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Morocco Current Account Value and percent from GDP

Morocco Current Account Data

Indicator Data Period
Current Account to GDP -2.3 % 2021
Current Account -4206 MAD Million | -0.418 B USD 4Q/21


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Morocco - Historical Data (%)

What is ratio of Morocco Current Account to GDP?

  • The deficit of Current Account to GDP in Morocco decreased to 2.3 % in 2021. The maximum surplus was 2 % and deficit was -9.3 %
  • Data published Yearly by Office Des Changes.

Historical Data (%) by years

Data
Period
Date
-2.3 2021 22.03.2022
-1.5 2020 29.03.2021
-4.6 2019 21.02.2020
-5.5 2018 26.06.2019
-4 2017 14.03.2018
-4.2 2016 11.08.2017
-2.2 2015 31.12.2015
-5.7 2014 31.12.2014


Historical Chart by prime ministers (%)

Current Account to GDP in Morocco by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Saadeddine Othmani 06.04.2017 - -4.2000 -4.0000 -4.0000 -4.2000 -4.76%
Abdelilah Benkirane 03.01.2012 - 05.04.2017 -9.3000 -4.2000 -2.2000 -9.3000 -54.84%
Abbas El Fassi 19.09.2007 - 29.11.2011 -2.5000 -4.4000 -2.5000 -7.1000 76.00%
Driss Jettou 09.10.2002 - 19.09.2007 1.0000 -1.5000 1.0000 -1.5000 -250.00%
Abderrahmane Youssoufi 05.02.1998 - 09.10.2002 -2.2000 2.0000 2.0000 -3.7000 -190.91%
Abdellatif Filali 25.05.1994 - 05.02.1998 -3.4000 -2.0000 -1.5000 -4.8000 -41.18%


Latest data on Current Account (MAD Million)

Current Account
                     Morocco - Historical Data (MAD Million)

What is Morocco Current Account Deficit?

  • The surplus of Current Account in Morocco decreased to 4206 MAD Million (0.418 B USD) in the forth quarter of 2021. The maximum value was 11697 MAD Million and minimum was -28727 MAD Million.
  • Data published Quarterly by Office Des Changes.

Historical Data (MAD Million) by years

Data
Period
Date
-4206 4Q/21 09.04.2022
3420 3Q/21 18.01.2022
-20547 2Q/21 09.10.2021
-8958 1Q/21 03.07.2021
1171 4Q/20 03.04.2021
1510 3Q/20 09.01.2021
-8978 2Q/20 03.10.2020
-9838 1Q/20 04.07.2020


Historical Chart by prime ministers (MAD Million)

Current Account in Morocco by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Saadeddine Othmani 06.04.2017 - -14232.2000 -7159.0000 3328.6000 -24152.6000 -49.70%
Abdelilah Benkirane 03.01.2012 - 05.04.2017 -20602.3000 -14232.2000 4250.7000 -28726.7000 -30.92%
Abbas El Fassi 19.09.2007 - 29.11.2011 7265.8000 -6958.3000 7265.8000 -20013.2000 -195.77%
Driss Jettou 09.10.2002 - 19.09.2007 2645.7000 -4472.0000 10839.2000 -5422.2000 -269.03%
Abderrahmane Youssoufi 05.02.1998 - 09.10.2002 862.8000 11697.0000 11697.0000 -1079.4000 1255.70%

Other trade indicators in Morocco

Index Updated Actual Previous
Balance of Trade May/22 -2.65 B USD -2.61
Capital Flows 1Q/21 -0.894 B USD 0.612
Exports May/22 3.649 B USD 3.803
Foreign Exchange Reserves May/22 32.413 B USD 32.737
Imports May/22 6.299 B USD 6.413
Tourist Arrivals 2021 4 Million Persons 7.25

Current Account to GDP in other countries

Country Updated Actual Previous
Egypt 2021 -4.6 % -3.1
Kenya 2021 -5.4 % -4.8
Madagascar 2021 -5.5 % -3.5
Zimbabwe 2020 -1.9 % 1.1
Tanzania 2020 -1.5 % -2.4
Togo 2021 -5 % -3
Tunisia 2021 -6.3 % -6.1
Nigeria 2021 -2.8 % -4.2
Sudan 2021 -10 % -8.3
Morocco 2021 -2.3 % -1.5
Senegal 2021 -10.4 % -10.9
Seychelles 2020 -27.4 % -16.5
South Africa 2021 3.7 % 2
Uganda 2020 -9.8 % -7.4
Rwanda 2020 -10 % -14.4
Liberia 2020 -17.8 % -21.4
Zambia 2020 12.2 % 0.6
Mozambique 2020 -30.8 % -19.9
Namibia 2020 1.9 % -1.7
Ghana 2020 -2.5 % -2.8
Swaziland 2020 7 % 4.3
Libya 2020 -7.9 % 6.4
Algeria 2021 -7.8 % -12.9
Angola 2021 12.4 % 1.6
Benin 2021 -4.5 % -1.7
Botswana 2020 -11.2 % -7.6
Burkina Faso 2020 1.2 % -3.4
Burundi 2021 -15 % -9.4
Central African Republic 2021 -9.6 % -7.2
Chad 2021 -10.9 % -14.7
Comoros 2020 -3.3 % -3.2
Republic of the Congo 2021 15.5 % -0.2
Djibouti 2021 9.5 % 10.7
Equatorial Guinea 2020 -8.4 % -5.6
Eritrea 2021 13.5 % 11.4
Ethiopia 2020 -4.4 % -5.3
Gabon 2021 0.3 % -6.1
Gambia 2020 -8.6 % -5.3
Guatemala 2020 5.5 % 2.3
Guinea 2020 30.8 % 4
Guinea Bissau 2020 -8.6 % -8.9
Lesotho 2020 -2.1 % -3.4
Malawi 2021 -13.1 % -12.1
Mali 2021 -4.5 % -2.3
Mauritania 2020 -7 % -11
Niger 2021 -13.6 % -13.1
Sao Tome and Principe 2015 -24.7 % -31.7
Sierra Leone 2021 -13.9 % -16.7