Morocco recorded a Government Budget deficit equal to 3.70 percent of the country's Gross Domestic Product in 2018. source: Bank Al-Maghrib

Government Budget in Morocco averaged -2.37 percent of GDP from 1990 until 2018, reaching an all time high of 3.60 percent of GDP in 1999 and a record low of -7.20 percent of GDP in 2012. This page provides - Morocco Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Government Budget - values, historical data and charts - was last updated on November of 2020.

Government Budget in Morocco is expected to reach -7.40 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Government Budget is projected to trend around -5.80 percent of GDP in 2021 and -4.70 percent of GDP in 2022, according to our econometric models.

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Morocco Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.60 -3.70 3.60 -7.20 1990 - 2019 percent of GDP Yearly

Morocco Government Last Previous Highest Lowest Unit
Government Debt to GDP 66.10 65.20 117.71 21.66 percent [+]
Government Budget -3.60 -3.70 3.60 -7.20 percent of GDP [+]
Government Spending 222967.00 210014.00 222967.00 400.00 MAD Million [+]
Credit Rating 53.00 [+]
Military Expenditure 3465.00 3461.00 3651.00 104.00 USD Million [+]


Morocco Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.