Economy of Morocco. Statistics, Data and Indicators
Morocco
| 54BBB- | Credit rank #55 |
| N/A | Quality of life # |
| 86 | Corruption rank#67 |
| 53 | Ease of doing business#60 |
Morocco Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 119 USD Billion | 2019 |
| GDP Annual Growth Rate | -6 % | 4Q/20 |
| GDP Growth Rate | 2.6 % | 4Q/18 |
| GDP per capita | 3396 USD | 2019 |
| Inflation Rate YoY | 0.3 % | Feb/21 |
| Interest Rate | 1.5 % | Mar/21 |
| Unemployment Rate | 11.9 % | 4Q/20 |
| Balance of Trade | -13347 MAD Million | -1.49 B USD | Feb/21 |
| Current Account | 1171 MAD Million | 0.131 B USD | 4Q/20 |
| Foreign Exchange Reserves | 308505 MAD Million | 34.434 B USD | Feb/21 |
GDP
119
USD Billion
#63 from 174 countries
GDP per capita
3396
USD
#108 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 119 USD Billion | 2019 |
| GDP Annual Growth Rate | -6 % | 4Q/20 |
| GDP Growth Rate | 2.6 % | 4Q/18 |
| GDP per capita | 3396 USD | 2019 |
| GDP Constant Prices | 242560 MAD Million | 27.074 B USD | 4Q/20 |
| GDP per capita PPP | 7509 USD | 2017 |
| GDP From Agriculture | 26786 MAD Million | 2.99 B USD | 4Q/20 |
| GDP From Construction | 11288 MAD Million | 1.26 B USD | 4Q/20 |
| GDP From Manufacturing | 35601 MAD Million | 3.974 B USD | 2020 |
| GDP From Mining | 4314 MAD Million | 0.482 B USD | 4Q/20 |
| GDP From Public Administration | 30969 MAD Million | 3.457 B USD | 4Q/20 |
| GDP From Services | 28874 MAD Million | 3.223 B USD | 4Q/20 |
| GDP From Transport | 8022 MAD Million | 0.895 B USD | 4Q/20 |
| GDP From Utilities | 5765 MAD Million | 0.643 B USD | 4Q/20 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 77.4 % | 2020 |
| Government Spending | 222967 MAD Million | 24.887 USD Billion | 2019 |
| Government Budget to GDP | -4.1 % | 2020 |
| Military Expenditure | 3761 USD Million | 3.761 B USD | 2019 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 101 index points | Feb/21 |
| Food Inflation | -0.8 % | Feb/21 |
| Inflation Rate YoY | 0.3 % | Feb/21 |
| Producer Prices | 99.7 index points | Feb/21 |
| Inflation Rate Mom | 0.1 % | Feb/21 |
| Core Inflation Rate | 0.6 % | Feb/21 |
| CPI Housing Utilities | 102 Index Points | Feb/21 |
| CPI Transportation | 105 Index Points | Feb/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -1.8 % | 2020 |
| Balance of Trade | -13347 MAD Million | -1.49 USD Billion | Feb/21 |
| Capital Flows | 6152 MAD Million | 0.687 USD Billion | 4Q/20 |
| Current Account | 1171 MAD Million | 0.131 USD Billion | 4Q/20 |
| Exports | 24510 MAD Million | 2.736 USD Billion | Feb/21 |
| External Debt | 582935 MAD Million | 65.065 USD Billion | 4Q/20 |
| Foreign Exchange Reserves | 308505 MAD Million | 34.434 USD Billion | Feb/21 |
| Imports | 37857 MAD Million | 4.225 USD Billion | Feb/21 |
| Tourist Arrivals | 12932260 Persons | 12.932 Million Persons | 2019 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 22.12 Tonnes | 4Q/20 |
| Interest Rate | 1.5 % | Mar/21 |
| Money Supply M1 | 1010263 MAD Million | 112.761 USD Billion | Feb/21 |
| Money Supply M2 | 1181166 MAD Million | 131.837 USD Billion | Feb/21 |
| Money Supply M3 | 1475914 MAD Million | 164.735 USD Billion | Feb/21 |
| Central Bank Balance Sheet | 392123 MAD Million | 43.767 B USD | Jan/21 |
| Deposit Interest Rate | 3 % | 2019 |
| Foreign Direct Investment | 11096 MAD Million | 1.238 B USD | 3Q/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 11.9 % | 4Q/20 |
| Youth Unemployment Rate | 31.2 % | 4Q/20 |
| Employed Persons | 10542 Thousand Person | 10.542 Million Person | 4Q/20 |
| Employment Rate | 39.4 % | 4Q/20 |
| Unemployed Persons | 1429 Thousand Persons | 1.429 Million Persons | 4Q/20 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 31 % | 2020 |
| Personal Income Tax Rate | 38 % | 2020 |
| Sales Tax Rate | 20 % | 2020 |
| Social Security Rate For Companies | 18.5 % | 2020 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 0.16 BBL/D/1K | Dec/20 |
| Industrial Production | -1.2 % | 4Q/20 |
| Mining Production | 3.8 % | 3Q/20 |
| Steel Production | 45 Thousand Tonnes | Aug/17 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 40 index points | 2020 |
| Corruption Rank | 86 place | 2020 |
| Ease of Doing Business | 53 place | 2019 |
| Competitiveness Index | 60.01 Index Points | 2019 |
| Competitiveness Rank | 75 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 68.3 index points | 1Q/21 |
| Consumer Spending | 653804 MAD Million | 72.975 USD Billion | 2019 |
Gold Reserves
22.12
Tonnes
#57 from 114 countries
Foreign Exchange Reserves
34.434
USD Billion
#53 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
0.3
%
#144 from
174 countries
Interest Rate
1.5
%
#106 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
11.9
%
#56 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
