Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Morocco Current Account Value and percent from GDP

Morocco Current Account Data

Indicator Data Period
Current Account to GDP -2.3 % 2021
Current Account -49363 MAD Million | -4.844 B USD 3Q/22


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 deficit of Current Account in Morocco decreased to 49363 MAD Million (4.844 B USD) in the third quarter of 2022. 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
-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
-8958 1Q/21 03.07.2021
1171 4Q/20 03.04.2021


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 Nov/22 -2.594 B USD -2.66
Capital Flows 1Q/21 -0.882 B USD 0.604
Exports Nov/22 3.366 B USD 3.498
Foreign Exchange Reserves Nov/22 33.804 B USD 33.319
Imports Nov/22 5.96 B USD 6.158
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 2021 -1.89 % -1.91
Tanzania 2021 -3.4 % -2.2
Togo 2021 -5 % -3
Tunisia 2021 -6 % -6
Nigeria 2021 -0.5 % -3.9
Sudan 2021 -10 % -8.3
Morocco 2021 -2.3 % -1.5
Senegal 2021 -10.4 % -10.9
Seychelles 2021 -20 % -22
South Africa 2021 3.7 % 2
Uganda 2020 -10.7 % -7
Rwanda 2021 -10.9 % -12.1
Liberia 2021 -17.4 % -16.1
Zambia 2021 11.1 % 12.2
Mozambique 2021 -23.8 % -30.4
Namibia 2021 -9.1 % 2.8
Ghana 2021 -2.1 % -3.1
Swaziland 2021 6 % 1.2
Libya 2021 21.6 % -20.7
Algeria 2021 -2.8 % -12.9
Angola 2021 12.4 % 1.6
Benin 2021 -4.5 % -1.7
Botswana 2021 -0.5 % -10.8
Burkina Faso 2021 5.2 % 3.8
Burundi 2021 -15 % -9.4
Central African Republic 2021 -9.6 % -7.2
Chad 2021 -3.9 % -8.1
Comoros 2021 0.5 % -1.8
Republic of the Congo 2021 15.5 % -0.2
Djibouti 2021 -0.7 % 11.3
Equatorial Guinea 2021 -3.4 % -4.2
Eritrea 2021 13.5 % 11.4
Ethiopia 2021 -3.2 % -4.6
Gabon 2021 -5.7 % -6.9
Gambia 2021 -4.5 % -5.1
Guatemala 2021 2.5 % 4.9
Guinea 2021 29.3 % 18.9
Guinea Bissau 2021 -6.9 % -3.7
Lesotho 2021 -3.8 % -1.8
Malawi 2021 -13.1 % -12.1
Mali 2021 -4.5 % -2.3
Mauritania 2021 -7.6 % -7.6
Niger 2021 -13.6 % -13.1
Sao Tome and Principe 2015 -24.7 % -31.7
Sierra Leone 2021 -13.9 % -16.7