Annual GDP growth in Morocco
Morocco: Annual GDP growth was 3.4% in 2023. ◆ Volatile
Latest (2023)
3.4%
Change on year
up 122.2%
World rank
93rd
of 211 countries
All-time high
8.2%
in 2021
All-time low
-7.2%
in 2020
Years of data
24
2000–2023
Annual GDP growth in Morocco, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, annual gdp growth in Morocco stood at 3.4%.
The figure is up 122.2% on the previous year and down 17.5% over ten years.
Over the whole period, annual gdp growth in Morocco peaked at 8.2% in 2021 and was at its lowest, -7.2%, in 2020.
That places Morocco 93rd out of 211 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.9% | 2.6% | 7.8% | 10 |
| 2010s | 3.5% | 0.5% | 5.5% | 10 |
| 2020s | 1.5% | -7.2% | 8.2% | 4 |
Countries ranked near Morocco
More economy & growth data for Morocco
- External balance on goods and services as a percent of GDP -9.2% (2025)
- Inflation of consumer prices 0.7% (2025)
- GDP per capita 3,644 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 14.9% (2025)
- Gross domestic product (GDP) 142.22 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 3,644 constant 2015 US$ (2025)
- DEC alternative conversion factor 9.35 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 133.89 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 14.32 billion current US$ (2025)
- Taxes less subsidies on products 202.95 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Morocco?
- Annual gdp growth in Morocco was 3.4% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Morocco?
- The highest recorded value was 8.2% in 2021.
- What is the lowest annual gdp growth recorded in Morocco?
- The lowest recorded value was -7.2% in 2020.
- How does Morocco rank for annual gdp growth?
- Morocco ranks 93rd out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Morocco?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual GDP growth (%)