Foreign Reserves, Months Import Cover, Goods in Morocco

Morocco: Foreign Reserves, Months Import Cover, Goods was 0.4892 in 2024. ▼ Falling

Latest (2024)
0.4892
Change on year
down 3.3%
World rank
56th
of 116 countries
All-time high
0.9713
in 2003
All-time low
0.3788
in 2012
Years of data
25
2000–2024

Foreign Reserves, Months Import Cover, Goods in Morocco, 2000–2024

00.20.40.60.812000201220242000: 0.432001: 0.7882002: 0.8542003: 0.9712004: 0.9222005: 0.7942006: 0.8712007: 0.7642008: 0.5262009: 0.7252010: 0.6652011: 0.4622012: 0.3792013: 0.4132014: 0.4442015: 0.5982016: 0.6022017: 0.5752018: 0.4762019: 0.5172020: 0.7982021: 0.6092022: 0.4422023: 0.5062024: 0.489

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for foreign reserves, months import cover, goods in Morocco is 0.4892, measured in 2024.

Compared with earlier readings it is down 3.3% on the previous year and up 10.3% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Morocco peaked at 0.9713 in 2003 and was at its lowest, 0.3788, in 2012.

That places Morocco 56th out of 116 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.7645 0.4296 0.9713 10
2010s 0.5129 0.3788 0.6649 10
2020s 0.5687 0.4417 0.7982 5

Countries ranked near Morocco

  1. 53 Guatemala 0.5234 compare
  2. 54 Egypt 0.5073 compare
  3. 55 Uganda 0.5002 compare
  4. 57 Turkey 0.4833 compare
  5. 58 Mongolia 0.4751 compare
  6. 59 New Zealand 0.4637 compare

See the full ranking of 126 places →

More reference data data for Morocco

All data for Morocco →

Frequently asked questions

What is foreign reserves, months import cover, goods in Morocco?
Foreign reserves, months import cover, goods in Morocco was 0.4892 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Morocco?
The highest recorded value was 0.9713 in 2003.
What is the lowest foreign reserves, months import cover, goods recorded in Morocco?
The lowest recorded value was 0.3788 in 2012.
How does Morocco rank for foreign reserves, months import cover, goods?
Morocco ranks 56th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Morocco?
Over the last ten years it is up 10.3%. The long-run trend across the full record is falling.
Where does this Morocco data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of Foreign Reserves, Months Import Cover, Goods. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Foreign Reserves, Months Import Cover, Goods
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
126 places, 3,278 data points, 1991–2024
Last refreshed

The stock of international reserves is expressed as the number of months of financing-coverage it represents for the given country's imports of merchandise goods.