Taxes on income, profits and capital gains in Morocco
Morocco: Taxes on income, profits and capital gains was 30.5% in 2023. ▲ Rising
Taxes on income, profits and capital gains in Morocco, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Morocco recorded 30.5% for taxes on income, profits and capital gains in 2023.
Compared with earlier readings it is down 5.7% on the previous year and up 0.9% over ten years.
Over the whole period, taxes on income, profits and capital gains in Morocco peaked at 35.9% in 2008 and was at its lowest, 20.8%, in 1994.
Morocco ranks 42nd of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Taxes on income, profits and capital gains in Morocco, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 25.4% | — |
| 1991 | 23.1% | -9.1% |
| 1992 | 25.3% | +9.6% |
| 1993 | 21.7% | -14.3% |
| 1994 | 20.8% | -4.1% |
| 1995 | 22.3% | +7.0% |
| 1997 | 24.0% | +7.9% |
| 1998 | 24.5% | +1.8% |
| 1999 | 26.3% | +7.7% |
| 2002 | 27.2% | +3.4% |
| 2003 | 30.0% | +10.3% |
| 2004 | 30.1% | +0.1% |
| 2005 | 30.8% | +2.4% |
| 2006 | 31.2% | +1.2% |
| 2007 | 31.9% | +2.3% |
| 2008 | 35.9% | +12.6% |
| 2009 | 32.6% | -9.0% |
| 2010 | 29.8% | -8.7% |
| 2011 | 30.7% | +3.0% |
| 2012 | 32.5% | +6.0% |
| 2013 | 30.3% | -7.0% |
| 2014 | 29.4% | -2.8% |
| 2015 | 30.3% | +3.0% |
| 2016 | 31.6% | +4.2% |
| 2017 | 32.9% | +4.0% |
| 2018 | 33.0% | +0.2% |
| 2019 | 32.9% | -0.0% |
| 2020 | 30.8% | -6.5% |
| 2021 | 30.1% | -2.3% |
| 2022 | 32.4% | +7.6% |
| 2023 | 30.5% | -5.7% |
Morocco compared with similar countries
- Morocco's 30.5% is above the median for lower middle income countries, which is 25.8%, 1.2× the median. (35 countries reporting)
- Morocco's 30.5% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 19.3%, 1.6× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.7% | 20.8% | 26.3% | 9 |
| 2000s | 31.2% | 27.2% | 35.9% | 8 |
| 2010s | 31.3% | 29.4% | 33.0% | 10 |
| 2020s | 31.0% | 30.1% | 32.4% | 4 |
Countries ranked near Morocco
More public sector data for Morocco
- Arms imports 23.00 million SIPRI trend indicator values (2024)
- 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)
- Military expenditure (current USD), per unit of GDP 0.0344 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.42 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 5.52 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,058 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Morocco?
- Taxes on income, profits and capital gains in Morocco was 30.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Morocco?
- The highest recorded value was 35.9% in 2008.
- What is the lowest taxes on income, profits and capital gains recorded in Morocco?
- The lowest recorded value was 20.8% in 1994.
- How does Morocco rank for taxes on income, profits and capital gains?
- Morocco ranks 42nd out of 153 countries with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in Morocco?
- Over the last ten years it is up 0.9%. 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 Taxes on income, profits and capital gains (% of revenue). 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
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.