AfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweCompare Morocco Portugal GouvernementGDP Growth (%) [+]20243.8%2.1%2024GDP Growth (%) [+]7,224K2025Q3Qu. GDP Per Capita [+]Annual GDP [+]2024€148,427M€289,428M2024Annual GDP [+]Annual GDP [+]2024$160,606M$313,271M2024Annual GDP [+]GDP per capita [+]2024€3,972€27,0602024GDP per capita [+]GDP per capita [+]2024$4,298$28,8872024GDP per capita [+]€77,659M2025Q3Quarterly GDP [+]Debt (M.€.) [+]2024100,536270,8812024Debt (M.€.) [+]Debt ($M) [+]2024108,785292,9372024Debt ($M) [+]Debt (%GDP) [+]202467.73%93.60%2024Debt (%GDP) [+]Debt Per Capita [+]2024€2,690€25,1992024Debt Per Capita [+]Debt Per Capita [+]2024$2,911$27,2512024Debt Per Capita [+]Deficit (M.€) [+]2024-5,8221,4512024Deficit (M.€) [+]Deficit ($M) [+]2024-6,2992,1582024Deficit ($M) [+]Deficit (%GDP) [+]2024-3.92%0.50%2024Deficit (%GDP) [+]Expenditure (M.€) [+]202449,048.2123,174.32024Expenditure (M.€) [+]Expenditure ($M) [+]202453,072.8131,975.92024Expenditure ($M) [+]Education Expenditure (M.€) [+]20238,130.711,104.02022Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20238,794.011,693.02022Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202423.28%10.39%2022Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20234,578.318,166,992,000.02024Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20234,951.519,663,588,801.02024Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202310.61%14.56%2023Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]20245,218.34,434.82024Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]20245,646.54,800.22024Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]202410.67%3.57%2024Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202433.05%42.60%2024Expenditure (%GDP) [+]Expenditure Per Capita [+]2024€1,313€11,4582024Expenditure Per Capita [+]Expenditure Per Capita [+]2024$1,420$12,2772024Expenditure Per Capita [+]Education Expenditure P.C [+]2023€220€1,0612022Education Expenditure P.C [+]Education Expenditure P.C [+]2023$238$1,1182022Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2023€121€1,7072024Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2023$131$1,8482024Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2024€140€4152024Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2024$151$4432024Defence Expenditure P.C. [+]Moody's Rating [+]09/27/2024Ba1A311/17/2023Moody's Rating [+]S&P Rating [+]03/29/2024BB+A+08/29/2025S&P Rating [+]Fitch Rating [+]10/23/2020BB+BBB+10/28/2022Fitch Rating [+]Corruption Index [+]202338612023Corruption Index [+]Competitiveness Ranking [+]201975º34º2019Competitiveness Ranking [+]Fragile States Index [+]202468.825.92024Fragile States Index [+]RTI Raking [+]202492º95º2024RTI Raking [+]Innovation Ranking [+]202466º31º2024Innovation Ranking [+]Labour5.7%November 2025Unemployment Rate [+]Unemployment rate [+]2016Q39.6%5.8%2025Q3Unemployment rate [+]Unemployed [+]2016Q31,142K327K2025Q3Unemployed [+]NMW [+]2024$315.4$1,150.92025NMW [+]NMW [+]2024€285.1€1,015.02025NMW [+]$24,4492024Average Wage [+]€22,5882024Average Wage [+]Human Capital Ranking [+]2017118º43º2017Human Capital Ranking [+]MarketsEuro / Moroccan dirhams [+]01/15/202610.7260US Dollar exchange rate [+]01/15/20269.22160.860801/16/2026US Dollar exchange rate [+]3.23%01/16/202610-Year Bond Yield [+]3801/16/2026Risk Premium [+]Stock ExchangeYTD % [+]01/16/20261.88%4.54%01/16/2026Stock ExchangeYTD % [+]PricesCPI (overall index) [+]November 2025-0.3%2.2%December 2025CPI (overall index) [+]2.4%December 2025HICP [+]-3.8%November 2025PPI Year on Year [+]Money MarketKey rates [+]03/20/20252.25%2.15%06/11/2025Key rates [+]BusinessDoing Business [+]202053º39º2020Doing Business [+]0.5%November 2025IPI Year on Year [+]Passengers vehicles Year [+]December 2023145,218403,673December 2024Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 20234.3617.62December 2022Annual Vehicles/ 1,000 p. [+]Motor vehicle production [+]2023535,825318,2312023Motor vehicle production [+]Vehicles / 1,000 people [+]2020114.60644.112021Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202229.9%36.9%2024Tax Revenue (%GDP) [+]Standard VAT [+]01/01/201320.00%23.00%01/01/2011Standard VAT [+]Top tax rate + SSC [+]202038.0%58.2%2022Top tax rate + SSC [+]TradeAnnual arrivals [+]202210,869,00016,308,0002022Annual arrivals [+]Exports [+]2023€38,510.8M€78,895.0M2024Exports [+]Exports [+]2023$41,641.7M$85,394.4M2024Exports [+]Exports % GDP [+]202328.52%27.26%2024Exports % GDP [+]Imports [+]2023€63,471.8M€107,243.4M2024Imports [+]Imports [+]2023$68,632.0M$116,078.1M2024Imports [+]Imports % GDP [+]202347.00%37.05%2024Imports % GDP [+]Trade balance [+]2023€-24,960.9M€-28,348.4M2024Trade balance [+]Trade balance [+]2023$-26,990.3M$-30,683.7M2024Trade balance [+]Trade balance % GDP [+]2023-18.48%-9.79%2024Trade balance % GDP [+]6.3%November 2025Retail Sales YoY [+]Socio-DemographyGlobal AgeWatch Ranking [+]201584º38º2015Global AgeWatch Ranking [+]Density [+]2024841172024Density [+]Global Peace Ranking [+]202479º7º2024Global Peace Ranking [+]1.60‰2023Crude divorce rate [+]Remittance received ($M) [+]20177,467.24,811.12017Remittance received ($M) [+]% Immigrant [+]20200.28%9.64%2020% Immigrant [+]% Emigrant [+]20209.07%20.02%2020% Emigrant [+]Birth Rate [+]202316.70‰7.90‰2024Birth Rate [+]Remittance sent ($M) [+]2017102.42,468.52017Remittance sent ($M) [+]Crude death rate [+]20235.64‰11.10‰2024Crude death rate [+]Fertility Rate [+]20232.231.452023Fertility Rate [+]3.50‰2023Crude marriage rate [+]% risk of poverty [+]20223.9%16.6%2024% risk of poverty [+]Population [+]202437,370,00010,749,6352024Population [+]Immigrant stock [+]2020102,3581,001,9632020Immigrant stock [+]Emigrant stock [+]20203,262,2222,081,4192020Emigrant stock [+]HDI [+]20220.6980.8742022HDI [+]Gender Gap Ranking [+]2024137º17º2024Gender Gap Ranking [+]Life expectancy [+]202375.3182.702024Life expectancy [+]Suicides [+]20151,6441,0462023Suicides [+]Suicide rate [+]20154.829.832023Suicide rate [+]Number of homicides [+]2024635752022Number of homicides [+]Rate Homicides per 100.000 [+]20231.710.722022Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20231.823.582023CO2 Tons per capita [+]Annual crude oil production [+]20240Crude Oil Reserves [+]20210.7Consumption GWh [+]202336,37950,3172023Consumption GWh [+]Generation GWh [+]202342,31145,2132023Generation GWh [+]OthersCOVID-19 - Deaths [+]12/21/202516,30529,62012/21/2025COVID-19 - Deaths [+]COVID-19 - Confirmed [+]12/21/20251,279,1155,671,58612/21/2025COVID-19 - Confirmed [+]Fully vaccinated [+]05/14/202323,521,9888,909,76909/29/2023Fully vaccinated [+]COVID-19 - Deaths per million population [+]12/21/2025436.312,755.4412/21/2025COVID-19 - Deaths per million population [+]Doses administered [+]05/14/202355,389,60028,314,79609/29/2023Doses administered [+]MoroccoCountrySubcontinentContinentWorldCapital: RabatPopulation: 37,370,000Surface Area: 446,550 km2Currency: Moroccan dirhams (1 EUR=10.7260 MAD)Religion: Mostly Islam Belongs to: AMU, Arab League, IMF, UN, AUPortugalCountrySubcontinentContinentWorldCapital: LisbonPopulation: 10,749,635Surface Area: 92,230 km2Currency: EurosReligion: Mostly Christianity Belongs to: CoE, EA, EEA, IMF, NATO, OECD, UN, OSCE, EU Compare Afghanistan Morocco Compare Albania Morocco Compare Algeria Morocco Compare Andorra Morocco Compare Angola Morocco Compare Antigua and Barbuda Morocco Compare Argentina Morocco Compare Armenia Morocco Compare Australia Morocco Compare Austria Morocco Compare Azerbaijan Morocco Compare Bahamas Morocco Compare Bahrain Morocco Compare Bangladesh Morocco Compare Barbados Morocco Compare Belarus Morocco Compare Belgium Morocco Compare Belize Morocco Compare Benin Morocco Compare Bhutan Morocco Compare Bolivia Morocco Compare Bosnia and Herzegovina Morocco Compare Botswana Morocco Compare Brazil Morocco Compare Brunei Morocco Compare Bulgaria Morocco Compare Burkina Faso Morocco Compare Burundi Morocco Compare Cabo Verde Morocco Compare Cambodia Morocco Compare Cameroon Morocco Compare Canada Morocco Compare Central African Republic Morocco Compare Chad Morocco Compare Chile Morocco Compare China Morocco Compare Colombia Morocco Compare Comoros Morocco Compare Costa Rica Morocco Compare Côte d'Ivoire Morocco Compare Croatia Morocco Compare Cuba Morocco Compare Cyprus Morocco Compare Czechia Morocco Compare Democratic Republic of the Congo Morocco Compare Denmark Morocco Compare Djibouti Morocco Compare Dominica Morocco Compare Dominican Republic Morocco Compare Ecuador Morocco Compare Egypt Morocco Compare El Salvador Morocco Compare Equatorial Guinea Morocco Compare Eritrea Morocco Compare Estonia Morocco Compare Eswatini Morocco Compare Ethiopia Morocco Compare Euro zone Morocco Compare Federated States of Micronesia Morocco Compare Fiji Morocco Compare Finland Morocco Compare France Morocco Compare Gabon Morocco Compare Georgia Morocco Compare Germany Morocco Compare Ghana Morocco Compare Greece Morocco Compare Grenada Morocco Compare Guatemala Morocco Compare Guinea Morocco Compare Guinea-Bissau Morocco Compare Guyana Morocco Compare Haiti Morocco Compare Honduras Morocco Compare Hong Kong Morocco Compare Hungary Morocco Compare Iceland Morocco Compare India Morocco Compare Indonesia Morocco Compare Iran Morocco Compare Iraq Morocco Compare Ireland Morocco Compare Israel Morocco Compare Italy Morocco Compare Jamaica Morocco Compare Japan Morocco Compare Jordan Morocco Compare Kazakhstan Morocco Compare Kenya Morocco Compare Kiribati Morocco Compare Kuwait Morocco Compare Kyrgyzstan Morocco Compare Laos Morocco Compare Latvia Morocco Compare Lebanon Morocco Compare Lesotho Morocco Compare Liberia Morocco Compare Libya Morocco Compare Liechtenstein Morocco Compare Lithuania Morocco Compare Luxembourg Morocco Compare Madagascar Morocco Compare Malawi Morocco Compare Malaysia Morocco Compare Maldives Morocco Compare Mali Morocco Compare Malta Morocco Compare Marshall Islands Morocco Compare Mauritania Morocco Compare Mauritius Morocco Compare Mexico Morocco Compare Moldova Morocco Compare Monaco Morocco Compare Mongolia Morocco Compare Montenegro Morocco Compare Mozambique Morocco Compare Myanmar Morocco Compare Namibia Morocco Compare Nauru Morocco Compare Nepal Morocco Compare Netherlands Morocco Compare New Zealand Morocco Compare Nicaragua Morocco Compare Niger Morocco Compare Nigeria Morocco Compare North Korea Morocco Compare North Macedonia Morocco Compare Norway Morocco Compare Oman Morocco Compare Pakistan Morocco Compare Palau Morocco Compare Panama Morocco Compare Papua New Guinea Morocco Compare Paraguay Morocco Compare Peru Morocco Compare Philippines Morocco Compare Poland Morocco Compare Portugal Morocco Compare Qatar Morocco Compare Republic of the Congo Morocco Compare Romania Morocco Compare Russia Morocco Compare Rwanda Morocco Compare Saint Kitts and Nevis Morocco Compare Saint Lucia Morocco Compare Saint Vincent and the Grenadines Morocco Compare Samoa Morocco Compare San Marino Morocco Compare Sao Tome and Principe Morocco Compare Saudi Arabia Morocco Compare Senegal Morocco Compare Serbia Morocco Compare Seychelles Morocco Compare Sierra Leone Morocco Compare Singapore Morocco Compare Slovakia Morocco Compare Slovenia Morocco Compare Solomon Islands Morocco Compare Somalia Morocco Compare South Africa Morocco Compare South Korea Morocco Compare South Sudan Morocco Compare Spain Morocco Compare Sri Lanka Morocco Compare State of Palestine Morocco Compare Sudan Morocco Compare Suriname Morocco Compare Sweden Morocco Compare Switzerland Morocco Compare Syria Morocco Compare Taiwan Morocco Compare Tajikistan Morocco Compare Tanzania Morocco Compare Thailand Morocco Compare The Gambia Morocco Compare Timor-Leste Morocco Compare Togo Morocco Compare Tonga Morocco Compare Trinidad and Tobago Morocco Compare Tunisia Morocco Compare Türkiye Morocco Compare Turkmenistan Morocco Compare Tuvalu Morocco Compare Uganda Morocco Compare Ukraine Morocco Compare United Arab Emirates Morocco Compare United Kingdom Morocco Compare United States Morocco Compare Uruguay Morocco Compare Uzbekistan Morocco Compare Vanuatu Morocco Compare Venezuela Morocco Compare Viet Nam Morocco Compare Yemen Morocco Compare Zambia Morocco Compare Zimbabwe Morocco