Middle East, North Africa, Afghanistan & Pakistan · Lower middle income
Morocco: the economy in numbers
Per person: $4,672, or $11,112 at purchasing power parity. Population: 38.4 million (2025).
$182B+4.6%real GDP growth, 2025
GDP in 2025, current US dollars: #58 of 204 economies. IMF forecast for 2026: +4.5%.
GDP per capita
$4,672
2025 · #137 of 204
GDP per capita, PPP
$11,112
2025 · #136 of 197
Inflation
0.7%
2025 · IMF forecast 2026: 0.9%
Government debt
66.6%
2025 · % of GDP, general government
Population
38.4M
2025 · #41 of 217
Unemployment
9.0%
2025 · ILO estimate
Stock market capitalization
62.5%
2025 · % of GDP · $114B
Life expectancy
75.5 years
2024
GDP
Adjusted for US inflation, in 2025 dollars: $22.2 billion in 1960, $182 billion in 2025.
GDP per capita
In 2025 dollars: $1,904 per person in 1960, $4,672 in 2025.
GDP per capitaGDP per capita, PPP (international $)
Real GDP growth
Average over 2016–2025: 2.6% a year. Years of falling GDP since 1967: 7 of 59.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Inflation
Consumer prices rose by 56.0% from 2000 to 2025. Highest annual inflation: 17.6% in 1974.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Government debt, % of GDP
Highest since 1990: 74.7% of GDP in 1993. IMF forecast for 2031: 61.6%.
General government (IMF)Central government only (World Bank)
Source: World Bank, World Development Indicators (CC BY 4.0)
Stock market capitalization, % of GDP
In 2025 listed domestic companies were worth $114 billion, or 62.5% of GDP.
Population
1960: 11.6 million · 2025: 38.4 million.
Unemployment rate
1991: 13.5% · 2025: 9.0%.
Life expectancy at birth
1960: 41.7 years · 2024: 75.5 years.
Exports of goods and services
1960: 23.6% · 2025: 42.0%.
Data by year
Show the year-by-year table
| Year | GDP | GDP per capita | Per capita, PPP | Real growth | Inflation | Gov. debt, % GDP | Population | Unemployment | Stock market, % GDP | Life expectancy | Exports, % GDP |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2031 | 4.0%f | 2.0%f | 61.6%f | ||||||||
| 2030 | 4.1%f | 2.0%f | 62.6%f | ||||||||
| 2029 | 4.4%f | 2.0%f | 63.9%f | ||||||||
| 2028 | 4.4%f | 1.7%f | 65.3%f | ||||||||
| 2027 | 4.2%f | 1.4%f | 66.2%f | ||||||||
| 2026 | 4.5%f | 0.9%f | 66.6%f | ||||||||
| 2025 | $182B | $4,672 | $11,112 | 4.6% | 0.7% | 66.6% | 38.4M | 9.0% | 62.5% | 42.0% | |
| 2024 | $161B | $4,153 | $10,430 | 3.8% | 1.0% | 67.0% | 38.1M | 9.1% | 46.4% | 75.5 | 42.0% |
| 2023 | $146B | $3,814 | $9,903 | 3.7% | 6.1% | 68.4% | 37.7M | 8.9% | 43.5% | 75.3 | 42.4% |
| 2022 | $131B | $3,463 | $9,309 | 1.8% | 6.7% | 71.4% | 37.3M | 9.4% | 40.9% | 75.2 | 44.7% |
| 2021 | $142B | $3,786 | $8,623 | 8.2% | 1.4% | 69.4% | 37M | 10.6% | 52.5% | 73.4 | 33.1% |
| 2020 | $121B | $3,268 | $7,705 | −7.2% | 0.7% | 72.2% | 36.6M | 11.2% | 54.0% | 73.1 | 30.8% |
| 2019 | $129B | $3,508 | $8,046 | 2.9% | 0.3% | 60.3% | 36.2M | 9.2% | 50.7% | 74.2 | 34.1% |
| 2018 | $127B | $3,502 | $7,801 | 3.1% | 1.8% | 60.5% | 35.8M | 9.3% | 48.0% | 73.9 | 33.8% |
| 2017 | $119B | $3,297 | $8,115 | 5.1% | 0.8% | 60.3% | 35.4M | 9.2% | 56.6% | 73.6 | 32.6% |
| 2016 | $112B | $3,141 | $7,853 | 0.5% | 1.6% | 60.1% | 35M | 9.3% | 51.6% | 73.2 | 30.7% |
| 2015 | $110B | $3,146 | $7,799 | 4.3% | 1.6% | 58.4% | 34.6M | 9.5% | 41.6% | 72.9 | 30.0% |
| 2014 | $119B | $3,435 | $7,237 | 2.7% | 0.4% | 58.6% | 34.2M | 9.7% | 44.3% | 72.5 | 30.1% |
| 2013 | $116B | $3,380 | $7,542 | 4.1% | 1.9% | 57.1% | 33.8M | 9.2% | 46.5% | 72.1 | 30.3% |
| 2012 | $107B | $3,164 | $7,308 | 3.1% | 1.3% | 52.3% | 33.4M | 9.0% | 49.1% | 71.7 | 32.1% |
| 2011 | $110B | $3,302 | $7,274 | 5.5% | 0.9% | 48.6% | 32.9M | 8.9% | 54.6% | 71.3 | 32.0% |
| 2010 | $101B | $3,068 | $6,849 | 3.5% | 1.0% | 45.3% | 32.5M | 9.1% | 68.6% | 70.8 | 29.8% |
| 2009 | $101B | $3,120 | $6,629 | 3.7% | 1.0% | 42.6% | 32M | 9.0% | 70.5 | 25.7% | |
| 2008 | $102B | $3,183 | $6,437 | 5.7% | 3.7% | 42.0% | 31.6M | 9.6% | 70.1 | 32.5% | |
| 2007 | $86.9B | $2,756 | $6,058 | 3.4% | 2.0% | 47.1% | 31.2M | 9.6% | 69.6 | 31.4% | |
| 2006 | $75.9B | $2,438 | $5,781 | 7.8% | 3.3% | 50.6% | 30.8M | 9.7% | 69.2 | 29.6% | |
| 2005 | $68.9B | $2,243 | $5,275 | 3.2% | 1.0% | 54.8% | 30.4M | 11.0% | 68.7 | 28.0% | |
| 2004 | $66.1B | $2,184 | $5,025 | 4.6% | 1.5% | 54.4% | 30M | 10.8% | 68.3 | 25.3% | |
| 2003 | $58B | $1,942 | $4,741 | 6.2% | 1.2% | 56.9% | 29.6M | 11.9% | 68.0 | 24.7% | |
| 2002 | $47.1B | $1,596 | $4,436 | 3.7% | 2.8% | 59.4% | 29.2M | 11.6% | 67.6 | 25.9% | |
| 2001 | $43.8B | $1,506 | $4,269 | 7.7% | 0.6% | 60.4% | 28.8M | 12.5% | 67.2 | 25.4% | |
| 2000 | $43B | $1,499 | $3,930 | 2.6% | 1.9% | 64.9% | 28.4M | 13.6% | 66.8 | 24.2% | |
| 1999 | $46.3B | $1,636 | $3,801 | 1.7% | 0.7% | 63.4% | 28M | 13.9% | 66.4 | 22.6% | |
| 1998 | $46.5B | $1,668 | $3,740 | 7.2% | 2.8% | 64.5% | 27.6M | 13.4% | 66.0 | 21.0% | |
| 1997 | $39.1B | $1,426 | $3,502 | −1.6% | 1.0% | 68.0% | 27.2M | 14.0% | 65.6 | 23.9% | |
| 1996 | $43.2B | $1,597 | $3,551 | 12.4% | 3.0% | 65.3% | 26.8M | 13.4% | 65.2 | 21.8% | |
| 1995 | $39B | $1,467 | $3,152 | −5.4% | 6.1% | 72.2% | 26.4M | 14.1% | 64.7 | 22.7% | |
| 1994 | $35.6B | $1,359 | $3,315 | 10.6% | 5.1% | 69.3% | 26M | 13.9% | 64.3 | 20.9% | |
| 1993 | $31.7B | $1,226 | $2,979 | −0.7% | 5.2% | 74.7% | 25.6M | 14.0% | 63.9 | 22.1% | |
| 1992 | $33.7B | $1,327 | $2,979 | −2.1% | 5.7% | 67.0% | 25.2M | 13.8% | 63.4 | 22.2% | |
| 1991 | $32.3B | $1,292 | $3,025 | 7.2% | 8.0% | 59.1% | 24.8M | 13.5% | 62.9 | 22.3% | |
| 1990 | $30.2B | $1,229 | $2,777 | 3.4% | 6.8% | 70.5% | 24.4M | 62.4 | 24.6% | ||
| 1989 | $26.3B | $1,091 | 2.8% | 3.3% | 23.9M | 61.8 | 22.6% | ||||
| 1988 | $25.7B | $1,086 | 11.9% | 2.4% | 23.5M | 61.2 | 25.0% | ||||
| 1987 | $21.8B | $937 | −0.3% | 2.7% | 23.1M | 60.6 | 22.5% | ||||
| 1986 | $19.5B | $855 | 9.3% | 8.7% | 22.6M | 60.0 | 21.9% | ||||
| 1985 | $15B | $673 | 6.0% | 7.7% | 22.1M | 59.2 | 25.5% | ||||
| 1984 | $14.8B | $682 | 6.4% | 12.4% | 21.6M | 58.4 | 25.6% | ||||
| 1983 | $16.3B | $767 | 1.4% | 6.2% | 21.1M | 57.7 | 22.8% | ||||
| 1982 | $17.7B | $857 | 9.0% | 10.5% | 20.5M | 56.9 | 21.6% | ||||
| 1981 | $17.8B | $884 | −1.7% | 12.5% | 20M | 56.0 | 22.7% | ||||
| 1980 | $21.7B | $1,110 | 3.6% | 9.4% | 19.5M | 55.2 | 19.3% | ||||
| 1979 | $15.9B | $835 | 4.8% | 8.3% | 19M | 54.4 | 17.0% | ||||
| 1978 | $13.2B | $713 | 2.2% | 9.7% | 18.5M | 53.6 | 16.4% | ||||
| 1977 | $11B | $611 | 6.1% | 12.6% | 18M | 52.8 | 16.9% | ||||
| 1976 | $9.58B | $543 | 10.8% | 8.5% | 17.6M | 52.0 | 17.9% | ||||
| 1975 | $8.98B | $522 | 7.6% | 7.9% | 17.2M | 51.4 | 22.5% | ||||
| 1974 | $7.68B | $457 | 5.6% | 17.6% | 16.7M | 50.8 | 27.6% | ||||
| 1973 | $6.24B | $381 | 3.6% | 4.1% | 16.3M | 50.2 | 20.8% | ||||
| 1972 | $5.07B | $317 | 2.4% | 3.8% | 15.9M | 49.7 | 18.6% | ||||
| 1971 | $4.36B | $279 | 5.6% | 4.2% | 15.5M | 49.2 | 17.0% | ||||
| 1970 | $3.96B | $260 | 4.7% | 1.3% | 15.1M | 48.7 | 17.6% | ||||
| 1969 | $3.65B | $247 | 8.4% | 2.9% | 14.7M | 48.2 | 18.4% | ||||
| 1968 | $3.27B | $227 | 9.9% | 0.4% | 14.3M | 47.7 | 18.5% | ||||
| 1967 | $3.05B | $217 | 10.0% | −0.7% | 14M | 47.1 | 17.9% | ||||
| 1966 | $2.88B | $211 | −1.0% | 13.6M | 46.5 | 19.0% | |||||
| 1965 | $2.95B | $222 | 3.5% | 13.2M | 45.9 | 18.2% | |||||
| 1964 | $2.8B | $216 | 4.0% | 12.9M | 45.3 | 19.5% | |||||
| 1963 | $2.66B | $211 | 5.7% | 12.6M | 44.8 | 17.9% | |||||
| 1962 | $2.38B | $194 | 5.1% | 12.3M | 44.2 | 18.0% | |||||
| 1961 | $2.03B | $169 | 1.8% | 11.9M | 43.7 | 21.8% | |||||
| 1960 | $2.04B | $175 | 3.4% | 11.6M | 41.7 | 23.6% |
e: IMF estimate; f: IMF forecast.
Nearby economies in Middle East, North Africa, Afghanistan & Pakistan
Nearest by distance between capitals, with GDP per capita.
Afghanistan · Algeria · Bahrain · Djibouti · Egypt · Iran · Iraq · Israel · Jordan · Kuwait · Lebanon · Libya · Malta · Morocco · Oman · Pakistan · Qatar · Saudi Arabia · Syria · Tunisia · United Arab Emirates · West Bank and Gaza · Yemen
Rankings
GDP by country · GDP per capita · Real GDP growth · Inflation by country · Government debt to GDP · Stock market to GDP · Population by country · Unemployment by country
Data and methods
- GDP: gross domestic product in current US dollars, converted from the local currency at market exchange rates (World Bank); not adjusted for inflation.
- Purchasing power parity (PPP): GDP per person in international dollars, which buy the same basket of goods and services in every country. It compares living standards across countries in the same year; it is not adjusted for inflation over time.
- In 2025 dollars: the charts can remove US inflation (US consumer price index, annual average) so that dollar amounts from different years compare in today's money. Exchange rate swings still show.
- Growth and inflation: World Bank data (calendar years). Years the World Bank does not cover yet, and the estimates and forecasts, come from the IMF World Economic Outlook (October 2026): its forecasts start in 2026, and the years after a country's last actual year are IMF estimates.
- Government debt: gross debt of the general government (central, state and local government and social security funds) as a percentage of GDP, IMF. The World Bank's central government debt is narrower and covers fewer countries.
- Stock market capitalization: the end-of-year value of domestic companies listed on the country's exchanges (World Federation of Exchanges via the World Bank; before 2016, Standard & Poor's), as a percentage of GDP: the “Buffett indicator”. Investment funds are excluded, and so are companies listed only abroad; companies from elsewhere that list on an exchange count for its country (Hong Kong lists many mainland Chinese companies).
- Unemployment: ILO modeled estimates (share of the labor force); comparable across countries, but they may differ from national figures.
Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)