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Inflation Rate Trends and Forecast for Mozambique from 1990 to 2029

Inflation Rate Trends and Forecast for Mozambique from 1990 to 2029

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TGM StatBox. (2024). Inflation Rate Trends and Forecast for Mozambique from 1990 to 2029. TGM StatBox.
Chart Details
Data Source: International Monetary Fund (IMF)
Timeframe: 1990-2029
Country: Mozambique
Published date: 2024
Note: The Inflation rate (average consumer prices), as defined by the International Monetary Fund (IMF), measures the annual percentage change in the average level of prices of goods and services consumed by households.
Key Takeaways
Mozambique faced hyperinflation in the 1990s, peaking at 63.1% in 1994 due to post-civil war reconstruction challenges and currency instability. Successful reforms and international aid reduced inflation dramatically to 7.4% by 1997.

However, external shocks and economic pressures led to spikes in 2016 (17.4%) and 2022 (9.8%). Inflation is expected to stabilize at 5.5% from 2027 onwards, reflecting Mozambique’s gradual progress in addressing structural economic vulnerabilities.

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