Interest payments in Mozambique
Mozambique: Interest payments was 15.1% in 2024. ▲ Rising
Interest payments in Mozambique, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, interest payments in Mozambique stood at 15.1%. That is the highest value across all 12 years on record.
The figure is up 14.6% on the previous year and up 355.7% over ten years.
Over the whole period, interest payments in Mozambique peaked at 15.1% in 2024 and was at its lowest, 3.0%, in 2010.
Mozambique ranks 28th of 155 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Interest payments in Mozambique, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2010 | 3.0% | — |
| 2011 | 3.3% | +9.1% |
| 2012 | 3.3% | +1.2% |
| 2016 | 9.2% | +176.9% |
| 2017 | 8.3% | -9.5% |
| 2018 | 12.1% | +45.1% |
| 2019 | 10.3% | -14.4% |
| 2020 | 10.4% | +1.0% |
| 2021 | 9.3% | -11.0% |
| 2022 | 10.3% | +11.0% |
| 2023 | 13.2% | +28.0% |
| 2024 | 15.1% | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.1% | 3.0% | 12.1% | 7 |
| 2020s | 11.7% | 9.3% | 15.1% | 5 |
Countries ranked near Mozambique
- 25 Philippines 17.3% compare
- 26 Costa Rica 16.6% compare
- 27 Malaysia 15.6% compare
- 29 Iceland 14.9% compare
- 30 Namibia 14.7% compare
- 31 El Salvador 14.3% compare
More public sector data for Mozambique
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.0289 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -66.67 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 13.01 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0198 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 11.39 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 450.45 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 3.81 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Mozambique?
- Interest payments in Mozambique was 15.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Mozambique?
- The highest recorded value was 15.1% in 2024.
- What is the lowest interest payments recorded in Mozambique?
- The lowest recorded value was 3.0% in 2010.
- How does Mozambique rank for interest payments?
- Mozambique ranks 28th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Mozambique?
- Over the last ten years it is up 355.7%. The long-run trend across the full record is rising.
- Where does this Mozambique data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of revenue). Statizoid updates them automatically from the source API.
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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.