Morocco recorded a Current Account deficit of 8978.40 MAD Million in the second quarter of 2020.

Current Account in Morocco averaged -6712.04 MAD Million from 2001 until 2020, 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. This page provides - Morocco Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Current Account - values, historical data and charts - was last updated on October of 2020. source: Office des Changes, Marocco

Current Account in Morocco is expected to be -20000.00 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 -8000.00 in 12 months time. In the long-term, the Morocco Current Account is projected to trend around -12000.00 MAD Million in 2021 and -10011.44 MAD Million in 2022, according to our econometric models.

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Morocco Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-8978.40 -9838.00 11697.00 -28726.70 2001 - 2020 MAD Million Quarterly

Morocco Trade Last Previous Highest Lowest Unit
Balance of Trade -12745.00 -13659.00 -1254.60 -23012.00 MAD Million [+]
Current Account -8978.40 -9838.00 11697.00 -28726.70 MAD Million [+]
Current Account to GDP -4.60 -5.50 2.00 -9.30 percent [+]
Imports 31447.00 31586.00 45130.00 6424.40 MAD Million [+]
Exports 18702.00 17927.00 27273.00 4878.90 MAD Million [+]
Capital Flows -5731.80 -3108.30 26593.10 -22708.70 MAD Million [+]
Tourist Arrivals 13000000.00 12280000.00 13000000.00 4379990.00 [+]
Gold Reserves 22.10 22.10 22.12 21.94 Tonnes [+]
Foreign Direct Investment 4816.00 288.00 14339.00 -11002.20 MAD Million [+]
External Debt 524035.09 511720.67 524035.09 151986.36 MAD Million [+]
Crude Oil Production 0.16 0.16 0.40 0.08 BBL/D/1K [+]
Terrorism Index 1.22 0.04 4.50 0.00 [+]


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).