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| MOROCCO : Economic and Financial Data |
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Date of last update: |
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June 15, 2026 |
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Français |
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| The data shown in this page correspond to the data described on
the International Monetary Fund’s Dissemination Standards Bulletin Board
(DSBB). Some of prescribed breakdowns (underlined items) are shown on
additional webpages rather than on the main page. For a fuller explanation of
the DSBB and the statistical standards to which Morocco has committed, please
click on DSBB Home Page at |
| http://dsbb.imf.org/ |
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[Real Sector] |
[Fiscal Sector] |
[Financial Sector] |
[External Debt] |
[External Sector] |
[Population] |
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| Data
Category and Component |
Unit |
Latest
Period |
Data for
Latest Period |
Data for
Previous Period |
% Change |
Other
Information (Hyperlink) |
| Real Sector |
| I- National Accounts |
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|
Haut Commissariat au
Plan |
| a) GDP at constant prices (2014) |
MDH |
Q4/25 |
343.863 |
339.324 |
1,3 |
|
| Agriculture
and forestry |
MDH |
Q4/25 |
26.991 |
27.032 |
-0,1 |
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| Fishing |
MDH |
Q4/25 |
990 |
1.187 |
-16,6 |
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| Mining
and quarrying |
MDH |
Q4/25 |
5.794 |
6.347 |
-8,7 |
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| Manufacturing |
MDH |
Q4/25 |
51.940 |
50.359 |
3,1 |
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| Electricity,
gas, and water supply ; sewerage and waste management |
MDH |
Q4/25 |
8.383 |
8.545 |
-1,9 |
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| Construction |
MDH |
Q4/25 |
17.451 |
17.457 |
0,0 |
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| Wholesale
and retail trade; repair of motor vehicles and motorcycles |
MDH |
Q4/25 |
33.380 |
33.222 |
0,5 |
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| Transportation
and storage |
MDH |
Q4/25 |
9.651 |
9.407 |
2,6 |
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| Accommodation
and food service activities |
MDH |
Q4/25 |
14.422 |
14.592 |
-1,2 |
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| Information
and communication |
MDH |
Q4/25 |
10.423 |
10.176 |
2,4 |
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| Financial
and insurance activities |
MDH |
Q4/25 |
19.189 |
18.762 |
2,3 |
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| Real
estate activities |
MDH |
Q4/25 |
20.722 |
20.648 |
0,4 |
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| Professional,
scientific and technical activities ; Administrative and support service activities |
MDH |
Q4/25 |
17.228 |
16.871 |
2,1 |
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| Public
administration and defence; compulsory social security |
MDH |
Q4/25 |
37.464 |
36.341 |
3,1 |
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| Education, human health
and social work activities |
MDH |
Q4/25 |
28.588 |
27.840 |
2,7 |
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| Other service activities |
MDH |
Q4/25 |
4.199 |
4.161 |
0,9 |
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| b) GDP at current prices |
MDH |
Q4/25 |
443.762 |
431.008 |
3,0 |
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| Agriculture and forestry |
MDH |
Q4/25 |
44.181 |
42.203 |
4,7 |
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| Fishing |
MDH |
Q4/25 |
1.916 |
2.055 |
-6,8 |
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| Mining
and quarrying |
MDH |
Q4/25 |
9.588 |
9.293 |
3,2 |
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| Manufacturing |
MDH |
Q4/25 |
64.443 |
64.306 |
0,2 |
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| Electricity,
gas, and water supply ; sewerage and waste management |
MDH |
Q4/25 |
11.847 |
11.504 |
3,0 |
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| Construction |
MDH |
Q4/25 |
24.645 |
24.113 |
2,2 |
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| Wholesale
and retail trade; repair of motor vehicles and motorcycles |
MDH |
Q4/25 |
44.480 |
44.488 |
0,0 |
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| Transportation
and storage |
MDH |
Q4/25 |
12.427 |
11.899 |
4,4 |
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| Accommodation
and food service activities |
MDH |
Q4/25 |
19.032 |
19.339 |
-1,6 |
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| Information
and communication |
MDH |
Q4/25 |
9.268 |
9.061 |
2,3 |
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| Financial
and insurance activities |
MDH |
Q4/25 |
21.351 |
20.605 |
3,6 |
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| Real
estate activities |
MDH |
Q4/25 |
24.023 |
23.865 |
0,7 |
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| Professional,
scientific and technical activities ; Administrative and support service activities |
MDH |
Q4/25 |
22.273 |
21.487 |
3,7 |
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| Public
administration and defence; compulsory social security |
MDH |
Q4/25 |
40.366 |
39.279 |
2,8 |
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| Education,
human health and social work activities |
MDH |
Q4/25 |
30.898 |
30.080 |
2,7 |
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| Other
service activities |
MDH |
Q4/25 |
4.784 |
4.763 |
0,5 |
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| II- Production index |
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| Manufacturing
production index |
2015=100 |
Q1/26 |
118,5 |
144,6 |
-18,0 |
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| III- Labour Market |
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| Active population
employed |
Thousands |
Q1/26 |
10.364 |
11.123 |
-6,8 |
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| Unemployement rate |
% |
Q1/26 |
10,8% |
12,9% |
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| Wages index |
2004=100 |
Q4/25 |
176,2 |
169,8 |
3,8 |
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| IV- Price Indices |
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| Consumer prices |
2017=100 |
Apr/26 |
121,5 |
121,0 |
0,4 |
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| Producer prices |
2018=100 |
Apr/26 |
118,7 |
118,4 |
0,3 |
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| Fiscal Sector |
| I- General Government or Public Sector Operations |
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Ministry of Economy and Finance |
| Revenue |
MDH |
2019 |
420.584 |
412.721 |
7.863,2 |
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| Expense |
MDH |
2019 |
378.053 |
358.664 |
19.388,8 |
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| Net operating balance |
MDH |
2019 |
42.531 |
54.057 |
-11.525,6 |
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| Net investment in nonfinancial assests |
MDH |
2019 |
74.627 |
75.989 |
-1.361,8 |
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| Net lending/net borrowing |
MDH |
2019 |
-32.096 |
-21.932 |
-10.163,7 |
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| Net acquisition of financial assets |
MDH |
2019 |
27.213 |
28.073 |
-860,4 |
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| Net incurrence of liabilities |
MDH |
2019 |
59.309 |
50.006 |
9.303,3 |
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| II- Central Government Operations * |
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Ministry of Economy and Finance |
| 1- Revenues |
MDH |
Apr/26 |
144.012 |
133.895 |
7,6 |
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| 2- Current expenditures |
MDH |
Apr/26 |
145.972 |
131.405 |
11,1 |
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| Of which : interest on domestic debt |
MDH |
Apr/26 |
11.772 |
10.133 |
16,2 |
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interest on external debt |
MDH |
Apr/26 |
4.109 |
3.581 |
14,8 |
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| 3-(Surplus+/Deficit-) balance |
MDH |
Apr/26 |
-19.096 |
-17.543 |
8,9 |
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| 4-Net Domestic Financing |
MDH |
Apr/26 |
23.444 |
4.696 |
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| Banks |
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Apr/26 |
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28.514 |
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| Other |
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Apr/26 |
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| 5-Net Foreign Financing |
MDH |
Apr/26 |
-2.501 |
28.590 |
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| III- Central Government Debt |
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Ministry of Economy and Finance |
| 1- Outstanding debt by maturity |
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| Domestic debt |
MDH |
Q4/25 |
845.212,27 |
842.372,26 |
0,34 |
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| Short-term debt (< 1 year) |
MDH |
Q4/25 |
97.806,9 |
112.172,4 |
-12,81 |
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| Medium and long-term debt (> 1 year) |
MDH |
Q4/25 |
747.405,4 |
730.199,8 |
2,36 |
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| External debt |
MDH |
Q4/25 |
299.750,8 |
296.750,6 |
1,01 |
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| Short-term debt (< 1 year) |
MDH |
Q4/25 |
18.196,0 |
17.953,0 |
1,35 |
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| Medium and long-term debt (> 1 year) |
MDH |
Q4/25 |
281.554,8 |
278.797,6 |
0,99 |
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| Total outstanding debt |
MDH |
Q4/25 |
1.144.963,1 |
1.139.122,9 |
0,51 |
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| 2- Outstanding external debt by currency |
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| * Dollar US |
MDH |
Q4/25 |
81.590,2 |
81.651,4 |
-0,07 |
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| * Euro |
MDH |
Q4/25 |
193.124,4 |
189.507,0 |
1,91 |
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| * Japanese Yen |
MDH |
Q4/25 |
4.868,2 |
4.883,1 |
-0,31 |
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| * Other currencies |
MDH |
Q4/25 |
20.168,0 |
20.709,1 |
-2,61 |
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| 3- Outstanding guaranteed debt |
MDH |
Q4/25 |
146.575,1 |
143.431,4 |
2,19 |
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| Domestic |
MDH |
Q4/25 |
29.153 |
29.302 |
-0,51 |
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| External |
MDH |
Q4/25 |
117.422,0 |
114.129,0 |
2,89 |
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| Financial Sector |
| A/ Depository Corporations Survey |
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Bank Al-Maghrib |
| M1 |
MDH |
Apr/26 |
1.594.873 |
1.609.068 |
-0,9 |
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| M2 |
MDH |
Apr/26 |
1.792.485 |
1.806.019 |
-0,7 |
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| M3 |
MDH |
Apr/26 |
2.119.882 |
2.103.235 |
0,8 |
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| Net Foreign Assets |
MDH |
Apr/26 |
519.024 |
503.615 |
3,1 |
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| Claims on nonresidents |
MDH |
Apr/26 |
588.092 |
572.196 |
2,8 |
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| Liabilities to nonresidents |
MDH |
Apr/26 |
69.068 |
68.582 |
0,7 |
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| Domestic claims |
MDH |
Apr/26 |
1.903.788 |
1.909.910 |
-0,3 |
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- Net claims on central
government |
MDH |
Apr/26 |
348.825 |
364.720 |
-4,4 |
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| - Claims on other
sectors |
MDH |
Apr/26 |
1.554.964 |
1.545.191 |
0,6 |
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| Claims
on state and local government |
MDH |
Apr/26 |
54.158 |
42.041 |
28,8 |
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| Claims
on other financial corporations |
MDH |
Apr/26 |
462.200 |
468.568 |
-1,4 |
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| Claims
on public nonfinancial corporations |
MDH |
Apr/26 |
111.322 |
114.920 |
-3,1 |
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| Claims
on private sector |
MDH |
Apr/26 |
927.283 |
919.662 |
0,8 |
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| Less : resources of a non monetary nature |
MDH |
Apr/26 |
344.561 |
338.932 |
1,7 |
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other items (net) |
MDH |
Apr/26 |
41.723 |
54.712 |
-23,7 |
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| B/ Central Bank Survey |
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Bank Al-Maghrib |
| Claims on nonresidents |
MDH |
May/26 |
495.188 |
473.537 |
4,6 |
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| Liabilities to nonresidents |
MDH |
May/26 |
21.878 |
21.919 |
-0,2 |
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| Claims on other depository corporations |
MDH |
May/26 |
173.813 |
150.488 |
15,5 |
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| Net claims on central government |
MDH |
May/26 |
-4.714 |
-6.514 |
-27,6 |
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| Claims on other sectors |
MDH |
May/26 |
1.464 |
1.324 |
10,6 |
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| Monetary base |
MDH |
May/26 |
590.096 |
564.085 |
4,6 |
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| Other liabilities to other depository
corporations |
MDH |
May/26 |
0 |
0 |
0,0 |
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| Less : resources of a non monetary nature |
MDH |
May/26 |
28.783 |
32.034 |
-10,1 |
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| Other items
(net) |
MDH |
May/26 |
24.994 |
797 |
3.036,1 |
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| C/ Interest Rates (Daily) |
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Bank
Al-Maghrib |
| Main money market rates |
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| Government bond yield |
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| D/ Stock Exchange index (Daily) |
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| Stock exchange |
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Casablanca Stock Exchange |
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| External Sector |
| A- Balance of payments ** |
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Office des Changes |
| Current account |
MDH |
Q4/25 |
-13.390 |
-8.319 |
-5.071,0 |
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| Exports of goods (FOB) |
MDH |
Q4/25 |
189.044 |
185.489 |
3.555,0 |
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| Imports of goods (FOB) |
MDH |
Q4/25 |
-232.425 |
-224.131 |
-8.294,0 |
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| Goods: credit |
MDH |
Q4/25 |
108.006 |
94.590 |
13.416,0 |
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| Goods: debit |
MDH |
Q4/25 |
-190.793 |
-183.016 |
-7.777,0 |
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| Services: credit |
MDH |
Q4/25 |
81.038 |
90.899 |
-9.861,0 |
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| Services: debit |
MDH |
Q4/25 |
-41.632 |
-41.115 |
-517,0 |
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| Primary Income: credit |
MDH |
Q4/25 |
4.803 |
4.268 |
535,0 |
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| Primary Income: debit |
MDH |
Q4/25 |
-9.594 |
-13.656 |
4.062,0 |
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| Secondary Income: credit |
MDH |
Q4/25 |
36.680 |
41.686 |
-5.006,0 |
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| Secondary Income: debit |
MDH |
Q4/25 |
-1.898 |
-1.975 |
77,0 |
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| Capital account |
MDH |
Q4/25 |
0 |
0 |
0,0 |
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| Capital account:
credit |
MDH |
Q4/25 |
0 |
0 |
0,0 |
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| Capital account:
debit |
MDH |
Q4/25 |
0 |
0 |
0,0 |
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| Financial account |
MDH |
Q4/25 |
-10.880 |
7.673 |
-18.553,0 |
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| Direct investment:
assets |
MDH |
Q4/25 |
5.326 |
153 |
5.173,0 |
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| Direct investment:
liabilities |
MDH |
Q4/25 |
-8.961 |
-2.353 |
-6.608,0 |
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| Portfolio investment:
assets |
MDH |
Q4/25 |
-4.772 |
2.344 |
-7.116,0 |
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| Portfolio investment:
liabilities |
MDH |
Q4/25 |
9.099 |
1.396 |
7.703,0 |
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| Financial Derrivatives:
assets |
MDH |
Q4/25 |
-546 |
-553 |
7,0 |
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| Financial Derrivatives:
liabilities |
MDH |
Q4/25 |
413 |
354 |
59,0 |
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| Other investment: assets |
MDH |
Q4/25 |
-11.662 |
8.563 |
-20.225,0 |
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| Other investment:
liabilities |
MDH |
Q4/25 |
-16.703 |
-5.262 |
-11.441,0 |
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| Reserve assets |
MDH |
Q4/25 |
16.926 |
3.031 |
13.895,0 |
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| Net errors and omissions |
MDH |
Q4/25 |
2.510 |
15.992 |
-13.482,0 |
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| B- International reserves and foreign currency
liquidity |
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Bank Al-Maghrib |
| I- International reserves |
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| Gold |
MDH |
May/26 |
29.604 |
30.411 |
-2,7 |
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| SDR's |
MDH |
May/26 |
18.545 |
18.790 |
-1,3 |
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| Foreign currencies |
MDH |
May/26 |
441.398 |
418.678 |
5,4 |
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| IMF reserve position |
MDH |
May/26 |
1.888 |
1.904 |
-0,8 |
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| Total |
MDH |
May/26 |
491.435 |
469.783 |
4,6 |
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| II- Reserves Template |
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Apr/26 |
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| C- Merchandise Trade |
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Office des Changes |
| Total exports (FOB) |
MDH |
Apr/26 |
47.939 |
46.467 |
3,2 |
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| Total imports (CAF) |
MDH |
Apr/26 |
87.508 |
81.290 |
7,6 |
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| D- International Investment position |
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Office des Changes |
| Direct investment |
MDH |
Q4/25 |
-622.058,6 |
-618.053,3 |
0,6 |
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| Assets |
MDH |
Q4/25 |
115.522,7 |
109.889,2 |
5,1 |
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| Equity and investment fund
shares |
MDH |
Q4/25 |
80.078,10 |
75.338,10 |
6,3 |
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| Direct investor in direct
investment enterprises |
MDH |
Q4/25 |
80.078,10 |
75.338,10 |
6,3 |
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| Debt instruments |
MDH |
Q4/25 |
35.444,60 |
34.551,10 |
2,6 |
|
| Direct investor in direct
investment enterprises |
MDH |
Q4/25 |
35.444,60 |
34.551,10 |
2,6 |
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| Liabilities |
MDH |
Q4/25 |
737.581,3 |
727.942,5 |
1,3 |
|
| Equity and investment fund
shares |
MDH |
Q4/25 |
631.372,50 |
625.976,60 |
0,9 |
|
| Direct investor in direct
investment enterprises |
MDH |
Q4/25 |
631.372,50 |
625.976,60 |
0,9 |
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| Debt instruments |
MDH |
Q4/25 |
106.208,80 |
101.965,90 |
4,2 |
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| Direct investor in direct
investment enterprises |
MDH |
Q4/25 |
106.208,80 |
101.965,90 |
4,2 |
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| Portfolio investment |
MDH |
Q4/25 |
-166.618,9 |
-171.696,5 |
-3,0 |
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| Assets |
MDH |
Q4/25 |
30.873,6 |
35.422,1 |
-12,8 |
|
| Equity and investment fund
shares |
MDH |
Q4/25 |
17.177,66 |
17.502,46 |
-1,9 |
|
| Deposit-taking corporations,
except central bank |
MDH |
Q4/25 |
1.123,80 |
1.120,10 |
0,3 |
|
| Other sectors |
MDH |
Q4/25 |
16.053,86 |
16.382,36 |
-2,0 |
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| Other financial corporations |
MDH |
Q4/25 |
7.521,20 |
7.874,60 |
-4,5 |
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| Nonfinancial corporations,
households, and NPISHs |
MDH |
Q4/25 |
8.532,66 |
8.507,76 |
0,3 |
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| Debt securities |
MDH |
Q4/25 |
13.695,90 |
17.919,60 |
-23,6 |
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| Deposit-taking corporations,
except central bank |
MDH |
Q4/25 |
13.507,30 |
17.681,30 |
-23,6 |
|
| Other sectors |
MDH |
Q4/25 |
188,60 |
238,30 |
-20,9 |
|
| Other financial corporations |
MDH |
Q4/25 |
188,60 |
238,30 |
-20,9 |
|
| Nonfinancial corporations,
households, and NPISHs |
MDH |
Q4/25 |
- |
- |
- |
|
| Liabilities |
MDH |
Q4/25 |
197.492,5 |
207.118,6 |
-4,6 |
|
| Equity and investment fund
shares |
MDH |
Q4/25 |
49.824,50 |
55.241,60 |
-9,8 |
|
| Deposit-taking corporations,
except central bank |
MDH |
Q4/25 |
18.800,40 |
21.605,60 |
-13,0 |
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| Other sectors |
MDH |
Q4/25 |
31.024,10 |
33.636,00 |
-7,8 |
|
| Other financial corporations |
MDH |
Q4/25 |
5.345,30 |
5.180,20 |
3,2 |
|
| Nonfinancial corporations,
households, and NPISHs |
MDH |
Q4/25 |
25.678,80 |
28.455,80 |
-9,8 |
|
| Debt securities |
MDH |
Q4/25 |
147.668,00 |
151.877,00 |
-2,8 |
|
| Deposit-taking corporations,
except central bank |
MDH |
Q4/25 |
- |
- |
#DIV/0! |
|
| General government |
MDH |
Q4/25 |
93.277,00 |
93.335,00 |
-0,1 |
|
| Other sectors |
MDH |
Q4/25 |
54.391,00 |
58.542,00 |
-7,1 |
|
| Nonfinancial corporations,
households, and NPISHs |
MDH |
Q4/25 |
54.391,00 |
58.542,00 |
-7,1 |
|
| Financial derivatives (other than reserves) and employee stock options |
MDH |
Q4/25 |
187,4 |
495,8 |
-62,2 |
|
| Assets |
MDH |
Q4/25 |
400,7 |
723,7 |
-44,6 |
|
| Liabilities |
MDH |
Q4/25 |
213,3 |
227,9 |
-6,4 |
|
| Other investment |
MDH |
Q4/25 |
-418.773,0 |
-389.473,4 |
7,5 |
|
| Other equity |
MDH |
Q4/25 |
4.776,9 |
4.774,7 |
0,0 |
|
| Assets |
MDH |
Q4/25 |
4.776,9 |
4.774,7 |
0,0 |
|
| Liabilities |
MDH |
Q4/25 |
- |
- |
- |
|
| Currency and deposits |
MDH |
Q4/25 |
27.339,2 |
48.033,3 |
-43,1 |
|
| Assets |
MDH |
Q4/25 |
80.671,0 |
92.052,8 |
-12,4 |
|
| Central banks |
MDH |
Q4/25 |
538,90 |
1.167,40 |
-53,8 |
|
| Deposit-taking corporations,
except central bank |
MDH |
Q4/25 |
77.344,50 |
88.383,60 |
-12,5 |
|
| Other sectors |
MDH |
Q4/25 |
2.787,60 |
2.501,80 |
11,4 |
|
| Other financial corporations |
MDH |
Q4/25 |
31,50 |
31,40 |
0,3 |
|
| Nonfinancial corporations,
households, and NPISHs |
MDH |
Q4/25 |
2.756,10 |
2.470,40 |
11,6 |
|
| Liabilities |
MDH |
Q4/25 |
53.331,8 |
44.019,5 |
21,2 |
|
| Central banks |
MDH |
Q4/25 |
2.422,10 |
2.602,90 |
-6,9 |
|
| Deposit-taking corporations,
except central bank |
MDH |
Q4/25 |
50.909,70 |
41.416,60 |
22,9 |
|
| Loans |
MDH |
Q4/25 |
-392.495,1 |
-383.660,5 |
2,3 |
|
| Assets |
MDH |
Q4/25 |
655,9 |
607,2 |
8,0 |
|
| Deposit-taking corporations,
except central bank |
MDH |
Q4/25 |
655,90 |
607,20 |
8,0 |
|
| Liabilities |
MDH |
Q4/25 |
393.151,0 |
384.267,7 |
2,3 |
|
| Central banks |
MDH |
Q4/25 |
- |
- |
#DIV/0! |
|
| Deposit-taking corporations,
except central bank |
MDH |
Q4/25 |
10.535,60 |
10.361,30 |
1,7 |
|
| General government |
MDH |
Q4/25 |
209.507,00 |
206.159,00 |
1,6 |
|
| Other sectors |
MDH |
Q4/25 |
173.108,40 |
167.747,40 |
3,2 |
|
| Other financial corporations |
MDH |
Q4/25 |
605,40 |
602,40 |
0,5 |
|
| Nonfinancial corporations,
households, and NPISHs |
MDH |
Q4/25 |
172.503,00 |
167.145,00 |
3,2 |
|
| Insurance, pension, and
standardized guarantee schemes |
MDH |
Q4/25 |
1.098,1 |
1.517,9 |
-27,7 |
|
| Assets |
MDH |
Q4/25 |
4.201,1 |
4.660,1 |
-9,8 |
|
| Liabilities |
MDH |
Q4/25 |
3.103,0 |
3.142,2 |
-1,2 |
|
| Trade credit and advances |
MDH |
Q4/25 |
-41.687,1 |
-42.380,1 |
-1,6 |
|
| Assets |
MDH |
Q4/25 |
20.792,1 |
20.868,2 |
-0,4 |
|
| Other sectors |
MDH |
Q4/25 |
20.792,10 |
20.868,20 |
-0,4 |
|
| Nonfinancial corporations,
households, and NPISHs |
MDH |
Q4/25 |
20.792,10 |
20.868,20 |
-0,4 |
|
| Liabilities |
MDH |
Q4/25 |
62.479,2 |
63.248,3 |
-1,2 |
|
| Other sectors |
MDH |
Q4/25 |
62.479,20 |
63.248,30 |
-1,2 |
|
| Nonfinancial corporations,
households, and NPISHs |
MDH |
Q4/25 |
62.479,20 |
63.248,30 |
-1,2 |
|
| Special drawing rights (Net incurrence of liabilities) |
MDH |
Q4/25 |
-70,0 |
-70,0 |
0,0 |
|
| Liabilities |
MDH |
Q4/25 |
0,0 |
0,0 |
#DIV/0! |
|
| Special drawing rights (Net incurrence of liabilities) |
MDH |
Q4/25 |
70,0 |
70,0 |
0,0 |
|
| Other accounts receivable /
payable |
MDH |
Q4/25 |
-17.735,0 |
-17.688,7 |
0,3 |
|
| Assets |
MDH |
Q4/25 |
17.735,0 |
17.688,7 |
0,3 |
|
| Liabilities |
MDH |
Q4/25 |
17.735,00 |
17.688,70 |
0,3 |
|
| Reserve assets |
MDH |
Q4/25 |
443.272,0 |
419.783,0 |
5,6 |
|
| Net International Investment Position |
MDH |
Q4/25 |
-763.991,1 |
-758.944,4 |
0,7 |
|
| E- Exchange rate (quotidien) |
|
|
|
|
|
Bank Al-Maghrib |
| |
|
|
|
|
|
|
| GROSS
EXTERNAL DEBT |
| I - General Government |
MDH |
Q4/25 |
302.783,4 |
299.493,2 |
1,1% |
Ministry of Economy and Finance |
| a) Short-term |
MDH |
Q4/25 |
0,0 |
0,0 |
|
|
| Money
market instruments |
MDH |
Q4/25 |
|
|
|
|
| Loans |
MDH |
Q4/25 |
|
|
|
|
| Trade
credits |
MDH |
Q4/25 |
|
|
|
|
| Other
debt liabilities |
MDH |
Q4/25 |
|
|
|
|
| b) Long term |
MDH |
Q4/25 |
302.783,4 |
299.493,2 |
1,1% |
|
| Bonds
and notes |
MDH |
Q4/25 |
93.276,9 |
93.335,3 |
-0,1% |
|
| Loans |
MDH |
Q4/25 |
209.506,5 |
206.157,9 |
1,6% |
|
| Trade
credits |
MDH |
Q4/25 |
|
|
|
|
| Other
debt liabilities |
MDH |
Q4/25 |
|
|
|
|
| II - Monetary Authorities |
MDH |
Q4/25 |
20.157,1 |
20.291,6 |
-0,7% |
Bank Al-Maghrib |
| a) Short-term |
MDH |
Q4/25 |
2.422,1 |
2.602,9 |
-6,9% |
|
| Money
market instruments |
MDH |
Q4/25 |
|
|
|
|
| Loans |
MDH |
Q4/25 |
|
|
|
|
|
Currency and deposits |
MDH |
Q4/25 |
2.422,1 |
2.602,9 |
-6,9% |
|
| Other
debt liabilities |
MDH |
Q4/25 |
|
|
|
|
| b) Long term |
MDH |
Q4/25 |
17.735,0 |
17.688,7 |
0,3% |
|
| Bonds
and notes |
MDH |
Q4/25 |
|
|
|
|
| Loans |
MDH |
Q4/25 |
0,0 |
0,0 |
|
|
|
Currency and deposits |
MDH |
Q4/25 |
|
|
|
|
| Other
debt liabilities |
MDH |
Q4/25 |
17.735,0 |
17.688,7 |
0,3% |
|
| III - Banks |
MDH |
Q4/25 |
24.791,0 |
22.007,6 |
12,6% |
Bank Al-Maghrib |
| a) Short-term |
MDH |
Q4/25 |
11.668,8 |
8.472,6 |
37,7% |
|
| Money
market instruments |
MDH |
Q4/25 |
|
|
|
|
| Loans |
MDH |
Q4/25 |
6.650,6 |
4.222,0 |
57,5% |
|
|
Currency and deposits |
MDH |
Q4/25 |
4.797,7 |
4.032,0 |
19,0% |
|
| Other
debt liabilities |
MDH |
Q4/25 |
220,6 |
218,5 |
0,9% |
|
| b) Long term |
MDH |
Q4/25 |
13.122,1 |
13.535,1 |
-3,1% |
|
| Bonds
and notes |
MDH |
Q4/25 |
|
|
|
|
| Loans |
MDH |
Q4/25 |
13.122,1 |
13.535,1 |
-3,1% |
|
|
Currency and deposits |
MDH |
Q4/25 |
|
|
|
|
| Other
debt liabilities |
MDH |
Q4/25 |
|
|
|
|
| IV - Other Sectors |
MDH |
Q4/25 |
289.980,1 |
289.539,0 |
0,2% |
|
| A- State owned entreprises debt and publicly
guaranteed debt |
MDH |
Q4/25 |
207.772,5 |
206.296,3 |
0,7% |
Ministry of Economy and Finance |
| a) Short-term |
MDH |
Q4/25 |
0,0 |
0,0 |
|
|
| Money
market instruments |
MDH |
Q4/25 |
|
|
|
|
| Loans |
MDH |
Q4/25 |
|
|
|
|
|
Currency and deposits |
MDH |
Q4/25 |
|
|
|
|
| Trade
credits |
MDH |
Q4/25 |
|
|
|
|
| Other
debt liabilities |
MDH |
Q4/25 |
|
|
|
|
| b) Long term |
MDH |
Q4/25 |
207.772,5 |
206.296,3 |
0,7% |
|
| Bonds
and notes |
MDH |
Q4/25 |
54.391,0 |
58.541,8 |
-7,1% |
|
| Loans |
MDH |
Q4/25 |
153.381,5 |
147.754,5 |
3,8% |
|
|
Currency and deposits |
MDH |
Q4/25 |
|
|
|
|
| Trade
credits |
MDH |
Q4/25 |
|
|
|
|
| Other
debt liabilities |
MDH |
Q4/25 |
|
|
|
|
| B- Private debt non guaranteed by the Government |
MDH |
Q4/25 |
82.207,6 |
83.242,7 |
-1,2% |
Office
des Changes |
| a) Short-term |
MDH |
Q4/25 |
62.479,2 |
63.248,3 |
-1,2% |
|
| Money
market instruments |
MDH |
Q4/25 |
|
|
|
|
| Loans |
MDH |
Q4/25 |
0,0 |
0,0 |
- |
|
|
Currency and deposits |
MDH |
Q4/25 |
|
|
|
|
| Trade
credits |
MDH |
Q4/25 |
62.479,2 |
63.248,3 |
-1,2% |
|
| Other
debt liabilities |
MDH |
Q4/25 |
|
|
|
|
| b) Long term |
MDH |
Q4/25 |
19.728,4 |
19.994,4 |
-1,3% |
|
| Bonds
and notes |
MDH |
Q4/25 |
|
|
|
|
| Loans |
MDH |
Q4/25 |
19.728,4 |
19.994,4 |
-1,3% |
|
|
Currency and deposits |
MDH |
Q4/25 |
|
|
|
|
| Trade
credits |
MDH |
Q4/25 |
0,0 |
0,0 |
- |
|
| Other
debt liabilities |
MDH |
Q4/25 |
|
|
|
|
| V - Direct Investment |
MDH |
Q4/25 |
106.208,8 |
101.965,9 |
4,2% |
|
| Debt liabilities to direct investors |
MDH |
Q4/25 |
106.208,8 |
101.965,9 |
4,2% |
|
| Gross external debt |
MDH |
Q4/25 |
743.920,4 |
733.297,4 |
1,4% |
|
| |
|
|
|
|
|
|
| POPULATION |
| Population |
Thousands |
2024 |
36.828 |
33.848 |
8,8 |
Haut
Commissariat au Plan |
| * For Central Governement Operations,
"Previous Period" refers to the same period of the last year. |
|
|
|
|
| ** The Balance of Payments is established
according to the sixth edition of the IMF Manual. |
| Changes in balances
are expressed in millions of dirhams (MDH). |
|
|
|
|
|
|
|
|
|
|
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|
|