Borrowers from commercial banks in Mozambique
Mozambique: Borrowers from commercial banks was 59.25 per 1,000 adults in 2024. ◆ Volatile
Borrowers from commercial banks in Mozambique, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
Mozambique recorded 59.25 per 1,000 adults for borrowers from commercial banks in 2024. That is the highest value across all 21 years on record.
The figure is up 4.1% on the previous year and up 74.3% over ten years.
Over the whole period, borrowers from commercial banks in Mozambique peaked at 59.25 per 1,000 adults in 2024 and was at its lowest, 3.98 per 1,000 adults, in 2004.
That places Mozambique 83rd out of 113 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Borrowers from commercial banks in Mozambique, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 3.98 per 1,000 adults | — |
| 2005 | 6.41 per 1,000 adults | +61.0% |
| 2006 | 8.73 per 1,000 adults | +36.4% |
| 2007 | 12.13 per 1,000 adults | +38.8% |
| 2008 | 14.63 per 1,000 adults | +20.7% |
| 2009 | 17.59 per 1,000 adults | +20.2% |
| 2010 | 22.51 per 1,000 adults | +28.0% |
| 2011 | 27.34 per 1,000 adults | +21.5% |
| 2012 | 32.06 per 1,000 adults | +17.3% |
| 2013 | 33.64 per 1,000 adults | +4.9% |
| 2014 | 34 per 1,000 adults | +1.1% |
| 2015 | 39.88 per 1,000 adults | +17.3% |
| 2016 | 40.98 per 1,000 adults | +2.8% |
| 2017 | 35.33 per 1,000 adults | -13.8% |
| 2018 | 38.65 per 1,000 adults | +9.4% |
| 2019 | 51.61 per 1,000 adults | +33.5% |
| 2020 | 49.78 per 1,000 adults | -3.5% |
| 2021 | 53.17 per 1,000 adults | +6.8% |
| 2022 | 54.53 per 1,000 adults | +2.6% |
| 2023 | 56.92 per 1,000 adults | +4.4% |
| 2024 | 59.25 per 1,000 adults | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.58 per 1,000 adults | 3.98 per 1,000 adults | 17.59 per 1,000 adults | 6 |
| 2010s | 35.6 per 1,000 adults | 22.51 per 1,000 adults | 51.61 per 1,000 adults | 10 |
| 2020s | 54.73 per 1,000 adults | 49.78 per 1,000 adults | 59.25 per 1,000 adults | 5 |
Countries ranked near Mozambique
- 80 Congo 61.25 per 1,000 adults compare
- 81 Uganda 60.34 per 1,000 adults compare
- 82 United Kingdom of Great Britain and Northern Ireland 59.47 per 1,000 adults compare
- 84 Zimbabwe 58.55 per 1,000 adults compare
- 85 Sao Tome and Principe 55.43 per 1,000 adults compare
- 86 Lesotho 52.75 per 1,000 adults compare
More financial sector data for Mozambique
- Net domestic credit (current LCU), per capita 16,695 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 26.63 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 7.97 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 4.43 million SDR (2024)
- Gold reserves at market value 253.23 million SDR (2024)
- Reserves excluding gold, foreign exchange 2.66 billion SDR (2024)
- Reserves excluding gold 2.69 billion SDR (2024)
- Total reserves (gold at market value) 2.95 billion SDR (2024)
- Total reserves (gold at national valuation) 2.95 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 85.12 SDR per person (2024)
Frequently asked questions
- What is borrowers from commercial banks in Mozambique?
- Borrowers from commercial banks in Mozambique was 59.25 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Mozambique?
- The highest recorded value was 59.25 per 1,000 adults in 2024.
- What is the lowest borrowers from commercial banks recorded in Mozambique?
- The lowest recorded value was 3.98 per 1,000 adults in 2004.
- How does Mozambique rank for borrowers from commercial banks?
- Mozambique ranks 83rd out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Mozambique?
- Over the last ten years it is up 74.3%. The long-run trend across the full record is volatile.
- Where does this Mozambique data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.