Short-term debt in Morocco
Morocco: Short-term debt was 20.2% in 2024. ◆ Volatile
Latest (2024)
20.2%
Change on year
down 27.7%
World rank
65th
of 111 countries
All-time high
427.0%
in 1984
All-time low
1.1%
in 2004
Years of data
55
1970–2024
Short-term debt in Morocco, 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Morocco stood at 20.2%.
The figure is down 27.7% on the previous year and down 46.1% over ten years.
Over the whole period, short-term debt in Morocco peaked at 427.0% in 1984 and was at its lowest, 1.1%, in 2004.
Morocco ranks 65th of 111 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 total reserves | Change |
|---|---|---|
| 1970 | 50.1% | — |
| 1971 | 46.9% | -6.3% |
| 1972 | 35.3% | -24.8% |
| 1973 | 31.9% | -9.7% |
| 1974 | 23.2% | -27.1% |
| 1975 | 37.0% | +59.4% |
| 1976 | 42.3% | +14.2% |
| 1977 | 92.7% | +119.3% |
| 1978 | 71.1% | -23.3% |
| 1979 | 80.1% | +12.7% |
| 1980 | 95.6% | +19.3% |
| 1981 | 157.2% | +64.5% |
| 1982 | 196.2% | +24.8% |
| 1983 | 312.7% | +59.3% |
| 1984 | 427.0% | +36.6% |
| 1985 | 348.2% | -18.4% |
| 1986 | 158.8% | -54.4% |
| 1987 | 115.2% | -27.4% |
| 1988 | 44.0% | -61.8% |
| 1989 | 36.1% | -17.9% |
| 1990 | 17.4% | -51.8% |
| 1991 | 8.9% | -48.8% |
| 1992 | 10.2% | +13.9% |
| 1993 | 8.0% | -21.0% |
| 1994 | 4.8% | -40.0% |
| 1995 | 5.1% | +6.2% |
| 1996 | 35.3% | +591.2% |
| 1997 | 51.5% | +45.7% |
| 1998 | 39.7% | -22.8% |
| 1999 | 34.4% | -13.4% |
| 2000 | 31.4% | -8.8% |
| 2001 | 19.5% | -37.9% |
| 2002 | 16.4% | -15.7% |
| 2003 | 8.9% | -46.0% |
| 2004 | 1.1% | -87.9% |
| 2005 | 4.1% | +283.7% |
| 2006 | 8.3% | +102.2% |
| 2007 | 7.8% | -6.8% |
| 2008 | 7.2% | -7.5% |
| 2009 | 9.4% | +30.6% |
| 2010 | 11.6% | +23.5% |
| 2011 | 19.0% | +64.2% |
| 2012 | 24.3% | +27.8% |
| 2013 | 28.5% | +17.1% |
| 2014 | 37.5% | +31.8% |
| 2015 | 30.2% | -19.6% |
| 2016 | 35.6% | +17.8% |
| 2017 | 28.3% | -20.4% |
| 2018 | 30.4% | +7.6% |
| 2019 | 32.9% | +8.2% |
| 2020 | 22.6% | -31.3% |
| 2021 | 25.5% | +12.5% |
| 2022 | 30.8% | +20.9% |
| 2023 | 28.0% | -9.2% |
| 2024 | 20.2% | -27.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 51.1% | 23.2% | 92.7% | 10 |
| 1980s | 189.1% | 36.1% | 427.0% | 10 |
| 1990s | 21.5% | 4.8% | 51.5% | 10 |
| 2000s | 11.4% | 1.1% | 31.4% | 10 |
| 2010s | 27.8% | 11.6% | 37.5% | 10 |
| 2020s | 25.4% | 20.2% | 30.8% | 5 |
Countries ranked near Morocco
- 62 Rwanda 20.8% compare
- 63 Turkmenistan 20.6% compare
- 64 Saint Vincent and the Grenadines 20.5% compare
- 66 Kenya 19.9% compare
- 67 Philippines 19.7% compare
- 68 Saint Lucia 19.6% 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)
- 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6922 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is short-term debt in Morocco?
- Short-term debt in Morocco was 20.2% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Morocco?
- The highest recorded value was 427.0% in 1984.
- What is the lowest short-term debt recorded in Morocco?
- The lowest recorded value was 1.1% in 2004.
- How does Morocco rank for short-term debt?
- Morocco ranks 65th out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Morocco?
- Over the last ten years it is down 46.1%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.