) — 14 million (2025)
• CPIA business regulatory environment rating (1=low to 6=high) — 3 (2025)
• CPIA debt policy rating (1=low to 6=high) — 2 (2025)

Reading data like this

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Questions people ask

What is Mozambique's net lending (+) / net borrowing (-) (current LCU)?

-62.58 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2010?

It is down 414.96% from -12.15 billion in 2010. The highest value was 21.1 billion in 2019 and the lowest -62.58 billion in 2024.

How does Mozambique rank?

55th highest of 90 economies with data for 2024.

Is the latest change in net lending (+) / net borrowing (-) (current LCU) unusual for Mozambique?

In 2024, Mozambique's net lending (+) / net borrowing (-) (current LCU) fell 37.32 billion on 2023 (from -25.26 billion to -62.58 billion). Across the 9 yearly changes before that (2011 to 2023), the average change was −122.4 million and a typical year strayed about 38.46 billion from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator GC.NLD.TOTL.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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