Interest payments in Morocco
Morocco: Interest payments was 31.22 billion current LCU in 2023. ▲ Rising
Interest payments in Morocco, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, interest payments in Morocco stood at 31.22 billion current LCU. That is the highest value across all 31 years on record.
The figure is up 9.2% on the previous year and up 38.7% over ten years.
Over the whole period, interest payments in Morocco peaked at 31.22 billion current LCU in 2023 and was at its lowest, 9.90 billion current LCU, in 1990.
That places Morocco 75th out of 155 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Interest payments in Morocco, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 9.90 billion current LCU | — |
| 1991 | 12.27 billion current LCU | +23.9% |
| 1992 | 12.81 billion current LCU | +4.4% |
| 1993 | 14.85 billion current LCU | +15.9% |
| 1994 | 15.96 billion current LCU | +7.5% |
| 1995 | 16.57 billion current LCU | +3.8% |
| 1997 | 16.67 billion current LCU | +0.6% |
| 1998 | 16.68 billion current LCU | +0.1% |
| 1999 | 16.90 billion current LCU | +1.3% |
| 2002 | 17.22 billion current LCU | +1.9% |
| 2003 | 17.35 billion current LCU | +0.7% |
| 2004 | 17.59 billion current LCU | +1.4% |
| 2005 | 17.44 billion current LCU | -0.8% |
| 2006 | 18.57 billion current LCU | +6.5% |
| 2007 | 19.24 billion current LCU | +3.6% |
| 2008 | 18.23 billion current LCU | -5.2% |
| 2009 | 17.47 billion current LCU | -4.2% |
| 2010 | 17.57 billion current LCU | +0.5% |
| 2011 | 18.23 billion current LCU | +3.8% |
| 2012 | 20.10 billion current LCU | +10.2% |
| 2013 | 22.50 billion current LCU | +12.0% |
| 2014 | 24.78 billion current LCU | +10.1% |
| 2015 | 27.29 billion current LCU | +10.1% |
| 2016 | 27.10 billion current LCU | -0.7% |
| 2017 | 27.08 billion current LCU | -0.1% |
| 2018 | 27.28 billion current LCU | +0.8% |
| 2019 | 29.47 billion current LCU | +8.0% |
| 2020 | 28.78 billion current LCU | -2.3% |
| 2021 | 27.12 billion current LCU | -5.8% |
| 2022 | 28.60 billion current LCU | +5.5% |
| 2023 | 31.22 billion current LCU | +9.2% |
Morocco compared with similar countries
- Morocco's 31.22 billion current LCU is below the median for lower middle income countries, which is 39.26 billion current LCU, 80% of the median. (36 countries reporting)
- Morocco's 31.22 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.27 billion current LCU, 7.3× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.74 billion current LCU | 9.90 billion current LCU | 16.90 billion current LCU | 9 |
| 2000s | 17.89 billion current LCU | 17.22 billion current LCU | 19.24 billion current LCU | 8 |
| 2010s | 24.14 billion current LCU | 17.57 billion current LCU | 29.47 billion current LCU | 10 |
| 2020s | 28.93 billion current LCU | 27.12 billion current LCU | 31.22 billion current LCU | 4 |
Countries ranked near Morocco
More public sector data for Morocco
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Democracy 2 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
- Competitive elections 0 (2025)
- Universal right to vote 2 (2025)
Frequently asked questions
- What is interest payments in Morocco?
- Interest payments in Morocco was 31.22 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Morocco?
- The highest recorded value was 31.22 billion current LCU in 2023.
- What is the lowest interest payments recorded in Morocco?
- The lowest recorded value was 9.90 billion current LCU in 1990.
- How does Morocco rank for interest payments?
- Morocco ranks 75th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Morocco?
- Over the last ten years it is up 38.7%. The long-run trend across the full record is rising.
- Where does this Morocco data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.