Primary balance, excluding interest in Morocco
Morocco: Primary balance, excluding interest was -18.93 billion current LCU in 2011. ◆ Volatile
Latest (2011)
-18.93 billion current LCU
Change on year
down 7.3%
World rank
33rd
of 50 countries
All-time high
21.30 billion current LCU
in 2008
All-time low
-18.93 billion current LCU
in 2011
Years of data
42
1970–2011
Primary balance, excluding interest in Morocco, 1970–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for primary balance, excluding interest in Morocco is -18.93 billion current LCU, measured in 2011. That is the lowest value across all 42 years on record.
That represents a change of down 7.3% on the previous year and down 402.9% over ten years.
Over the whole period, primary balance, excluding interest in Morocco peaked at 21.30 billion current LCU in 2008 and was at its lowest, -18.93 billion current LCU, in 2011.
That places Morocco 33rd out of 50 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary balance, excluding interest in Morocco, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 2.29 billion current LCU | — |
| 1971 | 2.45 billion current LCU | +6.7% |
| 1972 | 2.42 billion current LCU | -1.3% |
| 1973 | 3.11 billion current LCU | +28.7% |
| 1974 | 5.16 billion current LCU | +65.9% |
| 1975 | 4.04 billion current LCU | -21.7% |
| 1976 | 573.00 million current LCU | -85.8% |
| 1977 | 1.36 billion current LCU | +137.9% |
| 1978 | 5.06 billion current LCU | +271.5% |
| 1979 | 5.80 billion current LCU | +14.6% |
| 1980 | 4.76 billion current LCU | -18.0% |
| 1981 | 4.16 billion current LCU | -12.6% |
| 1982 | 5.64 billion current LCU | +35.6% |
| 1983 | 6.92 billion current LCU | +22.8% |
| 1984 | 9.13 billion current LCU | +31.8% |
| 1985 | 11.44 billion current LCU | +25.3% |
| 1986 | 11.93 billion current LCU | +4.3% |
| 1987 | 15.46 billion current LCU | +29.6% |
| 1988 | 19.94 billion current LCU | +29.0% |
| 1989 | 15.76 billion current LCU | -21.0% |
| 1990 | 5.67 billion current LCU | -64.0% |
| 1991 | 5.79 billion current LCU | +2.0% |
| 1992 | 7.99 billion current LCU | +38.0% |
| 1993 | 8.71 billion current LCU | +8.9% |
| 1994 | 6.64 billion current LCU | -23.7% |
| 1995 | 5.89 billion current LCU | -11.3% |
| 1996 | 13.90 billion current LCU | +136.0% |
| 1997 | 7.43 billion current LCU | -46.5% |
| 1998 | 8.43 billion current LCU | +13.4% |
| 1999 | 16.47 billion current LCU | +95.3% |
| 2000 | -2.15 billion current LCU | -113.1% |
| 2001 | 6.25 billion current LCU | -390.0% |
| 2002 | -88.57 million current LCU | -101.4% |
| 2003 | 1.57 billion current LCU | -1870.3% |
| 2004 | 1.25 billion current LCU | -20.6% |
| 2005 | -5.79 billion current LCU | -565.1% |
| 2006 | 7.35 billion current LCU | -227.0% |
| 2007 | 20.25 billion current LCU | +175.5% |
| 2008 | 21.30 billion current LCU | +5.2% |
| 2009 | 1.54 billion current LCU | -92.8% |
| 2010 | -17.63 billion current LCU | -1244.3% |
| 2011 | -18.93 billion current LCU | +7.3% |
Morocco compared with similar countries
- Morocco's -18.93 billion current LCU is below the median for lower middle income countries, which is -3.80 billion current LCU, 5.0× the median. (24 countries reporting)
- Morocco's -18.93 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -2.64 billion current LCU, 7.2× the median. (5 countries reporting)
Biggest year-on-year movements
Years where Primary balance, excluding interest 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 |
|---|---|---|---|
| 2003 | +1870.3% | -88.57 million current LCU | 1.57 billion current LCU |
| 2010 | -1244.3% | 1.54 billion current LCU | -17.63 billion current LCU |
| 2005 | -565.1% | 1.25 billion current LCU | -5.79 billion current LCU |
| 2001 | +390.0% | -2.15 billion current LCU | 6.25 billion current LCU |
| 1978 | +271.5% | 1.36 billion current LCU | 5.06 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.23 billion current LCU | 573.00 million current LCU | 5.80 billion current LCU | 10 |
| 1980s | 10.51 billion current LCU | 4.16 billion current LCU | 19.94 billion current LCU | 10 |
| 1990s | 8.69 billion current LCU | 5.67 billion current LCU | 16.47 billion current LCU | 10 |
| 2000s | 5.15 billion current LCU | -5.79 billion current LCU | 21.30 billion current LCU | 10 |
| 2010s | -18.28 billion current LCU | -18.93 billion current LCU | -17.63 billion current LCU | 2 |
Countries ranked near Morocco
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 primary balance, excluding interest in Morocco?
- Primary balance, excluding interest in Morocco was -18.93 billion current LCU in 2011, according to World Bank country economists.
- What is the highest primary balance, excluding interest recorded in Morocco?
- The highest recorded value was 21.30 billion current LCU in 2008.
- What is the lowest primary balance, excluding interest recorded in Morocco?
- The lowest recorded value was -18.93 billion current LCU in 2011.
- How does Morocco rank for primary balance, excluding interest?
- Morocco ranks 33rd out of 50 countries with data for 2011.
- Is primary balance, excluding interest rising or falling in Morocco?
- Over the last ten years it is down 402.9%. 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 Primary balance, excluding interest (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Primary deficit, excluding interest (current LCU).