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Morocco

Region: North Africa
Currency: Moroccan Dirham (MAD)
Population: 34.5 million
Capital: Rabat
Ministry website: www.finances.gov.ma
Fiscal year: January-December
Regional Economic Community: CEN-SAD, UMA
Key Budget Indicators Over Time
2014 2015 2016 2017 2018
GDP (constant 2007 MAD[billions]) 863.68 902.97 912.43 951.07 979.51
GDP (current MAD[billions]) 925.38 987.95 1,013.23 1,063.35 1,106.82
GDP growth (%) 2.67 4.55 1.05 4.24 2.99
GDP per capita (constant 2007 MAD) 25,575.37 26,460.76 26,457.18 27,288.79 27,811.15
GDP per capita (current MAD) 27,402.31 28,950.92 29,380.03 30,510.47 31,425.95
Inflation (CPI) (%) 0.39 1.41 1.55 0.74 1.57
General government revenue (% of GDP) 28.03 26.53 26.05 26.56 26.18
General government expenditure (% of GDP) 32.88 30.7 30.54 30.05 29.92
Budget balance (% of GDP) -4.85 -4.17 -4.48 -3.49 -3.74
Primary balance (% of GDP) -2.08 -1.41 -1.83 -0.95 -1.27
General government debt (% of GDP) 63.34 63.69 64.88 65.11 65.29
Population (millions) 33.77 34.13 34.49 34.85 35.22

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