Mozambique—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #166 of 192Updated August 2026
Latest Value
-11.0%
2031
YoY Change
-12.2%
2030 → 2031
Global Rank
#166
of 192 countries
Maximum
1.7%
2019
Minimum
-11.0%
2031
Last
-11.0%
Previous
-9.8%
Highest
1.7%
Lowest
-11.0%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Mozambique's fiscal balance (% of GDP) was -6.5% in 2026, ranking #166 out of 192 countries. This represents a -12.2% change from 2030. Over the past 27 years, the highest recorded value was 1.7% (2019) and the lowest was -9.8% (2014). The IMF WEO projects -11.0% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -11.0% | -12.2% |
| 2030 | -9.8% | -4.3% |
| 2029 | -9.4% | -11.9% |
| 2028 | -8.4% | -15.1% |
| 2027 | -7.3% | -12.3% |
| 2026 | -6.5% | -62.5% |
| 2025 | -4.0% | +35.5% |
| 2024 | -6.2% | -44.2% |
| 2023 | -4.3% | +17.3% |
| 2022 | -5.2% | +0.0% |
| 2021 | -5.2% | +16.1% |
| 2020 | -6.2% | -464.7% |
| 2019 | 1.7% | +129.8% |
| 2018 | -5.7% | -185.0% |
| 2017 | -2.0% | +60.8% |
| 2016 | -5.1% | +22.7% |
| 2015 | -6.6% | +32.7% |
| 2014 | -9.8% | -292.0% |
| 2013 | -2.5% | +26.5% |
| 2012 | -3.4% | +20.9% |
| 2011 | -4.3% | -26.5% |
| 2010 | -3.4% | +20.9% |
| 2009 | -4.3% | -126.3% |
| 2008 | -1.9% | +13.6% |
| 2007 | -2.2% | +26.7% |
| 2006 | -3.0% | -42.9% |
| 2005 | -2.1% | +34.4% |
| 2004 | -3.2% | -23.1% |
| 2003 | -2.6% | +23.5% |
| 2002 | -3.4% | +22.7% |
| 2001 | -4.4% | -238.5% |
| 2000 | -1.3% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -6.5% | -62.5% |
| 2027Forecast | -7.3% | -12.3% |
| 2028Forecast | -8.4% | -15.1% |
| 2029Forecast | -9.4% | -11.9% |
| 2030Forecast | -9.8% | -4.3% |
| 2031Forecast | -11.0% | -12.2% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Lesotho | 4.2% | 2026 |
| 7 | Macao SAR, China | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP