Short-term debt in Mozambique
Mozambique: Short-term debt was 12.4% in 2024. ▲ Rising
Short-term debt in Mozambique, 2005–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for short-term debt in Mozambique is 12.4%, measured in 2024.
The figure is down 14.9% on the previous year and up 6.3% over ten years.
Over the whole period, short-term debt in Mozambique peaked at 51.2% in 2020 and was at its lowest, 7.9%, in 2012.
That places Mozambique 61st out of 119 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Short-term debt in Mozambique, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 2005 | 32.7% | — |
| 2006 | 19.7% | -39.8% |
| 2007 | 16.8% | -14.4% |
| 2008 | 17.2% | +2.5% |
| 2009 | 21.9% | +26.7% |
| 2010 | 22.5% | +2.9% |
| 2011 | 8.3% | -63.3% |
| 2012 | 7.9% | -4.8% |
| 2013 | 15.3% | +94.7% |
| 2014 | 11.7% | -23.7% |
| 2015 | 23.7% | +103.2% |
| 2016 | 22.6% | -4.7% |
| 2017 | 26.7% | +18.0% |
| 2018 | 24.5% | -8.0% |
| 2019 | 35.7% | +45.6% |
| 2020 | 51.2% | +43.3% |
| 2021 | 38.2% | -25.4% |
| 2022 | 16.2% | -57.5% |
| 2023 | 14.6% | -10.0% |
| 2024 | 12.4% | -14.9% |
Mozambique compared with similar countries
- Mozambique's 12.4% is above the median for low income countries, which is 4.9%, 2.6× the median. (21 countries reporting)
- Mozambique's 12.4% is above the median for Sub-Saharan Africa, which is 9.1%, 1.4× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.7% | 16.8% | 32.7% | 5 |
| 2010s | 19.9% | 7.9% | 35.7% | 10 |
| 2020s | 26.5% | 12.4% | 51.2% | 5 |
Countries ranked near Mozambique
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 short-term debt in Mozambique?
- Short-term debt in Mozambique was 12.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Mozambique?
- The highest recorded value was 51.2% in 2020.
- What is the lowest short-term debt recorded in Mozambique?
- The lowest recorded value was 7.9% in 2012.
- How does Mozambique rank for short-term debt?
- Mozambique ranks 61st out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Mozambique?
- Over the last ten years it is up 6.3%. The long-run trend across the full record is rising.
- Where does this Mozambique data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.