Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0
Latest: Switzerland 14:30 SNB Chairman Thomas Jordan speaks Forecast: 0
Latest: Euro Area 10:00 EU Leaders Summit Forecast: 0
Latest: Kenya 14:00 GDP (QoQ) Forecast: 0 % Actual: -1.1%

Morocco Current Account Value and percent from GDP

Morocco Current Account Data

Indicator Data Period
Current Account to GDP -1.5 % 2020
Current Account -8958 MAD Million | -1.004 B USD 1Q/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 increased to 1.5 % in 2020. The maximum surplus was 2 % and deficit was -9.3 %
  • Data published Yearly by Office Des Changes.

Historical Data (%) by years

Data
Period
Date
-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
-7.6 2013 31.12.2013


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 8958 MAD Million (1.004 B USD) in the first 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
-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
-14511 4Q/19 04.04.2020
-6049 3Q/19 04.01.2020
-21013 2Q/19 29.10.2019


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
Current Account to GDP 2020 -1.5 % -4.6
Balance of Trade May/21 -1.985 B USD -1.97
Capital Flows 1Q/21 -0.986 B USD 0.69
Foreign Exchange Reserves May/21 34.132 B USD 34.085
Imports May/21 4.657 B USD 4.811
Tourist Arrivals 2020 7.25 Million Persons 12.932

Current Account to GDP in other countries

Country Updated Actual Previous
Egypt 2020 -3.1 % -3.6
Kenya 2020 -4.8 % -4.6
Madagascar 2020 -3.5 % -2.9
Zimbabwe 2020 -1.9 % 1.1
Tanzania 2019 -2.1 % -3.3
Togo 2020 -3.2 % -2.2
Tunisia 2020 -6.9 % -8.5
Nigeria 2020 -4.2 % -3.3
Sudan 2020 -12.6 % -15.1
Morocco 2020 -1.5 % -4.6
Senegal 2020 -10.3 % -7.9
Seychelles 2020 -27.4 % -16.5
South Africa 2020 2.2 % -3
Uganda 2019 -6.4 % -8.1
Rwanda 2019 -8.7 % -7.8
Liberia 2020 -17.8 % -21.4
Zambia 2019 1 % -1.3
Mozambique 2020 -30.8 % -19.9
Namibia 2020 1.9 % -1.7
Ghana 2020 -2.5 % -2.8
Swaziland 2020 7 % 4.3
Libya 2019 9.3 % 10.8
Algeria 2020 -10.8 % -10
Angola 2020 1.5 % 6.1
Benin 2020 -5.5 % -4
Botswana 2020 -11.2 % -7.6
Burkina Faso 2020 1.2 % -3.4
Burundi 2020 -19.1 % -17.8
Central African Republic 2020 -5.7 % -5
Chad 2020 -13.3 % -4.9
Comoros 2020 -3.3 % -3.2
Republic of the Congo 2019 8.2 % 6.7
Djibouti 2020 2.9 % 13
Equatorial Guinea 2020 -8.4 % -5.6
Eritrea 2020 10.1 % 12.1
Ethiopia 2020 -4.4 % -5.3
Gabon 2020 -9.5 % -0.3
Gambia 2020 -8.6 % -5.3
Guatemala 2020 5.5 % 2.3
Guinea 2020 -13.3 % -11.7
Guinea Bissau 2020 -8.6 % -8.9
Lesotho 2020 -2.7 % -4.1
Malawi 2020 -12.1 % -15.1
Mali 2020 -1.7 % -4.2
Mauritania 2020 -7 % -10.5
Niger 2020 -12 % -12.5
Sao Tome and Principe 2015 -24.7 % -31.7
Sierra Leone 2020 -15.6 % -13.5