Mozambique: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 235.3 billion Mozambique Metical as of November 2024, a decline compared to the previous value of 236.69 billion Mozambique Metical. Historically, the average for Mozambique from January 2008 to November 2024 is 133.37 billion Mozambique Metical. The minimum of 35.36 billion Mozambique Metical was recorded in February 2008, while the maximum of 294.02 billion Mozambique Metical was reached in January 2021.
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* indicates monthly or quarterly data series
- Measure: billion Mozambique Metical
- Source: Bank of Mozambique
| Recent values | Mozambique: Foreign exchange reserves, billion currency units |
|---|---|
| 2024 Nov | 235.3 |
| 2024 Oct | 236.69 |
| 2024 Sep | 240.43 |
| 2024 Aug | 238.49 |
| 2024 Jul | 243.33 |
| 2024 Jun | 233.09 |
| 2024 May | 233.44 |
| 2024 Apr | 229.18 |
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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 128.81 | 2021 | percent |
| Trade openness | 105.63 | 2023 | percent |
| Financial openness | -1.242 | 2021 | index points |
| Exports, percent of GDP | 52.54 | 2022 | percent |
| Exports, billion dollars | 9.49 | 2023 | billion U.S. dollars |
| Growth of exports | 21.05 | 2022 | percent |
| Imports, percent of GDP | 83.02 | 2022 | percent |
| Imports, billion dollars | 12.65 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 13.01 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 2.68 | 2023 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 2023 | million dollars (current) |
| Current account, percent of GDP | -11.10 | 2023 | percent |
| Current account, in dollars | -2.43 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | -30.47 | 2022 | percent |
| Trade balance, in dollars | -1.89 | 2023 | billion U.S. dollars |
| Reserves | 3.52 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 3.22 | 2023 | percent |
| Remittances | 664.55 | 2023 | million U.S. dollars |
| Net errors and omissions | 182.42 | 2023 | million USD |
| External debt | 423.64 | 2022 | percent |
| Short-term external debt | 1.40 | 2023 | percent |
| Short-term debt to reserves | 25.67 | 2023 | percent |
| Foreign exchange reserves | 235.30 | 11/2024 | billion |