Morocco
Capital: RabatRegion: Middle East, North Africa, Afghanistan & PakistanIncome: Lower middle income
Morocco's GDP is $196.12B (2026), with a population of 38.1M, and GDP per capita of $5,154. Key indicators include real GDP growth of 4.2%, inflation at 1.8%, unemployment at 12.7%, government debt at 66.6% of GDP, life expectancy of 75.3 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators. Explore Morocco's full economic profile with 440+ indicators, interactive charts, and historical data below.
Source: IMF World Economic Outlook
Economy
Fiscal & Monetary
| Indicator | Value | Year |
|---|---|---|
| Inflation, Consumer Prices (%) | 1.8% | 2026 |
| Govt Gross Debt (% of GDP) | 66.6% | 2026 |
| Fiscal Balance (% of GDP) | -3.4% | 2026 |
| Current Account Balance (% of GDP) | -2.6% | 2026 |
| Unemployment Rate (%) | 12.7% | 2026 |
| Inflation, CPI (%, World Bank) | 1.0% | 2024 |
| Deposit Interest Rate (%) | 2.8% | 2024 |
| Government Revenue (% of GDP) | 26.2% | 2023 |
| Government Expenditure (% of GDP) | 26.6% | 2023 |
| Tax Revenue (% of GDP) | 20.7% | 2023 |
| Taxes on Goods & Services (% of revenue) | 42.2% | 2023 |
| Taxes on International Trade (% of revenue) | 4.4% | 2023 |
| Taxes on Income, Profits & Capital Gains (% of rev) | 30.5% | 2023 |
| Net Investment in Nonfinancial Assets (% of GDP) | 4.1% | 2023 |
| Total Reserves incl. Gold (USD) | $37.13B | 2024 |
| Total Reserves (months of imports) | 5.3 | 2024 |
| Official Exchange Rate (per USD) | 9.94 | 2024 |
| PPP Conversion Factor | 3.96 | 2024 |
| Broad Money (% of GDP) | 118.5% | 2024 |
Trade
| Indicator | Value | Year |
|---|---|---|
| Trade (% of GDP) | 92.2% | 2024 |
| Exports of Goods & Services (% of GDP) | 42.0% | 2024 |
| Imports of Goods & Services (% of GDP) | 50.2% | 2024 |
| Exports of Goods & Services (USD) | $67.45B | 2024 |
| Imports of Goods & Services (USD) | $80.61B | 2024 |
| Merchandise Exports (USD) | $45.23B | 2024 |
| Merchandise Imports (USD) | $75.70B | 2024 |
| FDI Inflows (% of GDP) | 1.0% | 2024 |
| FDI Outflows (% of GDP) | 0.4% | 2024 |
| FDI Net Inflows (USD) | $1.64B | 2024 |
| Personal Remittances Received (USD) | $12.51B | 2024 |
| Personal Remittances Received (% of GDP) | 7.8% | 2024 |
| High-Tech Exports (% of manufactured) | 5.4% | 2023 |
| Current Account Balance (% of GDP) | -1.2% | 2024 |
| Current Account Balance (USD) | $-1.87B | 2024 |
External Debt
| Indicator | Value | Year |
|---|---|---|
| External Debt (% of GNI) | 44.7% | 2024 |
| External Debt Stocks (USD) | $67.99B | 2024 |
| Total Debt Service (% of GNI) | 5.6% | 2024 |
| Present Value of External Debt (USD) | $38.02B | 2024 |
| Use of IMF Credit (USD) | $3.28B | 2024 |
| Net ODA Received (% of GNI) | 0.5% | 2023 |
| Net ODA Received (USD) | $771.7M | 2023 |
Finance
| Indicator | Value | Year |
|---|---|---|
| Domestic Credit by Financial Sector (% of GDP) | 136.4% | 2023 |
| Domestic Credit to Private Sector (% of GDP) | 80.5% | 2023 |
| Stock Market Capitalization (% of GDP) | 46.4% | 2024 |
| Stock Market Capitalization (USD) | $74.46B | 2024 |
| Stock Market Turnover (% of GDP) | 3.7% | 2024 |
| Listed Domestic Companies | 76 | 2024 |
| Bank Capital to Assets Ratio (%) | 8.0% | 2022 |
| Bank Nonperforming Loans (%) | 8.7% | 2022 |
| Account Ownership at Financial Institution (%) | 44.4% | 2024 |
| Account Ownership, Female (%) | 34.7% | 2024 |
| Account Ownership, Male (%) | 54.6% | 2024 |
| Firms Using Banks to Finance Investment (%) | 46.5% | 2023 |
Business Environment
| Indicator | Value | Year |
|---|---|---|
| Time to Get Electricity (days) | 3 | 2023 |
Private Sector
| Indicator | Value | Year |
|---|---|---|
| Firms Expected to Pay Bribes (%) | 34.7% | 2023 |
| Firms with Female Top Manager (%) | 12.3% | 2023 |
| Firms with Female Participation in Ownership (%) | 5.4% | 2023 |
| Firms Offering Training (%) | 8.8% | 2023 |
| Average Firm Age (years) | 13 years | 2023 |
| Firms Using Computers (%) | 55.4% | 2023 |
People
| Indicator | Value | Year |
|---|---|---|
| Population | 38.1M | 2024 |
| Population Growth (%) | 1.0% | 2024 |
| Population Density (per km²) | 85 | 2023 |
| Surface Area (sq km) | 446,550 | 2023 |
| Land Area (sq km) | 446,300 | 2023 |
| Urban Population (%) | 62.8% | 2024 |
| Urban Population (total) | 23.9M | 2024 |
| Rural Population (%) | 37.2% | 2024 |
| Life Expectancy at Birth | 75.3 years | 2023 |
| Life Expectancy, Male | 73.2 years | 2023 |
| Life Expectancy, Female | 77.6 years | 2023 |
| Fertility Rate (births per woman) | 2.2 | 2023 |
| Birth Rate (per 1,000) | 16.7 | 2023 |
| Death Rate (per 1,000) | 5.6 | 2023 |
| Net Migration | -56,254 | 2025 |
| Population Ages 0–14 (%) | 25.6% | 2024 |
| Population Ages 15–64 (%) | 66.2% | 2024 |
| Population Ages 65+ (%) | 8.1% | 2024 |
| Age Dependency Ratio (%) | 51.0% | 2024 |
| Old-Age Dependency Ratio (%) | 12.3% | 2024 |
| Youth Dependency Ratio (%) | 38.7% | 2024 |
| Mortality Rate, Adult Male (per 1,000) | 116.8 | 2023 |
| Mortality Rate, Adult Female (per 1,000) | 76.8 | 2023 |
Labor
| Indicator | Value | Year |
|---|---|---|
| Total Labor Force | 12.6M | 2025 |
| Labor Force Participation (%) | 43.9% | 2025 |
| Female Labor Force Participation (%) | 19.7% | 2025 |
| Male Labor Force Participation (%) | 68.1% | 2025 |
| Unemployment (%) | 9.0% | 2025 |
| Female Unemployment (%) | 10.6% | 2025 |
| Male Unemployment (%) | 8.5% | 2025 |
| Youth Unemployment (%) | 21.9% | 2025 |
| Employment in Agriculture (%) | 27.9% | 2025 |
| Employment in Industry (%) | 23.8% | 2025 |
| Employment in Services (%) | 48.3% | 2025 |
| Self-Employed (%) | 44.3% | 2022 |
| Vulnerable Employment (%) | 35.5% | 2025 |
| Wage & Salaried Workers (% of total) | 59.9% | 2025 |
| Part-Time Employment (%) | 21.2% | 2022 |
| Employers (% of total employment) | 4.5% | 2025 |
| Labor Force, Female (% of total) | 22.4% | 2025 |
| Employment to Population Ratio (%) | 40.0% | 2025 |
| Self-Employed (% of total) | 40.1% | 2025 |
| NEET Youth (% not in education/employment) | 35.3% | 2014 |
Education
| Indicator | Value | Year |
|---|---|---|
| Education Spending (% of GDP) | 6.0% | 2023 |
| Education Spending (% of govt expenditure) | 23.3% | 2024 |
| Primary School Enrollment (%) | 116.6% | 2024 |
| Secondary School Enrollment (%) | 90.0% | 2024 |
| Tertiary School Enrollment (%) | 48.2% | 2024 |
| Primary Completion Rate (%) | 106.4% | 2024 |
| Lower Secondary Completion Rate (%) | 77.2% | 2024 |
| Out-of-School Children, Primary | 18,988 | 2021 |
| Primary School Teachers | 189,855 | 2024 |
| Secondary School Teachers | 183,432 | 2024 |
| Pupil-Teacher Ratio, Primary | 27 | 2018 |
| Pupil-Teacher Ratio, Secondary | 19 | 2018 |
| Expenditure per Student, Primary (% of GDP/cap) | 37.7% | 2009 |
| Pupil-Teacher Ratio (Primary) | 93.0 | 2023 |
| Education Spending, Secondary (% of govt) | 41.9% | 2009 |
| Education Spending, Tertiary (% of govt) | 20.2% | 2009 |
Health
Energy & Environment
| Indicator | Value | Year |
|---|---|---|
| CO₂ Emissions (tonnes per capita) | 1.8 | 2024 |
| CO₂ Emissions (total kilotonnes) | 70 | 2024 |
| Energy Use (kg oil eq. per capita) | 601 | 2023 |
| Electric Power Consumption (kWh per capita) | 997 | 2023 |
| Renewable Electricity Output (%) | 19.3% | 2021 |
| Renewable Energy Consumption (%) | 10.9% | 2021 |
| Access to Electricity (%) | 100.0% | 2023 |
| Access to Clean Fuels for Cooking (%) | 98.1% | 2023 |
| PM2.5 Air Pollution (µg/m³) | 21.3 | 2020 |
| Forest Area (%) | 12.9% | 2023 |
| Forest Area (sq km) | 57,738 | 2023 |
| Arable Land (%) | 15.4% | 2023 |
| Terrestrial Protected Areas (%) | 1.4% | 2024 |
| Marine Protected Areas (%) | 0.3% | 2024 |
| Access to Basic Drinking Water (%) | 92.2% | 2024 |
| Access to Basic Sanitation (%) | 87.8% | 2024 |
Agriculture
| Indicator | Value | Year |
|---|---|---|
| Agricultural Land (%) | 66.7% | 2023 |
| Cereal Yield (kg per hectare) | 1,495 | 2023 |
| Food Production Index (2014–2016=100) | 106.1 | 2022 |
| Crop Production Index (2014–2016=100) | 106.8 | 2022 |
| Livestock Production Index (2014–2016=100) | 104.6 | 2022 |
| Land Under Cereal Production (hectares) | 3.8M | 2023 |
| Total Fisheries Production (metric tonnes) | 1.4M | 2023 |
| Fertilizer Consumption (kg per hectare) | 55.1 | 2023 |
| Prevalence of Undernourishment (%) | 7.0% | 2023 |
| Agricultural Irrigated Land (%) | 6.0% | 2019 |
| Annual Freshwater Withdrawals (% of internal) | 36.5% | 2022 |
| Cereal Production (metric tons) | 5.7M | 2023 |
Technology
| Indicator | Value | Year |
|---|---|---|
| Internet Users (%) | 91.0% | 2023 |
| Mobile Subscriptions (per 100 people) | 148 | 2023 |
| Fixed Broadband Subscriptions (per 100) | 7 | 2023 |
| Secure Internet Servers (per million) | 577.3 | 2024 |
| Patent Applications, Residents | 254 | 2021 |
| Patent Applications, Non-Residents | 2,549 | 2021 |
| Scientific Journal Articles | 8,445 | 2022 |
| High-Technology Exports (USD) | $1.72B | 2023 |
| ICT Service Exports (% of service exports) | 9.3% | 2024 |
| ICT Service Exports (USD) | $2.63B | 2024 |
| Industrial Design Applications, Resident | 3,208 | 2021 |
Infrastructure
| Indicator | Value | Year |
|---|---|---|
| Air Transport, Passengers Carried | 9.4M | 2023 |
| Air Transport, Freight (million ton-km) | 92.6 | 2023 |
| Container Port Traffic (TEU) | 8.8M | 2022 |
| Rail Lines (total km) | 2,295 | 2021 |
| Railways, Passengers (million km) | 4,464 | 2021 |
| Railways, Goods (million ton-km) | 3,148 | 2021 |
| Logistics Performance Index (1–5) | 2.54 | 2018 |
| Electricity from Oil (%) | 4.2% | 2023 |
| Electricity from Nuclear (%) | 0.0% | 2021 |
Gender
| Indicator | Value | Year |
|---|---|---|
| Women in Parliament (%) | 24.3% | 2024 |
| Female Labor Force Participation, 15+ (%) | 19.8% | 2022 |
| Female Wage & Salaried Workers (%) | 74.1% | 2025 |
| Girls Out-of-School Rate (%) | 110.8% | 2018 |
| Adolescent Fertility Rate (per 1,000) | 25.1 | 2023 |
| Gender Parity Index, Primary | 109.84 | 2018 |
| Gender Parity Index, Secondary | 0.97 | 2021 |
| Gender Parity in Primary Education | 0.97 | 2021 |
Governance
| Indicator | Value | Year |
|---|---|---|
| Control of Corruption | -0.54 | 2023 |
| Government Effectiveness | -0.04 | 2023 |
| Political Stability | -0.37 | 2023 |
| Regulatory Quality | -0.06 | 2023 |
| Rule of Law | -0.13 | 2023 |
| Voice & Accountability | -0.49 | 2023 |
| Control of Corruption (percentile rank) | 33.0% | 2023 |
| Government Effectiveness (percentile rank) | 50.0% | 2023 |
| Rule of Law (percentile rank) | 48.6% | 2023 |
| Political Stability (percentile rank) | 29.9% | 2023 |
Military
| Indicator | Value | Year |
|---|---|---|
| Military Spending (% of GDP) | 3.5% | 2024 |
| Military Expenditure (USD) | $5.52B | 2024 |
| Armed Forces Personnel | 246,000 | 2020 |
| Armed Forces (% of labor force) | 2.1% | 2020 |
| Military Spending (% of govt expenditure) | 10.7% | 2024 |
| Intentional Homicides (per 100,000) | 1.7 | 2023 |
Poverty & Inequality
| Indicator | Value | Year |
|---|---|---|
| Poverty Headcount, National (%) | 3.9% | 2022 |
Social Protection
| Indicator | Value | Year |
|---|---|---|
| Human Capital Index (0–1) | 0.50 | 2020 |
| Human Capital Index, Female | 0.52 | 2020 |
| Human Capital Index, Male | 0.49 | 2020 |
| Learning-Adjusted Years of School | 6.3 years | 2020 |
Tourism
| Indicator | Value | Year |
|---|---|---|
| International Tourism, Arrivals | 2.8M | 2020 |
| International Tourism, Departures | 646,000 | 2020 |
| Tourism Receipts (USD) | $4.51B | 2020 |
| Tourism Expenditures (USD) | $1.51B | 2020 |
| Tourism Receipts (% of total exports) | 12.0% | 2020 |
| International Tourism, Transport Services (USD) | $666.0M | 2020 |
Urban Development
| Indicator | Value | Year |
|---|---|---|
| Urban Population Growth (%) | 1.2% | 2024 |
| Population in Largest City | 4.0M | 2025 |
| Population in Largest City (% of urban) | 16.5% | 2025 |
| Population in Agglomerations >1M (% of total) | 22.8% | 2025 |
| Population in Slums (% of urban) | 10.9% | 2022 |
| Rural Population Growth (%) | 0.6% | 2024 |
| Access to Safely Managed Drinking Water (%) | 80.0% | 2024 |
| Access to Safely Managed Sanitation (%) | 8.4% | 2024 |
Explore Rankings
See where Morocco ranks globally across key indicators
Similar Economies
Countries in the same region (Middle East, North Africa, Afghanistan & Pakistan) or income group (Lower middle income)
Middle East, North Africa, Afghanistan & Pakistan
Middle East, North Africa, Afghanistan & Pakistan
Middle East, North Africa, Afghanistan & Pakistan
Middle East, North Africa, Afghanistan & Pakistan
Middle East, North Africa, Afghanistan & Pakistan
Middle East, North Africa, Afghanistan & Pakistan
Sub-Saharan Africa
South Asia