Morocco recorded a Current Account deficit of 6048.60 MAD Million in the third quarter of 2019. Current Account in Morocco averaged -6552.13 MAD Million from 2001 until 2019, reaching an all time high of 11697 MAD Million in the third quarter of 2002 and a record low of -28726.70 MAD Million in the second quarter of 2012. source: Office des Changes, Marocco

Current Account in Morocco is expected to be -6400.00 MAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Morocco to stand at -6800.00 in 12 months time. In the long-term, the Morocco Current Account is projected to trend around -10011.44 MAD Million in 2020, according to our econometric models.

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Morocco Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-6048.60 -21012.70 11697.00 -28726.70 2001 - 2019 MAD Million Quarterly


Morocco Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Morocco Trade Last Previous Highest Lowest Unit
Balance of Trade -15904.00 -17826.00 -1254.60 -23012.00 MAD Million [+]
Current Account -6048.60 -21012.70 11697.00 -28726.70 MAD Million [+]
Current Account to GDP -5.50 -3.60 2.00 -9.30 percent [+]
Imports 39084.00 42473.00 45130.00 6424.40 MAD Million [+]
Exports 23180.00 24647.00 27273.00 4878.90 MAD Million [+]
Capital Flows -684.60 -16046.30 26593.10 -22708.70 MAD Million [+]
Tourist Arrivals 12280000.00 11349347.00 12280000.00 4379990.00 [+]
Gold Reserves 22.12 22.12 22.12 21.94 Tonnes [+]
Terrorism Index 1.22 0.04 4.50 0.00 [+]
Foreign Direct Investment 4403.00 3581.00 14540.00 -11002.20 MAD Million [+]
External Debt 511720.67 512559.92 512559.92 151986.36 MAD Million [+]
Crude Oil Production 0.16 0.16 0.40 0.08 BBL/D/1K [+]