Mozambique recorded a Government Budget deficit equal to 6.10 percent of the country's Gross Domestic Product in 2019.

Government Budget in Mozambique averaged -4.47 percent of GDP from 2000 until 2019, reaching an all time high of -1.10 percent of GDP in 2006 and a record low of -7.10 percent of GDP in 2015. This page provides - Mozambique Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mozambique Government Budget - values, historical data and charts - was last updated on October of 2020.

Government Budget in Mozambique is expected to reach -8.20 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mozambique Government Budget is projected to trend around -5.40 percent of GDP in 2021 and -4.70 percent of GDP in 2022, according to our econometric models.

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Mozambique Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-6.10 -4.60 -1.10 -7.10 2000 - 2019 percent of GDP Yearly

Mozambique Government Last Previous Highest Lowest Unit
Government Debt to GDP 108.80 113.00 138.40 37.50 percent [+]
Government Budget -6.10 -4.60 -1.10 -7.10 percent of GDP [+]
Military Expenditure 129.00 128.00 130.00 37.50 USD Million [+]
Credit Rating 14.00 [+]
Government Spending 196170.56 185979.29 197505.30 44589.23 MZN Million [+]


Mozambique Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.