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 | -14.9 % | 2Q/20 |
| GDP Growth Rate | 2.6 % | 4Q/18 |
| GDP per capita | 3396 USD | 2019 |
| Inflation Rate YoY | 0.9 % | Aug/20 |
| Interest Rate | 1.5 % | Sep/20 |
| Unemployment Rate | 12.3 % | 2Q/20 |
| Balance of Trade | -12745 MAD Million | -1.384 B USD | Aug/20 |
| Current Account | -8978 MAD Million | -0.975 B USD | 2Q/20 |
| Foreign Exchange Reserves | 295513 MAD Million | 32.093 B USD | Aug/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 | -14.9 % | 2Q/20 |
| GDP Growth Rate | 2.6 % | 4Q/18 |
| GDP per capita | 3396 USD | 2019 |
| GDP Constant Prices | 211598 MAD Million | 22.98 B USD | 2Q/20 |
| GDP per capita PPP | 7509 USD | 2017 |
| GDP From Agriculture | 28605 MAD Million | 3.107 B USD | 2Q/20 |
| GDP From Construction | 9898 MAD Million | 1.075 B USD | 2Q/20 |
| GDP From Manufacturing | 26654 MAD Million | 2.895 B USD | 2020 |
| GDP From Mining | 3869 MAD Million | 0.42 B USD | 2Q/20 |
| GDP From Public Administration | 21988 MAD Million | 2.388 B USD | 2Q/20 |
| GDP From Services | 26085 MAD Million | 2.833 B USD | 2Q/20 |
| GDP From Transport | 4262 MAD Million | 0.463 B USD | 2Q/20 |
| GDP From Utilities | 5233 MAD Million | 0.568 B USD | 2Q/20 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 66.1 % | 2019 |
| Government Spending | 222967 MAD Million | 24.214 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 | Aug/20 |
| Food Inflation | 1.4 % | Aug/20 |
| Inflation Rate YoY | 0.9 % | Aug/20 |
| Producer Prices | 108 index points | Aug/20 |
| Inflation Rate Mom | 1.4 % | Aug/20 |
| Core Inflation Rate | 0.6 % | Aug/20 |
| CPI Housing Utilities | 102 Index Points | Aug/20 |
| CPI Transportation | 102 Index Points | Aug/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -4.6 % | 2019 |
| Balance of Trade | -12745 MAD Million | -1.384 USD Billion | Aug/20 |
| Capital Flows | -5732 MAD Million | -0.623 USD Billion | 2Q/20 |
| Current Account | -8978 MAD Million | -0.975 USD Billion | 2Q/20 |
| Exports | 18702 MAD Million | 2.031 USD Billion | Aug/20 |
| External Debt | 524035 MAD Million | 56.911 USD Billion | 4Q/19 |
| Foreign Exchange Reserves | 295513 MAD Million | 32.093 USD Billion | Aug/20 |
| Imports | 31447 MAD Million | 3.415 USD Billion | Aug/20 |
| Tourist Arrivals | 13000000 Persons | 13 Million Persons | 2019 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 22.1 Tonnes | 2Q/20 |
| Interest Rate | 1.5 % | Sep/20 |
| Money Supply M1 | 981457 MAD Million | 106.587 USD Billion | Aug/20 |
| Money Supply M2 | 1149273 MAD Million | 124.812 USD Billion | Aug/20 |
| Money Supply M3 | 1431202 MAD Million | 155.43 USD Billion | Aug/20 |
| Central Bank Balance Sheet | 420199 MAD Million | 45.634 B USD | Jul/20 |
| Deposit Interest Rate | 3 % | 2019 |
| Foreign Direct Investment | 4816 MAD Million | 0.523 B USD | 1Q/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 12.3 % | 2Q/20 |
| Youth Unemployment Rate | 33.4 % | 2Q/20 |
| Employed Persons | 10487 Thousand Person | 10.487 Million Person | 2Q/20 |
| Employment Rate | 39.3 % | 2Q/20 |
| Unemployed Persons | 1477 Thousand Persons | 1.477 Million Persons | 2Q/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 | Jun/20 |
| Industrial Production | -21.4 % | 2Q/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 | 71.004 USD Billion | 2019 |
Gold Reserves
22.1
Tonnes
#57 from 114 countries
Foreign Exchange Reserves
32.093
USD Billion
#53 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
0.9
%
#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
12.3
%
#56 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
