External debt stocks in Morocco
Morocco: External debt stocks was 44.7% in 2024. ▼ Falling
External debt stocks in Morocco, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for external debt stocks in Morocco is 44.7%, measured in 2024.
Compared with earlier readings it is down 8.6% on the previous year and up 20.5% over ten years.
Over the whole period, external debt stocks in Morocco peaked at 111.9% in 1985 and was at its lowest, 19.8%, in 1974.
Morocco ranks 60th of 121 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
External debt stocks in Morocco, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 25.0% | — |
| 1971 | 26.1% | +4.4% |
| 1972 | 23.5% | -9.6% |
| 1973 | 20.8% | -11.6% |
| 1974 | 19.8% | -4.7% |
| 1975 | 29.8% | +50.1% |
| 1976 | 35.4% | +18.8% |
| 1977 | 51.3% | +45.0% |
| 1978 | 53.1% | +3.5% |
| 1979 | 52.5% | -1.1% |
| 1980 | 45.7% | -13.0% |
| 1981 | 61.5% | +34.5% |
| 1982 | 72.7% | +18.2% |
| 1983 | 83.1% | +14.3% |
| 1984 | 96.8% | +16.5% |
| 1985 | 111.9% | +15.6% |
| 1986 | 94.4% | -15.6% |
| 1987 | 99.3% | +5.1% |
| 1988 | 85.2% | -14.2% |
| 1989 | 87.5% | +2.7% |
| 1990 | 85.4% | -2.5% |
| 1991 | 71.9% | -15.8% |
| 1992 | 69.2% | -3.8% |
| 1993 | 72.2% | +4.4% |
| 1994 | 66.5% | -8.0% |
| 1995 | 62.9% | -5.3% |
| 1996 | 57.5% | -8.5% |
| 1997 | 61.6% | +7.0% |
| 1998 | 51.8% | -15.9% |
| 1999 | 50.7% | -2.1% |
| 2000 | 49.2% | -2.9% |
| 2001 | 43.9% | -10.8% |
| 2002 | 39.1% | -11.0% |
| 2003 | 32.1% | -17.9% |
| 2004 | 26.1% | -18.5% |
| 2005 | 23.8% | -8.8% |
| 2006 | 23.9% | +0.3% |
| 2007 | 24.0% | +0.4% |
| 2008 | 20.7% | -13.6% |
| 2009 | 24.8% | +19.7% |
| 2010 | 27.5% | +10.7% |
| 2011 | 27.7% | +0.9% |
| 2012 | 32.3% | +16.7% |
| 2013 | 34.5% | +6.7% |
| 2014 | 37.1% | +7.6% |
| 2015 | 41.1% | +10.6% |
| 2016 | 43.5% | +5.9% |
| 2017 | 44.0% | +1.2% |
| 2018 | 40.4% | -8.2% |
| 2019 | 43.5% | +7.7% |
| 2020 | 54.9% | +26.2% |
| 2021 | 46.9% | -14.6% |
| 2022 | 50.4% | +7.4% |
| 2023 | 48.9% | -2.9% |
| 2024 | 44.7% | -8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.7% | 19.8% | 53.1% | 10 |
| 1980s | 83.8% | 45.7% | 111.9% | 10 |
| 1990s | 65.0% | 50.7% | 85.4% | 10 |
| 2000s | 30.8% | 20.7% | 49.2% | 10 |
| 2010s | 37.2% | 27.5% | 44.0% | 10 |
| 2020s | 49.2% | 44.7% | 54.9% | 5 |
Countries ranked near Morocco
- 57 Dominican Republic 45.3% compare
- 58 Congo 44.9% compare
- 59 South Africa 44.8% compare
- 61 Togo 43.2% compare
- 62 Sao Tome and Principe 42.7% compare
- 63 Egypt 42.0% 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)
- Services, value added (constant LCU), per capita 19,835 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 2.1 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 12.49 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.881 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 4,181 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.79 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 8.24 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 39,091 current LCU per person (2025)
Frequently asked questions
- What is external debt stocks in Morocco?
- External debt stocks in Morocco was 44.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Morocco?
- The highest recorded value was 111.9% in 1985.
- What is the lowest external debt stocks recorded in Morocco?
- The lowest recorded value was 19.8% in 1974.
- How does Morocco rank for external debt stocks?
- Morocco ranks 60th out of 121 countries with data for 2024.
- Is external debt stocks rising or falling in Morocco?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is falling.
- Where does this Morocco data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.