Net incurrence of liabilities, total (% of GDP) in Morocco
Morocco: Net incurrence of liabilities, total (% of GDP) was 4.2% in 2024. ◆ Volatile
Net incurrence of liabilities, total in Morocco, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Morocco is 4.2%, measured in 2024.
Compared with earlier readings it is down 22.0% on the previous year and down 31.5% over ten years.
Over the whole period, net incurrence of liabilities, total in Morocco peaked at 8.2% in 2020 and was at its lowest, -0.5%, in 2008.
Morocco ranks 54th of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (% of GDP) in Morocco, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 2.5% | — |
| 1991 | 2.1% | -15.9% |
| 1992 | 1.9% | -8.0% |
| 1994 | 3.4% | +80.7% |
| 1995 | 4.2% | +20.7% |
| 1997 | -0.4% | -108.6% |
| 1998 | 0.0% | -109.5% |
| 1999 | 0.7% | +1894.4% |
| 2002 | 0.6% | -8.1% |
| 2003 | 1.9% | +212.8% |
| 2004 | 0.8% | -57.1% |
| 2005 | 3.4% | +314.6% |
| 2006 | 0.9% | -75.2% |
| 2007 | -0.0% | -102.0% |
| 2008 | -0.5% | +3048.5% |
| 2009 | 1.8% | -433.6% |
| 2010 | 3.7% | +106.1% |
| 2011 | 6.1% | +63.0% |
| 2017 | 3.1% | -49.7% |
| 2018 | 3.4% | +11.3% |
| 2019 | 3.3% | -3.2% |
| 2020 | 8.2% | +149.4% |
| 2021 | 5.0% | -39.8% |
| 2022 | 4.4% | -11.9% |
| 2023 | 5.3% | +22.1% |
| 2024 | 4.2% | -22.0% |
Morocco compared with similar countries
- Morocco's 4.2% is above the median for lower middle income countries, which is 2.9%, 1.4× the median. (34 countries reporting)
- Morocco's 4.2% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.1%, 1.3× the median. (13 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (% of GDP) in Morocco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -3048.5% | -0.0% | -0.5% |
| 1999 | +1894.4% | 0.0% | 0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.8% | -0.4% | 4.2% | 8 |
| 2000s | 1.1% | -0.5% | 3.4% | 8 |
| 2010s | 3.9% | 3.1% | 6.1% | 5 |
| 2020s | 5.4% | 4.2% | 8.2% | 5 |
Countries ranked near Morocco
More public sector data for Morocco
- Democracy, annual growth rate 0 % change on previous year (2025)
- Elected parliament, 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)
- Arms imports 392.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.604 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -95.13 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 23.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 144.9 current USD per person (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Morocco?
- Net incurrence of liabilities, total in Morocco was 4.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Morocco?
- The highest recorded value was 8.2% in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Morocco?
- The lowest recorded value was -0.5% in 2008.
- How does Morocco rank for net incurrence of liabilities, total?
- Morocco ranks 54th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Morocco?
- Over the last ten years it is down 31.5%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.