Services balance (credit less debit), Net (credits less debits) (US) in Morocco
Morocco: Services balance (credit less debit), Net (credits less debits) (US) was 13.92 billion in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Morocco, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Morocco stood at 13.92 billion. That is the highest value across all 20 years on record.
The figure is up 7.7% on the previous year and up 89.0% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Morocco peaked at 13.92 billion in 2024 and was at its lowest, 5.42 billion, in 2005.
Morocco ranks 19th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Services balance (credit less debit), Net (credits less debits) (US) in Morocco, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 5.42 billion | — |
| 2006 | 6.90 billion | +27.4% |
| 2007 | 8.65 billion | +25.3% |
| 2008 | 8.62 billion | -0.3% |
| 2009 | 7.93 billion | -8.0% |
| 2010 | 7.36 billion | -7.2% |
| 2011 | 7.32 billion | -0.5% |
| 2012 | 7.21 billion | -1.6% |
| 2013 | 6.78 billion | -5.9% |
| 2014 | 7.36 billion | +8.6% |
| 2015 | 6.76 billion | -8.2% |
| 2016 | 6.89 billion | +1.9% |
| 2017 | 7.51 billion | +9.0% |
| 2018 | 8.12 billion | +8.1% |
| 2019 | 9.72 billion | +19.7% |
| 2020 | 6.73 billion | -30.8% |
| 2021 | 6.84 billion | +1.7% |
| 2022 | 11.23 billion | +64.1% |
| 2023 | 12.92 billion | +15.1% |
| 2024 | 13.92 billion | +7.7% |
Morocco compared with similar countries
- Morocco's 13.92 billion is above the median for lower middle income countries, which is -329.10 million. (46 countries reporting)
- Morocco's 13.92 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 18.90 million, 736.2× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.51 billion | 5.42 billion | 8.65 billion | 5 |
| 2010s | 7.51 billion | 6.76 billion | 9.72 billion | 10 |
| 2020s | 10.33 billion | 6.73 billion | 13.92 billion | 5 |
Countries ranked near Morocco
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 services balance (credit less debit), net (credits less debits) in Morocco?
- Services balance (credit less debit), net (credits less debits) in Morocco was 13.92 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Morocco?
- The highest recorded value was 13.92 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Morocco?
- The lowest recorded value was 5.42 billion in 2005.
- How does Morocco rank for services balance (credit less debit), net (credits less debits)?
- Morocco ranks 19th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Morocco?
- Over the last ten years it is up 89.0%. The long-run trend across the full record is rising.
- Where does this Morocco data come from?
- The figures come from International Monetary Fund, published as part of Services 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.