Goods and services expense in Morocco
Morocco: Goods and services expense was 35.32 billion current LCU in 2023. ▲ Rising
Goods and services expense in Morocco, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Morocco is 35.32 billion current LCU, measured in 2023.
That represents a change of down 6.7% on the previous year and up 64.0% over ten years.
Over the whole period, goods and services expense in Morocco peaked at 45.09 billion current LCU in 2021 and was at its lowest, 7.75 billion current LCU, in 1990.
Morocco ranks 77th of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.74 billion current LCU | 7.75 billion current LCU | 15.13 billion current LCU | 9 |
| 2000s | 16.50 billion current LCU | 13.21 billion current LCU | 23.56 billion current LCU | 8 |
| 2010s | 24.49 billion current LCU | 19.15 billion current LCU | 31.19 billion current LCU | 10 |
| 2020s | 37.84 billion current LCU | 33.11 billion current LCU | 45.09 billion current LCU | 4 |
Countries ranked near Morocco
More public sector data for Morocco
- Arms imports 23.00 million SIPRI trend indicator values (2024)
- Tax revenue 20.7% (2023)
- Taxes on income, profits and capital gains 30.5% (2023)
- Taxes on goods and services 42.2% (2023)
- Net investment in nonfinancial assets 4.1% (2023)
- Net lending (+) / net borrowing (-) -4.4% (2023)
- Interest payments 8.0% (2023)
- Grants and other revenue 21.2% (2023)
- Interest payments 7.9% (2023)
- Other taxes 1.7% (2023)
Frequently asked questions
- What is goods and services expense in Morocco?
- Goods and services expense in Morocco was 35.32 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Morocco?
- The highest recorded value was 45.09 billion current LCU in 2021.
- What is the lowest goods and services expense recorded in Morocco?
- The lowest recorded value was 7.75 billion current LCU in 1990.
- How does Morocco rank for goods and services expense?
- Morocco ranks 77th out of 155 countries with data for 2023.
- Is goods and services expense rising or falling in Morocco?
- Over the last ten years it is up 64.0%. The long-run trend across the full record is rising.
- Where does this Morocco data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.