Morocco: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Morocco

Fiscal balance, percent of GDP

 Latest value -5.2
 Year 2022
 Measure percent
 Data availability 1998 - 2022
 Average -3.82
 Min - Max -7.2 - 0.9
 Source Bank Al Maghrib
For that indicator, we provide data for Morocco from 1998 to 2022. The average value for Morocco during that period was -3.82 percent with a minimum of -7.2 percent in 2012 and a maximum of 0.9 percent in 1999. The latest value from 2022 is -5.2 percent. For comparison, the world average in 2022 based on 149 countries is -2.63 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Morocco - Fiscal balance, percent of GDP - recent values

Historical chart
Morocco - Fiscal balance, percent of GDP - historical chart - 1998-2022




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 19.22 2022 percent
 Government spending, in dollars 25.16 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -5.20 2022 percent
 Government debt 69.80 2022 percent
 Tax revenue 22.12 2022 percent
 Commercial tax rate 45.80 2019 percent
 Tax preparation time 155 2019 hours
 Number of taxes 6 2019 taxes
 Taxes on goods and services 43.87 2022 percent
 Taxes on international trade 4.04 2022 percent
 Income and profits taxes 32.38 2022 percent
 Foreign aid 965.22 2021 million U.S. dollars
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