Morocco GDP Annual Growth Rate: 3.1% (2023)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Morocco is estimated to be $132 Billion US dollars at the end of 2023.

The economy of Morocco has grown at an average annual growth rate of 1.2% in the last four years and is ranked the 5th largest economy in Africa, ahead of Ethiopia.

World Economics Rates Morocco's Offical GDP Data as Grade C

GDP Annual Growth Rate: Morocco


Source: World Bank, World Economics
0 0 0 Morocco|#FE1800|2.4372373471504, 3.55931083191807, 5.59604994452371, 7.55822156130436, 10.8127813441382, 6.05916767916479, 2.23266338830095, 4.79378720509548, 3.64216481331357, -1.74343493044302, 8.95737202264262, 1.38656957718641, 6.41838632127607, 6.00765207156169, 9.27110576947608, -0.325004075718994, 11.8752359788077, 2.84620258129334, 3.4118122263138, 7.21608816138237, -2.09773876147652, -0.740591692022178, 10.5880004006168, -5.40544786715996, 12.3728762760077, -1.56070235606454, 7.23855268965383, 1.08133256173805, 1.91287298063767, 7.31996745420717, 3.12144965600538, 5.96116215478284, 4.79701836216324, 3.29163968433596, 7.57463164458541, 3.53159415154489, 5.92327768597593, 4.24375732083367, 3.8157179167666, 5.24569729729485, 3.00996126221978, 4.53542420003856, 19.0472787978512, 4.34458297635238, 0.521185509206546, 5.05789815663479, 3.06564133362987, 2.89097476065345, -7.18707958149294, 7.9296679419552, 0.767, 3.116 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023,








 





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Economic Indicators: Morocco 2020 2021 2022 2023
GDP Annual Growth Rate (%) -7.2 7.9 0.8 3.1
GDP per Capita Annual Growth Rate (%) -8.2 6.8 0.8 3.1
Real GDP (US$ Billions, 2010) 115 124 128 132
Real GDP per Capita (US$, 2010) 3,081 3,291 3,393 3,494
Current GDP (Billions, US$) 121 143 147 152
Current GDP per Capita (US$) 3,258 3,795 3,914 4,029
Real GDP PPP (Billions, 2017) 281 303 306 315
Real GDP per Capita PPP (int$ 2017) 7,614 8,123 8,092 8,252
Data Quality Rating for Morocco See how much you can trust Morocco's GDP Data





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