Current account balance as a proportion of gdp in Morocco
Morocco: Current account balance as a proportion of gdp was -0.62 in 2023. ◆ Volatile
Current account balance as a proportion of gdp in Morocco, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for current account balance as a proportion of gdp in Morocco is -0.62, measured in 2023.
That represents a change of up 83.1% on the previous year and up 90.9% over ten years.
Over the whole period, current account balance as a proportion of gdp in Morocco peaked at 3.68 in 2001 and was at its lowest, -8.95, in 2012.
Morocco ranks 92nd of 191 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 | 3.68 | -434.5% |
| 2002 | 3.14 | -14.7% |
| 2003 | 2.73 | -13.1% |
| 2004 | 1.47 | -46.2% |
| 2005 | 1.51 | +2.7% |
| 2006 | 1.86 | +23.2% |
| 2007 | -0.14 | -107.5% |
| 2008 | -4.45 | +3078.6% |
| 2009 | -4.91 | +10.3% |
| 2010 | -3.89 | -20.8% |
| 2011 | -7.27 | +86.9% |
| 2012 | -8.95 | +23.1% |
| 2013 | -6.78 | -24.2% |
| 2014 | -5.54 | -18.3% |
| 2015 | -1.96 | -64.6% |
| 2016 | -3.75 | +91.3% |
| 2017 | -3.1 | -17.3% |
| 2018 | -4.87 | +57.1% |
| 2019 | -3.42 | -29.8% |
| 2020 | -1.13 | -67.0% |
| 2021 | -2.36 | +108.8% |
| 2022 | -3.67 | +55.5% |
| 2023 | -0.62 | -83.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.379 | -4.91 | 3.68 | 10 |
| 2010s | -4.95 | -8.95 | -1.96 | 10 |
| 2020s | -1.94 | -3.67 | -0.62 | 4 |
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)
- GDP (constant 2015 US$), annual growth rate 4.59 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7798 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 3,701 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.6 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 7.38 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 35,024 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 17.82 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2271 current US$ per US$ of GDP (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 -0.62 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Morocco?
- The highest recorded value was 3.68 in 2001.
- What is the lowest current account balance as a proportion of gdp recorded in Morocco?
- The lowest recorded value was -8.95 in 2012.
- How does Morocco rank for current account balance as a proportion of gdp?
- Morocco ranks 92nd out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Morocco?
- Over the last ten years it is up 90.9%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
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