Gross Domestic Product — Value Standard Local Currency in Morocco
Morocco: Gross Domestic Product — Value Standard Local Currency was 1.54 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Morocco, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency in Morocco is 1.54 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 4.9% on the previous year and up 53.3% over ten years.
Over the whole period, gross domestic product — value standard local currency in Morocco peaked at 1.54 million million SLC in 2024 and was at its lowest, 23,505 million SLC, in 1970.
Morocco ranks 96th of 218 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 — Value Standard Local Currency in Morocco, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 23,505 million SLC | — |
| 1971 | 25,102 million SLC | +6.8% |
| 1972 | 27,415 million SLC | +9.2% |
| 1973 | 30,092 million SLC | +9.8% |
| 1974 | 39,379 million SLC | +30.9% |
| 1975 | 42,749 million SLC | +8.6% |
| 1976 | 49,734 million SLC | +16.3% |
| 1977 | 58,423 million SLC | +17.5% |
| 1978 | 64,751 million SLC | +10.8% |
| 1979 | 72,841 million SLC | +12.5% |
| 1980 | 86,988 million SLC | +19.4% |
| 1981 | 92,788 million SLC | +6.7% |
| 1982 | 109,073 million SLC | +17.6% |
| 1983 | 116,399 million SLC | +6.7% |
| 1984 | 131,897 million SLC | +13.3% |
| 1985 | 152,057 million SLC | +15.3% |
| 1986 | 181,151 million SLC | +19.1% |
| 1987 | 183,557 million SLC | +1.3% |
| 1988 | 212,804 million SLC | +15.9% |
| 1989 | 227,692 million SLC | +7.0% |
| 1990 | 249,905 million SLC | +9.8% |
| 1991 | 284,553 million SLC | +13.9% |
| 1992 | 285,198 million SLC | +0.2% |
| 1993 | 292,611 million SLC | +2.6% |
| 1994 | 327,950 million SLC | +12.1% |
| 1995 | 330,744 million SLC | +0.9% |
| 1996 | 374,934 million SLC | +13.4% |
| 1997 | 373,763 million SLC | -0.3% |
| 1998 | 403,893 million SLC | +8.1% |
| 1999 | 409,340 million SLC | +1.3% |
| 2000 | 413,346 million SLC | +1.0% |
| 2001 | 448,043 million SLC | +8.4% |
| 2002 | 468,032 million SLC | +4.5% |
| 2003 | 501,231 million SLC | +7.1% |
| 2004 | 530,645 million SLC | +5.9% |
| 2005 | 554,460 million SLC | +4.5% |
| 2006 | 606,645 million SLC | +9.4% |
| 2007 | 647,530 million SLC | +6.7% |
| 2008 | 725,097 million SLC | +12.0% |
| 2009 | 765,571 million SLC | +5.6% |
| 2010 | 811,647 million SLC | +6.0% |
| 2011 | 857,950 million SLC | +5.7% |
| 2012 | 897,107 million SLC | +4.6% |
| 2013 | 960,838 million SLC | +7.1% |
| 2014 | 1.00 million million SLC | +4.2% |
| 2015 | 1.08 million million SLC | +7.7% |
| 2016 | 1.09 million million SLC | +1.5% |
| 2017 | 1.15 million million SLC | +5.0% |
| 2018 | 1.20 million million SLC | +4.0% |
| 2019 | 1.24 million million SLC | +3.7% |
| 2020 | 1.15 million million SLC | -7.0% |
| 2021 | 1.28 million million SLC | +10.8% |
| 2022 | 1.33 million million SLC | +4.2% |
| 2023 | 1.46 million million SLC | +10.0% |
| 2024 | 1.54 million million SLC | +4.9% |
Morocco compared with similar countries
- Morocco's 1.54 million million SLC is above the median for lower middle income countries, which is 1.54 million million SLC, 1.0× the median. (43 countries reporting)
- Morocco's 1.54 million million SLC is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.54 million million SLC, 1.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 43,399 million SLC | 23,505 million SLC | 72,841 million SLC | 10 |
| 1980s | 149,441 million SLC | 86,988 million SLC | 227,692 million SLC | 10 |
| 1990s | 333,289 million SLC | 249,905 million SLC | 409,340 million SLC | 10 |
| 2000s | 566,060 million SLC | 413,346 million SLC | 765,571 million SLC | 10 |
| 2010s | 1.03 million million SLC | 811,647 million SLC | 1.24 million million SLC | 10 |
| 2020s | 1.35 million million SLC | 1.15 million million SLC | 1.54 million million SLC | 5 |
Countries ranked near Morocco
- 93 Romania 1.76 million million SLC compare
- 94 Central African Republic 1.67 million million SLC compare
- 95 Spain 1.59 million million SLC compare
- 97 Mozambique 1.43 million million SLC compare
- 98 Afghanistan 1.42 million million SLC compare
- 99 Kyrgyzstan 1.40 million million SLC 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 — value standard local currency in Morocco?
- Gross domestic product — value standard local currency in Morocco was 1.54 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Morocco?
- The highest recorded value was 1.54 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Morocco?
- The lowest recorded value was 23,505 million SLC in 1970.
- How does Morocco rank for gross domestic product — value standard local currency?
- Morocco ranks 96th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Morocco?
- Over the last ten years it is up 53.3%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).