Central Government Net Lending/borrowing (central Govt Fiscal Balance) for Morocco
MARGCXCNLGDPGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.76
Year-over-Year Change
-19.94%
Date Range
1/1/2000 - 1/1/2025
Summary
The Central Government Net Lending/borrowing (central Govt Fiscal Balance) for Morocco measures the difference between government revenue and expenditure as a percentage of GDP. This metric is a key indicator of a country's fiscal health and policy stance.
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 Central Government Net Lending/borrowing (central Govt Fiscal Balance) represents Morocco's overall fiscal position, capturing the government's ability to fund its activities and service debt. Economists and policymakers closely monitor this trend to assess the sustainability of public finances and make informed decisions about fiscal policy.
Methodology
This data is collected and reported by the International Monetary Fund based on standardized government finance statistics.
Historical Context
Governments use this indicator to guide budgetary decisions and manage fiscal risks, while markets and analysts track it to evaluate a country's creditworthiness and economic stability.
Key Facts
- Morocco's central government fiscal balance averaged -3.9% of GDP from 2010-2020.
- The fiscal deficit widened to -7.6% of GDP in 2020 due to the COVID-19 pandemic.
- Morocco aims to reduce its fiscal deficit to under 3% of GDP by 2023.
FAQs
Q: What does this economic trend measure?
A: The Central Government Net Lending/borrowing (central Govt Fiscal Balance) for Morocco measures the difference between the government's total revenue and total expenditure as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: This fiscal balance metric is a key indicator of the sustainability of Morocco's public finances and the government's ability to fund its activities and service debt. It is closely monitored by economists, policymakers, and financial markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund based on standardized government finance statistics.
Q: How is this trend used in economic policy?
A: Governments use this indicator to guide budgetary decisions and manage fiscal risks, while markets and analysts track it to evaluate a country's creditworthiness and economic stability.
Q: Are there update delays or limitations?
A: The data is reported with a lag, and there may be revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Central Government Net Lending/borrowing (central Govt Fiscal Balance) for Morocco (MARGCXCNLGDPGDPPT), retrieved from FRED.