External borrowing, net in Morocco
Morocco: External borrowing, net was 12.03 billion current LCU in 2011. ◆ Volatile
External borrowing, net in Morocco, 1970–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for external borrowing, net in Morocco is 12.03 billion current LCU, measured in 2011.
Compared with earlier readings it is down 23.9% on the previous year and up 222.0% over ten years.
Over the whole period, external borrowing, net in Morocco peaked at 15.79 billion current LCU in 2010 and was at its lowest, -12.50 billion current LCU, in 2002.
Morocco ranks 22nd of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Morocco, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 277.00 million current LCU | — |
| 1971 | 321.00 million current LCU | +15.9% |
| 1972 | 320.00 million current LCU | -0.3% |
| 1973 | 7.00 million current LCU | -97.8% |
| 1974 | 179.00 million current LCU | +2457.1% |
| 1975 | 889.00 million current LCU | +396.6% |
| 1976 | 2.60 billion current LCU | +192.4% |
| 1977 | 3.56 billion current LCU | +36.9% |
| 1978 | 2.29 billion current LCU | -35.7% |
| 1979 | 2.38 billion current LCU | +3.9% |
| 1980 | 3.58 billion current LCU | +50.5% |
| 1981 | 5.62 billion current LCU | +57.1% |
| 1982 | 6.25 billion current LCU | +11.2% |
| 1983 | -249.00 million current LCU | -104.0% |
| 1989 | -3.97 billion current LCU | +1495.6% |
| 1990 | 3.27 billion current LCU | -182.4% |
| 1991 | 1.37 billion current LCU | -58.1% |
| 1992 | -458.00 million current LCU | -133.4% |
| 1993 | -1.80 billion current LCU | +292.8% |
| 1994 | -5.04 billion current LCU | +180.4% |
| 1995 | -2.38 billion current LCU | -52.8% |
| 1996 | -4.63 billion current LCU | +94.5% |
| 1997 | -6.18 billion current LCU | +33.5% |
| 1998 | -5.71 billion current LCU | -7.7% |
| 1999 | -7.03 billion current LCU | +23.1% |
| 2000 | -6.32 billion current LCU | -10.0% |
| 2001 | -9.86 billion current LCU | +56.1% |
| 2002 | -12.50 billion current LCU | +26.8% |
| 2003 | -9.17 billion current LCU | -26.6% |
| 2004 | -7.72 billion current LCU | -15.8% |
| 2005 | -3.26 billion current LCU | -57.8% |
| 2006 | -2.70 billion current LCU | -17.1% |
| 2007 | 1.24 billion current LCU | -145.9% |
| 2008 | 2.01 billion current LCU | +62.4% |
| 2009 | 10.10 billion current LCU | +401.5% |
| 2010 | 15.79 billion current LCU | +56.4% |
| 2011 | 12.03 billion current LCU | -23.9% |
Morocco compared with similar countries
- Morocco's 12.03 billion current LCU is above the median for lower middle income countries, which is 3.27 billion current LCU, 3.7× the median. (24 countries reporting)
- Morocco's 12.03 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.64 billion current LCU, 3.3× the median. (5 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net in Morocco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +2457.1% | 7.00 million current LCU | 179.00 million current LCU |
| 1989 | -1495.6% | -249.00 million current LCU | -3.97 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.28 billion current LCU | 7.00 million current LCU | 3.56 billion current LCU | 10 |
| 1980s | 2.24 billion current LCU | -3.97 billion current LCU | 6.25 billion current LCU | 5 |
| 1990s | -2.86 billion current LCU | -7.03 billion current LCU | 3.27 billion current LCU | 10 |
| 2000s | -3.82 billion current LCU | -12.50 billion current LCU | 10.10 billion current LCU | 10 |
| 2010s | 13.91 billion current LCU | 12.03 billion current LCU | 15.79 billion current LCU | 2 |
Countries ranked near Morocco
- 19 Togo 21.61 billion current LCU compare
- 20 Democratic Republic of Congo 14.27 billion current LCU compare
- 21 Malawi 13.98 billion current LCU compare
- 23 Cote d'Ivoire 11.20 billion current LCU compare
- 24 Guinea-Bissau 9.40 billion current LCU compare
- 25 Ethiopia 7.95 billion current LCU compare
More science & technology data for Morocco
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 153.06 (2024)
- Mobile cellular subscriptions by country, per capita 1.53 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0004 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 58.29 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 125.19 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 3.31 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 4.32 % change on previous year (2024)
- Scientific and technical journal articles 9,725 (2023)
- Scientific and technical journal articles, per capita 0.0003 units per person (2023)
Frequently asked questions
- What is external borrowing, net in Morocco?
- External borrowing, net in Morocco was 12.03 billion current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Morocco?
- The highest recorded value was 15.79 billion current LCU in 2010.
- What is the lowest external borrowing, net recorded in Morocco?
- The lowest recorded value was -12.50 billion current LCU in 2002.
- How does Morocco rank for external borrowing, net?
- Morocco ranks 22nd out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Morocco?
- Over the last ten years it is up 222.0%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
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About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.