Morocco Current Account to GDP 1980-2014 | Data | Chart | Calendar

Morocco recorded a Current Account deficit of 7.20 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Morocco averaged -2.95 Percent from 1980 until 2013, reaching an all time high of 4.30 Percent in 2001 and a record low of -10 Percent in 2012. Current Account to GDP in Morocco is reported by the Bank al- Maghrib.

   
 
 

Morocco Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-7.20 -10.00 4.30 -10.00 1980 - 2013 Percent Yearly
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. Content for - Morocco Current Account to GDP - was last refreshed on Thursday, October 30, 2014.

Morocco Trade Last Previous Highest Lowest Unit
Balance of Trade -16732.00 -14554.00 -1254.60 -22921.00 MAD Million [+]
Exports 17082.00 18377.00 18600.80 69.00 MAD Million [+]
Imports 29641.00 33814.00 38459.00 6424.40 MAD Million [+]
Current Account -13269.10 -19666.40 11697.00 -28726.70 MAD Million [+]
Current Account to GDP -7.20 -10.00 4.30 -10.00 Percent [+]
Tourist Arrivals 10046264.00 9375156.00 10046264.00 4379990.00 [+]
Gold Reserves 22.05 22.05 22.05 21.94 Tonnes [+]