External debt as a share of gni in Morocco
Morocco: External debt as a share of gni was 48.66 in 2023. ▲ Rising
Latest (2023)
48.66
Change on year
down 3.4%
World rank
54th
of 118 countries
All-time high
54.92
in 2020
All-time low
20.73
in 2008
Years of data
24
2000–2023
External debt as a share of gni in Morocco, 2000–2023
Source: Our World in Data.
Analysis
In 2023, external debt as a share of gni in Morocco stood at 48.66.
The figure is down 3.4% on the previous year and up 41.0% over ten years.
Over the whole period, external debt as a share of gni in Morocco peaked at 54.92 in 2020 and was at its lowest, 20.73, in 2008.
Morocco ranks 54th of 118 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
External debt as a share of gni in Morocco, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 49.25 | — |
| 2001 | 43.91 | -10.8% |
| 2002 | 39.07 | -11.0% |
| 2003 | 32.06 | -17.9% |
| 2004 | 26.14 | -18.5% |
| 2005 | 23.84 | -8.8% |
| 2006 | 23.91 | +0.3% |
| 2007 | 23.99 | +0.3% |
| 2008 | 20.73 | -13.6% |
| 2009 | 24.82 | +19.7% |
| 2010 | 27.46 | +10.6% |
| 2011 | 27.7 | +0.9% |
| 2012 | 32.32 | +16.7% |
| 2013 | 34.5 | +6.7% |
| 2014 | 37.13 | +7.6% |
| 2015 | 41.05 | +10.6% |
| 2016 | 43.47 | +5.9% |
| 2017 | 44 | +1.2% |
| 2018 | 40.41 | -8.2% |
| 2019 | 43.53 | +7.7% |
| 2020 | 54.92 | +26.2% |
| 2021 | 46.9 | -14.6% |
| 2022 | 50.35 | +7.4% |
| 2023 | 48.66 | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.77 | 20.73 | 49.25 | 10 |
| 2010s | 37.16 | 27.46 | 44 | 10 |
| 2020s | 50.21 | 46.9 | 54.92 | 4 |
Countries ranked near Morocco
- 51 Bosnia and Herzegovina 51.22 compare
- 52 Belize 51.09 compare
- 53 Saint Lucia 49.05 compare
- 55 Costa Rica 48.49 compare
- 56 Côte d'Ivoire 48.28 compare
- 57 Samoa 46.78 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)
- GNI (current LCU), annual growth rate 6.92 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 9.22 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 43,765 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -4.79 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 1.45 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 22.1 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.119 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 564.77 current US$ per person (2025)
Frequently asked questions
- What is external debt as a share of gni in Morocco?
- External debt as a share of gni in Morocco was 48.66 in 2023, according to Our World in Data.
- What is the highest external debt as a share of gni recorded in Morocco?
- The highest recorded value was 54.92 in 2020.
- What is the lowest external debt as a share of gni recorded in Morocco?
- The lowest recorded value was 20.73 in 2008.
- How does Morocco rank for external debt as a share of gni?
- Morocco ranks 54th out of 118 countries with data for 2023.
- Is external debt as a share of gni rising or falling in Morocco?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is rising.
- Where does this Morocco data come from?
- The figures come from Our World in Data, published as part of External debt as a share of gni. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).