Government gross debt in Morocco

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 65.8% 2027: 64.9% 2028: 63.9% 2029: 62.8% 2030: 61.9% 2031: 61.0%

63.4 (1999) ANUAL · % of GDP · Annual · CSV

Period	% of GDP
Jan 1999	63.4
Jan 1998	64.5
Jan 1997	68.0
Jan 1996	65.3
Jan 1995	72.2
Jan 1994	69.3
Jan 1993	74.7
Jan 1992	67.0
Jan 1991	59.1
Jan 1990	70.5

About this indicator

Source

International Monetary Fund

Frequency

Annual

Release

Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.

What it is

Government gross debt measures the total outstanding liabilities of Morocco's general government to its creditors. It is usually expressed as a share of GDP to gauge sustainability.

How it's calculated

It is compiled by adding the gross liabilities of general government (debt securities, loans and other liabilities). The reference figure comes from the IMF World Economic Outlook, is annual and is expressed as a percentage of GDP and in absolute dirham terms.

Market implications

Morocco's debt, part of it external and in foreign currency, shapes its funding costs and access to international markets. It is followed by investors and rating agencies and is relevant for Bank Al-Maghrib's policy and the dirham.

Limitations

It is a low-frequency figure subject to revision. The ratio depends on nominal GDP, so it can move without any change in the stock, and on its own it does not separate the external foreign-currency share, which is more exposed to exchange-rate swings.