Short-term debt (% of total external debt) in Morocco
Morocco: Short-term debt (% of total external debt) was 11.0% in 2024. ◆ Volatile
Short-term debt in Morocco, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Morocco stood at 11.0%.
Compared with earlier readings it is down 24.4% on the previous year and down 37.1% over ten years.
Over the whole period, short-term debt in Morocco peaked at 18.7% in 2016 and was at its lowest, 0.8%, in 1995.
That places Morocco 52nd out of 122 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.
Short-term debt (% of total external debt) in Morocco, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 7.2% | — |
| 1971 | 7.4% | +2.1% |
| 1972 | 7.5% | +2.1% |
| 1973 | 7.6% | +1.4% |
| 1974 | 7.7% | +1.5% |
| 1975 | 6.1% | -21.2% |
| 1976 | 6.9% | +13.3% |
| 1977 | 10.1% | +45.9% |
| 1978 | 7.9% | -21.3% |
| 1979 | 9.0% | +12.9% |
| 1980 | 8.0% | -10.7% |
| 1981 | 7.6% | -5.3% |
| 1982 | 8.5% | +12.7% |
| 1983 | 9.0% | +5.5% |
| 1984 | 8.2% | -9.4% |
| 1985 | 7.5% | -8.2% |
| 1986 | 4.3% | -42.4% |
| 1987 | 4.1% | -4.4% |
| 1988 | 1.7% | -57.7% |
| 1989 | 1.3% | -28.1% |
| 1990 | 1.6% | +29.9% |
| 1991 | 1.3% | -18.5% |
| 1992 | 1.7% | +28.8% |
| 1993 | 1.4% | -16.6% |
| 1994 | 1.0% | -32.1% |
| 1995 | 0.8% | -14.0% |
| 1996 | 5.9% | +610.1% |
| 1997 | 9.2% | +55.5% |
| 1998 | 7.8% | -15.3% |
| 1999 | 8.8% | +12.8% |
| 2000 | 7.6% | -13.9% |
| 2001 | 8.9% | +17.9% |
| 2002 | 9.4% | +5.3% |
| 2003 | 6.8% | -27.4% |
| 2004 | 1.0% | -84.7% |
| 2005 | 4.2% | +299.8% |
| 2006 | 9.6% | +130.0% |
| 2007 | 9.2% | -3.8% |
| 2008 | 7.7% | -16.1% |
| 2009 | 8.9% | +15.2% |
| 2010 | 10.0% | +12.6% |
| 2011 | 12.8% | +27.3% |
| 2012 | 12.3% | -3.9% |
| 2013 | 13.6% | +10.5% |
| 2014 | 17.6% | +29.3% |
| 2015 | 15.4% | -12.3% |
| 2016 | 18.7% | +21.2% |
| 2017 | 14.4% | -22.7% |
| 2018 | 14.7% | +1.8% |
| 2019 | 15.7% | +7.1% |
| 2020 | 12.3% | -21.5% |
| 2021 | 13.8% | +12.0% |
| 2022 | 15.3% | +10.8% |
| 2023 | 14.6% | -4.7% |
| 2024 | 11.0% | -24.4% |
Morocco compared with similar countries
- Morocco's 11.0% is above the median for lower middle income countries, which is 9.0%, 1.2× the median. (43 countries reporting)
- Morocco's 11.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 15.0%, 74% of the median. (13 countries reporting)
Biggest year-on-year movements
Years where Short-term debt (% of total external debt) in Morocco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +610.1% | 0.8% | 5.9% |
| 2005 | +299.8% | 1.0% | 4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.7% | 6.1% | 10.1% | 10 |
| 1980s | 6.0% | 1.3% | 9.0% | 10 |
| 1990s | 4.0% | 0.8% | 9.2% | 10 |
| 2000s | 7.3% | 1.0% | 9.6% | 10 |
| 2010s | 14.5% | 10.0% | 18.7% | 10 |
| 2020s | 13.4% | 11.0% | 15.3% | 5 |
Countries ranked near Morocco
- 49 Kazakhstan 11.7% compare
- 50 Albania 11.6% compare
- 51 Peru 11.2% compare
- 53 El Salvador 10.6% compare
- 54 Cote d'Ivoire 10.6% compare
- 55 Mexico 10.3% 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 short-term debt in Morocco?
- Short-term debt in Morocco was 11.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Morocco?
- The highest recorded value was 18.7% in 2016.
- What is the lowest short-term debt recorded in Morocco?
- The lowest recorded value was 0.8% in 1995.
- How does Morocco rank for short-term debt?
- Morocco ranks 52nd out of 122 countries with data for 2024.
- Is short-term debt rising or falling in Morocco?
- Over the last ten years it is down 37.1%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.