Morocco gdp ranking. GDP per Capita in Morocco averaged 1978.

Morocco gdp ranking The absolute value of GDP in Morocco rose €13,668 $20,464 million with respect to 2020. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Morocco gdp per capita for 2021 was $3,768, a 15. All rights reserved. The GDP per capita of Morocco in 2021 was €3,305 $3,911, €347 $536 higher than in 2020, it was €2,958 $3,375. 79 trillion dollars. Morocco Indicators - was last updated on Friday, January 17 Mar 3, 2024 · Morocco’s least performing sub-indexes were media and communication, as the country claimed the 89th place internationally. 63% increase from 2020. The GDP per capita of Morocco in 2019 was €3,236 $3,623, €176 $7 higher than in 2018, it was €3,060 $3,616. Gross Domestic Product of Morocco grew 3. dollars) Basic Statistic Gross domestic product (GDP) growth rate in Morocco 2029 Nigieria's GDP per capita (PPP) is estimated to be $11,989 for 2024. 00 percent in 2021 and a record low of -7. Over the past 60 years, the value for this indicator has fluctuated between $3,235. 84 USD in 2023 and a record low of 835. GDP in Morocco is estimated to be $152 billion US dollars at the end of 2023. This is a list of countries by nominal GDP per capita. Oct 30, 2024 · GDP of Morocco in nominal and ppp terms. The life expectancy in Morocco was 74. 6 % YoY in Sep 2022. Its score is 0. Canada is also quite far ahead in the international comparison and occupies the tenth place in this ranking. state economies by their gross domestic product (GDP) to that of a similarly-sized country. dollars (+39. Scores are based on a 0-100 scale. In PPP, the biggest economy, China shares 19. 5%) of the global economy, while the smallest economy, Tuvalu contributes only 0. 3: 2. 77 USD from 1966 until 2023, reaching an all time high of 3370. Jump to Rank Comparisons 12 Economic Freedoms (GDP). The nominal GDP per capita in Morocco was $3,795. The World Economics Wealth Index is a composite index covering both income and assets for individuals by country. 18%, a 10. Morocco (MAR) , GDP per capita (current US$) indicators data for years 1988 to 2022 Jan 10, 2025 · The United States upholds its status as the major global economy and richest country, with a GDP of over $28. 00003 percent. 20 hours ago · GDP Annual Growth Rate 4. Morocco gdp per capita for 2022 was $3,442, a 8. These economic complexity rankings use 6 digit exports classified according to the HS96 classification. The GDP per capita of Morocco in 2022 was €3,389 $3,571, €84 $340 higher than in 2021, it was €3,305 $3,911. Morocco’s economic freedom score is 58. GDP, PPP (current international $) - Morocco from The World Bank: Data For example, Morocco’s Exports rank is higher than (please wait) of the countries in the dataset. The Gross Domestic Product per capita in Morocco was last recorded at 3370. The Gini index in Morocco was 39. 84 US dollars in 2023. Nov 3, 2024 · None of the African economies are on the list of the top ten largest economies globally, and only four economies are within the top 50 world GDP rankings. This rate is 21 -tenths of one percent higher than the figure of 1. 82t in 2020. Jul 17, 2024 · The Moroccan economy expanded by 3. Morocco’s real GDP is expected to grow by 4. 50 billion USD. GDP (current US$) - Morocco. 4%). Saudi Arabia is the latest entrant in trillion dollar The GDP figure in 2023 was €133,544 $144,438 million, Morocco is number 61 in the ranking of GDP of the 196 countries that we publish. It is followed by China in second place with a GDP of 17. 9 billion USD, while Ethiopia’s was 126. The GDP figure in 2020 was €106,331 $121,354 World Rank (out of countries) Status. GDP Per Capita in Morocco reached 3,934. 79% increase from 2022. 5% in 2021, compared to last year GDP per capita (current US$) - Morocco from The World Bank: Data. 9. 11B, a 7. 1 USD bn in Dec 2022. Gross Domestic Product of Morocco fell -7. This estimate for Morocco GDP takes into account values based on PPP, the countries base year age and size of it's informal economy. Jul 1, 2024 · Ranking Economy US dollars) 1 United States 27,360,935 2 China 17,794,782 3 Germany 4,456,081 60 Morocco 141,109 b 61 Slovak Republic 132,794 Jul 24, 2024 · This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Morocco from 2012 to 2022. GDP per capita, Purchasing Power Parity, 2023: Global rank Available data Luxembourg Morocco: 8869 125 1990 - 2023 Laos: 8372 126 1990 - 2023 Oct 31, 2024 · In exchange rate methods, the largest economy, the United States, represents an above quarter share (26. Since 2011, Morocco has moved up the rankings table by 5 places. GDP per capita (PPP based) is a crucial economic metric that measures a country's economic output per person. 20 percent in 2020. World Economics has developed a database presenting GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. The latest data by the World Bank about the GDP of Ethiopia and Morocco is from the year 2022. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy. Mar 9, 2024 · The year 2023 was the year Ethiopia for the first time surpassed Morocco in terms of GDP, according to the IMF. GDP per Capita in Morocco is estimated to be $8,462 international dollars at the end of 2024. The economy of Morocco expanded about 3% in 2023, according to estimates from the central bank. 37. Mahamadou Simpara; 0; Oct. 91 billion USD, ranking 58th globally. Morocco gdp for 2023 was $141. The GDP per capita of Morocco in 2023 was €3,607 $3,901, €218 $330 higher than in 2022, it was €3,389 $3,571. © 2021 International Monetary Fund. GDP per capita (current US$) - Morocco from The World Bank: Data. 7 Million which gives a current GDP per capita PPP of $13,073 at current market prices. Overall Score. The 2023 financing requirement was covered mainly by issuing eurobonds, after a period when government securities were used. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. Green is above average for all countries and yellow is below average. Morocco’s economic position in 2022 is notable, with a GDP of 130. S. Morocco's Wealth ranks 100 of 144 countries in the World Economics Global Wealth rankings and 10 in the Africa region. The absolute value of GDP in Morocco rose €9,287 $13,525 million with respect to 2022. Located in North Africa, it spans 446,550 sq. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. Real GDP per Capita in Morocco is estimated to be $3,494 US dollars at the end of 2023. 78 trillion as of 2025, steadfastly preserving its pinnacle position from 1960 to 2024 The population of Morocco is estimated to be 37. Tuvalu has the world's smallest national economy with a GDP (nominal) of approximately $59 million. Definition: GDP per capita is gross domestic product divided by midyear population. GDP per capita, PPP (constant 2017 international $) Oct 30, 2024 · Morocco’s top North African rankings progress in fostering a more open, competitive and resilient economy. With a GDP of 27. In the ranking of African countries in terms of GDP, the highest ranking of the Morocco was 4th in 1994 and the lowest ranking was 6th in 1965. 2% after accounting for any base year adjustment and the size of the informal economy. 4: Corruption Rank 97: 94: 97: 37: historical time series and news. The absolute value of GDP in Morocco rose €7,368 $1,579 million with respect to 2018. Rankings #39. Italy’s economy is expected to expand to $2. 7% in 2023, due to the combined effect of strong budget revenue and lower subsidies. The absolute value of GDP in Morocco rose €4,258 $10,905 million with respect to 2021. Current GDP per Capita in Morocco is estimated to be $4,029 US dollars at the end of 2023. 00 in 2019 and $158. Jul 8, 2024 · South Africa's GDP amounted to just over 373 billion U. Dec 28, 2019 · The latest value for GDP, PPP (constant 2011 international $) in Morocco was 262,041,000,000 as of 2020. The GDP figure in 2022 was €124,257 $130,913 million, Morocco is number 62 in the ranking of GDP of the 196 countries that we publish. 69% increase from 2022. Estimates by world bank since 1961. Morocco, is a country located at Northern Africa, it has an area of 446,550 Km2. Morocco: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U. Its Gross Savings Rate was measured at 29. The GDP figure in 2023 was $144,438 million, Morocco is number 61 in the ranking of GDP of the 196 countries that we publish. The biggest improvement compared to a decade ago came in Investment Environment. Morocco gdp per capita for 2023 was $3,672, a 6. 00007 percent. Over the past 30 years, the value for this indicator has fluctuated between 279,639,000,000 in 2019 and 95,514,010,000 in 1990. The maximum value is 100. The country’s ranking in education and sciences was equally near the Morocco - GDP per capita (current US$) The latest value for GDP per capita (current US$) in Morocco was $3,058. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor List and ranking of GDP growth, GDP per capita and couuntry share of World's GDP. Morocco GDP Value was 134 USD Billion in 2023. m. 9 % in Sep 2022. GDP is the sum of Jan 2, 2025 · Visit the Definitions and Notes page to view a description of each topic. In the latest reports, Morocco GDP expanded 1. The GDP value of Morocco represents 0. Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Morocco 2005 International Dollars per Person, Annual, Not Seasonally Adjusted 1950 to 2010 (2012-09-17) The GDP figure in 2023 was €133,544 $144,438 million, Morocco is number 61 in the ranking of GDP of the 196 countries that we publish. Morocco, with a population of 37,022,000 people, it is ranked at 39º position by population of 196 countries and it has a moderate population density, 83 people per km2. 2 % in Dec 2021. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. 3% published in 2022. 2 USD in Dec 2021. Official GDP data for Morocco has been awarded the quality rating of C - Use with caution. Worldwide gross domestic product in 2023 was at about 13,164 USD per capita. King Mohammed VI has recently launched two national economic strategies: Plan Maroc Vert and Plan Emergence. 8B ranked the 56th largest economy in the world, while Morocco ranked 60th with $117. 69 as of 2020. To put this unequal distribution in perspective, this map compares U. Countries in Africa are sorted according to data from the International Monetary Fund. In the latest reports, Nominal GDP of Morocco reached 33. Rankings for Morocco (2019–2021) Jan 5, 2024 · It represents a quarter share of the global economy (25. World Bank data on Morocco's GDP growth rate and other economic indicators. GDP per capita, PPP (current international $) - Morocco from The World Bank: Data. 11 billion US dollars in 2023, according to official data from the World Bank. Country Morocco has a population of 37,457,971, ranking 38th globally, just behind Ukraine. 09%. 3 trillion), Algeria takes fourth place in this year's ranking. The chart has 1 Y axis displaying GDP growth (annual %). Morocco The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. The Gross Domestic Product (GDP) in Morocco expanded 4. The GDP figure in 2023 was €133,544 $144,438 million, Morocco is number 61 in the ranking of GDP of the 196 countries that we publish. PILLAR RANKINGS. 92% increase from 2022. It follows Ukraine, which has a GDP of 160. Morocco - Economic Strength Detailed components of the ranking. 2% in 2020 compared to last year. 40 trillion and its per capita GDP is $34,260. 1% in GDP per capita. Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. 92 in 1961. Data ranges from -7. GDP in Morocco, on the other hand, reached USD 3,829 per capita, or 144. GDP (current US$) in Morocco was reported at 144417103250 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. 4, making its economy the 97th freest in the 2023 Index. By GDP 5-years average growth and GDP per capita, Algeria and Morocco ranked 100th vs 87th and 119th vs 130th, respectively. . 6 billion U. Overall Rank. Out of 53 economies, the GDP (PPP) of 51 economies would increase, and only two economies would decrease in 2024 compared to 2023. 23kg in 2014. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. This rate is 101 -tenths of one percent less than the previous year, when changed 2. The country now has an open, diverse market economy, Morocco. Rank/Total; Growth Per capita growth GDP GDP per capita; 1961----1962---- Includes historical data for Morocco’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership. 1% of the world, and the lowest-ranked Tuvalu shares 0. 0 Morocco's economy is the 61st largest in the world, according to the IMF, though its per-capita GDP is low compared to similarly ranked nations. 708 rank 115. 46 billion (MAD 1. GDP per Capita in Morocco (with a population of 37,329,064 people) was $3,354 in 2022, an increase of $2 from $3,352 in 2021; this represents a change of 0. Morocco is therefore currently ranked 61 of the major economies. The individual ranking factors have been reduced to the scoring below. 1 million. GDP in Morocco is estimated to be $327 billion international dollars at the end of 2024. 8 billion USD. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita. 5% in 2022. Morocco gdp growth rate for 2020 was -7. Nov 5, 2024 · Much like how the world has a few big economic players that dwarf the rest, so too does America’s $29 trillion economy. Projections by IMF. Morocco is 96th in the overall Prosperity Index rankings. The component score is derived from Real GDP in Morocco is estimated to be $132 billion US dollars at the end of 2023. 07% decline from 2019. The Gross Domestic Product (GDP) in Morocco was worth 141. The table shows the rankings of Morocco over the past four years. Morocco's share of Global GDP in 2024 was 0. Morocco GDP per capita 3. GDP per Capita in Morocco averaged 1978. 5 in 2013. 2% increase from 2020. 158 and HDI 0. 2% to Global GDP . Structure of Morocco GDP: from agriculture, manufacturing, mining and services. When will Moroccans wake up and care more for their people than others? Population, GDP, life expectancy, birth rate and other key metrics for Morocco. Against this background, the International Monetary Fund recommends fiscal consolidation to bring the debt-to-GDP ratio back to pre-2020 levels. China follows, with close to $18 trillion, or 17. 9% in the last four years and is ranked the 5th largest economy in Africa, ahead of Ethiopia. 13 percent of the world economy. 18 countries in 2022 have an economy above $1 trillion. 30, 2024 12:05 p. 76% decline from 2021. Morocco gdp per capita for 2020 was $3,258, a 6. 2% in the last four years and is ranked the 5th largest economy in Africa, ahead of Ethiopia. Morocco performs most strongly in Investment Environment and Infrastructure & Market Access but is weakest in Social Capital. Growth was propelled by a tourism rebound, strong manufacturing exports, and increased private consumption. The statistical confidence interval for the ranking of Morocco in the GII 2021 is between ranks 70 and 78. GDP per capita, PPP (constant During the last 20 years Morocco's⁩ ⁨economy has become relatively more complex, moving from the ⁩⁨85th to the 80th⁩ position in the ECI rank. 42 billion USD for the whole country. The economy of Morocco has grown at an average annual growth rate of 1. Morocco gdp growth rate for 2023 was 3. GDP Rankings: 2024. 87% decline from 2019. 04 in 2021. So many statistics rank morocco around 60th of the world, but income is ranked as 120th. With a nominal GDP of $1. Morocco - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on January of 2025. 2% of GDP in 2022to 4. Why is Morocco's GDP at the level it is when it is the largest holder of Algeria with a GDP of $173. 64% decline from 2021. Morocco gdp growth rate for 2021 was 8. According to the World Bank, Morocco’s GDP in 2022 was 130. 08%, representing a change of 1,338,000,000 US$ over 2021, when Real GDP was $123,865,000,000. km, ranking 57th, just behind Uzbekistan. By 2030, Morocco is projected to contribute 0. Its GDP deflator (implicit price deflator) increased 5. World Bank national accounts data, and OECD National Accounts data files. In terms of GDP (PPP) Italy’s economy is worth $2. Morocco's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries. 3 % in Dec 2022. It's capital is Rabat and its currency is Moroccan dirhamsMorocco is holding the 61 position by nominal GDP. Category Rank Score #40 out of 87 in 2023. 26 trillion by 2023. 9B. GDP is the total value of all goods and services produced in a country in The weighting of each category in the final index is determined by the strength of its correlation to per capita GDP and forecast GDP for 2027. Sep 20, 2024 · Morocco’s public debt, including guaranteed debt, at above 80 percent of GDP, and external debt above 50 percent of GDP, have both sharply increased because of the COVID-19 pandemic. Egypt followed, with a GDP worth around 347. 4% in 2023 compared to last year. Morocco - GDP per capita GDP per capita (current US$) The latest value for GDP per capita (current US$) in Morocco was $3,058. 31. May 26, 2021 · With an estimated GDP of $151. 99 trillion, Italy is the eighth-largest economy in the world. The statistical confidence interval for the ranking of Morocco in the GII 2024 is between ranks 57 and 71. Morocco gdp growth rate for 2022 was 1. dollars and ranked as the second The budget deficit improved from 5. Jump to: Rank Comparisons 12 Economic Freedoms Scores over Time. The following table shows the rankings of Morocco over the past three years, noting that data availability and changes to the GII model framework influence year-on-year comparisons of the GII rankings. Morocco: $134,182,000,000: $134 billion: Data rankings are produced from scores in five areas: Base year recency; SNA version; Informal economy size; research resources available; and likelihood of Government interference. Estimates by world bank since 1960 in nominal terms and since 1990 in ppp terms at current and constant prices. Nov 7, 2024 · The gross domestic product (GDP) in current prices in Morocco was forecast to continuously increase between 2024 and 2029 by in total 61. 18%, a 1. GDP growth (annual %) - Morocco from The World Bank: Data Oct 30, 2024 · GDP Growth and GDP per capita Growth of Morocco. Free and open access to global development data. 9%. 39 in 2021. Morocco is ranked 7th out of 14 countries in the Middle East/North Africa region, and its overall score is approximately the world average. [5] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [6] which in turn had surpassed the economy of the Qing dynasty in aggregate output decades earlier. Data availability and changes to the GII model framework influence year-on-year comparisons of the GII rankings. Morocco's top and bottom attributes Each factor is made up by combining a selection of 73 attributes that track how people perceive each country. 9% of the world economy. 30 percent in the third quarter of 2024 over the same quarter of the previous year. Public debt was estimated at 69. Detailed ranking factors for Morocco. GDP per capita, PPP (constant 2021 international $) Morocco's GDP is estimated to be $444,548,585,273 by the end of 2024 by World Economics. 18 to 12. [1] Morocco economy rankings: GDP - 60, GDP growth 5-year average - 87, GPD per capita - 130, economic freedom index - 82, business freedom index - 64 On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. GDP per capita of Morocco in nominal and ppp terms. Rank: Country/Territory: GDP-PPP per capita ($) 1: 🇱🇺 Related information about Morocco Real GDP Growth. The GDP figure in 2019 was €115,148 $128,920 million, Morocco is number 60 in the ranking of GDP of the 196 countries that we publish. This figure is derived from a GDP (PPP) of $457 billion, which accounts for the informal economy and any base year effects, and a population of 38. Ranking Economy US dollars) 1 United States 25,462,700 2 China 17,963,171 3 Japan 4,231,141 60 Morocco 134,182 b 61 Ethiopia 126,783 The 15 Richest African Countries (Nominal GDP) Ranking (PAX EUROPAEA) [OC] Alternate History Morocco - $8,205 Cameroon - $8,148 Côte d'Ivoire - $8,114 The population in Morocco was 37,076,584 in 2021. The richest countries in the world May 4, 2024 · GDP per capita adjusted for relative purchasing power gives us an idea, albeit an imperfect one. 21 percent). GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Inflation in Morocco in 2023 was around 6. The energy consumption per capita in Morocco was 554. License: CC BY-4. 02%, a 15. According to the latest statistics released by the World Bank in 2024, during the period 1960-2022, the highest world ranking of GDP for the Morocco was 41st in 1962 and the lowest world ranking was 64th in 2007. Its national debt in 2023 was GDP Growth Rate in 2022 was 1. Morocco GDP Per Capita reached 3,934. 26%, a 6. GDP per capita, PPP (current international $) in Morocco was reported at 9843 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Explore Morocco economic data on Prosperity Data360. This page provides the latest reported value for - Morocco GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. 686 rank 121 Palestine GDP per capita 3240 and HDI 0. 03 USD in 1966. 34. Nov 29, 2024 · The statistic shows gross domestic product (GDP) per capita in Morocco from 1987 to 2022, with projections up until 2029. 33 percent from 2015 until 2023, reaching an all time high of 8. The GDP figure in 2021 was €119,999 $141,818 million, Morocco is number 60 in the ranking of GDP of the 196 countries that we publish. Full Year GDP Growth in Morocco averaged 2. Related information about Morocco Nominal GDP. 8 point lower than last year. 7% of GDP in 2023, compared with 71. 72 trillion dollars, the USA is by far the world's largest economy in this ranking for 2023. The GDP per Capita in Morocco is equivalent to 27 percent of the world's average. 4% in 2023 despite global economic headwinds, an inflation surge, and the Al-Haouz earthquake. The carbon dioxide emissions per capita in Morocco was 1. dollars in 2024, the highest in Africa. nqx mbssk psafm emeifh eyby wpzynlfc seqsvw nxbe outskc ndtjo