Gross domestic product (GDP), annual growth rate in Morocco
Morocco: Gross domestic product (GDP), annual growth rate was 2.45 % change on previous year in 2023. ◆ Volatile
Latest (2023)
2.45 % change on previous year
Change on year
up 3.2%
World rank
93rd
of 184 countries
All-time high
28.04 % change on previous year
in 1961
All-time low
-7.12 % change on previous year
in 1997
Years of data
73
1951–2023
Gross domestic product (GDP), annual growth rate in Morocco, 1951–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in Morocco is 2.45 % change on previous year, measured in 2023.
Compared with earlier readings it is up 3.2% on the previous year and up 52.4% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Morocco peaked at 28.04 % change on previous year in 1961 and was at its lowest, -7.12 % change on previous year, in 1997.
Morocco ranks 93rd of 184 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 domestic product (GDP), annual growth rate in Morocco, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1951 | 1.01 % change on previous year | — |
| 1952 | 7.28 % change on previous year | +624.0% |
| 1953 | 1.99 % change on previous year | -72.7% |
| 1954 | 5.63 % change on previous year | +182.8% |
| 1955 | -0.7106 % change on previous year | -112.6% |
| 1956 | 2.42 % change on previous year | -440.9% |
| 1957 | -0.7623 % change on previous year | -131.5% |
| 1958 | 6.38 % change on previous year | -936.4% |
| 1959 | 5.03 % change on previous year | -21.0% |
| 1960 | 2.13 % change on previous year | -57.7% |
| 1961 | 28.04 % change on previous year | +1217.5% |
| 1962 | 14.37 % change on previous year | -48.8% |
| 1963 | 17.04 % change on previous year | +18.6% |
| 1964 | 6.43 % change on previous year | -62.3% |
| 1965 | -1.58 % change on previous year | -124.6% |
| 1966 | -3.44 % change on previous year | +117.5% |
| 1967 | 3.01 % change on previous year | -187.5% |
| 1968 | 6.72 % change on previous year | +123.3% |
| 1969 | 11.49 % change on previous year | +71.0% |
| 1970 | -5.03 % change on previous year | -143.8% |
| 1971 | 6.87 % change on previous year | -236.6% |
| 1972 | 2.52 % change on previous year | -63.3% |
| 1973 | 2.83 % change on previous year | +12.1% |
| 1974 | 7.91 % change on previous year | +179.6% |
| 1975 | 5.26 % change on previous year | -33.5% |
| 1976 | 10.87 % change on previous year | +106.5% |
| 1977 | 3.08 % change on previous year | -71.7% |
| 1978 | 6.44 % change on previous year | +109.1% |
| 1979 | 6.14 % change on previous year | -4.8% |
| 1980 | 0.8275 % change on previous year | -86.5% |
| 1981 | 1.79 % change on previous year | +116.2% |
| 1982 | 12.09 % change on previous year | +575.9% |
| 1983 | 7.17 % change on previous year | -40.7% |
| 1984 | 8.33 % change on previous year | +16.2% |
| 1985 | 9.83 % change on previous year | +18.1% |
| 1986 | 10.38 % change on previous year | +5.6% |
| 1987 | 2.69 % change on previous year | -74.1% |
| 1988 | 11.26 % change on previous year | +319.1% |
| 1989 | 1.95 % change on previous year | -82.7% |
| 1990 | 1.68 % change on previous year | -14.0% |
| 1991 | 11.56 % change on previous year | +589.3% |
| 1992 | 0.5762 % change on previous year | -95.0% |
| 1993 | 1.25 % change on previous year | +117.0% |
| 1994 | 12.01 % change on previous year | +860.4% |
| 1995 | -1.39 % change on previous year | -111.6% |
| 1996 | 16.96 % change on previous year | -1317.9% |
| 1997 | -7.12 % change on previous year | -142.0% |
| 1998 | 0.8191 % change on previous year | -111.5% |
| 1999 | -4.07 % change on previous year | -596.9% |
| 2000 | -3.64 % change on previous year | -10.5% |
| 2001 | 2.34 % change on previous year | -164.3% |
| 2002 | -1.2 % change on previous year | -151.1% |
| 2003 | 3.7 % change on previous year | -409.0% |
| 2004 | -0.2062 % change on previous year | -105.6% |
| 2005 | -0.589 % change on previous year | +185.6% |
| 2006 | 8.66 % change on previous year | -1569.7% |
| 2007 | 5.69 % change on previous year | -34.3% |
| 2008 | 13.92 % change on previous year | +144.9% |
| 2009 | 10.5 % change on previous year | -24.6% |
| 2010 | 7.98 % change on previous year | -24.0% |
| 2011 | 13.1 % change on previous year | +64.3% |
| 2012 | 4 % change on previous year | -69.5% |
| 2013 | 1.61 % change on previous year | -59.8% |
| 2014 | -4.69 % change on previous year | -392.1% |
| 2015 | 9.46 % change on previous year | -301.5% |
| 2016 | 0.6857 % change on previous year | -92.7% |
| 2017 | 3.12 % change on previous year | +355.5% |
| 2018 | -6.45 % change on previous year | -306.6% |
| 2019 | 2.05 % change on previous year | -131.8% |
| 2020 | -4.74 % change on previous year | -330.7% |
| 2021 | 8.12 % change on previous year | -271.2% |
| 2022 | 2.37 % change on previous year | -70.8% |
| 2023 | 2.45 % change on previous year | +3.2% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate in Morocco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +1569.7% | -0.589 % change on previous year | 8.66 % change on previous year |
| 1996 | +1317.9% | -1.39 % change on previous year | 16.96 % change on previous year |
| 1961 | +1217.5% | 2.13 % change on previous year | 28.04 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 3.14 % change on previous year | -0.7623 % change on previous year | 7.28 % change on previous year | 9 |
| 1960s | 8.42 % change on previous year | -3.44 % change on previous year | 28.04 % change on previous year | 10 |
| 1970s | 4.69 % change on previous year | -5.03 % change on previous year | 10.87 % change on previous year | 10 |
| 1980s | 6.63 % change on previous year | 0.8275 % change on previous year | 12.09 % change on previous year | 10 |
| 1990s | 3.23 % change on previous year | -7.12 % change on previous year | 16.96 % change on previous year | 10 |
| 2000s | 3.92 % change on previous year | -3.64 % change on previous year | 13.92 % change on previous year | 10 |
| 2010s | 3.09 % change on previous year | -6.45 % change on previous year | 13.1 % change on previous year | 10 |
| 2020s | 2.05 % change on previous year | -4.74 % change on previous year | 8.12 % change on previous year | 4 |
Countries ranked near Morocco
- 90 Portugal 2.5 % change on previous year compare
- 91 Dominica 2.47 % change on previous year compare
- 92 Cameroon 2.46 % change on previous year compare
- 94 Algeria 2.41 % change on previous year compare
- 95 Latvia 2.41 % change on previous year compare
- 96 Saint Kitts and Nevis 2.4 % change on previous year 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 domestic product (gdp), annual growth rate in Morocco?
- Gross domestic product (gdp), annual growth rate in Morocco was 2.45 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Morocco?
- The highest recorded value was 28.04 % change on previous year in 1961.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Morocco?
- The lowest recorded value was -7.12 % change on previous year in 1997.
- How does Morocco rank for gross domestic product (gdp), annual growth rate?
- Morocco ranks 93rd out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Morocco?
- Over the last ten years it is up 52.4%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 73 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.