Interest payments in Morocco
Morocco: Interest payments was 7.9% in 2023. ▼ Falling
Interest payments in Morocco, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Morocco recorded 7.9% for interest payments in 2023.
Compared with earlier readings it is up 4.0% on the previous year and down 11.9% over ten years.
Over the whole period, interest payments in Morocco peaked at 25.2% in 1991 and was at its lowest, 7.6%, in 2011.
That places Morocco 66th out of 152 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Interest payments in Morocco, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 24.2% | — |
| 1991 | 25.2% | +4.3% |
| 1992 | 24.5% | -2.9% |
| 1993 | 23.9% | -2.2% |
| 1994 | 23.9% | -0.2% |
| 1995 | 22.2% | -7.2% |
| 1997 | 21.1% | -4.8% |
| 1998 | 19.6% | -7.1% |
| 1999 | 18.9% | -3.4% |
| 2002 | 15.0% | -20.6% |
| 2003 | 15.0% | -0.2% |
| 2004 | 14.0% | -6.5% |
| 2005 | 11.2% | -20.0% |
| 2006 | 12.1% | +8.0% |
| 2007 | 11.6% | -4.5% |
| 2008 | 9.5% | -18.2% |
| 2009 | 8.9% | -5.5% |
| 2010 | 8.3% | -7.5% |
| 2011 | 7.6% | -8.5% |
| 2012 | 8.0% | +5.2% |
| 2013 | 9.0% | +13.1% |
| 2014 | 9.7% | +8.2% |
| 2015 | 11.0% | +12.7% |
| 2016 | 10.9% | -0.9% |
| 2017 | 10.4% | -4.5% |
| 2018 | 10.0% | -3.9% |
| 2019 | 10.2% | +1.8% |
| 2020 | 9.2% | -9.7% |
| 2021 | 8.3% | -9.7% |
| 2022 | 7.6% | -8.1% |
| 2023 | 7.9% | +4.0% |
Morocco compared with similar countries
- Morocco's 7.9% is below the median for lower middle income countries, which is 10.0%, 80% of the median. (36 countries reporting)
- Morocco's 7.9% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.3%, 1.9× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.6% | 18.9% | 25.2% | 9 |
| 2000s | 12.2% | 8.9% | 15.0% | 8 |
| 2010s | 9.5% | 7.6% | 11.0% | 10 |
| 2020s | 8.3% | 7.6% | 9.2% | 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 7.9% 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 25.2% in 1991.
- What is the lowest interest payments recorded in Morocco?
- The lowest recorded value was 7.6% in 2011.
- How does Morocco rank for interest payments?
- Morocco ranks 66th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Morocco?
- Over the last ten years it is down 11.9%. The long-run trend across the full record is falling.
- 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 (% of expense). Statizoid updates them automatically from the source API.
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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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.