Debt service (PPG and IMF only, % of exports of goods, services and) in Morocco
Morocco: Debt service (PPG and IMF only, % of exports of goods, services and) was 10.8% in 2024. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Morocco, 1975–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
Morocco recorded 10.8% for debt service (ppg and imf only, % of exports of goods, services and) in 2024.
That represents a change of up 83.9% on the previous year and up 44.7% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Morocco peaked at 58.0% in 1992 and was at its lowest, 5.9%, in 2023.
That places Morocco 31st out of 118 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service (PPG and IMF only, % of exports of goods, services and) in Morocco, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | 7.8% | — |
| 1976 | 12.4% | +58.8% |
| 1977 | 17.7% | +41.9% |
| 1978 | 28.7% | +62.5% |
| 1979 | 34.3% | +19.7% |
| 1980 | 39.9% | +16.1% |
| 1981 | 45.7% | +14.7% |
| 1982 | 52.1% | +13.9% |
| 1983 | 46.6% | -10.5% |
| 1984 | 30.3% | -35.1% |
| 1985 | 41.4% | +36.9% |
| 1986 | 47.2% | +14.0% |
| 1987 | 39.8% | -15.8% |
| 1988 | 30.8% | -22.6% |
| 1989 | 40.2% | +30.7% |
| 1990 | 27.9% | -30.7% |
| 1991 | 37.4% | +34.2% |
| 1992 | 58.0% | +55.0% |
| 1993 | 52.0% | -10.3% |
| 1994 | 54.2% | +4.1% |
| 1995 | 47.4% | -12.5% |
| 1996 | 39.5% | -16.7% |
| 1997 | 36.7% | -7.0% |
| 1999 | 32.9% | -10.5% |
| 2000 | 27.1% | -17.4% |
| 2001 | 25.2% | -6.9% |
| 2002 | 27.7% | +9.8% |
| 2003 | 29.6% | +6.9% |
| 2004 | 17.4% | -41.3% |
| 2005 | 13.8% | -20.5% |
| 2006 | 10.1% | -26.8% |
| 2007 | 9.7% | -3.8% |
| 2008 | 7.8% | -20.2% |
| 2009 | 7.0% | -9.5% |
| 2010 | 7.5% | +6.8% |
| 2011 | 6.7% | -10.3% |
| 2012 | 7.1% | +5.4% |
| 2013 | 8.8% | +23.7% |
| 2014 | 7.5% | -14.8% |
| 2015 | 7.6% | +0.8% |
| 2016 | 8.6% | +14.4% |
| 2017 | 8.4% | -2.5% |
| 2018 | 7.0% | -16.5% |
| 2019 | 6.9% | -1.5% |
| 2020 | 11.4% | +64.0% |
| 2021 | 11.5% | +1.0% |
| 2022 | 8.0% | -30.1% |
| 2023 | 5.9% | -26.5% |
| 2024 | 10.8% | +83.9% |
Morocco compared with similar countries
- Morocco's 10.8% is above the median for lower middle income countries, which is 8.4%, 1.3× the median. (43 countries reporting)
- Morocco's 10.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 10.0%, 1.1× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.2% | 7.8% | 34.3% | 5 |
| 1980s | 41.4% | 30.3% | 52.1% | 10 |
| 1990s | 42.9% | 27.9% | 58.0% | 9 |
| 2000s | 17.6% | 7.0% | 29.6% | 10 |
| 2010s | 7.6% | 6.7% | 8.8% | 10 |
| 2020s | 9.5% | 5.9% | 11.5% | 5 |
Countries ranked near Morocco
- 28 Honduras 11.5% compare
- 29 Uganda 11.5% compare
- 30 Tanzania, United Republic of 11.3% compare
- 32 Guinea-Bissau 10.8% compare
- 33 Cape Verde 10.8% compare
- 34 Ukraine 10.5% compare
More external debt data for Morocco
- IFC, private nonguaranteed 249.64 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 6.56 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0016 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 276.97 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.8% (2024)
- Net financial flows, IDA -196,000 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.0051 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 1.29 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 8.8% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Morocco?
- Debt service (ppg and imf only, % of exports of goods, services and) in Morocco was 10.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Morocco?
- The highest recorded value was 58.0% in 1992.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Morocco?
- The lowest recorded value was 5.9% in 2023.
- How does Morocco rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Morocco ranks 31st out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Morocco?
- Over the last ten years it is up 44.7%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.