Morocco - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Morocco was -7.63 as of 2020. Its highest value over the past 60 years was 1.27 in 1965, while its lowest value was -20.43 in 1977.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 0.87 |
| 1961 | -3.02 |
| 1962 | -3.07 |
| 1963 | -2.16 |
| 1964 | 0.35 |
| 1965 | 1.27 |
| 1966 | -0.41 |
| 1967 | -2.27 |
| 1968 | -1.57 |
| 1969 | -0.45 |
| 1970 | -3.94 |
| 1971 | -2.77 |
| 1972 | -0.65 |
| 1973 | -1.27 |
| 1974 | -0.64 |
| 1975 | -10.87 |
| 1976 | -18.81 |
| 1977 | -20.43 |
| 1978 | -13.70 |
| 1979 | -12.85 |
| 1980 | -8.67 |
| 1981 | -12.09 |
| 1982 | -12.13 |
| 1983 | -7.10 |
| 1984 | -9.09 |
| 1985 | -8.29 |
| 1986 | -6.52 |
| 1987 | -4.70 |
| 1988 | -0.14 |
| 1989 | -5.24 |
| 1990 | -5.51 |
| 1991 | -5.14 |
| 1992 | -5.92 |
| 1993 | -5.55 |
| 1994 | -5.44 |
| 1995 | -6.37 |
| 1996 | -3.42 |
| 1997 | -3.30 |
| 1998 | -3.99 |
| 1999 | -3.68 |
| 2000 | -5.59 |
| 2001 | -3.00 |
| 2002 | -2.70 |
| 2003 | -3.32 |
| 2004 | -5.38 |
| 2005 | -6.08 |
| 2006 | -5.99 |
| 2007 | -9.34 |
| 2008 | -14.19 |
| 2009 | -11.91 |
| 2010 | -10.78 |
| 2011 | -14.03 |
| 2012 | -15.27 |
| 2013 | -14.47 |
| 2014 | -12.51 |
| 2015 | -7.60 |
| 2016 | -10.16 |
| 2017 | -9.55 |
| 2018 | -10.42 |
| 2019 | -8.59 |
| 2020 | -7.63 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
