Country Financial Sector Profilesback

Financial Sector Overview

Mozambique officially the Republic of Mozambique, is a country in Southeast Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini (Swaziland) and South Africa to the southwest. The sovereign state is separated from the Comoros, Mayotte and Madagascar by the Mozambique Channel to the east. The capital of Mozambique is Maputo (formerly known as "Lourenço Marques" from 1876 to 1976) while Matola is the largest city, being a suburb of Maputo.

At a Glance

Source
Population in thousands (2017): 29,668.83
GDP per capita (current US$) 2017 - World Average 10,721.61: 426.22
Account (%) age 15+) - (2014 vs 2017): 42% (2017)
Agriculture Orientation Index - Credit ( Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): 0.15 | 0.18
Financial Inclusion Strategies: • National Financial Inclusion Strategy 2016-2020• SADC Financial Inclusion Strategy 2016-2021
Domestic credit provided by financial sector (% of GDP) 2017: 32.07
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 34% (2017)
Remittances % of GDP for 2017: 0.008
Mortgage Interest Rate / Mortgage Term (years): 30% | 20

Donor Projects Database

Projects

Latest News & Events

Jan 30, 2019 | All Africa
M-Pesa subscribers outside Kenya expanded by 227,000 in three months to hit 13.4 million at the end of December, Vodacom Group Limited has said,…

Latest Publications

Apr 01, 2019 | J. Anderson, R. Karuppusamy, P. Enrico et al. | CGAP
Oct 31, 2018 | FSD Mozambique | FSD Mozambique
Jul 31, 2018 | FinMark Trust | FinMark Trust
May 31, 2018 | CAHF, FSD Mozambique | CAHF
May 14, 2018 | E. Hernandez, Y. Bin-Humam, R. Ciacci et al. | CGAP
May 31, 2017 | A.B. Fanta, K. Mutsonziwa, B. Berkowitz et al. | FinMark Trust