Unemployment

3.0%

0.2

Unemployment

3.7%

-0.2

CPI

3.2%

-0.6

CPI

4.3%

0.1

CPI

4.8%

-0.2

CPI

0.8%

-1.0

CPI

3.4%

-0.6

CPI

3.2%

-0.3

  1. Countries data: Demographic and economy

Country comparison Morocco vs Belgium

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Gouvernement
12,304K2023Q2Qu. GDP Per Capita [+]
Annual GDP [+]2022€127,596Mchart€554,044M2022Annual GDP [+]
Annual GDP [+]2022$134,182Mchart$582,210M2022Annual GDP [+]
GDP per capita [+]2022€3,514chart€47,4302022GDP per capita [+]
GDP per capita [+]2022$3,695chart$50,1142022GDP per capita [+]
€146,410M2023Q3Quarterly GDP [+]
Debt (M.€.) [+]202183,220chart578,0632022Debt (M.€.) [+]
Debt ($M) [+]202198,493chart608,7012022Debt ($M) [+]
Debt (%GDP) [+]202168.94%chart104.30%2022Debt (%GDP) [+]
Debt Per Capita [+]2021€2,292chart€49,1802022Debt Per Capita [+]
Debt Per Capita [+]2021$2,712chart$51,7872022Debt Per Capita [+]
Deficit (M.€) [+]2021-7,172chart-21,3452022Deficit (M.€) [+]
Deficit ($M) [+]2021-8,488chart-22,4762022Deficit ($M) [+]
Deficit (%GDP) [+]2021-5.94%chart-3.90%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202137,480.9chart294,217.92022Expenditure (M.€) [+]
Expenditure ($M) [+]202144,359.7chart309,811.42022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20207,181.6chart29,357.52018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20208,196.2chart34,685.72018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202116.86%chart12.22%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20172,362.3chart46,064,855,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20172,667.7chart48,506,292,315.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20177.49%chart15.31%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20224,982.5chart6,536.32022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20225,239.7chart6,868.52022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202212.06%chart2.23%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202131.05%chart53.50%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2021€1,032chart€25,0312022Expenditure Per Capita [+]
Expenditure Per Capita [+]2021$1,222chart$26,3582022Expenditure Per Capita [+]
Education Expenditure P.C [+]2020€200chart€2,5692018Education Expenditure P.C [+]
Education Expenditure P.C [+]2020$228chart$3,0432018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2017€61chart€3,9652022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2017$69chart$4,1752022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€137chart€5602022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$144chart$5912022Defence Expenditure P.C. [+]
Moody's Rating [+]07/01/2022Ba1Aa304/28/2023Moody's Rating [+]
S&P Rating [+]04/02/2021BB+AA11/25/2011S&P Rating [+]
Fitch Rating [+]10/23/2020BB+AA-04/03/2020Fitch Rating [+]
Corruption Index [+]202238chart732022Corruption Index [+]
Competitiveness Ranking [+]201975ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]201874.0chart29.72018Fragile States Index [+]
RTI Raking [+]202292ºchart120º2022RTI Raking [+]
Innovation Ranking [+]201876ºchart25º2018Innovation Ranking [+]
Labour
5.6%October 2023Unemployment Rate [+]
Unemployment rate [+]2016Q39.6%chart5.4%2023Q2Unemployment rate [+]
Unemployed [+]2016Q31,142Kchart285K2023Q2Unemployed [+]
NMW [+]2022$285.6chart$2,085.32023NMW [+]
NMW [+]2022€276.0chart€1,955.02023NMW [+]
$58,2642022Average Wage [+]
€55,3322022Average Wage [+]
Human Capital Ranking [+]2017118ºchart15º2017Human Capital Ranking [+]
Markets
Euro / Moroccan dirhams [+]12/11/202310.9326
US Dollar exchange rate [+]12/11/202310.1500chart0.927912/08/2023US Dollar exchange rate [+]
2.86%12/11/202310-Year Bond Yield [+]
6012/11/2023Risk Premium [+]
Stock ExchangeYTD % [+]12/11/202310.87%chart-0.17%12/08/2023Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]October 20234.3%chart0.8%November 2023CPI (overall index) [+]
-0.7%November 2023HICP [+]
-20.5%October 2023PPI Year on Year [+]
Money Market
Key rates [+]03/23/20233.00%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202053ºchart46º2020Doing Business [+]
-9.4%October 2023IPI Year on Year [+]
Passengers vehicles Year [+]December 2022143,265chart366,333December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20224.44chart36.72December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2022464,864chart276,5542022Motor vehicle production [+]
Vehicles / 1,000 people [+]2020114.60chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202127.1%chart44.8%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201320.00%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202038.0%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]201912,932,260chart9,343,3242019Annual arrivals [+]
Exports [+]2021€30,306.1Mchart€606,450.7M2022Exports [+]
Exports [+]2021$35,843.1Mchart$638,592.6M2022Exports [+]
Exports % GDP [+]202125.11%chart109.46%2022Exports % GDP [+]
Imports [+]2021€49,069.3Mchart€588,732.3M2022Imports [+]
Imports [+]2021$58,034.2Mchart$619,935.1M2022Imports [+]
Imports % GDP [+]202140.65%chart106.26%2022Imports % GDP [+]
Trade balance [+]2021€-18,763.1Mchart€17,718.4M2022Trade balance [+]
Trade balance [+]2021$-22,191.1Mchart$18,657.5M2022Trade balance [+]
Trade balance % GDP [+]2021-15.54%chart3.20%2022Trade balance % GDP [+]
-4.6%October 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201584ºchart24º2015Global AgeWatch Ranking [+]
Density [+]202181chart3852022Density [+]
Global Peace Ranking [+]202384ºchart20º2023Global Peace Ranking [+]
1.90‰2021Crude divorce rate [+]
Remittance received ($M) [+]20177,467.2chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]20200.28%chart17.36%2020% Immigrant [+]
% Emigrant [+]20209.07%chart5.00%2020% Emigrant [+]
Birth Rate [+]202117.55‰chart9.80‰2022Birth Rate [+]
Remittance sent ($M) [+]2017102.4chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]20216.17‰chart10.00‰2022Crude death rate [+]
Fertility Rate [+]20212.33chart1.602021Fertility Rate [+]
3.50‰2021Crude marriage rate [+]
% risk of poverty [+]20134.8%chart13.2%2022% risk of poverty [+]
Population [+]202136,313,000chart11,754,0042022Population [+]
Immigrant stock [+]2020102,358chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]20203,262,222chart577,4632020Emigrant stock [+]
HDI [+]20210.683chart0.9372021HDI [+]
Gender Gap Ranking [+]2023136ºchart10º2023Gender Gap Ranking [+]
Life expectancy [+]202174.04chart81.802022Life expectancy [+]
Suicides [+]20151,644chart1,7642020Suicides [+]
Suicide rate [+]20154.82chart15.132020Suicide rate [+]
Number of homicides [+]2021716chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20211.93chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20211.97chart8.222021CO2 Tons per capita [+]
Annual crude oil production [+]20220
Crude Oil Reserves [+]20210.7
Consumption GWh [+]202135,386chart83,4132021Consumption GWh [+]
Generation GWh [+]202141,151chart94,8642021Generation GWh [+]
Others
COVID-19 - Deaths [+]12/06/202316,297chart34,33912/06/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/06/20231,277,862chart4,829,92112/06/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]05/14/202323,521,989chart9,169,71709/24/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/06/2023448.79chart2,921.4712/06/2023COVID-19 - Deaths per million population [+]
Doses administered [+]05/14/202355,389,602chart29,706,05909/24/2023Doses administered [+]
Morocco
Belgium