Insurance and financial services (% of commercial service imports) in Mozambique
Mozambique: Insurance and financial services (% of commercial service imports) was 4.9% in 2025. ◆ Volatile
Insurance and financial services in Mozambique, 2005–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
The most recent figure for insurance and financial services in Mozambique is 4.9%, measured in 2025.
That represents a change of down 27.4% on the previous year and down 7.2% over ten years.
Over the whole period, insurance and financial services in Mozambique peaked at 23.3% in 2017 and was at its lowest, 1.5%, in 2008.
That places Mozambique 116th out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services (% of commercial service imports) in Mozambique, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 2005 | 3.2% | — |
| 2006 | 2.0% | -37.3% |
| 2007 | 2.8% | +43.1% |
| 2008 | 1.5% | -49.0% |
| 2009 | 2.1% | +41.5% |
| 2010 | 4.4% | +113.4% |
| 2011 | 3.0% | -31.4% |
| 2012 | 2.0% | -35.2% |
| 2013 | 3.4% | +72.9% |
| 2014 | 3.4% | +0.9% |
| 2015 | 5.3% | +56.0% |
| 2016 | 4.7% | -10.7% |
| 2017 | 23.3% | +391.7% |
| 2018 | 6.0% | -74.2% |
| 2019 | 16.0% | +165.7% |
| 2020 | 11.7% | -26.9% |
| 2021 | 11.1% | -5.5% |
| 2022 | 9.7% | -12.0% |
| 2023 | 8.0% | -17.7% |
| 2024 | 6.8% | -15.3% |
| 2025 | 4.9% | -27.4% |
Mozambique compared with similar countries
- Mozambique's 4.9% is above the median for low income countries, which is 4.4%, 1.1× the median. (22 countries reporting)
- Mozambique's 4.9% is above the median for Sub-Saharan Africa, which is 4.9%, 1.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services (% of commercial service imports) 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 |
|---|---|---|---|
| 2017 | +391.7% | 4.7% | 23.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | 1.5% | 3.2% | 5 |
| 2010s | 7.2% | 2.0% | 23.3% | 10 |
| 2020s | 8.7% | 4.9% | 11.7% | 6 |
Countries ranked near Mozambique
More private sector data for Mozambique
- Merchandise trade 77.5% (2025)
- Food imports 22.2% (2025)
- Manufactures imports 51.0% (2025)
- Merchandise imports 9.21 billion current US$ (2025)
- Commercial service imports 2.41 billion current US$ (2025)
- Food exports 12.4% (2025)
- Manufactures exports 4.9% (2025)
- Merchandise exports 8.10 billion current US$ (2025)
- Commercial service exports 1.23 billion current US$ (2025)
- Merchandise exports (current US$), per capita 227.33 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Mozambique?
- Insurance and financial services in Mozambique was 4.9% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Mozambique?
- The highest recorded value was 23.3% in 2017.
- What is the lowest insurance and financial services recorded in Mozambique?
- The lowest recorded value was 1.5% in 2008.
- How does Mozambique rank for insurance and financial services?
- Mozambique ranks 116th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Mozambique?
- Over the last ten years it is down 7.2%. The long-run trend across the full record is volatile.
- Where does this Mozambique data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service imports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.