Morocco Current Account to GDP  1980-2016 | Data | Chart | Calendar

Morocco recorded a Current Account deficit of 6 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Morocco averaged -3.05 percent from 1980 until 2014, 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
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Actual Previous Highest Lowest Dates Unit Frequency
-6.00 -7.60 4.30 -10.00 1980 - 2014 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. Morocco Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Morocco Trade Last Previous Highest Lowest Unit
Balance of Trade -9053.00 -9370.00 -1254.60 -22921.00 MAD Million [+]
Exports 17095.00 17492.00 19376.00 69.00 MAD Million [+]
Imports 30456.00 29566.00 38459.00 6424.40 MAD Million [+]
Current Account -4584.50 15381.20 15381.20 -28726.70 MAD Million [+]
Current Account to GDP -6.00 -7.60 4.30 -10.00 percent [+]
Capital Flows -5538.20 -22579.60 26593.10 -22579.60 MAD Million [+]
Tourist Arrivals 10282944.00 10046264.00 10282944.00 4379990.00 [+]
Gold Reserves 22.05 22.05 22.05 21.94 Tonnes [+]
Terrorism Index 1.45 2.09 4.50 0.00 [+]
Crude Oil Production 0.20 0.20 0.50 0.08 BBL/D/1K [+]
Foreign Direct Investment 10286.00 6614.00 12205.50 -11002.20 MAD Million [+]
External Debt 425401.32 417874.46 425401.32 151986.36 MAD Million [+]




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