Morocco recorded a Current Account deficit of 4 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Morocco averaged -3.74 percent from 1980 until 2017, reaching an all time high of 2 percent in 2001 and a record low of -9.30 percent in 2012.

Current Account to GDP in Morocco is expected to be -4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Current Account to GDP is projected to trend around -4.20 percent in 2020, according to our econometric models.

Morocco Current Account to GDP
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Morocco Trade Last Previous Highest Lowest Unit
Balance of Trade -17041.00 -14734.00 -1254.60 -23012.00 MAD Million [+]
Exports 23537.00 21056.00 25549.00 4878.90 MAD Million [+]
Imports 40578.00 35790.00 43158.00 6424.40 MAD Million [+]
Current Account -20956.70 -11798.10 11697.00 -28726.70 MAD Million [+]
Current Account to GDP -4.00 -4.40 2.00 -9.30 percent [+]
Capital Flows -11144.50 -18679.30 26593.10 -22708.70 MAD Million [+]
Tourist Arrivals 11349347.00 10331731.00 11349347.00 4379990.00 [+]
Gold Reserves 22.10 22.00 22.10 21.94 Tonnes [+]
Terrorism Index 0.08 0.89 4.50 0.00 [+]
Crude Oil Production 0.16 0.16 0.40 0.08 BBL/D/1K [+]
Foreign Direct Investment 6425.00 4225.00 11995.00 -11002.20 MAD Million [+]
External Debt 484056.94 484056.94 491458.32 151986.36 MAD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Morocco Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Morocco Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-4.00 -4.40 2.00 -9.30 1980 - 2017 percent Yearly




Country Last Previous
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


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