Morocco recorded a Government Budget deficit equal to 3.70 percent of the country's Gross Domestic Product in 2018. 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.

Government Budget in Morocco is expected to be -3.40 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Government Budget is projected to trend around -3.50 percent of GDP in 2020, according to our econometric models.


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Morocco Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.70 -3.50 3.60 -7.20 1990 - 2018 percent of GDP Yearly


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.

Morocco Government Last Previous Highest Lowest Unit
Government Debt to GDP 65.20 65.10 117.71 21.66 percent [+]
Government Budget -3.70 -3.50 3.60 -7.20 percent of GDP [+]
Government Spending 210014.00 201198.00 210014.00 400.00 MAD Million [+]
Military Expenditure 3465.00 3461.00 3651.00 104.00 USD Million [+]
Credit Rating 53.00 [+]