Current account balance as a proportion of GDP in Morocco
Morocco: Current account balance as a proportion of GDP was -1.2% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Morocco, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Morocco recorded -1.2% for current account balance as a proportion of gdp in 2024.
That represents a change of down 11.1% on the previous year and up 79.0% over ten years.
Over the whole period, current account balance as a proportion of gdp in Morocco peaked at 3.7% in 2001 and was at its lowest, -9.0%, in 2012.
Morocco ranks 90th of 177 countries on this measure, 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 as a proportion of GDP in Morocco, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -1.1% | — |
| 2001 | 3.7% | -433.0% |
| 2002 | 3.1% | -14.6% |
| 2003 | 2.7% | -13.1% |
| 2004 | 1.5% | -46.2% |
| 2005 | 1.5% | +3.1% |
| 2006 | 1.9% | +23.1% |
| 2007 | -0.1% | -107.5% |
| 2008 | -4.4% | +3068.7% |
| 2009 | -4.9% | +10.5% |
| 2010 | -3.9% | -20.8% |
| 2011 | -7.3% | +86.7% |
| 2012 | -9.0% | +23.2% |
| 2013 | -6.8% | -24.3% |
| 2014 | -5.5% | -18.3% |
| 2015 | -2.0% | -64.7% |
| 2016 | -3.7% | +91.4% |
| 2017 | -3.1% | -17.2% |
| 2018 | -4.9% | +57.1% |
| 2019 | -3.4% | -29.9% |
| 2020 | -1.1% | -67.0% |
| 2021 | -2.4% | +109.1% |
| 2022 | -3.7% | +55.1% |
| 2023 | -1.0% | -71.4% |
| 2024 | -1.2% | +11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4% | -4.9% | 3.7% | 10 |
| 2010s | -5.0% | -9.0% | -2.0% | 10 |
| 2020s | -1.9% | -3.7% | -1.0% | 5 |
Countries ranked near Morocco
More economy & growth data for Morocco
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.57 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.41 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 5,177 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.81 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2525 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,198 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 5.16 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 2.36 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 11,202 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.76 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Morocco?
- Current account balance as a proportion of gdp in Morocco was -1.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Morocco?
- The highest recorded value was 3.7% in 2001.
- What is the lowest current account balance as a proportion of gdp recorded in Morocco?
- The lowest recorded value was -9.0% in 2012.
- How does Morocco rank for current account balance as a proportion of gdp?
- Morocco ranks 90th out of 177 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Morocco?
- Over the last ten years it is up 79.0%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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