Mozambique recorded a Current Account deficit of 11.80 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Mozambique averaged -17.51 percent of GDP from 1980 until 2023, reaching an all time high of -5.00 percent of GDP in 1997 and a record low of -41.80 percent of GDP in 2013. source: Banco de Moçambique
Current Account to GDP in Mozambique is expected to reach -22.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mozambique Current Account to GDP is projected to trend around -25.00 percent of GDP in 2026 and -29.00 percent of GDP in 2027, according to our econometric models.