Current Account Balance for Morocco
MARBCAGDPGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.30
Year-over-Year Change
-66.27%
Date Range
1/1/2000 - 1/1/2025
Summary
The Current Account Balance for Morocco measures the difference between the value of Morocco's imports and exports of goods, services, and capital. It is a key indicator of Morocco's international economic position and competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Current Account Balance tracks the net flow of goods, services, and capital between Morocco and the rest of the world. It represents the balance of trade, net income from foreign investments, and transfers between Morocco and other countries.
Methodology
The data is collected and calculated by the Moroccan government based on international trade and financial flows.
Historical Context
The Current Account Balance is used by policymakers and analysts to assess Morocco's external economic position and guide decisions on monetary, fiscal, and trade policies.
Key Facts
- Morocco's Current Account Balance was -4.7% of GDP in 2021.
- The Current Account has run a deficit for most of the past two decades.
- Exports of services, such as tourism, are a key component of Morocco's Current Account.
FAQs
Q: What does the Current Account Balance for Morocco measure?
A: The Current Account Balance measures the net flow of goods, services, and capital between Morocco and the rest of the world. It includes the trade balance, net income from foreign investments, and transfers.
Q: Why is the Current Account Balance relevant for Morocco?
A: The Current Account Balance is a key indicator of Morocco's international economic position and competitiveness. It is used by policymakers and analysts to assess the country's external economic situation and guide decisions on monetary, fiscal, and trade policies.
Q: How is the Current Account Balance for Morocco data collected and calculated?
A: The data is collected and calculated by the Moroccan government based on international trade and financial flows.
Q: How is the Current Account Balance used in economic policy for Morocco?
A: The Current Account Balance is used by policymakers and analysts to assess Morocco's external economic position and guide decisions on monetary, fiscal, and trade policies.
Q: Are there any delays or limitations in the Current Account Balance data for Morocco?
A: There may be some delays in the availability of the most recent data, as it is collected and published by the Moroccan government. Additionally, the data may not capture all cross-border economic activities.
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Citation
U.S. Federal Reserve, Current Account Balance for Morocco (MARBCAGDPGDPPT), retrieved from FRED.