Net incurrence of liabilities, total in Morocco
Morocco: Net incurrence of liabilities, total was 78.90 billion current LCU in 2023. ◆ Volatile
Net incurrence of liabilities, total in Morocco, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, net incurrence of liabilities, total in Morocco stood at 78.90 billion current LCU.
That represents a change of up 35.5% on the previous year and up 45.9% over ten years.
Over the whole period, net incurrence of liabilities, total in Morocco peaked at 94.75 billion current LCU in 2020 and was at its lowest, -4.28 billion current LCU, in 2008.
That places Morocco 60th out of 136 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.55 billion current LCU | -1.33 billion current LCU | 13.85 billion current LCU | 8 |
| 2000s | 7.00 billion current LCU | -4.28 billion current LCU | 21.05 billion current LCU | 8 |
| 2010s | 40.48 billion current LCU | 31.62 billion current LCU | 54.08 billion current LCU | 5 |
| 2020s | 73.77 billion current LCU | 58.22 billion current LCU | 94.75 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 net incurrence of liabilities, total in Morocco?
- Net incurrence of liabilities, total in Morocco was 78.90 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Morocco?
- The highest recorded value was 94.75 billion current LCU in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Morocco?
- The lowest recorded value was -4.28 billion current LCU in 2008.
- How does Morocco rank for net incurrence of liabilities, total?
- Morocco ranks 60th out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Morocco?
- Over the last ten years it is up 45.9%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.