Mozambique recorded a Current Account deficit of 630.30 USD Million in the second quarter of 2018. Current Account in Mozambique averaged -516.28 USD Million from 1980 until 2018, reaching an all time high of 209.20 USD Million in the fourth quarter of 2002 and a record low of -1942.50 USD Million in the fourth quarter of 2013.
Current Account in Mozambique is expected to be -913.15 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Mozambique to stand at -870.97 in 12 months time. In the long-term, the Mozambique Current Account is projected to trend around -855.52 USD Million in 2020, according to our econometric models.