Current account balance in Morocco
Morocco: Current account balance was -4.56 billion BoP, current US$ in 2025. ◆ Volatile
Current account balance in Morocco, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Morocco is -4.56 billion BoP, current US$, measured in 2025.
That represents a change of down 130.5% on the previous year and down 110.9% over ten years.
Over the whole period, current account balance in Morocco peaked at 1.61 billion BoP, current US$ in 2001 and was at its lowest, -9.57 billion BoP, current US$, in 2012.
Morocco ranks 173rd of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Morocco, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | -503.89 million BoP, current US$ | — |
| 1976 | -1.37 billion BoP, current US$ | +171.5% |
| 1977 | -1.82 billion BoP, current US$ | +33.4% |
| 1978 | -1.31 billion BoP, current US$ | -28.1% |
| 1979 | -1.50 billion BoP, current US$ | +14.6% |
| 1980 | -1.41 billion BoP, current US$ | -6.4% |
| 1981 | -1.83 billion BoP, current US$ | +29.9% |
| 1982 | -1.87 billion BoP, current US$ | +2.2% |
| 1983 | -885.75 million BoP, current US$ | -52.6% |
| 1984 | -984.20 million BoP, current US$ | +11.1% |
| 1985 | -890.57 million BoP, current US$ | -9.5% |
| 1986 | -208.63 million BoP, current US$ | -76.6% |
| 1987 | 181.71 million BoP, current US$ | -187.1% |
| 1988 | 472.78 million BoP, current US$ | +160.2% |
| 1989 | -787.33 million BoP, current US$ | -266.5% |
| 1990 | -195.57 million BoP, current US$ | -75.2% |
| 1991 | -413.25 million BoP, current US$ | +111.3% |
| 1992 | -432.66 million BoP, current US$ | +4.7% |
| 1993 | -521.36 million BoP, current US$ | +20.5% |
| 1994 | -722.94 million BoP, current US$ | +38.7% |
| 1995 | -1.19 billion BoP, current US$ | +64.0% |
| 1996 | 34.99 million BoP, current US$ | -103.0% |
| 1997 | -87.22 million BoP, current US$ | -349.3% |
| 1998 | -143.79 million BoP, current US$ | +64.8% |
| 1999 | -166.86 million BoP, current US$ | +16.0% |
| 2000 | -474.86 million BoP, current US$ | +184.6% |
| 2001 | 1.61 billion BoP, current US$ | -439.3% |
| 2002 | 1.48 billion BoP, current US$ | -8.3% |
| 2003 | 1.58 billion BoP, current US$ | +7.1% |
| 2004 | 969.56 million BoP, current US$ | -38.7% |
| 2005 | 1.04 billion BoP, current US$ | +7.3% |
| 2006 | 1.41 billion BoP, current US$ | +35.6% |
| 2007 | -122.04 million BoP, current US$ | -108.6% |
| 2008 | -4.53 billion BoP, current US$ | +3610.8% |
| 2009 | -4.97 billion BoP, current US$ | +9.8% |
| 2010 | -3.93 billion BoP, current US$ | -21.0% |
| 2011 | -8.00 billion BoP, current US$ | +103.8% |
| 2012 | -9.57 billion BoP, current US$ | +19.6% |
| 2013 | -7.84 billion BoP, current US$ | -18.0% |
| 2014 | -6.60 billion BoP, current US$ | -15.9% |
| 2015 | -2.16 billion BoP, current US$ | -67.2% |
| 2016 | -4.18 billion BoP, current US$ | +93.4% |
| 2017 | -3.68 billion BoP, current US$ | -12.0% |
| 2018 | -6.21 billion BoP, current US$ | +68.7% |
| 2019 | -4.41 billion BoP, current US$ | -29.0% |
| 2020 | -1.37 billion BoP, current US$ | -68.9% |
| 2021 | -3.35 billion BoP, current US$ | +144.7% |
| 2022 | -4.80 billion BoP, current US$ | +43.3% |
| 2023 | -1.53 billion BoP, current US$ | -68.1% |
| 2024 | -1.98 billion BoP, current US$ | +29.2% |
| 2025 | -4.56 billion BoP, current US$ | +130.5% |
Morocco compared with similar countries
- Morocco's -4.56 billion BoP, current US$ is below the median for lower middle income countries, which is -391.82 million BoP, current US$, 11.6× the median. (47 countries reporting)
- Morocco's -4.56 billion BoP, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -407.69 million BoP, current US$, 11.2× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Current account balance in Morocco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -3610.8% | -122.04 million BoP, current US$ | -4.53 billion BoP, current US$ |
| 2001 | +439.3% | -474.86 million BoP, current US$ | 1.61 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.30 billion BoP, current US$ | -1.82 billion BoP, current US$ | -503.89 million BoP, current US$ | 5 |
| 1980s | -820.34 million BoP, current US$ | -1.87 billion BoP, current US$ | 472.78 million BoP, current US$ | 10 |
| 1990s | -383.46 million BoP, current US$ | -1.19 billion BoP, current US$ | 34.99 million BoP, current US$ | 10 |
| 2000s | -200.56 million BoP, current US$ | -4.97 billion BoP, current US$ | 1.61 billion BoP, current US$ | 10 |
| 2010s | -5.66 billion BoP, current US$ | -9.57 billion BoP, current US$ | -2.16 billion BoP, current US$ | 10 |
| 2020s | -2.93 billion BoP, current US$ | -4.80 billion BoP, current US$ | -1.37 billion BoP, current US$ | 6 |
Countries ranked near Morocco
- 170 Uganda -4.19 billion BoP, current US$ compare
- 171 Chile -4.35 billion BoP, current US$ compare
- 172 Sudan -4.44 billion BoP, current US$ compare
- 174 Serbia -4.90 billion BoP, current US$ compare
- 175 Slovakia -5.60 billion BoP, current US$ compare
- 176 Lebanon -5.64 billion BoP, current US$ compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 811.51 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0044 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 21.12 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.32 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 89.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0182 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 86.35 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 30.48 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Morocco?
- Current account balance in Morocco was -4.56 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Morocco?
- The highest recorded value was 1.61 billion BoP, current US$ in 2001.
- What is the lowest current account balance recorded in Morocco?
- The lowest recorded value was -9.57 billion BoP, current US$ in 2012.
- How does Morocco rank for current account balance?
- Morocco ranks 173rd out of 200 countries with data for 2025.
- Is current account balance rising or falling in Morocco?
- Over the last ten years it is down 110.9%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.