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Morocco's Central Government Debt (% of GDP), 1990-2022

Morocco's Central Government Debt (% of GDP), 1990-2022

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TGM StatBox. (2024). Morocco's Central Government Debt (% of GDP), 1990-2022. TGM StatBox.
Chart Details
Data Source: International Monetary Fund (IMF)
Timeframe: 1990-2022
Country: Morocco
Published date: 2024
Note: The Central Government Debt (Percent of GDP) by the International Monetary Fund (IMF) refers to the total debt owed by a country's central government as a percentage of its Gross Domestic Product (GDP).
Key Takeaways
Morocco’s central government debt declined significantly during the 1990s, falling from 88.52% in 1990 to 50.64% in 2006 due to structural reforms and economic diversification efforts. The trend reversed in the 2010s as public spending increased, with debt reaching 60.46% by 2018.

The COVID-19 pandemic caused debt to spike to 72.25% in 2020 as government borrowing supported healthcare and economic recovery. By 2022, debt eased slightly to 68.79%, reflecting Morocco’s ongoing fiscal adjustments and recovery from pandemic-related disruptions.

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