Morocco External Debt
Total external debt stocks DT.DOD.DECT.CD
Morocco's external debt was $69.2B in 2025, ranked 23rd globally. This represents a 1.8% increase from 2024. Data from World Bank, covering 1970–2025.
Overview
Morocco's external debt stood at $69.2B in 2025, a rise of +$1.2B from 2024. Based on recent trends, this figure is projected to reach $69.2B by 2025. Morocco ranked 23rd globally.
Morocco's external debt has been steadily increasing over the years, with the latest value standing at 69,232,956,363.28 as of 2025. This places the country at the 23rd position globally, with peer countries such as Lebanon having a slightly lower debt of 66,243,520,906.42. The country's external debt peaked in 2023 at 69,632,222,212.50, indicating a slight decline in the subsequent year. In contrast, the all-time trough was recorded in 1970, the earliest year of available data, with a significantly lower debt of 984,947,643.20. Morocco's external debt has been on an upward trend for most of the 56-year coverage period. As the country continues to navigate its economic landscape, a shift in global economic conditions or significant policy changes would be necessary to alter the trajectory of its external debt.
Data & projection
| Year | External Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $70.8B | - | - |
| 2026* trend | $70.0B | - | - |
| 2025* trend | $69.2B | - | - |
| 2025 | $69.2B | +$1.2B | #23 |
| 2024 | $68.0B | −$1.6B | #96 |
| 2023 | $69.6B | +$4.7B | #99 |
| 2022 | $65.0B | −$715.6M | #98 |
| 2021 | $65.7B | −$322.5M | #98 |
| 2020 | $66.0B | +$10.7B | #99 |
| 2019 | $55.3B | +$4.6B | #96 |
| 2018 | $50.7B | −$672.0M | #96 |
| 2017 | $51.4B | +$3.5B | #99 |
| 2016 | $47.8B | +$3.2B | #100 |
| 2015 | $44.6B | +$1.3B | #99 |
| 2014 | $43.3B | +$3.9B | #97 |
| 2013 | $39.4B | +$5.5B | #95 |
| 2012 | $33.9B | +$3.9B | #94 |
| 2011 | $30.0B | +$2.7B | #93 |
Detected Pattern
Analysis
Morocco matched the Export Boom Cycle pattern in 2006. Historically, 71% of countries showing this pattern (546 out of 768) saw external debt improve within 24 months. View full analysis →
Frequently Asked Questions
Morocco's external debt was $69.2B in 2025. Ranked 23rd globally. This represents a 1.8% increase from the previous year.
Morocco's external debt peaked at $69.6B in 2023.
The lowest external debt in Morocco was $984.9M in 1970.
Morocco ranks 23rd globally in external debt as of 2025.
The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.
Morocco's external debt is projected to reach $69.2B by 2025 based on trend extrapolation.
Morocco's external debt was approximately 69.23 billion ($69.2B) in 2025.
The external debt of Morocco in 2025 was $69.2B. This ranks 23rd in the world.
Cite this page
@misc{historysaid_morocco_external-debt,
title = {Morocco External Debt},
url = {https://historysaid.com/morocco/external-debt/},
publisher = {HistorySaid},
year = {2026}
}