External balance on goods and services in Morocco
Morocco: External balance on goods and services was -156.26 billion current LCU in 2025. ◆ Volatile
Latest (2025)
-156.26 billion current LCU
Change on year
down 19.5%
World rank
142nd
of 193 countries
All-time high
190.00 million current LCU
in 1965
All-time low
-156.26 billion current LCU
in 2025
Years of data
66
1960–2025
External balance on goods and services in Morocco, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for external balance on goods and services in Morocco is -156.26 billion current LCU, measured in 2025. That is the lowest value across all 66 years on record.
Compared with earlier readings it is down 19.5% on the previous year and down 98.6% over ten years.
Over the whole period, external balance on goods and services in Morocco peaked at 190.00 million current LCU in 1965 and was at its lowest, -156.26 billion current LCU, in 2025.
That places Morocco 142nd out of 193 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 in Morocco, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 90.00 million current LCU | — |
| 1961 | -310.00 million current LCU | -444.4% |
| 1962 | -370.00 million current LCU | +19.4% |
| 1963 | -290.00 million current LCU | -21.6% |
| 1964 | 50.00 million current LCU | -117.2% |
| 1965 | 190.00 million current LCU | +280.0% |
| 1966 | -60.00 million current LCU | -131.6% |
| 1967 | -350.00 million current LCU | +483.3% |
| 1968 | -260.00 million current LCU | -25.7% |
| 1969 | -84.00 million current LCU | -67.7% |
| 1970 | -789.30 million current LCU | +839.6% |
| 1971 | -610.00 million current LCU | -22.7% |
| 1972 | -151.50 million current LCU | -75.2% |
| 1973 | -325.40 million current LCU | +114.8% |
| 1974 | -213.30 million current LCU | -34.4% |
| 1975 | -3.96 billion current LCU | +1756.1% |
| 1976 | -7.97 billion current LCU | +101.3% |
| 1977 | -10.16 billion current LCU | +27.5% |
| 1978 | -7.55 billion current LCU | -25.7% |
| 1979 | -7.98 billion current LCU | +5.6% |
| 1980 | -7.42 billion current LCU | -7.0% |
| 1981 | -11.13 billion current LCU | +50.0% |
| 1982 | -12.93 billion current LCU | +16.2% |
| 1983 | -8.21 billion current LCU | -36.5% |
| 1984 | -11.88 billion current LCU | +44.7% |
| 1985 | -12.50 billion current LCU | +5.3% |
| 1986 | -11.55 billion current LCU | -7.7% |
| 1987 | -8.54 billion current LCU | -26.0% |
| 1988 | -304.94 million current LCU | -96.4% |
| 1989 | -11.71 billion current LCU | +3738.9% |
| 1990 | -13.70 billion current LCU | +17.0% |
| 1991 | -14.45 billion current LCU | +5.5% |
| 1992 | -17.04 billion current LCU | +17.9% |
| 1993 | -16.33 billion current LCU | -4.2% |
| 1994 | -17.81 billion current LCU | +9.1% |
| 1995 | -21.23 billion current LCU | +19.2% |
| 1996 | -12.88 billion current LCU | -39.3% |
| 1997 | -12.31 billion current LCU | -4.4% |
| 1998 | -16.02 billion current LCU | +30.1% |
| 1999 | -15.01 billion current LCU | -6.3% |
| 2000 | -23.07 billion current LCU | +53.7% |
| 2001 | -13.38 billion current LCU | -42.0% |
| 2002 | -12.56 billion current LCU | -6.1% |
| 2003 | -16.55 billion current LCU | +31.7% |
| 2004 | -28.45 billion current LCU | +71.9% |
| 2005 | -33.58 billion current LCU | +18.0% |
| 2006 | -36.14 billion current LCU | +7.6% |
| 2007 | -60.50 billion current LCU | +67.4% |
| 2008 | -101.72 billion current LCU | +68.1% |
| 2009 | -89.14 billion current LCU | -12.4% |
| 2010 | -84.59 billion current LCU | -5.1% |
| 2011 | -115.03 billion current LCU | +36.0% |
| 2012 | -129.44 billion current LCU | +12.5% |
| 2013 | -129.89 billion current LCU | +0.3% |
| 2014 | -116.44 billion current LCU | -10.3% |
| 2015 | -78.67 billion current LCU | -32.4% |
| 2016 | -105.63 billion current LCU | +34.3% |
| 2017 | -102.95 billion current LCU | -2.5% |
| 2018 | -114.72 billion current LCU | +11.4% |
| 2019 | -96.86 billion current LCU | -15.6% |
| 2020 | -83.62 billion current LCU | -13.7% |
| 2021 | -118.10 billion current LCU | +41.2% |
| 2022 | -153.13 billion current LCU | +29.7% |
| 2023 | -122.56 billion current LCU | -20.0% |
| 2024 | -130.78 billion current LCU | +6.7% |
| 2025 | -156.26 billion current LCU | +19.5% |
Morocco compared with similar countries
- Morocco's -156.26 billion current LCU is below the median for lower middle income countries, which is -57.12 billion current LCU, 2.7× the median. (45 countries reporting)
- Morocco's -156.26 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -4.55 billion current LCU, 34.3× the median. (23 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services 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 |
|---|---|---|---|
| 1989 | -3738.9% | -304.94 million current LCU | -11.71 billion current LCU |
| 1975 | -1756.1% | -213.30 million current LCU | -3.96 billion current LCU |
| 1970 | -839.6% | -84.00 million current LCU | -789.30 million current LCU |
| 1967 | -483.3% | -60.00 million current LCU | -350.00 million current LCU |
| 1961 | -444.4% | 90.00 million current LCU | -310.00 million current LCU |
| 1965 | +280.0% | 50.00 million current LCU | 190.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -139.40 million current LCU | -370.00 million current LCU | 190.00 million current LCU | 10 |
| 1970s | -3.97 billion current LCU | -10.16 billion current LCU | -151.50 million current LCU | 10 |
| 1980s | -9.62 billion current LCU | -12.93 billion current LCU | -304.94 million current LCU | 10 |
| 1990s | -15.68 billion current LCU | -21.23 billion current LCU | -12.31 billion current LCU | 10 |
| 2000s | -41.51 billion current LCU | -101.72 billion current LCU | -12.56 billion current LCU | 10 |
| 2010s | -107.42 billion current LCU | -129.89 billion current LCU | -78.67 billion current LCU | 10 |
| 2020s | -127.41 billion current LCU | -156.26 billion current LCU | -83.62 billion current LCU | 6 |
Countries ranked near Morocco
- 139 Albania -145.93 billion current LCU compare
- 140 Guatemala -145.93 billion current LCU compare
- 141 Turkey -148.18 billion current LCU compare
- 143 New Caledonia -160.12 billion current LCU compare
- 144 Comoros -176.53 billion current LCU compare
- 145 Guinea-Bissau -193.40 billion current LCU 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 external balance on goods and services in Morocco?
- External balance on goods and services in Morocco was -156.26 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Morocco?
- The highest recorded value was 190.00 million current LCU in 1965.
- What is the lowest external balance on goods and services recorded in Morocco?
- The lowest recorded value was -156.26 billion current LCU in 2025.
- How does Morocco rank for external balance on goods and services?
- Morocco ranks 142nd out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Morocco?
- Over the last ten years it is down 98.6%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.