Interest rate spread in Mozambique
Mozambique: Interest rate spread was 11.8% in 2025. ▲ Rising
Interest rate spread in Mozambique, 1997–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
The most recent figure for interest rate spread in Mozambique is 11.8%, measured in 2025.
That represents a change of down 12.8% on the previous year and up 85.7% over ten years.
Over the whole period, interest rate spread in Mozambique peaked at 16.1% in 1998 and was at its lowest, 4.5%, in 1997.
That places Mozambique 14th out of 141 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 29 years of available data.
Interest rate spread in Mozambique, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1997 | 4.5% | — |
| 1998 | 16.1% | +255.7% |
| 1999 | 11.8% | -27.0% |
| 2000 | 9.3% | -20.6% |
| 2001 | 7.7% | -17.4% |
| 2002 | 8.7% | +13.0% |
| 2003 | 12.5% | +43.8% |
| 2004 | 12.2% | -3.0% |
| 2005 | 11.7% | -4.1% |
| 2006 | 8.2% | -29.8% |
| 2007 | 7.7% | -6.4% |
| 2008 | 7.3% | -4.5% |
| 2009 | 6.2% | -16.0% |
| 2010 | 6.6% | +6.9% |
| 2011 | 6.1% | -7.0% |
| 2012 | 5.4% | -12.0% |
| 2013 | 6.5% | +21.3% |
| 2014 | 6.2% | -4.7% |
| 2015 | 6.3% | +1.8% |
| 2016 | 10.4% | +64.6% |
| 2017 | 10.8% | +3.3% |
| 2018 | 9.4% | -12.4% |
| 2019 | 9.9% | +5.0% |
| 2020 | 10.3% | +3.9% |
| 2021 | 11.2% | +8.4% |
| 2022 | 12.3% | +10.7% |
| 2023 | 14.4% | +16.3% |
| 2024 | 13.5% | -6.1% |
| 2025 | 11.8% | -12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.8% | 4.5% | 16.1% | 3 |
| 2000s | 9.1% | 6.2% | 12.5% | 10 |
| 2010s | 7.8% | 5.4% | 10.8% | 10 |
| 2020s | 12.2% | 10.3% | 14.4% | 6 |
Countries ranked near Mozambique
- 11 South Sudan 14.2% compare
- 12 Somalia 13.0%
- 13 Micronesia, Federated States of 12.6% compare
- 15 Angola 11.4% compare
- 16 Mauritania 11.3% compare
- 17 Argentina 11.2% 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 interest rate spread in Mozambique?
- Interest rate spread in Mozambique was 11.8% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Mozambique?
- The highest recorded value was 16.1% in 1998.
- What is the lowest interest rate spread recorded in Mozambique?
- The lowest recorded value was 4.5% in 1997.
- How does Mozambique rank for interest rate spread?
- Mozambique ranks 14th out of 141 countries with data for 2025.
- Is interest rate spread rising or falling in Mozambique?
- Over the last ten years it is up 85.7%. The long-run trend across the full record is rising.
- Where does this Mozambique data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.