Morocco Morocco

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

Morocco, with a population of 36,313,000 people, it is ranked at 40º position by population of 196 countries and it has a moderate population density, 81 people per km2.

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

Morocco is holding the 59 position by nominal GDP. Its national debt in 2021 was 83,220 millions of euros (98,493 millions of dollars), ( 68.94% debt-to-GDP ratio) and its public debt per capita is €2,292 euros per inhabitant$2,712 dollars per inhabitant.

The last annual rate of CPI published in Morocco was on October of 2022 and it was 8.1%.

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 53th 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 [+]2021€120,713M
Annual GDP [+]2021$142,867M
GDP per capita [+]2021€3,324
GDP per capita [+]2021$3,934
Debt (M.€.) [+]202183,220
Debt ($M) [+]202198,493
Debt (%GDP) [+]202168.94%
Debt Per Capita [+]2021€2,292
Debt Per Capita [+]2021$2,712
Deficit (M.€) [+]2021-7,172
Deficit ($M) [+]2021-8,488
Deficit (%GDP) [+]2021-5.94%
Expenditure (M.€) [+]202136,362.3
Expenditure ($M) [+]202143,035.7
Education Expenditure (M.€) [+]20135,443.4
Education Expenditure ($M) [+]20137,229.6
Education Expenditure (%Bud.) [+]20195.98%
Gov. Health Exp. (M.€) [+]20172,362.3
Gov. Health Exp.($M) [+]20172,667.7
Gov. Health Exp. (%Bud.) [+]20177.49%
Defence Expenditure (M.€) [+]20204,551.8
Defence Expenditure ($M) [+]20205,194.9
Defence Expenditure (%Bud.) [+]202012.19%
Expenditure (%GDP) [+]202130.12%
Expenditure Per Capita [+]2021€1,001
Expenditure Per Capita [+]2021$1,185
Education Expenditure P.C [+]2013€163
Education Expenditure P.C [+]2013$217
Gov. Health Exp. P.C. [+]2017€61
Gov. Health Exp. P.C. [+]2017$69
Defence Expenditure P.C. [+]2020€127
Defence Expenditure P.C. [+]2020$145
Moody's Rating [+]07/01/2022Ba1
S&P Rating [+]04/02/2021BB+
Fitch Rating [+]10/23/2020BB+
Corruption Index [+]202139
Competitiveness Ranking [+]201975º
Fragile States Index [+]201874.0
RTI Raking [+]01/01/201985º
Innovation Ranking [+]201876º
Labour
Unemployment rate [+]2016Q39.6%
Unemployed [+]2016Q31,142K
NMW [+]2021$314.7
NMW [+]2013€209.4
Human Capital Ranking [+]2017118º
Markets
Euro / Moroccan dirhams [+]12/07/202211.1052
US Dollar exchange rate [+]12/07/202210.5814
Stock ExchangeYTD % [+]12/07/2022-15.48%
Prices
CPI (overall index) [+]October 20228.1%
Money Market
Key rates [+]09/27/20222.00%
Business
Doing Business [+]202053º
Passengers vehicles Year [+]December 2020117,046
Annual Vehicles/ 1,000 p. [+]December 20203.71
Motor vehicle production [+]2020248,430
Vehicles / 1,000 people [+]2015104.62
Taxes
Tax Revenue (%GDP) [+]201928.4%
Standard VAT [+]01/01/201320.00%
Top tax rate + SSC [+]202038.0%
Trade
Annual arrivals [+]201912,932,260
Exports [+]2021€30,306.1M
Exports [+]2021$35,843.1M
Exports % GDP [+]202125.11%
Imports [+]2021€49,069.3M
Imports [+]2021$58,034.2M
Imports % GDP [+]202140.65%
Trade balance [+]2021€-18,763.1M
Trade balance [+]2021$-22,191.1M
Trade balance % GDP [+]2021-15.54%
Socio-Demography
Global AgeWatch Ranking [+]201584º
Density [+]202181
Global Peace Ranking [+]202274º
Remittance received ($M) [+]20177,467.2
% Immigrant [+]20190.28%
% Emigrant [+]20198.81%
Birth Rate [+]202018.10‰
Remittance sent ($M) [+]2017102.4
Crude death rate [+]20205.06‰
Fertility Rate [+]20202.35
% risk of poverty [+]20134.8%
Population [+]202136,313,000
Immigrant stock [+]201998,574
Emigrant stock [+]20193,136,069
HDI [+]20190.686
Gender Gap Ranking [+]2022136º
Life expectancy [+]202076.90
Suicides [+]20151,644
Suicide rate [+]20154.82
Number of homicides [+]2020458
Rate Homicides per 100.000 [+]20201.24
Energy and Environment
CO2 Tons per capita [+]20211.97
Annual crude oil production [+]20210
Crude Oil Reserves [+]20210.7
Consumption GWh [+]202135,386
Generation GWh [+]202141,151
Others
COVID-19 - Deaths [+]12/06/202216,286
COVID-19 - Confirmed [+]12/06/20221,269,570
Fully vaccinated [+]12/05/202223,514,016
COVID-19 - Deaths per million population [+]12/06/2022448.49
Doses administered [+]12/05/202255,347,445