Morocco Morocco

Subscribe to our free email alert service

Morocco, is a country located at Northern Africa, it has an area of 446,550 Km2.

Morocco, with a population of 36,471,769 people, it is ranked at 39º position by population of 196 countries and it has a moderate population density, 82 people per km2.

It's capital is Rabat and its currency is Moroccan dirhams

Morocco is holding the 60 position by nominal GDP. Its national debt in 2019 was 69,667 millions of euros (77,992 millions of dollars), ( 65.16% debt-to-GDP ratio) and its public debt per capita is 1,910€ euros per inhabitant2,138$ dollars per inhabitant.

The last annual rate of CPI published in Morocco was on March of 2020 and it was 1.5%.

In terms of the human development index (HDI) of Morocco, which is the index used by the United Nations to measure the progress of a country, was 0.686 points in 2019, leaving it in 121th place in the table of 189 countries published.

If the reason to visit Morocco are business, you must know it's in the 60th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Morocco, if you want to see information about other countries click here

Morocco Economy
Gouvernement
Annual GDP [+]2019106,932M.€
Annual GDP [+]2019119,701M.$
GDP per capita [+]20192,932€
GDP per capita [+]20193,282$
Debt (M.€.) [+]201969,667
Debt (M.$.) [+]201977,992
Debt (%GDP) [+]201965.16%
Debt Per Capita [+]20191,910€
Debt Per Capita [+]20192,138$
Deficit (M.€) [+]2019-4,371
Deficit (M.$) [+]2019-4,893
Deficit (%GDP) [+]2019-4.09%
Expenditure (M.€) [+]201931,789.2
Expenditure (M.$) [+]201935,588.1
Education Expenditure (M.€) [+]20135,025.8
Education Expenditure (M.$) [+]20136,680.4
Education Expenditure (%Bud.) [+]201318.46%
Gov. Health Exp. (M.€) [+]20172,185.1
Gov. Health Exp.(M.$) [+]20172,468.4
Gov. Health Exp. (%Bud.) [+]20177.49%
Defence Expenditure (M.€) [+]20193,309.0
Defence Expenditure (M.$) [+]20193,704.1
Defence Expenditure (%Bud.) [+]201910.30%
Expenditure (%GDP) [+]201929.73%
Expenditure Per Capita [+]2019872€
Expenditure Per Capita [+]2019976$
Education Expenditure P.C [+]2013151€
Education Expenditure P.C [+]2013200$
Gov. Health Exp. P.C. [+]201761€
Gov. Health Exp. P.C. [+]201769$
Defence Expenditure P.C. [+]201991€
Defence Expenditure P.C. [+]2019102$
Moody's Rating [+]02/04/2021Ba1
S&P Rating [+]04/02/2021BB+
Fitch Rating [+]10/23/2020BB+
Corruption Index [+]202040
Competitiveness Ranking [+]201975º
Fragile States Index [+]201874.0
RTI Raking [+]01/01/201985º
Innovation Ranking [+]201876º
Labour
Unemployment rate [+]2016Q39.6%
Unemployed [+]2016Q31,142 m.
NMW [+]2013277.7 $
NMW [+]2013209.4 €
Human Capital Ranking [+]2017118º
Markets
Euro / Moroccan dirhams [+]06/18/202110.6206
US Dollar exchange rate [+]06/18/20218.9129
Stock ExchangeYTD % [+]06/18/202110.63%
Prices
CPI (overall index) [+]March 20201.5%
Money Market
Key rates [+]06/18/20201.50%
Business
Doing Business [+]201960º
Passengers vehicles Year [+]December 2019148,354
Annual Vehicles/ 1,000 p. [+]December 20194.55
Motor vehicle production [+]2020248,430
Vehicles / 1,000 people [+]2015104.62
Taxes
Standard VAT [+]01/01/201320.00%
Top tax rate + SSC [+]202038.0%
Trade
Annual arrivals [+]201912,932,260
Exports [+]202023,778.1 M.€
Exports [+]202027,159.4 M.$
Exports % GDP [+]201924.34%
Imports [+]202038,374.4 M.€
Imports [+]202043,831.2 M.$
Imports % GDP [+]201942.38%
Trade balance [+]2020-14,596.2 M.€
Trade balance [+]2020-16,671.8 M.$
Trade balance % GDP [+]2019-18.05%
Socio-Demography
Global AgeWatch Ranking [+]201584º
Density [+]201982
Global Peace Ranking [+]202083º
Remittance received (M.$) [+]20177,467.2
% Immigrant [+]20190.27%
% Emigrant [+]20198.60%
Birth Rate [+]201818.94‰
Remittance sent (M.$) [+]2017102.4
Crude death rate [+]20185.06‰
Fertility Rate [+]20182.42
Population [+]201936,471,769
Immigrant stock [+]201998,574
Emigrant stock [+]20193,136,069
HDI [+]20190.686
Gender Gap Ranking [+]2020143º
Life expectancy [+]201876.45
Suicides [+]20151,644
Suicide rate [+]20154.82
Number of homicides [+]2018510
Rate Homicides per 100.000 [+]20181.42
Energy and Environment
CO2 Tons per capita [+]20192.02
Annual crude oil production [+]20200
Crude Oil Reserves [+]20210.7
Consumption GWh [+]201829,678
Generation GWh [+]201832,462
Others
COVID-19 - Deaths [+]06/17/20219,225
COVID-19 - Confirmed [+]06/17/2021525,443
Fully vaccinated [+]06/18/20217,889,708
COVID-19 - Deaths per million population [+]06/17/2021252.94
Doses administered [+]06/18/202117,261,906