Morocco |
Gross domestic product, constant prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2007
Chain-weighted: Yes, from 2007
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
912.478 |
951.249 |
981.199 |
1,006.788 |
943.429 |
997.508 |
1,028.723 |
1,066.268 |
1,103.922 |
1,142.980 |
1,182.249 |
2020 |
Morocco |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
1.060 |
4.249 |
3.149 |
2.608 |
-6.293 |
5.732 |
3.129 |
3.650 |
3.531 |
3.538 |
3.436 |
2020 |
Morocco |
Gross domestic product, current prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2007
Chain-weighted: Yes, from 2007
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
1,013.229 |
1,063.045 |
1,108.463 |
1,152.806 |
1,089.521 |
1,163.605 |
1,213.128 |
1,275.849 |
1,342.429 |
1,414.828 |
1,490.119 |
2020 |
Morocco |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
103.312 |
109.683 |
118.096 |
119.871 |
114.602 |
126.035 |
132.645 |
140.722 |
149.177 |
158.231 |
166.651 |
2020 |
Morocco |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
253.685 |
264.213 |
279.042 |
291.441 |
276.391 |
302.765 |
320.834 |
340.456 |
360.513 |
381.377 |
402.654 |
2020 |
Morocco |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
111.041 |
111.753 |
112.970 |
114.503 |
115.485 |
116.651 |
117.926 |
119.656 |
121.605 |
123.784 |
126.041 |
2020 |
Morocco |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
26,458.611 |
27,293.964 |
27,859.152 |
28,290.904 |
26,241.340 |
27,469.715 |
28,053.520 |
28,800.927 |
29,540.327 |
30,308.124 |
31,070.936 |
2018 |
Morocco |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
7,348.976 |
7,580.998 |
7,737.981 |
7,857.901 |
7,288.628 |
7,629.813 |
7,791.967 |
7,999.562 |
8,204.933 |
8,418.192 |
8,630.066 |
2018 |
Morocco |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
29,380.027 |
30,501.693 |
31,472.544 |
32,394.020 |
30,304.879 |
32,043.766 |
33,082.290 |
34,461.919 |
35,922.643 |
37,516.642 |
39,162.137 |
2018 |
Morocco |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
2,995.677 |
3,147.101 |
3,353.100 |
3,368.386 |
3,187.630 |
3,470.795 |
3,617.254 |
3,801.031 |
3,991.896 |
4,195.762 |
4,379.790 |
2018 |
Morocco |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
7,355.973 |
7,580.998 |
7,922.828 |
8,189.544 |
7,687.785 |
8,337.661 |
8,749.220 |
9,196.049 |
9,647.123 |
10,112.876 |
10,582.236 |
2018 |
Morocco |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.219 |
0.217 |
0.216 |
0.216 |
0.209 |
0.209 |
0.206 |
0.206 |
0.206 |
0.207 |
0.207 |
2020 |
Morocco |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
3.994 |
4.023 |
3.972 |
3.956 |
3.942 |
3.843 |
3.781 |
3.747 |
3.724 |
3.710 |
3.701 |
2020 |
Morocco |
Total investment |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2007
Chain-weighted: Yes, from 2007
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
32.391 |
32.624 |
33.401 |
31.942 |
28.449 |
28.101 |
28.188 |
28.454 |
28.702 |
28.939 |
29.147 |
2020 |
Morocco |
Gross national savings |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2007
Chain-weighted: Yes, from 2007
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
28.341 |
29.205 |
28.136 |
28.263 |
26.982 |
25.033 |
24.935 |
24.630 |
24.976 |
25.410 |
25.732 |
2020 |
Morocco |
Inflation, average consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2017. Component weights have changed since 2006. Additionally, since 2018, the HCP has been publishing a general price index based on a more detailed basket of goods than that which is available through the data releases. Hence, the component weights are reverse-engineered so that the index calculated based on the broad price categories published on the HCP website is broadly in line with the HCP published general index. This leads to some historical discrepancies.
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
99.266 |
100.004 |
101.573 |
101.817 |
102.451 |
103.885 |
105.132 |
106.814 |
108.736 |
110.911 |
113.129 |
2020 |
Morocco |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
1.546 |
0.744 |
1.569 |
0.240 |
0.622 |
1.400 |
1.200 |
1.600 |
1.800 |
2.000 |
2.000 |
2020 |
Morocco |
Inflation, end of period consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2017. Component weights have changed since 2006. Additionally, since 2018, the HCP has been publishing a general price index based on a more detailed basket of goods than that which is available through the data releases. Hence, the component weights are reverse-engineered so that the index calculated based on the broad price categories published on the HCP website is broadly in line with the HCP published general index. This leads to some historical discrepancies.
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
99.612 |
101.304 |
101.405 |
102.446 |
101.511 |
102.628 |
103.860 |
105.521 |
107.421 |
109.569 |
111.761 |
2020 |
Morocco |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
1.723 |
1.699 |
0.100 |
1.027 |
-0.912 |
1.100 |
1.200 |
1.600 |
1.800 |
2.000 |
2.000 |
2020 |
Morocco |
Volume of imports of goods and services |
Percent change |
|
Source: Office des changes
Latest actual data: 2020
Base year: 1990
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
15.817 |
6.316 |
4.394 |
1.238 |
-8.343 |
8.093 |
9.702 |
5.946 |
-0.477 |
4.570 |
4.552 |
2020 |
Morocco |
Volume of Imports of goods |
Percent change |
|
Source: Office des changes
Latest actual data: 2020
Base year: 1990
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
17.587 |
5.456 |
4.344 |
3.717 |
-4.336 |
2.272 |
9.533 |
6.018 |
-1.751 |
5.715 |
5.693 |
2020 |
Morocco |
Volume of exports of goods and services |
Percent change |
|
Source: Office des changes
Latest actual data: 2020
Base year: 1990
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
7.105 |
10.838 |
1.839 |
3.058 |
-21.254 |
10.057 |
15.853 |
5.695 |
6.435 |
4.744 |
4.198 |
2020 |
Morocco |
Volume of exports of goods |
Percent change |
|
Source: Office des changes
Latest actual data: 2020
Base year: 1990
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
8.872 |
10.738 |
2.887 |
1.301 |
-7.187 |
10.630 |
9.615 |
5.617 |
7.240 |
7.399 |
6.539 |
2020 |
Morocco |
Unemployment rate |
Percent of total labor force |
|
Source: National Statistics Office
Latest actual data: FY2017/18
Employment type: Harmonized ILO definition
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
9.000 |
10.600 |
9.400 |
10.200 |
12.200 |
11.959 |
11.499 |
10.964 |
10.446 |
9.926 |
9.422 |
2018 |
Morocco |
Population |
Persons |
Millions |
Source: National Statistics Office
Latest actual data: 2018
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
34.487 |
34.852 |
35.220 |
35.587 |
35.952 |
36.313 |
36.670 |
37.022 |
37.370 |
37.712 |
38.050 |
2018 |
Morocco |
General government revenue |
National currency |
Billions |
Source: Ministry of Economy and/or Planning
Latest actual data: 2020
Fiscal assumptions: Authorities' and staff estimates
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;. Other level fiscal data is not available from the authorities.
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans;. Net debt is calculated as gross debt minus government deposits in the central bank.
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
263.989 |
282.376 |
289.764 |
295.219 |
309.621 |
287.274 |
315.458 |
334.885 |
356.302 |
380.578 |
405.459 |
2020 |
Morocco |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
26.054 |
26.563 |
26.141 |
25.609 |
28.418 |
24.688 |
26.004 |
26.248 |
26.542 |
26.899 |
27.210 |
2020 |
Morocco |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Economy and/or Planning
Latest actual data: 2020
Fiscal assumptions: Authorities' and staff estimates
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;. Other level fiscal data is not available from the authorities.
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans;. Net debt is calculated as gross debt minus government deposits in the central bank.
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
312.422 |
319.519 |
330.768 |
339.245 |
392.042 |
362.736 |
387.206 |
401.214 |
418.753 |
436.466 |
459.664 |
2020 |
Morocco |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
30.834 |
30.057 |
29.840 |
29.428 |
35.983 |
31.173 |
31.918 |
31.447 |
31.194 |
30.849 |
30.847 |
2020 |
Morocco |
General government net lending/borrowing |
National currency |
Billions |
Source: Ministry of Economy and/or Planning
Latest actual data: 2020
Fiscal assumptions: Authorities' and staff estimates
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;. Other level fiscal data is not available from the authorities.
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans;. Net debt is calculated as gross debt minus government deposits in the central bank.
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
-48.433 |
-37.144 |
-41.004 |
-44.026 |
-82.421 |
-75.462 |
-71.748 |
-66.329 |
-62.451 |
-55.888 |
-54.205 |
2020 |
Morocco |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
-4.780 |
-3.494 |
-3.699 |
-3.819 |
-7.565 |
-6.485 |
-5.914 |
-5.199 |
-4.652 |
-3.950 |
-3.638 |
2020 |
Morocco |
General government structural balance |
National currency |
Billions |
Source: Ministry of Economy and/or Planning
Latest actual data: 2020
Fiscal assumptions: Authorities' and staff estimates
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;. Other level fiscal data is not available from the authorities.
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans;. Net debt is calculated as gross debt minus government deposits in the central bank.
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
-49.233 |
-45.242 |
-42.194 |
-43.613 |
-61.598 |
-66.961 |
-65.698 |
-63.568 |
-61.950 |
-56.732 |
-55.851 |
2020 |
Morocco |
General government structural balance |
Percent of potential GDP |
|
See notes for:
General government structural balance (National currency).
|
-4.815 |
-4.194 |
-3.773 |
-3.750 |
-5.291 |
-5.599 |
-5.312 |
-4.931 |
-4.593 |
-4.003 |
-3.748 |
2020 |
Morocco |
General government primary net lending/borrowing |
National currency |
Billions |
Source: Ministry of Economy and/or Planning
Latest actual data: 2020
Fiscal assumptions: Authorities' and staff estimates
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;. Other level fiscal data is not available from the authorities.
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans;. Net debt is calculated as gross debt minus government deposits in the central bank.
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
-21.538 |
-10.066 |
-14.071 |
-17.685 |
-55.110 |
-47.560 |
-42.923 |
-35.237 |
-26.542 |
-17.551 |
-12.962 |
2020 |
Morocco |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
-2.126 |
-0.947 |
-1.269 |
-1.534 |
-5.058 |
-4.087 |
-3.538 |
-2.762 |
-1.977 |
-1.240 |
-0.870 |
2020 |
Morocco |
General government net debt |
National currency |
Billions |
Source: Ministry of Economy and/or Planning
Latest actual data: 2020
Fiscal assumptions: Authorities' and staff estimates
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;. Other level fiscal data is not available from the authorities.
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans;. Net debt is calculated as gross debt minus government deposits in the central bank.
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
652.436 |
688.417 |
719.812 |
746.810 |
813.862 |
874.039 |
921.203 |
968.866 |
1,019.742 |
1,070.241 |
1,121.128 |
2020 |
Morocco |
General government net debt |
Percent of GDP |
|
See notes for:
General government net debt (National currency).
|
64.392 |
64.759 |
64.938 |
64.782 |
74.699 |
75.115 |
75.936 |
75.939 |
75.962 |
75.645 |
75.237 |
2020 |
Morocco |
General government gross debt |
National currency |
Billions |
Source: Ministry of Economy and/or Planning
Latest actual data: 2020
Fiscal assumptions: Authorities' and staff estimates
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;. Other level fiscal data is not available from the authorities.
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans;. Net debt is calculated as gross debt minus government deposits in the central bank.
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
657.376 |
692.300 |
722.693 |
750.120 |
821.200 |
881.877 |
929.374 |
977.460 |
1,028.784 |
1,079.770 |
1,131.164 |
2020 |
Morocco |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
64.879 |
65.124 |
65.198 |
65.069 |
75.373 |
75.788 |
76.610 |
76.612 |
76.636 |
76.318 |
75.911 |
2020 |
Morocco |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: Ministry of Economy and/or Planning
Latest actual data: 2020
Fiscal assumptions: Authorities' and staff estimates
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;. Other level fiscal data is not available from the authorities.
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans;. Net debt is calculated as gross debt minus government deposits in the central bank.
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
1,013.229 |
1,063.045 |
1,108.463 |
1,152.806 |
1,089.521 |
1,163.605 |
1,213.128 |
1,275.849 |
1,342.429 |
1,414.828 |
1,490.119 |
2020 |
Morocco |
Current account balance |
U.S. dollars |
Billions |
Source: Foreign Exchange Office
Latest actual data: 2020
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: Moroccan dirham
Data last updated: 09/2021
|
-4.185 |
-3.750 |
-6.219 |
-4.411 |
-1.682 |
-3.867 |
-4.316 |
-5.382 |
-5.559 |
-5.585 |
-5.691 |
2020 |
Morocco |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
-4.050 |
-3.419 |
-5.266 |
-3.680 |
-1.467 |
-3.068 |
-3.254 |
-3.824 |
-3.727 |
-3.530 |
-3.415 |
2020 |