Morocco House Prices Growth

2007 - 2024 | Quarterly | % | Bank Al-Maghrib

Key information about House Prices Growth

  • Morocco house prices dropped 0.4% YoY in Sep 2024, following a decrease of 0.4% YoY in the previous quarter.
  • YoY growth data is updated quarterly, available from Mar 2007 to Sep 2024, with an average growth rate of 0.3%.
  • House price data reached an all-time high of 7.6% in Mar 2017 and a record low of -6.0% in Dec 2021.

Property Price Index is calculated following the repeat-sales method which takes into consideration only properties sold at least twice during the period under review.

View Morocco's House Prices Growth from Mar 2007 to Sep 2024 in the chart:

Morocco House Prices Growth

What was Morocco's House Prices Growth in Sep 2024?

Morocco house prices dropped 0.4% YoY in Sep 2024, following a decrease of 0.4% YoY in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-0.4 Sep 2024 -0.4 Jun 2024 -6.0 Dec 2021 7.6 Mar 2017 % quarterly Mar 2007 - Sep 2024

House Prices Growth by Country Comparison

country/region Last Frequency Range
Australia (%) 6.6 Sep 2024 quarterly Sep 2004 - Sep 2024
Austria (%) -3.2 Jun 2024 quarterly Sep 1987 - Jun 2024
Belarus (%) -2.5 Dec 2021 quarterly Mar 2010 - Dec 2021
Belgium (%) 3.8 Sep 2024 quarterly Mar 1974 - Sep 2024
Bosnia and Herzegovina (%) 17.0 2022 yearly 2009 - 2022
Brazil (%) 7.3 Nov 2024 monthly Jan 2009 - Nov 2024
Brunei (%) -0.8 Jun 2024 quarterly Mar 2016 - Jun 2024
Bulgaria (%) 15.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Canada (%) 0.2 Nov 2024 monthly Jan 1982 - Nov 2024
Chile (%) -1.7 Sep 2024 monthly Jan 2004 - Sep 2024
China (%) -4.8 Nov 2024 monthly Mar 1999 - Nov 2024
Colombia (%) 10.4 Sep 2024 quarterly Mar 1998 - Sep 2024
Croatia (%) 1.8 Dec 2023 semiannually Jun 1996 - Dec 2023
Cyprus (%) 8.0 Jun 2024 quarterly Mar 2007 - Jun 2024
Czech Republic (%) 1.0 Mar 2023 quarterly Mar 2006 - Mar 2023
Denmark (%) 12.3 Jan 2022 monthly Jan 2007 - Jan 2022
Estonia (%) -1.5 Dec 2024 quarterly Sep 2004 - Dec 2024
European Union (%) 2.9 Jun 2024 quarterly Mar 2006 - Jun 2024
Finland (%) 2.0 Dec 2017 quarterly Mar 2011 - Dec 2017
France (%) -4.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Georgia (%) 7.8 Jun 2021 monthly May 2016 - Jun 2021
Germany (%) -0.7 Sep 2024 quarterly Mar 2001 - Sep 2024
Greece (%) 9.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Hong Kong SAR, China (%) -7.8 Nov 2024 monthly Jan 1994 - Nov 2024
Hungary (%) 10.4 Jun 2024 quarterly Mar 2008 - Jun 2024
Iceland (%) 8.7 Dec 2024 monthly Mar 2001 - Dec 2024
India (%) 2.6 Sep 2024 quarterly Mar 2011 - Sep 2024
Indonesia (%) 1.5 Sep 2024 quarterly Mar 2003 - Sep 2024
Ireland (%) 9.7 Oct 2024 monthly Jan 2006 - Oct 2024
Israel (%) 6.7 Sep 2024 monthly Jan 1995 - Sep 2024
Italy (%) 3.9 Sep 2024 quarterly Mar 2011 - Sep 2024
Japan (%) 4.5 Sep 2024 monthly Apr 2009 - Sep 2024
Kazakhstan (%) 3.7 Nov 2024 monthly Nov 2013 - Nov 2024
South Korea (%) -0.2 Dec 2024 monthly Jan 1987 - Dec 2024
Latvia (%) 17.3 Mar 2022 quarterly Mar 2007 - Mar 2022
Lithuania (%) 13.1 Mar 2023 quarterly Mar 2007 - Mar 2023
Luxembourg (%) -1.7 Sep 2024 quarterly Mar 2008 - Sep 2024
North Macedonia (%) 4.7 Mar 2024 quarterly Mar 2001 - Mar 2024
Malaysia (%) 0.9 Jun 2024 quarterly Mar 2000 - Jun 2024
Malta (%) 4.1 Sep 2024 quarterly Mar 2001 - Sep 2024
Mexico (%) 9.2 Sep 2024 quarterly Mar 2006 - Sep 2024
Mongolia (%) 12.3 Sep 2024 quarterly Mar 2023 - Sep 2024
Montenegro (%) 12.8 Sep 2024 quarterly Mar 2012 - Sep 2024
Morocco (%) -0.4 Sep 2024 quarterly Mar 2007 - Sep 2024
Netherlands (%) 12.0 Nov 2024 monthly Jan 1996 - Nov 2024
New Zealand (%) 1.6 Jun 2024 quarterly Dec 1990 - Jun 2024
Norway (%) 3.3 Sep 2024 quarterly Mar 1993 - Sep 2024
Palestinian Territory (%) -0.6 Sep 2024 quarterly Mar 2019 - Sep 2024
Peru (%) 7.0 Dec 2021 quarterly Dec 2008 - Dec 2021
Philippines (%) -2.3 Sep 2024 quarterly Mar 2015 - Sep 2024
Poland (%) 16.3 Sep 2024 quarterly Dec 2006 - Sep 2024
Portugal (%) 9.8 Sep 2024 quarterly Mar 2010 - Sep 2024
Romania (%) 7.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Russia (%) 11.8 Dec 2022 quarterly Mar 2006 - Dec 2022
Serbia (%) -5.0 Dec 2023 semiannually Jun 1995 - Dec 2023
Singapore (%) 4.4 Sep 2024 quarterly Mar 1976 - Sep 2024
Slovakia (%) 3.4 Sep 2024 quarterly Mar 2006 - Sep 2024
Slovenia (%) 7.9 Sep 2024 quarterly Mar 2008 - Sep 2024
South Africa (%) 7.3 Nov 2016 monthly Jan 1967 - Nov 2016
Spain (%) 4.0 Oct 2024 monthly Jan 2002 - Oct 2024
Sweden (%) 1.6 Sep 2024 quarterly Mar 1987 - Sep 2024
Switzerland (%) 1.9 Sep 2024 quarterly Mar 1971 - Sep 2024
Taiwan (%) 12.5 Sep 2024 quarterly Mar 2002 - Sep 2024
Thailand (%) 8.5 Sep 2021 monthly Mar 2009 - Sep 2021
Turkey (%) 29.4 Nov 2024 monthly Jan 2011 - Nov 2024
Ukraine (%) 10.5 Sep 2024 quarterly Mar 2017 - Sep 2024
United Kingdom (%) 3.7 Nov 2024 monthly Jan 1992 - Nov 2024
United States (%) 5.2 Sep 2024 quarterly Mar 1992 - Sep 2024

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Morocco Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.0 2023 yearly 1980 - 2023
Consolidated Fiscal Balance (USD mn) -4,585.161 Nov 2024 monthly Jan 2000 - Nov 2024
Tax Revenue (USD mn) 27,207.847 2023 yearly 1980 - 2023
Tax Revenue: % of GDP (%) 22.6 Jun 2024 quarterly Mar 2007 - Jun 2024
National Government Debt (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Government Debt: % of GDP (%) 71.5 2022 yearly 1994 - 2022
Forecast: Government Expenditure (MAD bn) 612.407 2029 yearly 1990 - 2029
Forecast: Government Net Debt (MAD bn) 1,340.928 2029 yearly 1990 - 2029
Forecast: Government Revenue (MAD bn) 549.147 2029 yearly 1990 - 2029
Treasury Expenditure: ytd (MAD mn) 382,642.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury Revenue: ytd: Ordinary (MAD mn) 316,211.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury: ytd: Net Financing (MAD mn) -55,844.000 Nov 2024 monthly Jan 2001 - Nov 2024
Treasury: ytd: Surplus or Deficit (MAD mn) -45,642.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury Expenditure: ytd: Ordinary (MAD mn) 294,402.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury Revenue: ytd: Ordinary: Fiscal (MAD mn) 275,799.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury Expenditure: ytd: Investment (MAD mn) 88,240.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury Revenue: ytd: Ordinary: Fiscal: Direct Tax (MAD mn) 118,004.000 Nov 2024 monthly Jan 2000 - Nov 2024
Central Government Debt: Outstanding: Medium and Long Term: Foreign (MAD mn) 228,858.900 Dec 2022 quarterly Dec 2006 - Dec 2022
Central Government Debt: Outstanding: Medium and Long Term: Domestic (MAD mn) 675,391.990 Dec 2022 quarterly Dec 2006 - Dec 2022
Central Government Debt: Outstanding: Short Term: Domestic (MAD mn) 47,523.900 Dec 2022 quarterly Dec 2006 - Dec 2022
Central Government Debt: Outstanding: Medium and Long Term (MAD mn) 904,250.890 Dec 2022 quarterly Dec 2006 - Dec 2022
Central Government Debt: Outstanding (MAD mn) 951,774.790 Dec 2022 quarterly Dec 2006 - Dec 2022
Central Government Debt: Outstanding: Short Term (MAD mn) 47,523.900 Dec 2022 quarterly Dec 2006 - Dec 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.695 2028 yearly 1980 - 2028
Trade Balance (USD mn) -2,603.5 Nov 2024 monthly Jan 1957 - Nov 2024
Total Exports (USD mn) 4,004.8 Nov 2024 monthly Jan 1996 - Nov 2024
Total Exports Growth (%) -5.8 Nov 2024 monthly Jan 1997 - Nov 2024
Aluminum: Exports (USD th) 83,295.570 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 86,838.033 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 30,421.033 2023 yearly 1995 - 2023
Total Imports (USD mn) 6,608.3 Nov 2024 monthly Jan 1996 - Nov 2024
Total Imports Growth (%) 5.6 Nov 2024 monthly Jan 1997 - Nov 2024
Imports: Medicament (USD th) 619,251.278 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 367,131.053 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 143.690 Sep 2024 monthly Jan 1996 - Sep 2024
Total Imports from USA (USD mn) 607.047 Sep 2024 monthly Jan 1980 - Sep 2024
Total Exports to China (USD mn) 30.621 Sep 2024 monthly Jan 1996 - Sep 2024
Total Imports from China (USD mn) 870.654 Sep 2024 monthly Jul 1981 - Sep 2024
Exports: Value (MAD mn) 39,865.000 Nov 2024 monthly Jan 1996 - Nov 2024
Imports (MAD mn) 65,781.000 Nov 2024 monthly Jan 1996 - Nov 2024
Imports: Oil (MAD mn) 988.433 Sep 2024 monthly Jan 1998 - Sep 2024
Exports: Food, Beverages and Tobacco (MAD) 4,789,749,605.000 Sep 2024 monthly Jan 1996 - Sep 2024
Exports: Semi Finished Products (MAD) 8,725,454,529.000 Sep 2024 monthly Jan 1996 - Sep 2024
Exports: Raw Materials: Mineral Origin (MAD) 1,586,269,860.000 Sep 2024 monthly Jan 1996 - Sep 2024
Exports: Finished Products: Consumption (MAD) 12,614,032,713.000 Sep 2024 monthly Jan 1996 - Sep 2024
Exports: Finished Products: Industrial Equipment (MAD) 7,349,456,374.000 Sep 2024 monthly Jan 1996 - Sep 2024
Exports: Value: excl Phosphate and Derivatives (MAD mn) 29,517.950 Sep 2024 monthly Jan 1998 - Sep 2024
Exports: Value: Phosphate and Derivatives: Phosphoric Acid (MAD mn) 1,171.684 Sep 2024 monthly Jan 1998 - Sep 2024
Exports: Value: Phosphate and Derivatives: Phosphate (MAD mn) 781.020 Sep 2024 monthly Jan 1998 - Sep 2024
Exports: Value: Phosphate and Derivatives: Natural and Chemical Fertilizers (MAD mn) 4,946.346 Sep 2024 monthly Jan 1998 - Sep 2024
Exports: Value: Phosphate and Derivatives (MAD mn) 6,899.050 Sep 2024 monthly Jan 1998 - Sep 2024
Exports: America: ow United States of America (MAD) 1,397,227,143.000 Sep 2024 monthly Jan 1996 - Sep 2024
Exports: Asia: ow India (MAD) 2,049,781,670.000 Sep 2024 monthly Jan 1996 - Sep 2024
Exports: Europe: ow France (MAD) 6,945,280,345.000 Sep 2024 monthly Jan 1996 - Sep 2024
Exports: Europe: ow Spain (MAD) 8,390,869,093.000 Sep 2024 monthly Jan 1996 - Sep 2024
Exports: Asia: ow China (MAD) 297,756,417.000 Sep 2024 monthly Jan 1996 - Sep 2024
Re-Exports (MAD mn) 127,670.514 2023 yearly 1993 - 2023
Imports: Finished Products: Consumption (MAD) 16,511,429,783.000 Sep 2024 monthly Dec 1995 - Sep 2024
Imports: Finished Products: Industrial Equipment (MAD) 14,896,279,257.000 Sep 2024 monthly Dec 1995 - Sep 2024
Imports: Semi Finished Products (MAD) 13,377,045,501.000 Sep 2024 monthly Dec 1995 - Sep 2024
Imports: Food, Beverages and Tobacco (MAD) 6,574,257,212.000 Sep 2024 monthly Dec 1995 - Sep 2024
Imports: Energy and Lubricants (MAD) 8,418,143,967.000 Sep 2024 monthly Dec 1995 - Sep 2024
Imports: Europe: ow Germany (MAD) 3,401,799,783.000 Sep 2024 monthly Jan 1996 - Sep 2024
Imports: Europe: ow Spain (MAD) 8,876,879,980.000 Sep 2024 monthly Jan 1996 - Sep 2024
Imports: Europe: ow France (MAD) 5,504,192,240.000 Sep 2024 monthly Jan 1996 - Sep 2024
Imports: Asia: ow China (MAD) 8,466,128,133.000 Sep 2024 monthly Jan 1996 - Sep 2024
Import Value Index (2015=100) 152.320 2021 yearly 1980 - 2021
Export Value Index (2015=100) 160.484 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 170.3 Sep 2024 quarterly Mar 2003 - Sep 2024
Current Account Balance (USD mn) -811.5 Sep 2024 quarterly Mar 2014 - Sep 2024
Current Account Balance: % of GDP (%) -3.6 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Direct Investment (USD mn) 636.9 Sep 2024 quarterly Mar 2014 - Sep 2024
Foreign Direct Investment: % of GDP (%) 1.2 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Portfolio Investment (USD mn) -155.902 Sep 2024 quarterly Mar 2014 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 1.4 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -8.3 Jun 2024 quarterly Mar 2003 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 516.994 Jun 2024 quarterly Mar 2003 - Jun 2024
External Debt (USD mn) 64,781.6 Dec 2022 quarterly Dec 2006 - Dec 2022
External Debt: % of GDP (%) 50.9 2022 yearly 1970 - 2022
External Debt: Short Term (USD mn) 9,945.2 Dec 2022 quarterly Dec 2006 - Dec 2022
External Debt: Short Term: % of GDP (%) 7.8 2022 yearly 1970 - 2022
Forecast: Current Account Balance (USD bn) -6.645 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -79,730.918 2023 yearly 2002 - 2023
BoP: CA: Secondary Income: Credit (MAD mn) 39,409.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: FA: Other Investment (OI) (MAD mn) 6,763.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: GS: Services: Debit (MAD mn) 36,556.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: Secondary Income (MAD mn) 37,630.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: Secondary Income: Debit (MAD mn) 1,779.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: FA: Reserve Assets (MAD mn) -7,130.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: GS: Goods: Credit (MAD mn) 86,941.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: Net Errors and Omissions (MAD mn) 9,117.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: Primary Income: Debit (MAD mn) 13,717.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: Financial Account (FA) (MAD mn) 1,174.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: Primary Income (MAD mn) -11,040.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: Debit (MAD mn) 216,093.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: Credit (MAD mn) 208,150.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: GS: Goods (MAD mn) -77,100.000 Sep 2024 quarterly Mar 2014 - Sep 2024
Balance of Payments (BoP): Current Account (CA) (MAD mn) -7,943.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: GS: Goods: Debit (MAD mn) 164,041.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: FA: Portfolio Investment (MAD mn) 5,949.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: FA: Financial Derivatives (MAD mn) 159.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: GS: Services: Credit (MAD mn) 79,123.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: GS: Services (MAD mn) 42,567.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: FA: Direct Investment (DI) (MAD mn) -4,567.000 Sep 2024 quarterly Mar 2014 - Sep 2024
BoP: CA: Primary Income: Credit (MAD mn) 2,677.000 Sep 2024 quarterly Mar 2014 - Sep 2024
International Investment Position (IIP): Net (MAD mn) -791,520.400 2022 yearly 2013 - 2022
International Investment Position (IIP): Assets (MAD mn) 532,845.100 2022 yearly 2013 - 2022
International Investment Position (IIP): Liabilities (MAD mn) 1,324,365.500 2022 yearly 2013 - 2022
External Debt: Public: Service Payments (MAD mn) 11,885.000 Jun 2023 quarterly Mar 2003 - Jun 2023
External Debt: Public: Service Payments: Interests (MAD mn) 4,270.000 Jun 2023 quarterly Mar 2003 - Jun 2023
External Debt: Gross (MAD mn) 676,819.045 Dec 2022 quarterly Dec 2006 - Dec 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 8.7 Nov 2024 monthly Dec 2001 - Nov 2024
Household Debt: % of GDP (%) 23.5 2023 yearly 2001 - 2023
Non-Performing Loans (USD mn) 9,811.110 Nov 2024 monthly Dec 2001 - Nov 2024
Money Supply M1 (USD mn) 136,434.714 Nov 2024 monthly Jan 1985 - Nov 2024
Money Supply M2 (USD mn) 155,291.872 Nov 2024 monthly Jan 1985 - Nov 2024
M2 Growth (%) 7.9 Nov 2024 monthly Jan 1986 - Nov 2024
Reserve Requirement Ratio (%) 0.0 Dec 2024 monthly Oct 1990 - Dec 2024
Foreign Exchange Reserves (USD mn) 33,140.0 Dec 2024 monthly Dec 2001 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 22.019 Jun 2024 quarterly Dec 2007 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 5.0 Nov 2024 monthly Dec 2001 - Nov 2024
Gold Reserves (USD mn) 1,859.007 Dec 2024 monthly Jan 1960 - Dec 2024
Total Deposits (USD mn) 138,989.916 2023 yearly 1960 - 2023
Domestic Credit (USD mn) 172,023.8 Nov 2024 monthly Dec 2001 - Nov 2024
Domestic Credit Growth (%) 6.3 Nov 2024 monthly Dec 2002 - Nov 2024
Household Debt (USD mn) 35,083.1 Nov 2024 monthly Dec 2001 - Nov 2024
Total Loans (USD mn) 112,228.123 Nov 2024 monthly Dec 2001 - Nov 2024
Total Loans Growth (%) 4.06 Nov 2024 monthly Dec 2002 - Nov 2024
Private Debt: % of Nominal GDP (%) 55.86 Jun 2024 quarterly Dec 2007 - Jun 2024
Money Supply: M3: M2 (MAD mn) 1,553,275.891 Nov 2024 monthly Jan 1985 - Nov 2024
Money Supply: M3 (MAD mn) 1,855,968.673 Nov 2024 monthly Jan 1985 - Nov 2024
Money Supply: M3: M2: M1 (MAD mn) 1,364,660.941 Nov 2024 monthly Jan 1985 - Nov 2024
Official Reserve Assets: Foreign Currency Reserves (FC) (MAD mn) 334,820.360 Dec 2024 monthly Dec 2001 - Dec 2024
Official Reserve Assets (MAD mn) 376,007.377 Dec 2024 monthly Dec 2001 - Dec 2024
Official Reserve Assets: Gold: incl Gold Deposits and Gold Swapped (MAD mn) 8,725.790 Jan 2019 monthly Dec 2001 - Jan 2019
Banks Loans: Consumer (MAD mn) 58,668.936 Nov 2024 monthly Dec 2001 - Nov 2024
Banks Loans: Non Performing (MAD mn) 98,133.664 Nov 2024 monthly Dec 2001 - Nov 2024
Banks Loans: Mortgage (MAD mn) 310,268.045 Nov 2024 monthly Dec 2001 - Nov 2024

More Indicators for Morocco

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