Imports of Goods and Services for Morocco
MARBMUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81,860,362,547.60
Year-over-Year Change
63.97%
Date Range
1/1/2000 - 1/1/2025
Summary
This economic trend measures the total value of goods and services imported into Morocco. It's an important indicator of the country's trade balance and economic integration with global markets.
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 Imports of Goods and Services for Morocco series tracks the dollar value of all merchandise and services purchased by Moroccan residents from the rest of the world. It's a key component in calculating Morocco's overall trade flows and balance of payments position.
Methodology
The data is collected and reported by Morocco's central bank and national statistics agency.
Historical Context
Policymakers and analysts use this import data to assess Morocco's economic competitiveness and the effectiveness of trade policies.
Key Facts
- Morocco's imports of goods and services totaled $53.4 billion in 2021.
- Machinery, transportation equipment, and crude materials are Morocco's top imported products.
- Imports accounted for 47% of Morocco's GDP in 2021.
FAQs
Q: What does this economic trend measure?
A: The Imports of Goods and Services for Morocco series tracks the total dollar value of all merchandise and services purchased by Moroccan residents from the rest of the world.
Q: Why is this trend relevant for users or analysts?
A: This import data is a crucial indicator of Morocco's trade balance and economic integration with global markets, providing insights for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by Morocco's central bank and national statistics agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this import data to assess Morocco's economic competitiveness and the effectiveness of the country's trade policies.
Q: Are there update delays or limitations?
A: The data is typically published with a delay of several months, and may be subject to revisions by the reporting agencies.
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Citation
U.S. Federal Reserve, Imports of Goods and Services for Morocco (MARBMUSD), retrieved from FRED.