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Morocco Economic Indicators

Latest economic indicators and statistics for Morocco.

Indicator Current Value Previous Value Frequency Period
GDP $154.43B $144.42B Yearly 2024
GDP Annual Growth Rate 3.24% 3.4% Yearly 2024
GDP Growth Rate (YoY) 5.5% 4.8% Quarterly Q2 2025
GDP per Capita $3,478.99 $3,403.32 Yearly 2024
GDP per Capita PPP $9,065.91 $8,868.71 Yearly 2024
Real GDP $134.54B $130.32B Yearly 2024
Annual Inflation Rate 0.99% 6.09% Yearly 2024
Core Inflation Rate 0.3% 0.7% Monthly Sep'25
Inflation Rate 0.4% 0.3% Monthly Sep'25
Inflation Rate MoM 0.2% 0.5% Monthly Sep'25
Annual Unemployment Rate 8.94% 9.04% Yearly 2024
Female Labor Force Rate 19.53% 19.71% Yearly 2024
Unemployment Rate 12.8% 13.3% Quarterly Q2 2025
Annual Exports $42.46B $42.18B Yearly 2023
Annual Imports $70.64B $72.58B Yearly 2023
Balance of Trade MAD -8.8B MAD -14.3B Monthly Aug'25
Exports MAD 61.9B MAD 62.1B Monthly Aug'25
Exports (% GDP) 43.29% 42.75% Yearly 2024
FDI Inflows (% GDP) 0.76% 1.75% Yearly 2023
Imports MAD 70.7B MAD 76.4B Monthly Aug'25
Imports (% GDP) 52.47% 51.04% Yearly 2024
Net Trade (Goods & Services, BoP) -$12.01B -$15.23B Yearly 2023
Tariff Rate 5.73% 4.33% Yearly 2021
Trade (% GDP) 95.76% 93.79% Yearly 2024
Current Account to GDP Ratio -1.6% -2.8% Yearly Dec'24
Debt to GDP Ratio 70% 69.5% Yearly Dec'24
Interest Rate 2.25% 2.25% Daily Sep 23, 2025
Private Credit (% GDP) 81.41% 87.73% Yearly 2023
Consumer Confidence 53.6 points 54.6 points Quarterly Q3 2025
Adult Literacy Rate 77.3% 76% Yearly 2022
Happiness Index 4.62 points 4.8 points Yearly 2024
Homicide Rate 1.93 1.25 Yearly 2021
Population 38.08M 37.71M Yearly 2024
Primary Enrollment Rate 114.47% 114.17% Yearly 2023
Agricultural Land (%) 67.87% 67.87% Yearly 2022
Annual CO2 Emissions 68.67M tonnes 69.51M tonnes Yearly 2023
Forest Area (%) 12.91% 12.89% Yearly 2022
Corruption Control -0.54 points -0.39 points Yearly 2023
Political stability index -0.37 points -0.36 points Yearly 2023
Infant Mortality Rate 15.5 16 Yearly 2023
Life Expectancy 75.31 75.16 Yearly 2023
Physicians per 1,000 people 0.73 0.91 Yearly 2017
Electricity Access 100% 100% Yearly 2023
Internet Users 91% 89.9% Yearly 2023
Travel Earnings $4.51B $9.95B Yearly 2020
Visitor Arrivals 2.8M 13.11M Yearly 2020