External balance on goods and services as a percent of GDP in Morocco
Morocco: External balance on goods and services as a percent of GDP was -9.2% in 2025. ◆ Volatile
Latest (2025)
-9.2%
Change on year
down 11.9%
World rank
128th
of 191 countries
All-time high
1.3%
in 1965
All-time low
-20.4%
in 1977
Years of data
66
1960–2025
External balance on goods and services as a percent of GDP in Morocco, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services as a percent of gdp in Morocco is -9.2%, measured in 2025.
Compared with earlier readings it is down 11.9% on the previous year and down 25.6% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Morocco peaked at 1.3% in 1965 and was at its lowest, -20.4%, in 1977.
That places Morocco 128th out of 191 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Morocco, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 0.9% | — |
| 1961 | -3.0% | -446.4% |
| 1962 | -3.1% | +1.6% |
| 1963 | -2.2% | -29.8% |
| 1964 | 0.4% | -116.4% |
| 1965 | 1.3% | +260.7% |
| 1966 | -0.4% | -132.4% |
| 1967 | -2.3% | +450.8% |
| 1968 | -1.6% | -30.8% |
| 1969 | -0.5% | -71.1% |
| 1970 | -3.9% | +767.3% |
| 1971 | -2.8% | -29.7% |
| 1972 | -0.6% | -76.6% |
| 1973 | -1.3% | +95.6% |
| 1974 | -0.6% | -49.9% |
| 1975 | -10.9% | +1609.7% |
| 1976 | -18.8% | +73.0% |
| 1977 | -20.4% | +8.6% |
| 1978 | -13.7% | -32.9% |
| 1979 | -12.9% | -6.2% |
| 1980 | -8.7% | -32.6% |
| 1981 | -12.1% | +39.5% |
| 1982 | -12.1% | +0.3% |
| 1983 | -7.1% | -41.4% |
| 1984 | -9.1% | +28.0% |
| 1985 | -8.3% | -8.9% |
| 1986 | -6.5% | -21.4% |
| 1987 | -4.7% | -27.9% |
| 1988 | -0.1% | -96.9% |
| 1989 | -5.2% | +3526.7% |
| 1990 | -5.5% | +5.1% |
| 1991 | -5.1% | -6.7% |
| 1992 | -5.9% | +15.1% |
| 1993 | -5.5% | -6.3% |
| 1994 | -5.4% | -2.0% |
| 1995 | -6.4% | +17.1% |
| 1996 | -3.4% | -46.2% |
| 1997 | -3.3% | -3.6% |
| 1998 | -3.6% | +8.6% |
| 1999 | -3.3% | -7.7% |
| 2000 | -5.0% | +52.5% |
| 2001 | -2.7% | -46.5% |
| 2002 | -2.4% | -10.3% |
| 2003 | -3.0% | +23.0% |
| 2004 | -4.9% | +62.9% |
| 2005 | -5.5% | +13.4% |
| 2006 | -5.4% | -1.6% |
| 2007 | -8.5% | +56.9% |
| 2008 | -12.9% | +51.8% |
| 2009 | -10.9% | -15.2% |
| 2010 | -10.0% | -8.9% |
| 2011 | -12.9% | +29.6% |
| 2012 | -14.0% | +8.6% |
| 2013 | -13.4% | -4.8% |
| 2014 | -11.6% | -12.9% |
| 2015 | -7.3% | -37.2% |
| 2016 | -9.7% | +32.3% |
| 2017 | -9.0% | -7.2% |
| 2018 | -9.6% | +7.1% |
| 2019 | -7.8% | -18.6% |
| 2020 | -7.3% | -7.1% |
| 2021 | -9.3% | +27.5% |
| 2022 | -11.5% | +24.1% |
| 2023 | -8.3% | -27.9% |
| 2024 | -8.2% | -1.1% |
| 2025 | -9.2% | +11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -1.0% | -3.1% | 1.3% | 10 |
| 1970s | -8.6% | -20.4% | -0.6% | 10 |
| 1980s | -7.4% | -12.1% | -0.1% | 10 |
| 1990s | -4.8% | -6.4% | -3.3% | 10 |
| 2000s | -6.1% | -12.9% | -2.4% | 10 |
| 2010s | -10.5% | -14.0% | -7.3% | 10 |
| 2020s | -8.9% | -11.5% | -7.3% | 6 |
Countries ranked near Morocco
- 125 Antigua and Barbuda -8.3% compare
- 126 Lao People's Democratic Republic -8.7% compare
- 127 Iran, Islamic Republic of -8.7% compare
- 129 Mauritius -9.9% compare
- 130 Fiji -10.2% compare
- 131 Greenland -10.3% 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)
- Final consumption expenditure (constant 2015 US$), per capita 2,919 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 14.57 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.09 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 5,180 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 7.75 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 10.21 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 48,438 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 7.84 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Morocco?
- External balance on goods and services as a percent of gdp in Morocco was -9.2% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Morocco?
- The highest recorded value was 1.3% in 1965.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Morocco?
- The lowest recorded value was -20.4% in 1977.
- How does Morocco rank for external balance on goods and services as a percent of gdp?
- Morocco ranks 128th out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Morocco?
- Over the last ten years it is down 25.6%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.