Morocco Current Account to GDP 1980-2015 | 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.

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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. Content for - Morocco Current Account to GDP - was last refreshed on Tuesday, June 30, 2015.

Morocco Trade Last Previous Highest Lowest Unit
Balance of Trade -14595.00 -15720.00 -1254.60 -22921.00 MAD Million [+]
Exports 18495.00 18493.00 18600.80 69.00 MAD Million [+]
Imports 33090.00 33012.00 38459.00 6424.40 MAD Million [+]
Current Account 15381.20 -12175.10 15381.20 -28726.70 MAD Million [+]
Current Account to GDP -6.00 -7.60 4.30 -10.00 percent [+]
Tourist Arrivals 10046264.00 10046264.00 10046264.00 4379990.00 [+]
Gold Reserves 22.05 22.05 22.05 21.94 Tonnes [+]
Crude Oil Production 0.10 0.10 0.50 0.08 BBL/D/1K [+]
External Debt 398434.95 400324.95 400324.95 151986.36 MAD Million [+]
Foreign Direct Investment 12205.50 7087.20 12205.50 -11002.20 MAD Million [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.10 Dec/14 2.00 10.10 -3.70 percent [+]
Euro Area 2.10 Dec/14 1.90 2.10 -1.60 percent [+]
France -1.00 Dec/14 -1.40 3.40 -2.10 percent [+]
Germany 7.60 Dec/14 6.50 7.60 -1.70 percent [+]
India -1.40 Dec/14 -1.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.90 Dec/14 0.90 2.90 -3.70 percent [+]
Japan 0.50 Dec/14 0.70 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.30 Dec/14 11.00 11.00 -1.00 percent [+]
Russia 3.09 Dec/14 1.64 18.00 -1.40 percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 percent [+]
Spain 0.80 Dec/14 1.40 1.50 -9.60 percent [+]
Switzerland 7.00 Dec/14 12.70 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]