Government Expenditure: Mozambique

Analysis# Mozambique Government Expenditure Mozambique's government expenditure reached 30.433% of GDP in 2026, reflecting a moderation from the previous year's 31.157%. Since 2004, spending has climbed 71.3%, rising from a low of 16.983% to a peak of 39.733% in 2014. The current level sits near the middle of this historical range, indicating a country managing substantial public investment without returning to the crisis-era highs of a decade ago. Recent years show volatility rather than sustained direction. Expenditure spiked to 33.858% in 2020, likely driven by pandemic-related spending, then oscillated between 31–33% through 2024. The projected decline to 30.433% in 2026 suggests a modest fiscal consolidation, moving away from the elevated plateau maintained since the mid-2010s. This trajectory indicates Mozambique may be gradually reducing the government's relative claim on economic output.