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Debt

Mozambique's debt

How much Mozambique owes, to whom, and how that compares with the rest of Africa. From IMF and World Bank figures.

Mozambique's debt at a glance
  • Government debt, % of GDP (2025)

    90.3 %

  • Owed abroad by the government, US$ billion (2024)

    9.2

  • Largest creditor: World Bank-IDA, % of foreign public debt

    31.9 %

  • Owed to China, % of foreign public debt

    15.6 %

Source: World Bank, International Debt Statistics. Last checked 24 October 2026.

Mozambique's government debt against the size of its economyGeneral government gross debt, % of GDP. From 2026 the figures are IMF projections.
05010015020102013201620192022202520282031Mozambique 98.7Middle African country 50…
MozambiqueMiddle African country05010015020102015202020252030
View the data as a table
PeriodMozambiqueMiddle African country
201038.632.1
201134.228.4
201236.726.4
201349.531.1
201463.436.4
201586.044.1
2016124.845.9
2017103.848.0
2018105.549.2
201998.353.9
2020120.056.7
2021101.457.2
202297.359.5
202390.860.9
202491.256.8
202590.353.2
202691.0 (partial)52.5 (partial)
202798.6 (partial)54.2 (partial)
2028104.8 (partial)53.0 (partial)
2029109.8 (partial)53.1 (partial)
2030108.8 (partial)51.7 (partial)
203198.7 (partial)50.7 (partial)

Source: International Monetary Fund, World Economic Outlook. Last checked 24 October 2026.

World Bank-IDA is Mozambique's largest creditorPublic and publicly guaranteed debt owed abroad, US$ million, 2024.
World Bank-IDA31.9% · development banks and fun…2,923China15.6% · other governments1,430African Development Bank10.2% · development banks and fun…936Bondholders9.8% · bondholders900Portugal4.9% · other governments448Japan4.5% · other governments412India2.8% · other governments254Korea, Republic of2.6% · other governments236Islamic Development Bank2.5% · development banks and funds225Iraq2.3% · other governments208Brazil1.7% · other governments157International Fund forAgricultural Development137
World Bank-IDA, 31.9% · development banks and funds2,923China, 15.6% · other governments1,430African Development Bank, 10.2% · development banks…936Bondholders, 9.8% · bondholders900Portugal, 4.9% · other governments448Japan, 4.5% · other governments412India, 2.8% · other governments254Korea, Republic of, 2.6% · other governments236Islamic Development Bank, 2.5% · development banks…225Iraq, 2.3% · other governments208Brazil, 1.7% · other governments157International Fund for Agricultural Development, 1.…137
View the data as a table
ItemDetailValue
World Bank-IDA31.9% · development banks and funds2,923
China15.6% · other governments1,430
African Development Bank10.2% · development banks and funds936
Bondholders9.8% · bondholders900
Portugal4.9% · other governments448
Japan4.5% · other governments412
India2.8% · other governments254
Korea, Republic of2.6% · other governments236
Islamic Development Bank2.5% · development banks and funds225
Iraq2.3% · other governments208
Brazil1.7% · other governments157
International Fund for Agricultural Development1.5% · development banks and funds137
France1.4% · other governments132
Arab Bank for Economic Development in Africa (BADEA)1.2% · development banks and funds106
Libya1.2% · other governments105
European Investment Bank0.8% · development banks and funds70
Several lenders together0.7% · other lenders67
Angola0.7% · other governments61
Bulgaria0.6% · other governments58
Russian Federation0.6% · other governments52
Nordic Development Fund0.5% · development banks and funds42
Austria0.4% · other governments37
OPEC Fund for International Development0.4% · development banks and funds35
Saudi Arabia0.3% · other governments32
Kuwait0.3% · other governments28
Denmark0.2% · other governments21
Italy0.2% · other governments14
Poland0.1% · other governments7
Belgium0.1% · other governments5
Romania0.1% · other governments5
Spain0.1% · other governments5

Source: World Bank, International Debt Statistics. Last checked 24 October 2026.

Who Mozambique owes, by type of lenderShare of public debt owed abroad, 2024.
99.9total %Development banks and funds49%Other governments41%Bondholders10%Other lenders1%
99.9total %Development banks and funds49%Other governments41%Bondholders10%Other lenders1%
View the data as a table
PartValueShare
Development banks and funds48.9 %49%
Other governments40.5 %41%
Bondholders9.8 %10%
Other lenders0.7 %1%

Source: World Bank, International Debt Statistics. Last checked 24 October 2026.

How Mozambique's main creditors changedPublic debt owed abroad, US$ million.
01,0002,0003,0004,00020102012201420162018202020222024World Bank-IDA 2,923China 1,430African Development Bank…Bondholders 900Portugal 448
World Bank-IDAChinaAfrican Development BankBondholdersPortugal01,0002,0003,0004,000201020132016201920222024
View the data as a table
PeriodWorld Bank-IDAChinaAfrican Development BankBondholdersPortugal
20101,491122481Not published104
20111,577225534Not published282
20121,808361604Not published332
20132,185705673Not published371
20142,2851,295705Not published387
20152,4611,491741Not published373
20162,5551,626769727630
20172,8221,978834727708
20182,9042,103862727633
20193,0392,038906900593
20203,2242,072947900561
20213,1472,024958900528
20222,9841,767946900474
20233,0101,640950900508
20242,9231,430936900448

Source: World Bank, International Debt Statistics. Last checked 24 October 2026.

Government debt across East Africa% of GDP, latest year before IMF projections.
Eritrea260.4Zambia100.6Malawi96.6Mozambique90.3Mauritius86.8Kenya71.3Rwanda64.7South Sudan64.2Uganda53.2Seychelles51.2Tanzania49.8Madagascar47.7Ethiopia43.3Burundi42.0Zimbabwe38.0Djibouti31.3Comoros30.5
Eritrea260.4Zambia100.6Malawi96.6Mozambique90.3Mauritius86.8Kenya71.3Rwanda64.7South Sudan64.2Uganda53.2Seychelles51.2Tanzania49.8Madagascar47.7Ethiopia43.3Burundi42.0Zimbabwe38.0Djibouti31.3Comoros30.5
View the data as a table
ItemValue
Eritrea260.4
Zambia100.6
Malawi96.6
Mozambique90.3
Mauritius86.8
Kenya71.3
Rwanda64.7
South Sudan64.2
Uganda53.2
Seychelles51.2
Tanzania49.8
Madagascar47.7
Ethiopia43.3
Burundi42.0
Zimbabwe38.0
Djibouti31.3
Comoros30.5

Source: International Monetary Fund, World Economic Outlook. Last checked 24 October 2026.

Where Mozambique ranks in Africa

Method and sources

Debt to GDP is the IMF's general government gross debt, which covers domestic and foreign debt of every level of government. Debt owed abroad by the government and debt it guarantees. Excludes IMF credit and private debt that is not guaranteed. WLD is the total. Creditor names are the World Bank's. Figures checked 24 October 2026.

IMF government debt data · World Bank International Debt Statistics

Frequently asked questions

How much does Mozambique owe?

Mozambique government and the debt it guarantees owed $9.2 billion to foreign lenders in 2024, according to the World Bank's International Debt Statistics. Counting domestic debt too, government debt was 90.3% of GDP in 2025, according to the IMF.

Who is Mozambique's largest creditor?

World Bank-IDA, owed $2.9 billion in 2024, 31.9% of the government's foreign debt. Next: China (15.6%), African Development Bank (10.2%) and bondholders (9.8%).

How much does Mozambique owe China?

$1.4 billion in 2024, 15.6% of public debt owed abroad, which makes China its 2nd largest creditor.

What is Mozambique's debt to GDP ratio?

90.3% in 2025: general government gross debt as a share of GDP, from the IMF World Economic Outlook. That is the 9th highest of 53 African countries with a figure.