Net incurrence of liabilities, total in Mozambique
Mozambique: Net incurrence of liabilities, total was 4.9% in 2024. ▼ Falling
Net incurrence of liabilities, total in Mozambique, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Mozambique is 4.9%, measured in 2024.
That represents a change of up 900.8% on the previous year and down 26.5% over ten years.
Over the whole period, net incurrence of liabilities, total in Mozambique peaked at 7.7% in 2020 and was at its lowest, -0.6%, in 2023.
Mozambique ranks 44th of 136 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Net incurrence of liabilities, total in Mozambique, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 5.2% | — |
| 2011 | 4.0% | -22.9% |
| 2012 | 3.3% | -19.4% |
| 2013 | 6.7% | +105.7% |
| 2016 | 5.8% | -14.0% |
| 2017 | 6.2% | +7.8% |
| 2018 | 5.8% | -7.1% |
| 2019 | 4.7% | -17.8% |
| 2020 | 7.7% | +61.9% |
| 2021 | 4.7% | -38.3% |
| 2022 | 3.3% | -31.0% |
| 2023 | -0.6% | -118.8% |
| 2024 | 4.9% | -900.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.2% | 3.3% | 6.7% | 8 |
| 2020s | 4.0% | -0.6% | 7.7% | 5 |
Countries ranked near Mozambique
- 41 Namibia 5.0% compare
- 42 Solomon Islands 5.0% compare
- 43 Côte d'Ivoire 5.0% compare
- 45 Fiji 4.9% compare
- 46 Republic of Moldova 4.8% compare
- 47 Philippines 4.8% 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 net incurrence of liabilities, total in Mozambique?
- Net incurrence of liabilities, total in Mozambique was 4.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Mozambique?
- The highest recorded value was 7.7% in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Mozambique?
- The lowest recorded value was -0.6% in 2023.
- How does Mozambique rank for net incurrence of liabilities, total?
- Mozambique ranks 44th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Mozambique?
- Over the last ten years it is down 26.5%. The long-run trend across the full record is falling.
- 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 Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.