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The Gross Domestic Product (GDP) in Morocco was worth 154.43 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Morocco represents 0.15 percent of the world economy. This dataset provides the latest reported value for - Morocco GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The Gross Domestic Product (GDP) in Morocco expanded 4.80 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset 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.
In the first quarter of 2021, the value added in Morocco was highest in the manufacturing industry, amounting to 35.5 billion Moroccan dirhams (MAD), roughly 3.9 billion U.S. dollars. Moreover, contributions from business and private services in the country reached 28.87 billion MAD, around 3.27 billion U.S. dollars.
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GDP from Transport in Morocco decreased to 9241 MAD Million in the first quarter of 2025 from 9253 MAD Million in the fourth quarter of 2024. This dataset provides - Morocco Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Morocco: Economic growth: the rate of change of real GDP: The latest value from 2023 is 3.4 percent, an increase from 1.53 percent in 2022. In comparison, the world average is 3.43 percent, based on data from 184 countries. Historically, the average for Morocco from 1967 to 2023 is 4.42 percent. The minimum value, -7.18 percent, was reached in 2020 while the maximum of 12.37 percent was recorded in 1996.
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Historical chart and dataset showing Morocco GDP by year from 1960 to 2023.
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Morocco: Economic growth forecast: The latest value from 2030 is 3.57 percent, unchanged from 3.57 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Morocco from 1980 to 2030 is 3.64 percent. The minimum value, -7.18 percent, was reached in 2020 while the maximum of 13.46 percent was recorded in 1996.
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Morocco GDP: Value Added: Building and Construction data was reported at 24,216.398 MAD mn in 2005. This records an increase from the previous number of 22,298.709 MAD mn for 2004. Morocco GDP: Value Added: Building and Construction data is updated yearly, averaging 12,019.850 MAD mn from Dec 1980 (Median) to 2005, with 26 observations. The data reached an all-time high of 24,216.398 MAD mn in 2005 and a record low of 4,650.000 MAD mn in 1980. Morocco GDP: Value Added: Building and Construction data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.A038: SNA 1968: GDP: by Industry: Current Price: Annual.
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Morocco GDP: sa: Value Added: Transports data was reported at 14,069.033 MAD mn in Dec 2024. This records an increase from the previous number of 12,824.510 MAD mn for Sep 2024. Morocco GDP: sa: Value Added: Transports data is updated quarterly, averaging 8,875.228 MAD mn from Mar 2007 (Median) to Dec 2024, with 72 observations. The data reached an all-time high of 14,069.033 MAD mn in Dec 2024 and a record low of 5,911.941 MAD mn in Dec 2008. Morocco GDP: sa: Value Added: Transports data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.A009: SNA 2008: GDP: by Industry: Current Price: Seasonally Adjusted.
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Morocco: Shadow economy, percent of GDP: The latest value from 2015 is 27.13 percent, a decline from 29.18 percent in 2014. In comparison, the world average is 27.78 percent, based on data from 158 countries. Historically, the average for Morocco from 1991 to 2015 is 34.01 percent. The minimum value, 27.13 percent, was reached in 2015 while the maximum of 40.42 percent was recorded in 1995.
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Morocco GDP: Value Added: Agriculture, Forestry and Fishing data was reported at 64,695.888 MAD mn in 2005. This records a decrease from the previous number of 70,398.137 MAD mn for 2004. Morocco GDP: Value Added: Agriculture, Forestry and Fishing data is updated yearly, averaging 39,418.050 MAD mn from Dec 1980 (Median) to 2005, with 26 observations. The data reached an all-time high of 70,398.137 MAD mn in 2004 and a record low of 10,205.700 MAD mn in 1981. Morocco GDP: Value Added: Agriculture, Forestry and Fishing data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.A038: SNA 1968: GDP: by Industry: Current Price: Annual. Rebased from 1980p to 1998p Replacement series IDs: 129210008; 129210108
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The Gross Domestic Product per capita in Morocco was last recorded at 3478.99 US dollars in 2024. The GDP per Capita in Morocco is equivalent to 28 percent of the world's average. This dataset provides the latest reported value for - Morocco GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The gross domestic product (GDP) in current prices in Morocco was estimated at about 155.35 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 131.54 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 69.16 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
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Claims on other sectors of the domestic economy (% of GDP) in Morocco was reported at 92.41 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Morocco - Claims on other sectors of the domestic economy (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Morocco MA: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 13.056 % in 2017. This records an increase from the previous number of 12.025 % for 2016. Morocco MA: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 13.923 % from Dec 1965 (Median) to 2017, with 53 observations. The data reached an all-time high of 23.445 % in 1965 and a record low of 10.685 % in 1981. Morocco MA: GDP: % of GDP: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Morocco – Table MA.World Bank.WDI: Gross Domestic Product: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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Morocco: Value added in the agricultural sector as percent of GDP: The latest value from 2023 is 11.06 percent, an increase from 9.82 percent in 2022. In comparison, the world average is 9.91 percent, based on data from 166 countries. Historically, the average for Morocco from 1965 to 2023 is 14.54 percent. The minimum value, 9.82 percent, was reached in 2022 while the maximum of 23.45 percent was recorded in 1965.
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Consumer Spending in Morocco increased to 885262 MAD Million in 2023 from 816029 MAD Million in 2022. This dataset provides the latest reported value for - Morocco Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Industrial Production in Morocco increased 3.20 percent in the first quarter of 2025 over the same quarter in the previous year. This dataset provides - Morocco Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Inflation Rate in Morocco decreased to 0.40 percent in May from 0.70 percent in April of 2025. This dataset provides - Morocco Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Morocco recorded a Government Debt to GDP of 70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Morocco Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Gross Domestic Product (GDP) in Morocco was worth 154.43 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Morocco represents 0.15 percent of the world economy. This dataset provides the latest reported value for - Morocco GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.