Current account balance (credit less debit), Percent of GDP (Balance) in Morocco
Morocco: Current account balance (credit less debit), Percent of GDP (Balance) was -2.96 in 2030. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Morocco, 2000–2030
Source: International Monetary Fund.
Analysis
In 2030, current account balance (credit less debit), percent of gdp (balance) in Morocco stood at -2.96.
The figure is up 9.7% on the previous year and down 154.1% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Morocco peaked at 3.23 in 2002 and was at its lowest, -8.79, in 2012.
That places Morocco 18th out of 32 countries with data for 2030, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP (Balance) in Morocco, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -3.41 | — |
| 2001 | 1.87 | -154.7% |
| 2002 | 3.23 | +73.2% |
| 2003 | 2.82 | -12.6% |
| 2004 | 1.5 | -47.1% |
| 2005 | 1.58 | +5.5% |
| 2006 | 1.9 | +20.6% |
| 2007 | -0.0588 | -103.1% |
| 2008 | -4.63 | +7781.7% |
| 2009 | -4.92 | +6.3% |
| 2010 | -4.04 | -17.9% |
| 2011 | -7.28 | +80.1% |
| 2012 | -8.79 | +20.7% |
| 2013 | -6.81 | -22.6% |
| 2014 | -5.51 | -19.0% |
| 2015 | -1.96 | -64.4% |
| 2016 | -3.75 | +91.2% |
| 2017 | -3.16 | -15.7% |
| 2018 | -4.88 | +54.4% |
| 2019 | -3.42 | -29.9% |
| 2020 | -1.17 | -65.9% |
| 2021 | -2.34 | +101.1% |
| 2022 | -3.55 | +51.4% |
| 2023 | -1.05 | -70.5% |
| 2024 | -1.16 | +10.7% |
| 2025 | -2.28 | +96.9% |
| 2026 | -2.59 | +13.4% |
| 2027 | -2.9 | +12.2% |
| 2028 | -3.14 | +8.2% |
| 2029 | -3.28 | +4.3% |
| 2030 | -2.96 | -9.7% |
Morocco compared with similar countries
- Morocco's -2.96 is above the median for lower middle income countries, which is -3.97, 75% of the median. (10 countries reporting)
- Morocco's -2.96 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -0.3292, 9.0× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP (Balance) in Morocco 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 |
|---|---|---|---|
| 2008 | -7781.7% | -0.0588 | -4.63 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.013 | -4.92 | 3.23 | 10 |
| 2010s | -4.96 | -8.79 | -1.96 | 10 |
| 2020s | -2.35 | -3.55 | -1.05 | 10 |
| 2030s | -2.96 | -2.96 | -2.96 | 1 |
Countries ranked near Morocco
- 15 Algeria -2.73 compare
- 16 Saudi Arabia -2.81 compare
- 17 Syrian Arab Republic -2.84 compare
- 19 Turkmenistan -3.58 compare
- 20 Egypt -3.79 compare
- 21 Tunisia -4.15 compare
More financial sector data for Morocco
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 5.35 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.91 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 5.35 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in Morocco?
- Current account balance (credit less debit), percent of gdp (balance) in Morocco was -2.96 in 2030, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Morocco?
- The highest recorded value was 3.23 in 2002.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Morocco?
- The lowest recorded value was -8.79 in 2012.
- How does Morocco rank for current account balance (credit less debit), percent of gdp (balance)?
- Morocco ranks 18th out of 32 countries with data for 2030.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Morocco?
- Over the last ten years it is down 154.1%. 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), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
The Middle East and Central Asia Department Regional Economic Outlook (MCDREO) provides information on recent economic developments and prospects for 32 countries and territories: Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Islamic Republic of Iran, Iraq, Jordan, Kazakhstan, Kuwait, Kyrgyz Republic, Lebanon, Libya, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Syrian Arab Republic, Tajikistan, Tunisia, Turkmenistan, United Arab Emirates, Uzbekistan, West Bank and Gaza, and Yemen. These countries and territories are divided into two main nonoverlapping groups, based on export earnings, namely (1) oil exporters; and (2) oil importers. The oil importers group comprises (1) emerging market and middle-income countries (EM&MI) and (2) low-income countries (LICs) based on the income level. Additional analytical and regional groups might be used to provide a more granular breakdown for analysis and continuity.