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Government Finance of Morocco

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

13.7% 17.2% 21.6% 41.7%
  • Personal income taxes: 13.7%
  • Corporate income taxes: 17.2%
  • Social security contributions: 21.6%
  • Property taxes: 5.5%
  • Goods and services taxes: 41.7%
  • Other taxes: 0.2%
Show table
Personal income taxes
13.7%
Corporate income taxes
17.2%
Social security contributions
21.6%
Property taxes
5.5%
Goods and services taxes
41.7%
Other taxes
0.2%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 65.8% #60 / 184 2026
Government Gross Debt (Local currency - MAD) 1.2T - 2026
Government Net Debt (% of GDP) 65.2% #19 / 86 2026
Government Net Debt (Local currency - MAD) 1.19T - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -3.5% #112 / 189 2026
Fiscal Balance (Local currency - MAD) -64.4B - 2026
Primary Fiscal Balance (% of GDP) -1.3% #98 / 182 2026
Primary Fiscal Balance (Local currency - MAD) -22.9B - 2026

Revenue and Spending

Government Revenue (% of GDP) 28.1% #90 / 189 2026
Government Revenue (Local currency - MAD) 513B - 2026
Government Spending (% of GDP) 31.7% #86 / 189 2026
Government Spending (Local currency - MAD) 577B - 2026

International Reserves

Total Reserves (USD) 37.1B #52 / 163 2024

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