Budgets in AfricaCountry profiles

Morocco

Region: North Africa
Currency: Moroccan Dirham (MAD)
Population: 33.8 million
Capital: Rabat
Ministry website: www.finances.gov.ma, www.hcp.ma
Fiscal year: January-December
Regional Economic Community: CEN-SAD

Key economic indicators
2012 2013 2014 2015 2016
GDP (constant 2007 MAD[billions]) 804.73 841.22 862.68 901.58 914.98
GDP (current MAD[billions]) 847.88 897.92 923.7 982.22 1,013.33
GDP growth (%) 3.01 4.54 2.55 4.51 1.49
GDP per capita (constant 2007 MAD) 24,744.05 25,605.69 26,000.91 26,910.36 27,048.83
GDP per capita (current MAD) 26,071 27,331.54 27,839.78 29,317.46 29,956.1
Inflation (CPI) (%) 1.29 1.88 0.44 1.55 1.6
General government revenue (% of GDP) 28.04 27.85 28.08 26.69 26.09
General government expenditure (% of GDP) 35.22 32.93 32.93 30.88 30.25
Budget balance (% of GDP) -7.18 -5.09 -4.86 -4.2 -4.15
Primary balance (% of GDP) -4.73 -2.51 -2.08 -1.42 -1.5
General government debt (% of GDP) 56.53 61.73 63.45 64.06 64.69