Current account balance (credit less debit), Net (credits less debits) in Morocco
Morocco: Current account balance (credit less debit), Net (credits less debits) was -1.87 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Morocco, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Morocco stood at -1.87 billion.
That represents a change of down 22.1% on the previous year and up 71.7% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Morocco peaked at 1.41 billion in 2006 and was at its lowest, -9.57 billion, in 2012.
That places Morocco 149th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Morocco, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.04 billion | — |
| 2006 | 1.41 billion | +35.6% |
| 2007 | -122.04 million | -108.6% |
| 2008 | -4.53 billion | +3610.8% |
| 2009 | -4.97 billion | +9.8% |
| 2010 | -3.93 billion | -21.0% |
| 2011 | -8.00 billion | +103.8% |
| 2012 | -9.57 billion | +19.6% |
| 2013 | -7.84 billion | -18.0% |
| 2014 | -6.60 billion | -15.9% |
| 2015 | -2.16 billion | -67.2% |
| 2016 | -4.18 billion | +93.4% |
| 2017 | -3.68 billion | -12.0% |
| 2018 | -6.21 billion | +68.7% |
| 2019 | -4.41 billion | -29.0% |
| 2020 | -1.37 billion | -68.9% |
| 2021 | -3.35 billion | +144.7% |
| 2022 | -4.80 billion | +43.3% |
| 2023 | -1.53 billion | -68.1% |
| 2024 | -1.87 billion | +22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.43 billion | -4.97 billion | 1.41 billion | 5 |
| 2010s | -5.66 billion | -9.57 billion | -2.16 billion | 10 |
| 2020s | -2.58 billion | -4.80 billion | -1.37 billion | 5 |
Countries ranked near Morocco
More financial sector data for Morocco
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 24.12 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1725 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 818.79 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 22.41 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 861.62 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 24.26 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 920.63 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 24.16 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 920 SDR per person (2025)
- Total reserves (gold at national valuation) 35.36 billion SDR (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Morocco?
- Current account balance (credit less debit), net (credits less debits) in Morocco was -1.87 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Morocco?
- The highest recorded value was 1.41 billion in 2006.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Morocco?
- The lowest recorded value was -9.57 billion in 2012.
- How does Morocco rank for current account balance (credit less debit), net (credits less debits)?
- Morocco ranks 149th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Morocco?
- Over the last ten years it is up 71.7%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.