Country comparison Morocco vs Latvia

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Gouvernement
5,445K2025Q1Qu. GDP Per Capita [+]
Annual GDP [+]2023€133,544Mchart€40,208M2024Annual GDP [+]
Annual GDP [+]2024$154,431Mchart$43,521M2024Annual GDP [+]
GDP per capita [+]2023€3,607chart€21,6102024GDP per capita [+]
GDP per capita [+]2023$3,901chart$23,2432024GDP per capita [+]
€10,193M2025Q1Quarterly GDP [+]
Debt (M.€.) [+]2024100,539chart18,8002024Debt (M.€.) [+]
Debt ($M) [+]2024108,789chart20,6072024Debt ($M) [+]
Debt (%GDP) [+]202470.03%chart46.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€2,716chart€10,0432024Debt Per Capita [+]
Debt Per Capita [+]2024$2,938chart$11,0092024Debt Per Capita [+]
Deficit (M.€) [+]2024-5,822chart-7062024Deficit (M.€) [+]
Deficit ($M) [+]2024-6,300chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.06%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202449,049.7chart18,366.42024Expenditure (M.€) [+]
Expenditure ($M) [+]202453,074.5chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20227,167.2chart1,814.32021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20227,551.0chart1,820.52021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202223.87%chart12.65%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,893.0chart1,829,200,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20223,042.3chart2,209,362,981.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20226.82%chart12.06%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20234,859.2chart892.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20235,255.6chart965.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202311.12%chart5.63%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202434.16%chart45.70%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€1,325chart€9,8122024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$1,434chart$10,3352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€195chart€9632021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$206chart$1,1342021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€78chart€9772024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$81chart$1,1732023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€131chart€4752023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$142chart$5132023Defence Expenditure P.C. [+]
Moody's Rating [+]09/27/2024Ba1A301/26/2024Moody's Rating [+]
S&P Rating [+]03/29/2024BB+A05/31/2024S&P Rating [+]
Fitch Rating [+]10/23/2020BB+A-04/10/2020Fitch Rating [+]
Corruption Index [+]202338chart602023Corruption Index [+]
Competitiveness Ranking [+]201975ºchart41º2019Competitiveness Ranking [+]
Fragile States Index [+]202468.8chart41.42024Fragile States Index [+]
RTI Raking [+]202492ºchart107º2024RTI Raking [+]
Innovation Ranking [+]202466ºchart42º2024Innovation Ranking [+]
Labour
6.9%May 2025Unemployment Rate [+]
Unemployment rate [+]2016Q39.6%chart7.4%2025Q1Unemployment rate [+]
Unemployed [+]2016Q31,142Kchart70K2025Q1Unemployed [+]
NMW [+]2024$315.4chart$768.82025NMW [+]
NMW [+]2024€285.1chart€740.02025NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]2017118ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Moroccan dirhams [+]07/09/202510.5450
US Dollar exchange rate [+]07/09/20259.0038chart0.854807/09/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]07/10/202527.54%chart2.51%07/10/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]May 20250.4%chart3.8%June 2025CPI (overall index) [+]
4.0%June 2025HICP [+]
-0.6%May 2025PPI Year on Year [+]
Money Market
Key rates [+]03/20/20252.25%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202053ºchart19º2020Doing Business [+]
4.0%May 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2023145,218chart33,318December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20234.36chart11.20December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023535,825
Vehicles / 1,000 people [+]2020114.60chart457.352021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202229.9%chart33.0%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201320.00%chart21.00%07/01/2012Standard VAT [+]
Top tax rate + SSC [+]202038.0%chart31.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202210,869,000chart478,0002021Annual arrivals [+]
Exports [+]2023€38,510.8Mchart€19,075.4M2024Exports [+]
Exports [+]2023$41,641.7Mchart$20,646.8M2024Exports [+]
Exports % GDP [+]202328.84%chart47.44%2024Exports % GDP [+]
Imports [+]2023€63,471.8Mchart€21,903.7M2024Imports [+]
Imports [+]2023$68,632.0Mchart$23,708.1M2024Imports [+]
Imports % GDP [+]202347.53%chart54.48%2024Imports % GDP [+]
Trade balance [+]2023€-24,960.9Mchart€-2,828.3M2024Trade balance [+]
Trade balance [+]2023$-26,990.3Mchart$-3,061.3M2024Trade balance [+]
Trade balance % GDP [+]2023-18.69%chart-7.03%2024Trade balance % GDP [+]
-1.5%May 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201584ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202383chart292023Density [+]
Global Peace Ranking [+]202479ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($M) [+]20177,467.2chart1,090.02017Remittance received ($M) [+]
% Immigrant [+]20200.28%chart12.65%2020% Immigrant [+]
% Emigrant [+]20209.07%chart20.07%2020% Emigrant [+]
Birth Rate [+]202316.70‰chart6.90‰2024Birth Rate [+]
Remittance sent ($M) [+]2017102.4chart335.22017Remittance sent ($M) [+]
Crude death rate [+]20235.64‰chart14.30‰2024Crude death rate [+]
Fertility Rate [+]20232.23chart1.362023Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
% risk of poverty [+]20223.9%chart21.6%2024% risk of poverty [+]
Population [+]202337,022,000chart1,875,3162023Population [+]
Immigrant stock [+]2020102,358chart239,4222020Immigrant stock [+]
Emigrant stock [+]20203,262,222chart380,0102020Emigrant stock [+]
HDI [+]20220.698chart0.8792022HDI [+]
Gender Gap Ranking [+]2024137ºchart30º2024Gender Gap Ranking [+]
Life expectancy [+]202375.31chart75.602023Life expectancy [+]
Suicides [+]20151,644chart2262022Suicides [+]
Suicide rate [+]20154.82chart12.292022Suicide rate [+]
Number of homicides [+]2024635chart472023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.71chart2.502023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20231.82chart3.562023CO2 Tons per capita [+]
Annual crude oil production [+]20240
Crude Oil Reserves [+]20210.7
Consumption GWh [+]202336,379chart6,8222023Consumption GWh [+]
Generation GWh [+]202342,311chart6,3602023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202416,305chart7,47508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/20241,279,115chart977,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]05/14/202323,521,989chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/2024440.41chart3,985.9908/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]05/14/202355,389,602chart2,895,71607/11/2022Doses administered [+]
Morocco
Latvia