Country comparison Morocco vs Latvia

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Gouvernement
GDP Growth (%) [+]20243.8%chart2.1%2025GDP Growth (%) [+]
5,942K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€148,427Mchart€43,026M2025Annual GDP [+]
Annual GDP [+]2024$160,606Mchart$48,619M2025Annual GDP [+]
GDP per capita [+]2024€3,972chart€23,4102025GDP per capita [+]
GDP per capita [+]2024$4,298chart$26,1312025GDP per capita [+]
€11,055M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]2024100,536chart18,8022024Debt (M.€.) [+]
Debt ($M) [+]2024108,785chart20,3432024Debt ($M) [+]
Debt (%GDP) [+]202467.73%chart46.60%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€2,690chart€10,1052024Debt Per Capita [+]
Debt Per Capita [+]2024$2,911chart$10,9342024Debt Per Capita [+]
Deficit (M.€) [+]2024-5,822chart-7322024Deficit (M.€) [+]
Deficit ($M) [+]2024-6,299chart-7932024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.92%chart-1.80%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202449,048.2chart18,418.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202453,072.8chart19,346.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20238,130.7chart1,558.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20238,794.0chart1,642.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202423.28%chart9.92%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20234,578.3chart1,847.52024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20234,951.5chart1,999.72024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202310.61%chart9.91%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20245,218.3chart1,324.42024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20245,646.5chart1,423.22024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202410.67%chart7.49%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202433.05%chart45.60%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€1,313chart€9,9002024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$1,420chart$10,3982024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€220chart€8262022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$238chart$8762022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€121chart€9872024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$131chart$1,0682024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€140chart€7102024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$151chart$7572024Defence 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%January 2026Unemployment Rate [+]
Unemployment rate [+]2016Q39.6%chart6.9%2025Q3Unemployment rate [+]
Unemployed [+]2016Q31,142Kchart66K2025Q3Unemployed [+]
NMW [+]2024$315.4chart$916.52026NMW [+]
NMW [+]2024€285.1chart€780.02026NMW [+]
$21,8382024Average Wage [+]
€20,1762024Average Wage [+]
Human Capital Ranking [+]2017118ºchart28º2017Human Capital Ranking [+]
Markets
Euro / Moroccan dirhams [+]03/06/202610.7836
US Dollar exchange rate [+]03/06/20269.3108chart0.865003/06/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/06/2026-7.46%chart-2.48%03/06/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]January 2026-0.8%chart2.9%January 2026CPI (overall index) [+]
1.2%January 2026PPI Year on Year [+]
Money Market
Key rates [+]03/20/20252.25%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202053ºchart19º2020Doing Business [+]
13.3%January 2026IPI 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) [+]202430.4%chart35.4%2024Tax 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€19,604.9M2025Exports [+]
Exports [+]2023$41,641.7Mchart$22,153.1M2025Exports [+]
Exports % GDP [+]202328.52%chart45.57%2025Exports % GDP [+]
Imports [+]2023€63,471.8Mchart€23,255.2M2025Imports [+]
Imports [+]2023$68,632.0Mchart$26,277.9M2025Imports [+]
Imports % GDP [+]202347.00%chart54.05%2025Imports % GDP [+]
Trade balance [+]2023€-24,960.9Mchart€-3,650.3M2025Trade balance [+]
Trade balance [+]2023$-26,990.3Mchart$-4,124.8M2025Trade balance [+]
Trade balance % GDP [+]2023-18.48%chart-8.48%2025Trade balance % GDP [+]
5.9%January 2026Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201584ºchart35º2015Global AgeWatch Ranking [+]
Density [+]202484chart292024Density [+]
Global Peace Ranking [+]202479ºchart30º2024Global Peace Ranking [+]
2.80‰2023Crude divorce rate [+]
Remittance received ($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 [+]20232.23chart1.242024Fertility Rate [+]
5.60‰2023Crude marriage rate [+]
% risk of poverty [+]20223.9%chart22.0%2025% risk of poverty [+]
Population [+]202437,370,000chart1,860,5652024Population [+]
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 [+]202375.31chart76.702024Life expectancy [+]
Suicides [+]20151,644chart2672023Suicides [+]
Suicide rate [+]20154.82chart14.202023Suicide 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 [+]202436,901chart6,6232024Consumption GWh [+]
Generation GWh [+]202442,296chart5,9132024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/202616,305chart7,71002/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/20261,279,115chart977,79502/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]05/14/202323,521,988chart1,305,97607/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/2026436.31chart4,143.9002/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]05/14/202355,389,600chart2,979,62412/23/2023Doses administered [+]
Morocco
Latvia