Interest payments in Morocco

Morocco: Interest payments was 31.22 billion current LCU in 2023. ▲ Rising

Latest (2023)
31.22 billion current LCU
Change on year
up 9.2%
World rank
75th
of 155 countries
All-time high
31.22 billion current LCU
in 2023
All-time low
9.90 billion current LCU
in 1990
Years of data
31
1990–2023

Interest payments in Morocco, 1990–2023

10.0B15.0B20.0B25.0B30.0B1990200620231990: 9.9B current LCU1991: 12.3B current LCU1992: 12.8B current LCU1993: 14.9B current LCU1994: 16.0B current LCU1995: 16.6B current LCU1997: 16.7B current LCU1998: 16.7B current LCU1999: 16.9B current LCU2002: 17.2B current LCU2003: 17.4B current LCU2004: 17.6B current LCU2005: 17.4B current LCU2006: 18.6B current LCU2007: 19.2B current LCU2008: 18.2B current LCU2009: 17.5B current LCU2010: 17.6B current LCU2011: 18.2B current LCU2012: 20.1B current LCU2013: 22.5B current LCU2014: 24.8B current LCU2015: 27.3B current LCU2016: 27.1B current LCU2017: 27.1B current LCU2018: 27.3B current LCU2019: 29.5B current LCU2020: 28.8B current LCU2021: 27.1B current LCU2022: 28.6B current LCU2023: 31.2B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

In 2023, interest payments in Morocco stood at 31.22 billion current LCU. That is the highest value across all 31 years on record.

The figure is up 9.2% on the previous year and up 38.7% over ten years.

Over the whole period, interest payments in Morocco peaked at 31.22 billion current LCU in 2023 and was at its lowest, 9.90 billion current LCU, in 1990.

That places Morocco 75th out of 155 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 14.74 billion current LCU 9.90 billion current LCU 16.90 billion current LCU 9
2000s 17.89 billion current LCU 17.22 billion current LCU 19.24 billion current LCU 8
2010s 24.14 billion current LCU 17.57 billion current LCU 29.47 billion current LCU 10
2020s 28.93 billion current LCU 27.12 billion current LCU 31.22 billion current LCU 4

Countries ranked near Morocco

  1. 72 Burundi 33.28 billion current LCU compare
  2. 73 Spain 33.08 billion current LCU compare
  3. 74 Germany 32.06 billion current LCU compare
  4. 76 Ghana 29.35 billion current LCU compare
  5. 77 Sweden 22.96 billion current LCU compare
  6. 78 Australia 19.17 billion current LCU compare

See the full ranking of 155 places →

More public sector data for Morocco

All data for Morocco →

Frequently asked questions

What is interest payments in Morocco?
Interest payments in Morocco was 31.22 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest interest payments recorded in Morocco?
The highest recorded value was 31.22 billion current LCU in 2023.
What is the lowest interest payments recorded in Morocco?
The lowest recorded value was 9.90 billion current LCU in 1990.
How does Morocco rank for interest payments?
Morocco ranks 75th out of 155 countries with data for 2023.
Is interest payments rising or falling in Morocco?
Over the last ten years it is up 38.7%. 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 Interest payments (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

Indicator
Interest payments (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,505 data points, 1972–2024
Last refreshed

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.