Mozambique Government Debt To GDP

Mozambique recorded a Government Debt to GDP of 42.20 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Mozambique is reported by the Banco de Moçambique. Government Debt To GDP in Mozambique averaged 74.09 Percent from 1999 until 2012, reaching an all time high of 138.40 Percent in 2001 and a record low of 39.30 Percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Mozambique Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
42.20 39.30 138.40 39.30 37.97 | 2013/12 1999 - 2012 Percent Yearly


Mozambique Government Debt To GDP

Government Last Previous Highest Lowest Forecast Unit
Government Budget -6.80 2012-12-31 -3.30 -1.10 -7.00 -7.98 2013-12-31 Percent of GDP [+]
Government Debt To GDP 42.20 2012-12-31 39.30 138.40 39.30 37.97 2013-12-31 Percent [+]
Credit Rating 32.50 [+]

Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Mozambican Inflation Rate Up To 3.0% in March  
The annual consumer prices in Mozambique accelerated for the first time in five months to 3.0 percent in March of 2014, from 2.38 percent recorded in February of 2014, as food and no alcoholic beverages costs edged up.
Mozambique Leaves Monetary Policy Unchanged  
At its March 12th, 2014 meeting, the Bank of Mozambique decided to leave the key lending rate unchanged at 8.25 percent, arguing it wanted to maintain a prudent monetary policy stance to mitigate the effects from recent serious flooding.
Mozambique Inflation Rate Slows to 11-Month Low  
In February of 2014, Mozambique annual inflation rate decelerated for the fifth straight month to 2.38 percent, down from 3.16 percent in January. On a monthly basis, prices slowed sharply to 0.39 percent, after rising 0.98 percent in the previous month.
Bank of Mozambique Leaves Rates Unchanged in February  
At its February 12th, 2014 meeting, Bank of Mozambique kept its main lending rate at 8.25 percent for the fourth straight meeting. The Committee took into account the need to preserve stability as well as the prevalence of several international, regional, and domestic risks.
Mozambique Inflation Rate Decelerates in January  
In January of 2014, Mozambican annual inflation rate slowed to 3.16 percent, from 3.54 percent in December. On a monthly basis, prices accelerated to 0.98 percent, the highest rate in eleven months, due to food cost.
Mozambique Leaves Rates on Hold in January  
At its January 13th, 2014 meeting, Bank of Mozambique decided to leave the benchmark interest rate on hold at 8.25 percent. In 2013, the Bank cut the interest rate by 125 bps.
Mozambique Inflation Rate Slows to 3.54% in December  
In December of 2013, Mozambican annual inflation rate slowed to 3.54 percent, the lowest rate in eleven months. Inflation a year ago was recorded at 2.02 percent.
Mozambique’s Monetary Policy Unchanged in December  
At its December 11th meeting, Bank of Mozambique kept its main lending rate at 8.25 percent as the country is on target to meet key macroeconomic goals for this year, especially inflation rate.
Mozambique Inflation Rate Decelerates in November  
In November of 2013, Mozambican inflation rate slowed for the third straight month to 4.04 percent from 4.42 percent in October.


Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News