Total debt service in Morocco
Morocco: Total debt service was 12.9% in 2024. ◆ Volatile
Total debt service in Morocco, 1975–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for total debt service in Morocco is 12.9%, measured in 2024.
Compared with earlier readings it is up 40.4% on the previous year and down 0.2% over ten years.
Over the whole period, total debt service in Morocco peaked at 58.4% in 1982 and was at its lowest, 8.5%, in 1975.
Morocco ranks 60th of 120 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.
Total debt service in Morocco, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1975 | 8.5% | — |
| 1976 | 13.5% | +59.0% |
| 1977 | 19.1% | +41.8% |
| 1978 | 30.9% | +61.9% |
| 1979 | 35.8% | +15.9% |
| 1980 | 44.2% | +23.4% |
| 1981 | 51.0% | +15.5% |
| 1982 | 58.4% | +14.5% |
| 1983 | 52.9% | -9.5% |
| 1984 | 35.9% | -32.1% |
| 1985 | 45.2% | +26.0% |
| 1986 | 51.0% | +12.8% |
| 1987 | 42.4% | -16.8% |
| 1988 | 32.4% | -23.7% |
| 1989 | 40.7% | +25.9% |
| 1990 | 28.4% | -30.2% |
| 1991 | 34.7% | +22.0% |
| 1992 | 52.5% | +51.4% |
| 1993 | 46.1% | -12.1% |
| 1994 | 46.8% | +1.4% |
| 1995 | 48.1% | +2.9% |
| 1996 | 40.4% | -15.9% |
| 1997 | 39.1% | -3.3% |
| 1998 | 34.2% | -12.6% |
| 1999 | 35.1% | +2.7% |
| 2000 | 29.7% | -15.4% |
| 2001 | 27.0% | -9.1% |
| 2002 | 34.1% | +26.2% |
| 2003 | 33.8% | -0.8% |
| 2004 | 20.0% | -40.8% |
| 2005 | 15.9% | -20.9% |
| 2006 | 16.9% | +6.7% |
| 2007 | 16.2% | -4.4% |
| 2008 | 13.3% | -17.6% |
| 2009 | 13.7% | +2.8% |
| 2010 | 11.9% | -13.5% |
| 2011 | 9.9% | -16.6% |
| 2012 | 11.0% | +11.0% |
| 2013 | 15.9% | +44.5% |
| 2014 | 12.9% | -18.4% |
| 2015 | 10.6% | -18.3% |
| 2016 | 11.1% | +4.8% |
| 2017 | 10.1% | -8.8% |
| 2018 | 9.3% | -8.1% |
| 2019 | 9.5% | +2.7% |
| 2020 | 13.8% | +45.2% |
| 2021 | 13.8% | -0.3% |
| 2022 | 10.1% | -26.7% |
| 2023 | 9.2% | -9.0% |
| 2024 | 12.9% | +40.4% |
Morocco compared with similar countries
- Morocco's 12.9% is below the median for lower middle income countries, which is 16.6%, 78% of the median. (43 countries reporting)
- Morocco's 12.9% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 13.7%, 94% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.6% | 8.5% | 35.8% | 5 |
| 1980s | 45.4% | 32.4% | 58.4% | 10 |
| 1990s | 40.5% | 28.4% | 52.5% | 10 |
| 2000s | 22.1% | 13.3% | 34.1% | 10 |
| 2010s | 11.2% | 9.3% | 15.9% | 10 |
| 2020s | 12.0% | 9.2% | 13.8% | 5 |
Countries ranked near Morocco
- 57 Congo 13.6% compare
- 58 Central African Republic 13.4% compare
- 59 Guinea-Bissau 13.3% compare
- 61 Cape Verde 12.6% compare
- 62 Nepal 12.4% compare
- 63 Tanzania 12.1% 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 total debt service in Morocco?
- Total debt service in Morocco was 12.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Morocco?
- The highest recorded value was 58.4% in 1982.
- What is the lowest total debt service recorded in Morocco?
- The lowest recorded value was 8.5% in 1975.
- How does Morocco rank for total debt service?
- Morocco ranks 60th out of 120 countries with data for 2024.
- Is total debt service rising or falling in Morocco?
- Over the last ten years it is down 0.2%. 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 Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.