Morocco: Foreign exchange reserves

* indicates monthly or quarterly data series
 Morocco

Foreign exchange reserves, billion currency units

 Latest value 361.96
 Reference March 2024
 Measure billion Moroccan Dirham
 Data availability December 2001 - March 2024
 Average 205.66
 Min - Max 96.87 - 361.96
 Source Bank Al-Maghrib
For that indicator, we provide data for Morocco from December 2001 to March 2024. The average value for Morocco during that period was 205.66 billion Moroccan Dirham with a minimum of 96.87 billion Moroccan Dirham in January 2002 and a maximum of 361.96 billion Moroccan Dirham in March 2024. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Morocco - Foreign exchange reserves - recent values

Historical chart
Morocco - Foreign exchange reserves - historical chart - 2001-2024
Measure: billion Moroccan Dirham
Source: Bank Al-Maghrib


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 88.91 2021 percent
 Trade openness 101.12 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 44.81 2022 percent
 Exports, billion dollars 62.02 2023 billion U.S. dollars
 Growth of exports 20.42 2022 percent
 Imports, percent of GDP 56.31 2022 percent
 Imports, billion dollars 73.74 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.66 2022 percent
 Foreign Direct Investment, billion dollars 2.18 2022 billion U.S. dollars
 Portfolio investment inflows, equities 271.80 2022 million dollars (current)
 Current account, percent of GDP -3.50 2022 percent
 Current account, in dollars -4.78 2022 billion U.S. dollars
 Trade balance, percent of GDP -11.50 2022 percent
 Trade balance, in dollars -15.23 2022 billion U.S. dollars
 Reserves 32.31 2022 billion U.S. dollars
 Remittances, percent of GDP 8.53 2022 percent
 Remittances 11,168.17 2022 million U.S. dollars
 Net errors and omissions 2,122.53 2022 million USD
 External debt 50.15 2022 percent
 Short-term external debt 15.37 2022 percent
 Short-term debt to reserves 30.78 2022 percent
 Foreign exchange reserves 355.17 9/2023 billion
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