Morocco: Government spending, in dollars
* indicates monthly or quarterly data series
Morocco |
Government spending, billion USD |
---|---|
Latest value | 26.41 |
Year | 2023 |
Measure | billion U.S. dollars |
Data availability | 1960 - 2023 |
Average | 8.36 |
Min - Max | 0.24 - 26.95 |
Source | The World Bank |
The latest value from 2023 is 26.41 billion U.S. dollars, an increase from 25.16 billion U.S. dollars in 2022. In comparison, the world average is 69.63 billion U.S. dollars, based on data from 131 countries. Historically, the average for Morocco from 1960 to 2023 is 8.36 billion U.S. dollars. The minimum value, 0.24 billion U.S. dollars, was reached in 1960 while the maximum of 26.95 billion U.S. dollars was recorded in 2021.
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* indicates monthly or quarterly data series
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Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 18.72 | 2023 | percent |
Government spending, in dollars | 26.41 | 2023 | billion U.S. dollars |
Fiscal balance, percent of GDP | -4.40 | 2023 | 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 | 1,414.80 | 2022 | million U.S. dollars |