Morocco Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Morocco's reserves in months of imports was 3.8 in 2025, ranked 77th globally. This represents a 28.0% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Morocco's reserves in months of imports stood at 3.8 in 2025, a decline of +1.5 from 2024. Based on recent trends, this figure is projected to reach 3.8 by 2025. Morocco ranked 77th globally.
Morocco’s reserves in months of imports have risen markedly since the 1975 low of 1.72, reaching an all‑time peak of 11.15 in 2003 before falling to a trough of 0.65 in 1984, reflecting the volatility of external financing and commodity price shocks in the 1980s. By 2025 the country holds 3.80 months of import coverage, placing it 77th globally and positioning it close to peers such as Malaysia (3.79) and Angola (3.93). The long‑term upward trajectory, spanning 51 years, suggests that policy reforms aimed at diversifying export markets and strengthening fiscal buffers have gradually improved resilience, even though the post‑peak decline indicates continued exposure to external shocks. Assuming sustained investment in foreign exchange earnings and prudent reserve management, Morocco is likely to maintain or modestly increase its import cover, mitigating the risk of future troughs.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 2.1 | - | - |
| 2026* trend | 2.9 | - | - |
| 2025* trend | 3.8 | - | - |
| 2025 | 3.8 | −1.5 | #77 |
| 2024 | 5.3 | −0.4 | #47 |
| 2023 | 5.6 | +0.6 | #48 |
| 2022 | 5.1 | −1.7 | #54 |
| 2021 | 6.8 | −2.2 | #52 |
| 2020 | 8.9 | +3.4 | #41 |
| 2019 | 5.6 | +0.5 | #54 |
| 2018 | 5.0 | −1.0 | #57 |
| 2017 | 6.0 | −0.3 | #51 |
| 2016 | 6.3 | +0.1 | #47 |
| 2015 | 6.3 | +1.7 | #43 |
| 2014 | 4.6 | +0.0 | #61 |
| 2013 | 4.5 | +0.4 | #67 |
| 2012 | 4.1 | −0.8 | #78 |
| 2011 | 5.0 | −2.3 | #51 |
Detected Pattern
Analysis
Morocco matched the Export Boom Cycle pattern in 2006. Historically, 71% of countries showing this pattern (546 out of 768) saw reserves in months of imports improve within 24 months. View full analysis →
Frequently Asked Questions
Morocco's reserves in months of imports was 3.8 in 2025. Ranked 77th globally. This represents a 28.0% decrease from the previous year.
Morocco's reserves in months of imports peaked at 11.2 in 2003.
The lowest reserves in months of imports in Morocco was 0.6 in 1984.
Morocco ranks 77th globally in reserves in months of imports as of 2025.
The World Bank indicator code is FI.RES.TOTL.MO. Data sourced from World Bank.
Morocco's reserves in months of imports is projected to reach 3.8 by 2025 based on trend extrapolation.
The reserves in months of imports of Morocco in 2025 was 3.8. This ranks 77th in the world.
Cite this page
@misc{historysaid_morocco_reserves-months-imports,
title = {Morocco Reserves in Months of Imports},
url = {https://historysaid.com/morocco/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}