Taxes on income, profits and capital gains in Morocco
Morocco: Taxes on income, profits and capital gains was 38.8% 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 total taxes.
Analysis
In 2023, taxes on income, profits and capital gains in Morocco stood at 38.8%.
Compared with earlier readings it is down 2.0% on the previous year and up 2.8% over ten years.
Over the whole period, taxes on income, profits and capital gains in Morocco peaked at 42.3% in 2008 and was at its lowest, 24.2%, in 1994.
That places Morocco 69th out of 153 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.
Taxes on income, profits and capital gains in Morocco, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1990 | 28.6% | — |
| 1991 | 25.7% | -10.1% |
| 1992 | 27.9% | +8.7% |
| 1993 | 25.5% | -8.7% |
| 1994 | 24.2% | -5.0% |
| 1995 | 26.0% | +7.1% |
| 1997 | 27.3% | +5.3% |
| 1998 | 27.7% | +1.2% |
| 1999 | 30.4% | +9.8% |
| 2002 | 33.1% | +9.1% |
| 2003 | 35.2% | +6.3% |
| 2004 | 36.3% | +3.0% |
| 2005 | 36.8% | +1.5% |
| 2006 | 38.0% | +3.2% |
| 2007 | 38.0% | -0.1% |
| 2008 | 42.3% | +11.5% |
| 2009 | 39.9% | -5.8% |
| 2010 | 35.0% | -12.2% |
| 2011 | 35.8% | +2.4% |
| 2012 | 38.2% | +6.5% |
| 2013 | 37.7% | -1.2% |
| 2014 | 37.5% | -0.7% |
| 2015 | 37.7% | +0.6% |
| 2016 | 38.4% | +2.0% |
| 2017 | 39.8% | +3.5% |
| 2018 | 39.4% | -1.0% |
| 2019 | 39.6% | +0.6% |
| 2020 | 41.5% | +4.8% |
| 2021 | 37.2% | -10.4% |
| 2022 | 39.5% | +6.3% |
| 2023 | 38.8% | -2.0% |
Morocco compared with similar countries
- Morocco's 38.8% is above the median for lower middle income countries, which is 35.7%, 1.1× the median. (35 countries reporting)
- Morocco's 38.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 38.8%, 1.0× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.0% | 24.2% | 30.4% | 9 |
| 2000s | 37.5% | 33.1% | 42.3% | 8 |
| 2010s | 37.9% | 35.0% | 39.8% | 10 |
| 2020s | 39.3% | 37.2% | 41.5% | 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 38.8% 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 42.3% in 2008.
- What is the lowest taxes on income, profits and capital gains recorded in Morocco?
- The lowest recorded value was 24.2% in 1994.
- How does Morocco rank for taxes on income, profits and capital gains?
- Morocco ranks 69th 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 2.8%. 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 total taxes). Statizoid updates them automatically from the source API.
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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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.