Morocco Government Budget

Morocco recorded a Government Budget deficit equal to 5.40 percent of the countrys Gross Domestic Product in 2013. Government Budget in Morocco is reported by the Bank Al-Maghrib. From 1990 until 2013, Morocco Government Budget averaged -2.0 Percent of GDP reaching an all time high of 3.6 Percent of GDP in December of 1999 and a record low of -7.3 Percent of GDP in December of 2012. 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. This page provides - Morocco Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-5.40 -7.30 3.60 -7.30 -4.82 | 2014/06 1990 - 2013 Percent of GDP Yearly

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Morocco Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 61.70 2013-12-31 60.20 95.50 48.00 58.56 2013-12-31 Percent [+]
Government Budget -5.40 2013-12-31 -7.30 3.60 -7.30 -4.82 2014-06-30 Percent of GDP [+]
Government Spending 159118.00 2012-06-29 146332.00 159118.00 400.00 160167.71 2012-12-31 MAD Million [+]
Credit Rating 53.75 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Morocco Imports at 29948.00 MAD Million  
Imports in Morocco decreased to 29948 MAD Million in February of 2014 from 30410 MAD Million in January of 2014. Imports in Morocco is reported by the Office des Changes.
Morocco Current Account at -10082.40 MAD Million  
Morocco recorded a Current Account deficit of 10082.40 MAD Million in the fourth quarter of 2013. Current Account in Morocco is reported by the Bank al- Maghrib.
Morocco GDP Growth Rate at 2.50 Percent  
The Gross Domestic Product (GDP) in Morocco expanded 2.5 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Growth Rate in Morocco is reported by the Haut Commissariat au Plan.
Morocco GDP Annual Growth Rate at 2.50 Percent  
The Gross Domestic Product (GDP) in Morocco expanded 2.50 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Morocco is reported by the Haut Commissariat au Plan.
Morocco Government Spending at 159118.00 MAD Million  
Government Spending in Morocco increased to 159118 MAD Million in 2012 from 146332 MAD Million in 2011. Government Spending in Morocco is reported by the Haut-commissariat Au Plan.
Morocco Gross Fixed Capital Formation at 259680.00 MAD Million  
Gross Fixed Capital Formation in Morocco increased to 259680 MAD Million in 2012 from 246394 MAD Million in 2011. Gross Fixed Capital Formation in Morocco is reported by the Haut-commissariat Au Plan.
Morocco Producer Prices at 110.00 Index Points  
Producer Prices in Morocco decreased to 110 Index Points in February of 2014 from 110.40 Index Points in January of 2014. Producer Prices in Morocco is reported by the Haut-commissariat Au Plan.
Morocco Tourist Arrivals at 9375156.00  
Tourist Arrivals in Morocco increased to 9375156 in 2012 from 9342133 in 2011. Tourist Arrivals in Morocco is reported by the Ministry of Tourism, Morocco.
Morocco Unemployed Persons at 1116.00 Thousand  
The number of unemployed persons in Morocco increased to 1116 Thousand in the fourth quarter of 2013 from 1009 Thousand in the third quarter of 2013. Unemployed Persons in Morocco is reported by the Haut-commissariat Au Plan.
Morocco Balance of Trade at -15258.00 MAD Million  
Morocco recorded a trade deficit of 15258 MAD Million in February of 2014. Balance of Trade in Morocco is reported by the Office des Changes.
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