Interest payments in Morocco

Morocco: Interest payments was 7.9% in 2023. ▼ Falling

Latest (2023)
7.9%
Change on year
up 4.0%
World rank
66th
of 152 countries
All-time high
25.2%
in 1991
All-time low
7.6%
in 2011
Years of data
31
1990–2023

Interest payments in Morocco, 1990–2023

101520251990200620231990: 24.2 % of expense1991: 25.2 % of expense1992: 24.5 % of expense1993: 23.9 % of expense1994: 23.9 % of expense1995: 22.2 % of expense1997: 21.1 % of expense1998: 19.6 % of expense1999: 18.9 % of expense2002: 15 % of expense2003: 15 % of expense2004: 14 % of expense2005: 11.2 % of expense2006: 12.1 % of expense2007: 11.6 % of expense2008: 9.5 % of expense2009: 8.9 % of expense2010: 8.3 % of expense2011: 7.6 % of expense2012: 8 % of expense2013: 9 % of expense2014: 9.7 % of expense2015: 11 % of expense2016: 10.9 % of expense2017: 10.4 % of expense2018: 10 % of expense2019: 10.2 % of expense2020: 9.2 % of expense2021: 8.3 % of expense2022: 7.6 % of expense2023: 7.9 % of expense

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.

Analysis

Morocco recorded 7.9% for interest payments in 2023.

Compared with earlier readings it is up 4.0% on the previous year and down 11.9% over ten years.

Over the whole period, interest payments in Morocco peaked at 25.2% in 1991 and was at its lowest, 7.6%, in 2011.

That places Morocco 66th out of 152 countries with data for 2023, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 22.6% 18.9% 25.2% 9
2000s 12.2% 8.9% 15.0% 8
2010s 9.5% 7.6% 11.0% 10
2020s 8.3% 7.6% 9.2% 4

Countries ranked near Morocco

  1. 63 Kazakhstan 8.7% compare
  2. 64 Mali 8.5% compare
  3. 65 Mauritius 8.4% compare
  4. 67 Albania 7.8% compare
  5. 68 Cameroon 7.8% compare
  6. 69 United Kingdom 7.8% compare

See the full ranking of 193 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 7.9% 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 25.2% in 1991.
What is the lowest interest payments recorded in Morocco?
The lowest recorded value was 7.6% in 2011.
How does Morocco rank for interest payments?
Morocco ranks 66th out of 152 countries with data for 2023.
Is interest payments rising or falling in Morocco?
Over the last ten years it is down 11.9%. The long-run trend across the full record is falling.
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 (% of expense). Statizoid updates them automatically from the source API.

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About this data

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.