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Morocco - Current Account Balance 1977

Name: Morocco Current Account Balance 1977
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Current account balance as % of GDP · World Bank

-16.51% −2.24% from 1976 Global rank: 2nd

Morocco's current account balance was -16.51% in 1977, decreased +2.24% from -14.27% in 1976. This was the 2nd highest globally.

Global Ranking - 1977▾

Current Account Balance by Country - 1977
Rank	Country	Value	YoY
1st	Guyana	-21.68%	-
2nd	Morocco	-16.51%	-15.7%
3rd	Bahrain	-16.29%	28.5%
4th	Mauritania	-15.30%	-38.0%
5th	Cyprus	-14.24%	-208.9%
6th	Antigua and Barbuda	-12.39%	-
7th	Norway	-12.17%	-16.8%
8th	Myanmar	-11.64%	-310.6%
9th	Tunisia	-11.09%	-26.1%
10th	Algeria	-11.09%	-
11th	Samoa	-9.90%	-
12th	Barbados	-9.59%	40.2%
13th	Mauritius	-9.34%	-89.4%
14th	Nicaragua	-8.17%	-
15th	Togo	-7.95%	-183.0%
16th	Benin	-7.55%	18.6%
17th	Niger	-7.40%	-294.6%
18th	Costa Rica	-7.34%	-
19th	Sierra Leone	-7.14%	-
20th	Honduras	-6.77%	-2.7%
21st	Peru	-6.34%	-
22nd	Tonga	-6.01%	13.7%
23rd	Botswana	-5.97%	-9.1%
24th	Panama	-5.68%	-
25th	Egypt, Arab Republic of	-5.65%	-
26th	Thailand	-5.55%	-114.3%
27th	Türkiye	-5.35%	-35.7%
28th	Pakistan	-4.83%	15.2%
29th	Lesotho	-4.76%	79.4%
30th	Portugal	-4.46%	29.2%
31st	Singapore	-4.46%	50.3%
32nd	Haiti	-3.96%	-180.7%
33rd	Chile	-3.86%	-374.5%
34th	Central African Republic	-3.72%	-
35th	Bolivia, Plurinational State of	-3.65%	-86.5%
36th	Denmark	-3.46%	19.4%
37th	Philippines	-3.38%	-
38th	Canada	-3.30%	10.5%
39th	Dominica	-3.27%	-
40th	Ecuador	-3.11%	-2,849.5%
41st	Chad	-3.05%	-
42nd	Greece	-3.01%	0.4%
43rd	Bangladesh	-2.91%	-6.6%
44th	Seychelles	-2.90%	63.3%
45th	Brazil	-2.86%	32.7%
46th	Nigeria	-2.82%	-
47th	Dominican Republic	-2.80%	14.3%
48th	Paraguay	-2.80%	30.5%
49th	Cameroon	-2.72%	-
50th	Ghana	-2.50%	6.6%
51st	Senegal	-2.28%	29.2%
52nd	Sweden	-2.25%	-25.2%
53rd	Syrian Arab Republic	-2.17%	-
54th	Iceland	-2.12%	-53.1%
55th	Israel	-1.95%	54.0%
56th	Spain	-1.86%	52.5%
57th	Sudan	-1.18%	-
58th	Tanzania	-0.84%	-101.0%
59th	Jordan	-0.79%	-137.2%
60th	United States	-0.73%	-453.9%
61st	Guatemala	-0.64%	-
62nd	Madagascar	-0.64%	50.2%
63rd	Jamaica	-0.39%	95.6%
64th	Finland	-0.30%	91.5%
65th	Nepal	-0.11%	-108.9%
66th	France	-0.10%	89.1%
67th	Zimbabwe	0.03%	-
68th	Korea	0.03%	103.0%
69th	United Kingdom	0.06%	109.3%
70th	Mali	0.51%	111.4%
71st	South Africa	0.53%	111.4%
72nd	Germany	0.65%	-9.8%
73rd	Kenya	0.82%	124.0%
74th	Italy	0.91%	171.5%
75th	Netherlands	1.11%	-66.1%
76th	El Salvador	1.27%	25.1%
77th	India	1.74%	13.5%
78th	Grenada	1.83%	-
79th	Colombia	1.93%	81.6%
80th	Argentina	1.98%	55.9%
81st	Switzerland	2.63%	-
82nd	Malaysia	3.40%	-35.8%
83rd	Sri Lanka	3.46%	2,193.1%
84th	Iran, Islamic Republic of	3.49%	-69.0%
85th	Eswatini	3.82%	-65.7%
86th	Bahamas, The	4.05%	-61.8%
87th	Trinidad and Tobago	5.83%	-44.2%
88th	Solomon Islands	6.19%	200.7%
89th	Malta	6.40%	-38.6%
90th	Papua New Guinea	6.97%	107.4%
91st	Libya	9.63%	-
92nd	Oman	10.10%	608.6%
93rd	Saudi Arabia	16.16%	-28.0%
94th	São Tomé and Principe	16.45%	1,718.3%
95th	Kuwait	32.26%	-38.9%

FAQ

What was Morocco's current account balance in 1977?▾

Morocco's current account balance in 1977 was -16.51%. This ranked 2nd globally.

How did Morocco's current account balance change in 1977?▾

Morocco's current account balance decreased by 15.7% in 1977 compared to 1976.

Which country had the highest current account balance in 1977?▾

Kuwait had the highest current account balance in 1977 at 32.26%.

What is the current account balance of Morocco in 1977?▾

The current account balance of Morocco in 1977 was -16.51%. This ranked 2nd globally.

How does 1977 compare to 1976 for Morocco's current account balance?▾

Morocco's current account balance went from -14.27% in 1976 to -16.51% in 1977, a 15.7% decrease.

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