Economic Trivia

Morocco is the world's third-largest producer of phosphorus.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2016): Spain, France, and China
Top 3 Exported Goods (2016): Electrical Machinery, Motor Vehicles & Parts, and Apparel: Non Knit

Top Industries Source: CIA World Factbook

Phosphate Rock Mining and Processing; Food Processing; Leather Goods; Textiles

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $298,504,406,108 (2017)
GDP Growth Rate (annual %) 4.088% (2017)
GDP Per Capita, PPP (current international) $8,225 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 57/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 0.755% (2017)
External debt stocks, total (DOD, current US$) $49,752,245,070 (2017)
Total tax rate (% of commercial profits) 49.8% (2018)
Real Interest Rate (5 year average %) -1.949% (2012)
Manufacturing, value added (% of GDP) 15.737% (2017)
Current Account Balance (BoP, current US$) ($3,910,863,901) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 11,955,431 (2018)
Employment in Agriculture (% of total employment) 38.093% (2018)
Employment in Industry (% of total employment) 21.596% (2018)
Employment in Services (% of total employment) 40.311% (2018)
Unemployment Rate 9.04% (2018)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $51,147,028,477 (2017)
Exports of goods and services (current US$) $40,714,609,988 (2017)
Total Merchandise Trade (% of GDP) 64.039% (2017)
FDI, net inflows (BoP, current US$) $2,680,109,856 (2017)
Commercial Service Exports (current US$) $16,619,375,825 (2017)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Morocco’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank