Mozambique’s fiscal trends reveal economic vulnerabilities and resilience. The 1990s saw steady improvements, with deficits narrowing to -0.3% in 1999 due to strong donor support and economic reforms. However, the 2010s brought fiscal crises, with deficits peaking at -9.8% in 2014 following a hidden debt scandal and falling commodity prices.
Recent years show signs of recovery, with surpluses projected from 2026 onward, reaching 3.9% by 2029. This turnaround reflects anticipated growth in resource revenues and fiscal discipline, signaling a positive shift for Mozambique’s economic outlook.
Recent years show signs of recovery, with surpluses projected from 2026 onward, reaching 3.9% by 2029. This turnaround reflects anticipated growth in resource revenues and fiscal discipline, signaling a positive shift for Mozambique’s economic outlook.
For a deeper dive into the topic, explore Mozambique sector-wise GDP contribution, Mozambique’s inflation rate trajectory, Mozambique’s goods trade balance.
