Morocco Foreign Reserves
Total reserves including gold FI.RES.TOTL.CD
Morocco's foreign reserves was $36.4B in 2025, ranked 52nd globally. This represents a 2.1% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Morocco's foreign reserves stood at $36.4B in 2025, a decline of +$764.0M from 2024. Based on recent trends, this figure is projected to reach $36.4B by 2025. Morocco ranked 52nd globally.
Morocco’s foreign reserves have expanded markedly since the modest 206,112,400.00 recorded in 1960, reaching an all‑time peak of 37,133,907,722.79 in 2024 before a slight decline to 36,369,943,342.80 in 2025, placing the kingdom at 52nd globally. The early trough of 53,111,520.00 in 1964 underscores the depth of the buildup that followed successive balance‑of‑payments adjustments, export diversification and remittance inflows. Compared with peers of similar rank, Morocco’s reserve stock sits between Nigeria’s 35,280,720,739.10 and Egypt’s 39,329,384,438.13, reflecting a comparable capacity to absorb external shocks while maintaining exchange‑rate stability. The upward trajectory over the 66‑year coverage period suggests that continued fiscal prudence, higher tourism receipts and sustained foreign direct investment could further solidify reserve levels, although a sharp reversal in global commodity prices or capital outflows would likely alter the current momentum.
Data & projection
| Year | Foreign Reserves | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $37.0B | - | - |
| 2026* trend | $36.7B | - | - |
| 2025* trend | $36.4B | - | - |
| 2025 | $36.4B | −$764.0M | #52 |
| 2024 | $37.1B | +$806.2M | #51 |
| 2023 | $36.3B | +$4.0B | #48 |
| 2022 | $32.3B | −$3.3B | #54 |
| 2021 | $35.6B | −$349.4M | #51 |
| 2020 | $36.0B | +$9.6B | #51 |
| 2019 | $26.4B | +$2.0B | #54 |
| 2018 | $24.5B | −$1.7B | #55 |
| 2017 | $26.2B | +$1.1B | #52 |
| 2016 | $25.1B | +$2.3B | #52 |
| 2015 | $22.7B | +$2.5B | #53 |
| 2014 | $20.3B | +$1.5B | #54 |
| 2013 | $18.8B | +$1.7B | #55 |
| 2012 | $17.1B | −$3.0B | #56 |
| 2011 | $20.2B | −$3.5B | #53 |
Detected Pattern
Analysis
Morocco matched the Export Boom Cycle pattern in 2006. Historically, 71% of countries showing this pattern (546 out of 768) saw foreign reserves improve within 24 months. View full analysis →
Frequently Asked Questions
Morocco's foreign reserves was $36.4B in 2025. Ranked 52nd globally. This represents a 2.1% decrease from the previous year.
Morocco's foreign reserves peaked at $37.1B in 2024.
The lowest foreign reserves in Morocco was $53.1M in 1964.
Morocco ranks 52nd globally in foreign reserves as of 2025.
The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.
Morocco's foreign reserves is projected to reach $36.4B by 2025 based on trend extrapolation.
Morocco's foreign reserves was approximately 36.37 billion ($36.4B) in 2025.
The foreign reserves of Morocco in 2025 was $36.4B. This ranks 52nd in the world.
Cite this page
@misc{historysaid_morocco_reserves,
title = {Morocco Foreign Reserves},
url = {https://historysaid.com/morocco/reserves/},
publisher = {HistorySaid},
year = {2026}
}