Mozambique recorded a Current Account deficit of 930.40 USD Million in the second quarter of 2020.

Current Account in Mozambique averaged -560.26 USD Million from 1980 until 2020, reaching an all time high of 209.20 USD Million in the fourth quarter of 2002 and a record low of -2213.60 USD Million in the fourth quarter of 2012. This page provides the latest reported value for - Mozambique Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mozambique Current Account - values, historical data and charts - was last updated on October of 2020.

Current Account in Mozambique is expected to be -1100.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Mozambique to stand at -1050.00 in 12 months time. In the long-term, the Mozambique Current Account is projected to trend around -2600.00 USD Million in 2021 and -2800.00 USD Million in 2022, according to our econometric models.

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Mozambique Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-930.40 -1012.70 209.20 -2213.60 1980 - 2020 USD Million Quarterly

Mozambique Trade Last Previous Highest Lowest Unit
Balance of Trade -734.90 -624.80 78.60 -1506.40 USD Million [+]
Current Account -930.40 -1012.70 209.20 -2213.60 USD Million [+]
Current Account to GDP -54.20 -29.50 -5.00 -54.20 percent [+]
Imports 1734.00 1904.60 2428.95 69.66 USD Million [+]
Exports 999.10 1279.80 1365.34 41.40 USD Million [+]
Gold Reserves 3.90 3.90 6.50 0.15 Tonnes [+]
Capital Flows -895.30 -920.10 2700.70 -1980.20 USD Million [+]
Terrorism Index 5.54 4.58 5.54 0.00 [+]

Mozambique Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).