Economy of Morocco. Statistics, Data and Indicators

Morocco
54BBB- | Credit rank #55 |
N/A | Quality of life # |
80 | 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 | -7.2 % | 3Q/20 |
GDP Growth Rate | 2.6 % | 4Q/18 |
GDP per capita | 3396 USD | 2019 |
Inflation Rate YoY | 0.2 % | Nov/20 |
Interest Rate | 1.5 % | Dec/20 |
Unemployment Rate | 12.7 % | 3Q/20 |
Balance of Trade | -10752 MAD Million | -1.204 B USD | Nov/20 |
Current Account | 1510 MAD Million | 0.169 B USD | 3Q/20 |
Foreign Exchange Reserves | 291845 MAD Million | 32.684 B USD | Nov/20 |
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 | -7.2 % | 3Q/20 |
GDP Growth Rate | 2.6 % | 4Q/18 |
GDP per capita | 3396 USD | 2019 |
GDP Constant Prices | 234059 MAD Million | 26.212 B USD | 3Q/20 |
GDP per capita PPP | 7509 USD | 2017 |
GDP From Agriculture | 27046 MAD Million | 3.029 B USD | 3Q/20 |
GDP From Construction | 10651 MAD Million | 1.193 B USD | 3Q/20 |
GDP From Manufacturing | 32315 MAD Million | 3.619 B USD | 2020 |
GDP From Mining | 3967 MAD Million | 0.444 B USD | 3Q/20 |
GDP From Public Administration | 21791 MAD Million | 2.44 B USD | 3Q/20 |
GDP From Services | 28230 MAD Million | 3.161 B USD | 3Q/20 |
GDP From Transport | 6672 MAD Million | 0.747 B USD | 3Q/20 |
GDP From Utilities | 5884 MAD Million | 0.659 B USD | 3Q/20 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 66.1 % | 2019 |
Government Spending | 222967 MAD Million | 24.97 USD Billion | 2019 |
Government Budget to GDP | -3.6 % | 2019 |
Military Expenditure | 3465 USD Million | 3.465 B USD | 2018 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 103 index points | Nov/20 |
Food Inflation | -0.1 % | Nov/20 |
Inflation Rate YoY | 0.2 % | Nov/20 |
Producer Prices | 108 index points | Nov/20 |
Inflation Rate Mom | -0.7 % | Nov/20 |
Core Inflation Rate | 0.2 % | Nov/20 |
CPI Housing Utilities | 102 Index Points | Nov/20 |
CPI Transportation | 102 Index Points | Nov/20 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | -4.6 % | 2019 |
Balance of Trade | -10752 MAD Million | -1.204 USD Billion | Nov/20 |
Capital Flows | 7184 MAD Million | 0.805 USD Billion | 3Q/20 |
Current Account | 1510 MAD Million | 0.169 USD Billion | 3Q/20 |
Exports | 24745 MAD Million | 2.771 USD Billion | Nov/20 |
External Debt | 524035 MAD Million | 58.686 USD Billion | 4Q/19 |
Foreign Exchange Reserves | 291845 MAD Million | 32.684 USD Billion | Nov/20 |
Imports | 35497 MAD Million | 3.975 USD Billion | Nov/20 |
Tourist Arrivals | 13000000 Persons | 13 Million Persons | 2019 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Gold Reserves | 22.12 Tonnes | 3Q/20 |
Interest Rate | 1.5 % | Dec/20 |
Money Supply M1 | 995117 MAD Million | 111.443 USD Billion | Nov/20 |
Money Supply M2 | 1164080 MAD Million | 130.365 USD Billion | Nov/20 |
Money Supply M3 | 1447391 MAD Million | 162.093 USD Billion | Nov/20 |
Central Bank Balance Sheet | 420199 MAD Million | 47.058 B USD | Jul/20 |
Deposit Interest Rate | 3 % | 2019 |
Foreign Direct Investment | 4816 MAD Million | 0.539 B USD | 1Q/20 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Unemployment Rate | 12.7 % | 3Q/20 |
Youth Unemployment Rate | 32.3 % | 3Q/20 |
Employed Persons | 10166 Thousand Person | 10.166 Million Person | 3Q/20 |
Employment Rate | 37.9 % | 3Q/20 |
Unemployed Persons | 1482 Thousand Persons | 1.482 Million Persons | 3Q/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 % | 2019 |
Production Indicators
Indicator | Data | Period |
---|---|---|
Crude Oil Production | 0.16 BBL/D/1K | Sep/20 |
Industrial Production | -2.6 % | 3Q/20 |
Mining Production | 3.6 % | 4Q/19 |
Steel Production | 45 Thousand Tonnes | Aug/17 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Corruption Index | 41 index points | 2019 |
Corruption Rank | 80 place | 2019 |
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 | 60.6 index points | 3Q/20 |
Consumer Spending | 653804 MAD Million | 73.219 USD Billion | 2019 |
Gold Reserves

22.12
Tonnes
#57 from 114 countries
Foreign Exchange Reserves

32.684
USD Billion
#53 from
114 countries
Government Budget Value

N/A
N/A
#N/A from N/A countries
Inflation Rate

0.2
%
#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

12.7
%
#56 from
171 countries
Wages

N/A
N/A
#N/A from
N/A countries