Government Budget in Morocco decreased to -4.10 percent of GDP in 2020 from -3.60 percent of GDP in 2019. source: Bank Al-Maghrib

Government Budget in Morocco averaged -2.47 percent of GDP from 1990 until 2020, reaching an all time high of 3.60 percent of GDP in 1999 and a record low of -7.20 percent of GDP in 2012. This page provides - Morocco Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Government Budget - values, historical data and charts - was last updated on September of 2021.

Government Budget in Morocco is expected to reach -7.20 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Government Budget is projected to trend around -6.70 percent of GDP in 2022 and -5.40 percent of GDP in 2023, according to our econometric models.

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Morocco Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-7.60 -3.60 3.60 -7.60 1990 - 2020 percent of GDP Yearly

Morocco Government Last Previous Highest Lowest Unit
Government Debt to GDP 77.40 66.10 117.71 21.66 percent of GDP [+]
Government Budget -7.60 -3.60 3.60 -7.60 percent of GDP [+]
Government Spending 227440.00 222967.00 227440.00 400.00 MAD Million [+]
Credit Rating 51.00 [+]
Military Expenditure 4794.00 3721.00 4794.00 109.00 USD Million [+]

Morocco Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.