What is the GDP of Morocco?

Morocco's GDP is approximately $160.6 billion USD. The GDP growth rate is 3.8%.

What is the population of Morocco?

Morocco has a population of approximately 38.1 million people. The population growth rate is 1%.

What is the inflation rate in Morocco?

The inflation rate in Morocco is 1%.

What is the unemployment rate in Morocco?

The unemployment rate in Morocco is 9%.

What is the GDP per capita of Morocco?

Morocco's GDP per capita is approximately $4,153 USD.

Is Morocco a good country to invest in?

Morocco has an investment score of 47/100, classified as "Caution" risk. Key sectors include Automotive, Agriculture, Tourism. Credit rating: BB+.

How open is Morocco's economy to trade?

Morocco's trade openness (trade as % of GDP) is 92%. Exports total approximately $67.5B and imports $80.6B.

How much foreign investment does Morocco attract?

Foreign direct investment (FDI) in Morocco is 1% of GDP. There may be opportunities for early-mover investors.

What are the main economic sectors in Morocco?

Morocco's economy is composed of services (53% of GDP), industry (26% of GDP), and agriculture (11% of GDP).

Can I start a business in Morocco as a foreigner?

Morocco offers various options for foreign entrepreneurs. Visit our business setup guide for Morocco for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Morocco's economy growing?

Morocco's GDP growth rate is 3.8%. This is above the global average, indicating strong economic momentum.

🇲🇦

Morocco Economy Overview

Name: NationsData World Economic Dataset
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Middle East & North AfricaLower MiddleCapital: RabatMAR

Caution

BB+

Growing

160.6B USD

GDP (Nominal)

Growing at 3.8%

$4,153

GDP Per Capita

Middle income level

38.1M

Population

+1% annual growth

Stable

Inflation

Price stability

92%of GDP

Trade Openness

1%of GDP

FDI Inflows

Public Debt

High

Unemployment

Deficit

-$13.1B

Trade Balance

Currency & Exchange Rate

Currency

MAD Moroccan Dirham

MAD

Exchange Rate (1 USD)

MAD10.05

-1.0% YoY(strengthened)

5-Year Change

+4.5%

From MAD9.62

Regime & Controls

managed float

Capital controls: moderate

GDP

Billion USD, nominal

$160.6B

2024+14.6B

GDP Growth

Annual %

3.8%

2024+0.1%

Inflation

Consumer prices, annual %

2024-5.1%

Population

Millions

38.1M

2024+0.4M

Economic Structure

Services53%

Industry26%

Agriculture11%

Infrastructure52/100

Internet Speed

35 Mbps

Mobile: 25 Mbps

Logistics Index

2.5 /5.0

World Bank LPI

Electricity

82%

Reliability score

Connectivity

moderate

78% internet access

Investment Score Breakdown

Economic Health (30%)48

Political Safety (25%)42

Business Climate (20%)50

Financial Strength (15%)45

Growth Potential (10%)55

Key Sectors

Automotive

5% of GDP

growing

Agriculture

12% of GDP

stable

Tourism

7% of GDP

growing

Renewable Energy

3% of GDP

growing

Should I Invest in Morocco?

CautionSetup: ComplexROI: Moderate

Morocco scores 47/100 on the NationsData Investment Index, rated "Caution". Growth is healthy at 3%. Business setup takes approximately 32 days with a corporate tax rate of 20%.

Investment Score47/100

GDP Growth3%

Inflation3.5%

FDI/GDP1.5%

Public Debt72%

Political Stability-0.2

Corporate Tax20%

Ease of Business#53

Strengths

+Healthy GDP growth at 3%
+100% foreign ownership allowed - no local partner required

Risks

-Moderate political risk - monitor regulatory changes closely
-Elevated public debt (72% of GDP)

Also Consider

Jordan

Same region, similar income level

Egypt

Same region, similar income level

Algeria

Same region, similar income level

Tunisia

Same region, similar income level

Countries Similar to Morocco

Based on investment profile, economic size, growth rate, and region

🇯🇴

Jordan

Similar investment profile · Similar risk level

93% match

🇪🇬

Egypt

Similar income level · Similar growth rate

92% match

🇹🇳

Tunisia

Similar income level · Similar growth rate

92% match

🇩🇿

Algeria

Similar income level · Similar growth rate

91% match

🇵🇭

Philippines

Similar investment profile · Similar income level

87% match

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