Taxes on goods and services in Morocco
Morocco: Taxes on goods and services was 164.26 billion current LCU in 2023. ◆ Volatile
Taxes on goods and services in Morocco, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Morocco recorded 164.26 billion current LCU for taxes on goods and services in 2023. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 47.1% over ten years.
Over the whole period, taxes on goods and services in Morocco peaked at 164.26 billion current LCU in 2023 and was at its lowest, 22.42 billion current LCU, in 1990.
That places Morocco 70th out of 157 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 | 32.25 billion current LCU | 22.42 billion current LCU | 39.27 billion current LCU | 9 |
| 2000s | 63.33 billion current LCU | 44.01 billion current LCU | 90.12 billion current LCU | 8 |
| 2010s | 116.14 billion current LCU | 97.22 billion current LCU | 132.71 billion current LCU | 10 |
| 2020s | 145.64 billion current LCU | 120.66 billion current LCU | 164.26 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 taxes on goods and services in Morocco?
- Taxes on goods and services in Morocco was 164.26 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Morocco?
- The highest recorded value was 164.26 billion current LCU in 2023.
- What is the lowest taxes on goods and services recorded in Morocco?
- The lowest recorded value was 22.42 billion current LCU in 1990.
- How does Morocco rank for taxes on goods and services?
- Morocco ranks 70th out of 157 countries with data for 2023.
- Is taxes on goods and services rising or falling in Morocco?
- Over the last ten years it is up 47.1%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.