Net lending (+) / net borrowing (-) (% of GDP) in Morocco
Morocco: Net lending (+) / net borrowing (-) (% of GDP) was -4.0% in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Morocco, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net lending (+) / net borrowing (-) in Morocco stood at -4.0%.
The figure is up 9.2% on the previous year and up 11.7% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Morocco peaked at 0.9% in 2015 and was at its lowest, -7.1%, in 2020.
Morocco ranks 107th of 156 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 lending (+) / net borrowing (-) (% of GDP) in Morocco, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | -2.1% | — |
| 1991 | -2.1% | -3.7% |
| 1992 | -1.1% | -45.6% |
| 1993 | -2.6% | +128.6% |
| 1994 | -3.2% | +24.2% |
| 1995 | -4.1% | +27.9% |
| 1997 | -0.5% | -87.1% |
| 1998 | -2.1% | +298.0% |
| 1999 | -2.0% | -6.1% |
| 2002 | -4.2% | +116.2% |
| 2003 | -3.6% | -14.3% |
| 2004 | -3.2% | -11.1% |
| 2005 | -5.3% | +65.3% |
| 2006 | -1.8% | -67.0% |
| 2007 | -0.1% | -93.5% |
| 2008 | 0.6% | -638.2% |
| 2009 | -1.6% | -363.1% |
| 2010 | -3.7% | +129.9% |
| 2011 | -6.1% | +63.2% |
| 2012 | -6.6% | +8.5% |
| 2013 | -4.7% | -28.8% |
| 2014 | -4.5% | -4.6% |
| 2015 | 0.9% | -119.7% |
| 2016 | -3.8% | -535.3% |
| 2017 | -3.1% | -18.5% |
| 2018 | -3.5% | +10.4% |
| 2019 | -3.7% | +5.8% |
| 2020 | -7.1% | +95.3% |
| 2021 | -6.0% | -16.4% |
| 2022 | -5.2% | -12.9% |
| 2023 | -4.4% | -16.4% |
| 2024 | -4.0% | -9.2% |
Morocco compared with similar countries
- Morocco's -4.0% is below the median for lower middle income countries, which is -3.0%, 1.3× the median. (36 countries reporting)
- Morocco's -4.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -3.7%, 1.1× the median. (14 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) (% 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 | +638.2% | -0.1% | 0.6% |
| 2016 | -535.3% | 0.9% | -3.8% |
| 2009 | -363.1% | 0.6% | -1.6% |
| 1998 | -298.0% | -0.5% | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.2% | -4.1% | -0.5% | 9 |
| 2000s | -2.4% | -5.3% | 0.6% | 8 |
| 2010s | -3.9% | -6.6% | 0.9% | 10 |
| 2020s | -5.3% | -7.1% | -4.0% | 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 lending (+) / net borrowing (-) in Morocco?
- Net lending (+) / net borrowing (-) in Morocco was -4.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Morocco?
- The highest recorded value was 0.9% in 2015.
- What is the lowest net lending (+) / net borrowing (-) recorded in Morocco?
- The lowest recorded value was -7.1% in 2020.
- How does Morocco rank for net lending (+) / net borrowing (-)?
- Morocco ranks 107th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Morocco?
- Over the last ten years it is up 11.7%. 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 lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.