African Union Logo
African Debt Monitoring Mechanism
← Back to Profiles
Mozambique flag

Mozambique

Republic of Mozambique
Southern Africa•AU•Low Income
POPULATION
35M
Public Debt / GDP
150%
2025
External Debt / GDP
67.5%
2025
Debt Svc / Revenue
49.7%
2025
Debt Svc / Exports
18.7%
2025
Interest / Revenue
30.6%
2025

Debt Composition & Creditor Analysis

External vs Domestic Debt

External
Debt
45%
Domestic
Debt
55%

By Creditor Type

Multilateral35%
Bilateral25%
Paris Club15%
Eurobond15%
Other Priv.10%

By Instrument Type

Bonds34.8%
Loans58.1%
Other14.5%

Average Lending Terms (External)

%
6%
Interest
⏱
18yr
Maturity
⏱
6yr
Grace
No active restructuring

CAP Pillar 2: Debt Management Quality

Data Dissemination
Click for methodology
Debt Strategy (MTDS)
Click for methodology
Borrowing Plan
Click for methodology
Domestic Market Dev.
Click for methodology

Comprehensive Debt Analytics

Explore in-depth macroeconomic vulnerability, fiscal sustainability, and sovereign risk indicators for Mozambique.

Vulnerability Indicator Explorer

Select an indicator to analyze Mozambique's performance against international benchmarks.

150.0%
Current (2025)
-156.6 pp YoY
Above 70% target
Analysis

Mozambique's public debt stands at 150.0% of GDP, exceeding the 70% prudential benchmark. This elevated ratio signals constrained fiscal space and heightened vulnerability to economic shocks. The government may face increasing difficulty financing social programs and infrastructure investment without further borrowing.

The most widely used measure of overall indebtedness relative to economic activity. It reflects the government's solvency capability and long-term fiscal space.

Net Financial Flows

Disbursements (Inflows) vs Principal & Interest Repayments (Outflows).

Net Positive Flows

In 2025, Mozambique received $4.0B in disbursements while repaying $1.7B — a net inflow of $2.3B. The country is receiving more resources than it is repaying, providing additional financing for development.

Profile of Maturing Debts (2025)

Breakdown of short-term (<1 year), medium-term (1-9 years) and long-term (10+ years) debt liabilities.

Short-Term (<1 yr)
$2.5B
7.5% of total
Medium-Term (1-9 yrs)
$15.6B
46.6% of total
Long-Term (10+ yrs)
$15.4B
46.0% of total
Analysis

With only 7.5% of debt maturing within one year, Mozambique maintains a healthy maturity profile. The predominance of medium and long-term instruments ($31.0B) reduces refinancing pressure and provides greater fiscal predictability.