Short-term debt in Morocco
Morocco: Short-term debt was 10.9% in 2024. ◆ Volatile
Short-term debt in Morocco, 1975–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Morocco recorded 10.9% for short-term debt in 2024.
Compared with earlier readings it is down 32.8% on the previous year and down 47.5% over ten years.
Over the whole period, short-term debt in Morocco peaked at 40.0% in 1983 and was at its lowest, 1.2%, in 2004.
Morocco ranks 68th of 119 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Morocco, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1975 | 8.0% | — |
| 1976 | 13.5% | +68.7% |
| 1977 | 30.2% | +123.9% |
| 1978 | 25.4% | -16.0% |
| 1979 | 27.1% | +6.9% |
| 1980 | 23.8% | -12.3% |
| 1981 | 26.0% | +9.3% |
| 1982 | 35.9% | +38.3% |
| 1983 | 40.0% | +11.4% |
| 1984 | 37.6% | -6.0% |
| 1985 | 38.0% | +1.1% |
| 1986 | 21.6% | -43.2% |
| 1987 | 20.7% | -4.3% |
| 1988 | 6.8% | -67.1% |
| 1989 | 5.6% | -18.4% |
| 1990 | 6.4% | +15.9% |
| 1991 | 4.7% | -26.6% |
| 1992 | 5.8% | +23.0% |
| 1993 | 5.0% | -13.9% |
| 1994 | 3.3% | -33.5% |
| 1995 | 2.5% | -23.9% |
| 1996 | 17.1% | +575.9% |
| 1997 | 26.9% | +57.1% |
| 1998 | 21.7% | -19.2% |
| 1999 | 22.5% | +3.5% |
| 2000 | 17.2% | -23.4% |
| 2001 | 17.1% | -0.9% |
| 2002 | 15.6% | -8.6% |
| 2003 | 9.9% | -36.9% |
| 2004 | 1.2% | -87.9% |
| 2005 | 3.9% | +231.2% |
| 2006 | 8.6% | +117.6% |
| 2007 | 7.7% | -10.3% |
| 2008 | 5.2% | -33.0% |
| 2009 | 8.9% | +71.9% |
| 2010 | 9.8% | +11.0% |
| 2011 | 11.8% | +19.4% |
| 2012 | 12.6% | +7.6% |
| 2013 | 16.2% | +27.9% |
| 2014 | 20.7% | +27.8% |
| 2015 | 20.3% | -1.7% |
| 2016 | 25.4% | +25.0% |
| 2017 | 18.7% | -26.5% |
| 2018 | 16.9% | -9.3% |
| 2019 | 19.5% | +15.0% |
| 2020 | 21.3% | +9.2% |
| 2021 | 18.9% | -11.0% |
| 2022 | 16.7% | -11.5% |
| 2023 | 16.1% | -3.5% |
| 2024 | 10.9% | -32.8% |
Morocco compared with similar countries
- Morocco's 10.9% is below the median for lower middle income countries, which is 13.3%, 82% of the median. (43 countries reporting)
- Morocco's 10.9% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 24.3%, 45% of the median. (12 countries reporting)
Biggest year-on-year movements
Years where Short-term debt 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 |
|---|---|---|---|
| 1996 | +575.9% | 2.5% | 17.1% |
| 2005 | +231.2% | 1.2% | 3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.8% | 8.0% | 30.2% | 5 |
| 1980s | 25.6% | 5.6% | 40.0% | 10 |
| 1990s | 11.6% | 2.5% | 26.9% | 10 |
| 2000s | 9.5% | 1.2% | 17.2% | 10 |
| 2010s | 17.2% | 9.8% | 25.4% | 10 |
| 2020s | 16.8% | 10.9% | 21.3% | 5 |
Countries ranked near Morocco
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 short-term debt in Morocco?
- Short-term debt in Morocco was 10.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Morocco?
- The highest recorded value was 40.0% in 1983.
- What is the lowest short-term debt recorded in Morocco?
- The lowest recorded value was 1.2% in 2004.
- How does Morocco rank for short-term debt?
- Morocco ranks 68th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Morocco?
- Over the last ten years it is down 47.5%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.