Mozambique vs Rwanda

Mozambique vs Rwanda: Government debt

Government debt: 90.8% of GDP in Mozambique in 2023 and 64.7% of GDP in Rwanda in 2025, by IMF estimates. In 2023 the value was higher in Mozambique, by 29.2 percentage points, or 1.47 times that in Rwanda.

Watch it change on the map

% of GDP · IMF

Mozambique vs Rwanda: Government debtGovernment debt: 90.8% of GDP in Mozambique in 2023 and 64.7% of GDP in Rwanda in 2025, by IMF estimates. In 2023 the value was higher in Mozambique, by 29.2 percentage points, or 1.47 times that in Rwanda.
MozambiqueRwandaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Mozambique has been higher since 2005, when it overtook Rwanda.
  • The IMF projection (World Economic Outlook, October 2026) puts Mozambique at 98.7% of GDP and Rwanda at 59.9% of GDP in 2031.

Every year

% of GDP · IMF

YearMozambiqueRwanda
202590.364.7
202491.263.4
202390.861.6
202297.359
2021101.466.2
202012066.7
201998.352.8
2018105.549.2
2017103.846.1
2016124.841.5
20158633.5
201463.429.5
201349.527
201236.719.3
201134.218.9
201038.619
200939.318.7
200832.818.5
200731.222.4
20064022.8
200560.158.9
200450.880.9
200363.279.5
200263.492
200199.884
200095.886
199994.778.4
1998–70.1
1997–72.2
1996–83.5
1995–100.8
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearMozambiqueRwanda
20269163.4
202798.663.4
2028104.863.4
2029109.862
2030108.861
203198.759.9

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Mozambique vs Rwanda

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