Country comparison Montenegro vs Morocco

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Gouvernement
GDP Growth (%) [+]20243.2%chart3.8%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,333K
Annual GDP [+]2024€7,645Mchart€148,427M2024Annual GDP [+]
Annual GDP [+]2024$8,272Mchart$160,606M2024Annual GDP [+]
GDP per capita [+]2024€12,260chart€3,9722024GDP per capita [+]
GDP per capita [+]2024$13,259chart$4,2982024GDP per capita [+]
Quarterly GDP [+]2025Q3€2,077M
Debt (M.€.) [+]20244,645chart100,5362024Debt (M.€.) [+]
Debt ($M) [+]20245,026chart108,7852024Debt ($M) [+]
Debt (%GDP) [+]202460.76%chart67.73%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€7,452chart€2,6902024Debt Per Capita [+]
Debt Per Capita [+]2024$8,063chart$2,9112024Debt Per Capita [+]
Deficit (M.€) [+]2024-215chart-5,8222024Deficit (M.€) [+]
Deficit ($M) [+]2024-233chart-6,2992024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.81%chart-3.92%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20243,324.0chart49,048.22024Expenditure (M.€) [+]
Expenditure ($M) [+]20243,596.6chart53,072.82024Expenditure ($M) [+]
8,130.72023Education Expenditure (M.€) [+]
8,794.02023Education Expenditure ($M) [+]
23.28%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023466.2chart4,578.32023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023504.1chart4,951.52023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.60%chart10.61%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024140.1chart5,218.32024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024151.6chart5,646.52024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.19%chart10.67%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202443.48%chart33.05%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,333chart€1,3132024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,770chart$1,4202024Expenditure Per Capita [+]
€2202023Education Expenditure P.C [+]
$2382023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€736chart€1212023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$796chart$1312023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€225chart€1402024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$243chart$1512024Defence Expenditure P.C. [+]
Moody's Rating [+]09/27/2024Ba3Ba109/27/2024Moody's Rating [+]
S&P Rating [+]08/30/2024B+BB+03/29/2024S&P Rating [+]
BB+10/23/2020Fitch Rating [+]
Corruption Index [+]202346chart382023Corruption Index [+]
Competitiveness Ranking [+]201973ºchart75º2019Competitiveness Ranking [+]
Fragile States Index [+]202456.9chart68.82024Fragile States Index [+]
RTI Raking [+]202461ºchart92º2024RTI Raking [+]
Innovation Ranking [+]202465ºchart66º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2023Q412.2%chart9.6%2016Q3Unemployment rate [+]
Unemployed [+]2023Q439Kchart1,142K2016Q3Unemployed [+]
NMW [+]2025$759.7chart$315.42024NMW [+]
NMW [+]2025€670.0chart€285.12024NMW [+]
118º2017Human Capital Ranking [+]
Markets
10.757301/20/2026Euro / Moroccan dirhams [+]
US Dollar exchange rate [+]01/20/20260.8527chart9.172001/20/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/21/2026-1.32%chart0.19%01/20/2026Stock ExchangeYTD % [+]
Prices
-0.3%November 2025CPI (overall index) [+]
HICP [+]December 20253.7%
PPI Year on Year [+]November 2025-0.5%
Money Market
Key rates [+]06/11/20252.15%chart2.25%03/20/2025Key rates [+]
Business
Doing Business [+]202050ºchart53º2020Doing Business [+]
IPI Year on Year [+]November 2025-17.6%
145,218December 2023Passengers vehicles Year [+]
4.36December 2023Annual Vehicles/ 1,000 p. [+]
535,8252023Motor vehicle production [+]
114.602020Vehicles / 1,000 people [+]
Taxes
29.9%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201921.00%chart20.00%01/01/2013Standard VAT [+]
Top tax rate + SSC [+]20209.0%chart38.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20222,036,000chart10,869,0002022Annual arrivals [+]
Exports [+]2024€614.9Mchart€38,510.8M2023Exports [+]
Exports [+]2024$665.6Mchart$41,641.7M2023Exports [+]
Exports % GDP [+]20248.04%chart28.52%2023Exports % GDP [+]
Imports [+]2024€4,068.0Mchart€63,471.8M2023Imports [+]
Imports [+]2024$4,403.1Mchart$68,632.0M2023Imports [+]
Imports % GDP [+]202453.21%chart47.00%2023Imports % GDP [+]
Trade balance [+]2024€-3,453.1Mchart€-24,960.9M2023Trade balance [+]
Trade balance [+]2024$-3,737.6Mchart$-26,990.3M2023Trade balance [+]
Trade balance % GDP [+]2024-45.17%chart-18.48%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 2025-2.1%
Socio-Demography
Global AgeWatch Ranking [+]201568ºchart84º2015Global AgeWatch Ranking [+]
Density [+]202445chart842024Density [+]
Global Peace Ranking [+]202435ºchart79º2024Global Peace Ranking [+]
Crude divorce rate [+]20211.20‰
Remittance received ($M) [+]2017426.3chart7,467.22017Remittance received ($M) [+]
% Immigrant [+]202011.44%chart0.28%2020% Immigrant [+]
% Emigrant [+]202021.42%chart9.07%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart16.70‰2023Birth Rate [+]
Remittance sent ($M) [+]201775.6chart102.42017Remittance sent ($M) [+]
Crude death rate [+]202410.20‰chart5.64‰2023Crude death rate [+]
Fertility Rate [+]20231.76chart2.232023Fertility Rate [+]
Crude marriage rate [+]20215.20‰
% risk of poverty [+]202320.0%chart3.9%2022% risk of poverty [+]
Population [+]2024623,327chart37,370,0002024Population [+]
Immigrant stock [+]202070,999chart102,3582020Immigrant stock [+]
Emigrant stock [+]2020132,965chart3,262,2222020Emigrant stock [+]
HDI [+]20220.844chart0.6982022HDI [+]
Gender Gap Ranking [+]202467ºchart137º2024Gender Gap Ranking [+]
Life expectancy [+]202377.60chart75.312023Life expectancy [+]
Suicides [+]201569chart1,6442015Suicides [+]
Suicide rate [+]201511.07chart4.822015Suicide rate [+]
Number of homicides [+]20235chart6352024Number of homicides [+]
Rate Homicides per 100.000 [+]20230.79chart1.712023Rate Homicides per 100.000 [+]
Energy and Environment
1.822023CO2 Tons per capita [+]
02024Annual crude oil production [+]
0.72021Crude Oil Reserves [+]
Consumption GWh [+]20232,719chart36,3792023Consumption GWh [+]
Generation GWh [+]20234,187chart42,3112023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20252,654chart16,30512/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025251,280chart1,279,11512/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]08/26/2022284,869chart23,521,98805/14/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20254,257.80chart436.3112/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]08/26/2022679,171chart55,389,60005/14/2023Doses administered [+]
Montenegro
Morocco