Gross capital formation in Morocco
Morocco: Gross capital formation was 49.02 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
49.02 billion constant 2015 US$
Change on year
up 14.9%
World rank
48th
of 163 countries
All-time high
49.02 billion constant 2015 US$
in 2025
All-time low
1.49 billion constant 2015 US$
in 1966
Years of data
60
1966–2025
Gross capital formation in Morocco, 1966–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross capital formation in Morocco stood at 49.02 billion constant 2015 US$. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 14.9% on the previous year and up 47.1% over ten years.
Over the whole period, gross capital formation in Morocco peaked at 49.02 billion constant 2015 US$ in 2025 and was at its lowest, 1.49 billion constant 2015 US$, in 1966.
Morocco ranks 48th of 163 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Morocco, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1966 | 1.49 billion constant 2015 US$ | — |
| 1967 | 2.07 billion constant 2015 US$ | +39.0% |
| 1968 | 1.92 billion constant 2015 US$ | -7.3% |
| 1969 | 2.82 billion constant 2015 US$ | +46.5% |
| 1970 | 3.99 billion constant 2015 US$ | +41.8% |
| 1971 | 4.06 billion constant 2015 US$ | +1.5% |
| 1972 | 3.34 billion constant 2015 US$ | -17.6% |
| 1973 | 3.52 billion constant 2015 US$ | +5.3% |
| 1974 | 4.64 billion constant 2015 US$ | +31.9% |
| 1975 | 6.07 billion constant 2015 US$ | +30.8% |
| 1976 | 7.17 billion constant 2015 US$ | +18.1% |
| 1977 | 8.98 billion constant 2015 US$ | +25.3% |
| 1978 | 6.17 billion constant 2015 US$ | -31.3% |
| 1979 | 6.11 billion constant 2015 US$ | -1.0% |
| 1980 | 6.77 billion constant 2015 US$ | +10.8% |
| 1981 | 6.23 billion constant 2015 US$ | -8.0% |
| 1982 | 6.81 billion constant 2015 US$ | +9.4% |
| 1983 | 5.72 billion constant 2015 US$ | -16.0% |
| 1984 | 6.86 billion constant 2015 US$ | +19.8% |
| 1985 | 7.42 billion constant 2015 US$ | +8.2% |
| 1986 | 7.44 billion constant 2015 US$ | +0.3% |
| 1987 | 7.13 billion constant 2015 US$ | -4.1% |
| 1988 | 7.58 billion constant 2015 US$ | +6.4% |
| 1989 | 9.02 billion constant 2015 US$ | +19.0% |
| 1990 | 9.18 billion constant 2015 US$ | +1.7% |
| 1991 | 9.42 billion constant 2015 US$ | +2.7% |
| 1992 | 9.56 billion constant 2015 US$ | +1.4% |
| 1993 | 9.19 billion constant 2015 US$ | -3.9% |
| 1994 | 9.26 billion constant 2015 US$ | +0.8% |
| 1995 | 9.99 billion constant 2015 US$ | +7.9% |
| 1996 | 10.42 billion constant 2015 US$ | +4.3% |
| 1997 | 11.19 billion constant 2015 US$ | +7.4% |
| 1998 | 13.20 billion constant 2015 US$ | +18.0% |
| 1999 | 12.94 billion constant 2015 US$ | -2.0% |
| 2000 | 13.17 billion constant 2015 US$ | +1.8% |
| 2001 | 14.41 billion constant 2015 US$ | +9.4% |
| 2002 | 15.15 billion constant 2015 US$ | +5.2% |
| 2003 | 17.98 billion constant 2015 US$ | +18.6% |
| 2004 | 19.66 billion constant 2015 US$ | +9.4% |
| 2005 | 19.48 billion constant 2015 US$ | -0.9% |
| 2006 | 21.10 billion constant 2015 US$ | +8.3% |
| 2007 | 23.93 billion constant 2015 US$ | +13.4% |
| 2008 | 29.40 billion constant 2015 US$ | +22.9% |
| 2009 | 28.61 billion constant 2015 US$ | -2.7% |
| 2010 | 28.12 billion constant 2015 US$ | -1.7% |
| 2011 | 31.01 billion constant 2015 US$ | +10.3% |
| 2012 | 30.72 billion constant 2015 US$ | -0.9% |
| 2013 | 32.25 billion constant 2015 US$ | +5.0% |
| 2014 | 31.55 billion constant 2015 US$ | -2.2% |
| 2015 | 33.32 billion constant 2015 US$ | +5.6% |
| 2016 | 36.01 billion constant 2015 US$ | +8.1% |
| 2017 | 37.10 billion constant 2015 US$ | +3.0% |
| 2018 | 39.05 billion constant 2015 US$ | +5.3% |
| 2019 | 38.97 billion constant 2015 US$ | -0.2% |
| 2020 | 34.33 billion constant 2015 US$ | -11.9% |
| 2021 | 39.30 billion constant 2015 US$ | +14.5% |
| 2022 | 36.87 billion constant 2015 US$ | -6.2% |
| 2023 | 38.47 billion constant 2015 US$ | +4.3% |
| 2024 | 42.67 billion constant 2015 US$ | +10.9% |
| 2025 | 49.02 billion constant 2015 US$ | +14.9% |
Morocco compared with similar countries
- Morocco's 49.02 billion constant 2015 US$ is above the median for lower middle income countries, which is 5.34 billion constant 2015 US$, 9.2× the median. (42 countries reporting)
- Morocco's 49.02 billion constant 2015 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 23.64 billion constant 2015 US$, 2.1× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.08 billion constant 2015 US$ | 1.49 billion constant 2015 US$ | 2.82 billion constant 2015 US$ | 4 |
| 1970s | 5.41 billion constant 2015 US$ | 3.34 billion constant 2015 US$ | 8.98 billion constant 2015 US$ | 10 |
| 1980s | 7.10 billion constant 2015 US$ | 5.72 billion constant 2015 US$ | 9.02 billion constant 2015 US$ | 10 |
| 1990s | 10.43 billion constant 2015 US$ | 9.18 billion constant 2015 US$ | 13.20 billion constant 2015 US$ | 10 |
| 2000s | 20.29 billion constant 2015 US$ | 13.17 billion constant 2015 US$ | 29.40 billion constant 2015 US$ | 10 |
| 2010s | 33.81 billion constant 2015 US$ | 28.12 billion constant 2015 US$ | 39.05 billion constant 2015 US$ | 10 |
| 2020s | 40.11 billion constant 2015 US$ | 34.33 billion constant 2015 US$ | 49.02 billion constant 2015 US$ | 6 |
Countries ranked near Morocco
- 45 South Africa 51.11 billion constant 2015 US$ compare
- 46 New Zealand 50.31 billion constant 2015 US$ compare
- 47 Portugal 50.15 billion constant 2015 US$ compare
- 49 Egypt 44.09 billion constant 2015 US$ compare
- 50 Ethiopia 41.64 billion constant 2015 US$ compare
- 51 Greece 36.69 billion constant 2015 US$ compare
More economy & growth data for Morocco
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.57 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.41 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 811.51 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0044 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 21.12 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.32 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 89.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0182 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 86.35 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 30.48 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Morocco?
- Gross capital formation in Morocco was 49.02 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Morocco?
- The highest recorded value was 49.02 billion constant 2015 US$ in 2025.
- What is the lowest gross capital formation recorded in Morocco?
- The lowest recorded value was 1.49 billion constant 2015 US$ in 1966.
- How does Morocco rank for gross capital formation?
- Morocco ranks 48th out of 163 countries with data for 2025.
- Is gross capital formation rising or falling in Morocco?
- Over the last ten years it is up 47.1%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.