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Morocco—Tax Revenue (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #43 of 139Series years: 2002–2023
Latest Value
20.7%
2023
YoY Change
-6.0%
2022 → 2023
Global Rank
#43
of 139 countries
Maximum
24.1%
2008
Minimum
16.9%
2003
CAGR
+0.9%
22 years
Last
20.7%
Previous
22.1%
Highest
24.1%
Lowest
16.9%
Unit
% of GDP
Source
World Bank World Development Indicators

Morocco's tax revenue (% of GDP) was 20.7% in 2023, ranking #43 out of 139 countries. This represents a -6.0% change from 2022. Over the past 22 years, the highest recorded value was 24.1% (2008) and the lowest was 16.9% (2003). Data sourced from the World Bank World Development Indicators.

Morocco — Tax Revenue (% of GDP): 20.7438772391509 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202320.7%-6.0%
202222.1%+12.2%
202119.7%-1.8%
202020.0%+0.5%
201919.9%-1.8%
201820.3%+0.8%
201720.1%+1.3%
201619.9%+2.2%
201519.4%-4.5%
201420.4%-1.3%
201320.6%-6.1%
201222.0%+2.4%
201121.5%+1.7%
201021.1%-2.1%
200921.5%-10.5%
200824.1%+10.8%
200721.7%+12.0%
200619.4%+2.2%
200519.0%+10.9%
200417.1%+1.5%
200316.9%-1.5%
200217.1%

Top Countries — Tax Revenue (% of GDP)

#CountryValueYear
1Lesotho35.4%2024
2Namibia33.9%2024
3Denmark33.4%2024
4New Zealand29.5%2024
5Luxembourg28.6%2024
6Macao SAR, China27.4%2024
7Greece27.4%2024
8Sweden27.2%2024
9United Kingdom26.9%2024
10South Africa25.9%2024
View all 139 countries →

About This Indicator

Definition

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2002–2023View original source →