Customs revenue reached 111.2 billion dirhams (MMDH) in 2021, marking an increase of 22% compared to 2020, according to the Administration of Customs and Indirect Taxes (ADII).
“Despite the persistence of the Covid-19 pandemic and the constraints induced by the health crisis, customs revenue reached an unprecedented record in 2021”indicates the ADII in its 2021 activity report.
In terms of revenue from the general state budget, the achievements also exceeded the forecasts of the 2021 Finance Law by just over 14% (+12.9 billion dirhams), specifies the same source.
During the same year, the Value Added Tax (VAT) represented 58% of the total amount of budget revenue, followed by the Domestic Consumption Tax (TIC) with a share of 29.57%, and the duty of imports (11.12%).
Over the last 4 years, revenue from import duties has experienced a positive average increase of 7.6% with a peak recorded in 2021 (+26%).
During the same period, VAT saw its share in budget revenue fluctuate around 58% and posted an average annual increase of around 5% with an increase of 25% or +11.9 billion dirhams recorded in 2021 by compared to 2020, informs the ADII.
After 3 years of continuous decline of nearly 500 MDH per year, the Gas pipeline royalty broke with its downward trend, recording an increase of 68% in 2021, representing an average share of 0.8% of budget revenue.
In 2021, ICT also experienced a positive development of nearly 15% representing a share of 29.53% of budget revenue, with an average annual increase of 3.9% over the past four years.