Interest rate spread (lending rate minus deposit rate, %) in Mozambique
Mozambique: Interest rate spread (lending rate minus deposit rate, %) 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 (lending rate minus deposit rate, %) 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% |
Mozambique compared with similar countries
- Mozambique's 11.8% is above the median for low income countries, which is 9.8%, 1.2× the median. (16 countries reporting)
- Mozambique's 11.8% is above the median for Sub-Saharan Africa, which is 6.2%, 1.9× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Interest rate spread (lending rate minus deposit rate, %) in Mozambique changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +255.7% | 4.5% | 16.1% |
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 (country) 12.6% compare
- 15 Angola 11.4% compare
- 16 Mauritania 11.3% compare
- 17 Argentina 11.2% compare
More financial sector data for Mozambique
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.1 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.8011 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.1 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
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.
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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.