Morocco Current Account Value and percent from GDP
Morocco Current Account Data
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -3.5 % | 2022 |
| Current Account | 481 MAD Million | 0.047 B USD | 1Q/23 |
Latest data on Current Account to GDP (%)
What is ratio of Morocco Current Account to GDP?
- The deficit of Current Account to GDP in Morocco decreased to 3.5 % in 2022. The maximum surplus was 2 % and deficit was -9.3 %
- Data published Yearly by Office Des Changes.
Historical Data (%) by years
Data
Period
Date
| -3.5 | 2022 | 12.04.2023 |
| -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 |
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)
What is Morocco Current Account Deficit?
- The deficit of Current Account in Morocco increased to 481 MAD Million (0.047 B USD) in the first quarter of 2023. 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
| 481 | 1Q/23 | 14.07.2023 |
| -1318 | 4Q/22 | 22.04.2023 |
| -49363 | 3Q/22 | 07.01.2023 |
| -27875 | 2Q/22 | 08.10.2022 |
| -16416 | 1Q/22 | 09.07.2022 |
| -4206 | 4Q/21 | 09.04.2022 |
| 3420 | 3Q/21 | 18.01.2022 |
| -20547 | 2Q/21 | 09.10.2021 |
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 | Jun/23 | -2.07 B USD | -2.544 |
| Capital Flows | 1Q/23 | 0.276 B USD | 1.788 |
| Exports | Jun/23 | 3.536 B USD | 3.754 |
| Foreign Exchange Reserves | Jul/23 | 33.219 B USD | 33.63 |
| Imports | Jun/23 | 5.606 B USD | 6.298 |
| Tourist Arrivals | 2021 | 3.722 Million Persons | 2.778 |
Current Account to GDP in other countries
| Country | Updated | Actual | Previous |
| Egypt | 2022 | -3.7 % | -4.6 |
| Kenya | 2022 | -6 % | -5.4 |
| Madagascar | 2021 | -5.8 % | -5.2 |
| Zimbabwe | 2022 | 1 % | 2.9 |
| Tanzania | 2022 | -7.1 % | -3.4 |
| Togo | 2022 | -3.7 % | -0.9 |
| Tunisia | 2022 | -8.6 % | -6 |
| Nigeria | 2022 | -0.3 % | -0.5 |
| Sudan | 2022 | -3.4 % | -10 |
| Morocco | 2022 | -3.5 % | -2.3 |
| Senegal | 2022 | -17.5 % | -10.4 |
| Seychelles | 2022 | -8 % | -12 |
| South Africa | 2022 | -0.5 % | 3.7 |
| Uganda | 2022 | -8.6 % | -9.5 |
| Rwanda | 2022 | -11.6 % | -10.9 |
| Liberia | 2022 | -15.8 % | -17 |
| Zambia | 2022 | 3.9 % | 11.9 |
| Mozambique | 2022 | -39.1 % | -23.6 |
| Namibia | 2022 | -12.3 % | -9.9 |
| Ghana | 2022 | -2.1 % | -3.2 |
| Swaziland | 2021 | 6 % | 1.2 |
| Libya | 2021 | 13.3 % | -9.4 |
| Algeria | 2022 | 9.5 % | -2.8 |
| Angola | 2022 | 11.4 % | 11.2 |
| Benin | 2022 | -5.7 % | -4.5 |
| Botswana | 2022 | 3.1 % | -0.5 |
| Burkina Faso | 2022 | -5.2 % | 5.2 |
| Burundi | 2022 | -13.4 % | -11 |
| Central African Republic | 2022 | -13.8 % | -10.8 |
| Chad | 2022 | 0.5 % | -3.9 |
| Comoros | 2022 | -3.2 % | 0.4 |
| Republic of the Congo | 2022 | 19.2 % | 11.9 |
| Djibouti | 2022 | -5 % | -0.7 |
| Equatorial Guinea | 2022 | 3.9 % | -4 |
| Eritrea | 2022 | 12.2 % | 13.5 |
| Ethiopia | 2022 | -4.3 % | -3.2 |
| Gabon | 2022 | 1.2 % | -5.3 |
| Gambia | 2021 | -5.3 % | -5.1 |
| Guatemala | 2022 | 1.8 % | 2.5 |
| Guinea | 2021 | 28.83 % | 18.94 |
| Guinea Bissau | 2021 | -1.1 % | -3.7 |
| Lesotho | 2021 | -3.8 % | -1.8 |
| Malawi | 2022 | -2.8 % | -14.4 |
| Mali | 2022 | -7.2 % | -7.7 |
| Mauritania | 2022 | -14.3 % | -7.8 |
| Niger | 2022 | -15.1 % | -13.9 |
| Sao Tome and Principe | 2015 | -24.7 % | -31.7 |
| Sierra Leone | 2022 | -10.3 % | -13.9 |
