Morocco recorded a Current Account deficit of 2.80 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Morocco averaged -3.65 percent of GDP from 1980 until 2023, 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 -1.80 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 -1.90 percent of GDP in 2026 and -2.20 percent of GDP in 2027, according to our econometric models.


Related Last Previous Unit Reference
Balance of Trade -10575.00 -14887.00 MAD Million Jan 2025
Capital Flows 1174.00 469.00 MAD Million Sep 2024
Current Account -7943.00 -13323.00 MAD Million Sep 2024
Current Account to GDP -2.80 -3.90 percent of GDP Dec 2023
Exports 52609.00 60322.00 MAD Million Jan 2025
Exports by Category
Exports by Country
Foreign Direct Investment 6234.00 4578.00 MAD Million Sep 2024
Gold Reserves 22.12 22.12 Tonnes Jun 2025
Imports 63184.00 75209.00 MAD Million Jan 2025
Imports by Category
Imports by Country
Terrorism Index 0.00 0.00 Points Dec 2024
Tourist Arrivals 15900000.00 14400000.00 Dec 2024



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
-2.80 -3.90 2.00 -9.30 1980 - 2023 percent of GDP Yearly