Current account balance (BoP, current US$), annual growth rate in Mozambique
Mozambique: Current account balance (BoP, current US$), annual growth rate was -12.95 % change on previous year in 2024. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Mozambique, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for current account balance (bop, current us$), annual growth rate in Mozambique is -12.95 % change on previous year, measured in 2024.
That represents a change of down 119.8% on the previous year and down 277.5% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Mozambique peaked at 65.33 % change on previous year in 2023 and was at its lowest, -103.97 % change on previous year, in 2012.
That places Mozambique 124th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Mozambique, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 0.6791 % change on previous year | — |
| 2007 | -4.07 % change on previous year | -699.8% |
| 2008 | -45.92 % change on previous year | +1027.3% |
| 2009 | -6.89 % change on previous year | -85.0% |
| 2010 | -36.96 % change on previous year | +436.8% |
| 2011 | -98.21 % change on previous year | +165.7% |
| 2012 | -103.97 % change on previous year | +5.9% |
| 2013 | 7.9 % change on previous year | -107.6% |
| 2014 | 7.3 % change on previous year | -7.7% |
| 2015 | -2.6 % change on previous year | -135.6% |
| 2016 | 31.63 % change on previous year | -1316.9% |
| 2017 | 41.48 % change on previous year | +31.1% |
| 2018 | -85.97 % change on previous year | -307.3% |
| 2019 | 43.64 % change on previous year | -150.8% |
| 2020 | -42.65 % change on previous year | -197.7% |
| 2021 | 3.69 % change on previous year | -108.6% |
| 2022 | -85.81 % change on previous year | -2427.6% |
| 2023 | 65.33 % change on previous year | -176.1% |
| 2024 | -12.95 % change on previous year | -119.8% |
Mozambique compared with similar countries
- Mozambique's -12.95 % change on previous year is below the median for low income countries, which is 9.73 % change on previous year. (23 countries reporting)
- Mozambique's -12.95 % change on previous year is below the median for Sub-Saharan Africa, which is -1.03 % change on previous year, 12.5× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Mozambique changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | -2427.6% | 3.69 % change on previous year | -85.81 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -14.05 % change on previous year | -45.92 % change on previous year | 0.6791 % change on previous year | 4 |
| 2010s | -19.58 % change on previous year | -103.97 % change on previous year | 43.64 % change on previous year | 10 |
| 2020s | -14.48 % change on previous year | -85.81 % change on previous year | 65.33 % change on previous year | 5 |
Countries ranked near Mozambique
- 121 Greece -10.62 % change on previous year compare
- 122 Grenada -11.07 % change on previous year compare
- 123 Belarus -11.49 % change on previous year compare
- 125 Chile -13.06 % change on previous year compare
- 126 Palau -14.65 % change on previous year compare
- 127 Slovenia -14.83 % change on previous year compare
More economy & growth data for Mozambique
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 8.46 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -44.11 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0019 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1.27 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.51 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1542 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 101.31 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.66 % change on previous year (2024)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Mozambique?
- Current account balance (bop, current us$), annual growth rate in Mozambique was -12.95 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Mozambique?
- The highest recorded value was 65.33 % change on previous year in 2023.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Mozambique?
- The lowest recorded value was -103.97 % change on previous year in 2012.
- How does Mozambique rank for current account balance (bop, current us$), annual growth rate?
- Mozambique ranks 124th out of 198 countries with data for 2024.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Mozambique?
- Over the last ten years it is down 277.5%. The long-run trend across the full record is volatile.
- Where does this Mozambique data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.