Morocco recorded a Current Account deficit of 1.60 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Morocco averaged -3.60 percent of GDP from 1980 until 2024, reaching an all time high of 2.00 percent of GDP in 2001 and a record low of -9.30 percent of GDP in 2012. source: Bank Al-Maghrib

Current Account to GDP in Morocco is expected to reach -2.30 percent of GDP by the end of 2025, 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 -2.00 percent of GDP in 2026 and -1.90 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -24340.00 -31856.00 MAD Million Dec 2025
Capital Flows 9552.00 -8142.00 MAD Million Sep 2025
Current Account -8032.00 -18580.00 MAD Million Sep 2025
Current Account to GDP -1.60 -2.80 percent of GDP Dec 2024
Exports 45534.00 38336.00 MAD Million Dec 2025
Exports by Category
Exports by Country
Foreign Direct Investment 2168.00 11225.00 MAD Million Sep 2025
Gold Reserves 22.12 22.12 Tonnes Sep 2025
Imports 69874.00 70192.00 MAD Million Dec 2025
Imports by Category
Imports by Country
Terrorism Index 0.00 0.00 Points Dec 2024
Tourist Arrivals 19800000.00 17411949.00 Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -2.80 2.00 -9.30 1980 - 2024 percent of GDP Yearly