Gross fixed capital formation in Morocco
Morocco: Gross fixed capital formation was 36.71 billion constant 2015 US$ in 2024. ◆ Volatile
Latest (2024)
36.71 billion constant 2015 US$
Change on year
up 12.8%
World rank
53rd
of 161 countries
All-time high
36.71 billion constant 2015 US$
in 2024
All-time low
1.62 billion constant 2015 US$
in 1966
Years of data
59
1966–2024
Gross fixed capital formation in Morocco, 1966–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in Morocco is 36.71 billion constant 2015 US$, measured in 2024. That is the highest value across all 59 years on record.
The figure is up 12.8% on the previous year and up 31.7% over ten years.
Over the whole period, gross fixed capital formation in Morocco peaked at 36.71 billion constant 2015 US$ in 2024 and was at its lowest, 1.62 billion constant 2015 US$, in 1966.
Morocco ranks 53rd of 161 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Morocco, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1966 | 1.62 billion constant 2015 US$ | — |
| 1967 | 2.00 billion constant 2015 US$ | +23.6% |
| 1968 | 1.89 billion constant 2015 US$ | -5.2% |
| 1969 | 2.44 billion constant 2015 US$ | +28.8% |
| 1970 | 3.02 billion constant 2015 US$ | +23.7% |
| 1971 | 3.14 billion constant 2015 US$ | +4.1% |
| 1972 | 2.79 billion constant 2015 US$ | -11.3% |
| 1973 | 2.64 billion constant 2015 US$ | -5.1% |
| 1974 | 3.12 billion constant 2015 US$ | +18.0% |
| 1975 | 5.55 billion constant 2015 US$ | +77.9% |
| 1976 | 6.60 billion constant 2015 US$ | +19.0% |
| 1977 | 8.26 billion constant 2015 US$ | +25.1% |
| 1978 | 5.65 billion constant 2015 US$ | -31.6% |
| 1979 | 5.60 billion constant 2015 US$ | -1.0% |
| 1980 | 5.82 billion constant 2015 US$ | +4.0% |
| 1981 | 6.15 billion constant 2015 US$ | +5.6% |
| 1982 | 6.40 billion constant 2015 US$ | +4.1% |
| 1983 | 6.12 billion constant 2015 US$ | -4.4% |
| 1984 | 5.64 billion constant 2015 US$ | -7.8% |
| 1985 | 6.36 billion constant 2015 US$ | +12.8% |
| 1986 | 6.35 billion constant 2015 US$ | -0.2% |
| 1987 | 6.47 billion constant 2015 US$ | +1.8% |
| 1988 | 7.20 billion constant 2015 US$ | +11.3% |
| 1989 | 8.27 billion constant 2015 US$ | +14.9% |
| 1990 | 8.58 billion constant 2015 US$ | +3.7% |
| 1991 | 9.00 billion constant 2015 US$ | +4.9% |
| 1992 | 9.06 billion constant 2015 US$ | +0.7% |
| 1993 | 9.01 billion constant 2015 US$ | -0.6% |
| 1994 | 8.90 billion constant 2015 US$ | -1.1% |
| 1995 | 9.80 billion constant 2015 US$ | +10.1% |
| 1996 | 9.97 billion constant 2015 US$ | +1.7% |
| 1997 | 10.61 billion constant 2015 US$ | +6.5% |
| 1998 | 11.96 billion constant 2015 US$ | +12.8% |
| 1999 | 13.28 billion constant 2015 US$ | +11.0% |
| 2000 | 13.62 billion constant 2015 US$ | +2.6% |
| 2001 | 13.68 billion constant 2015 US$ | +0.4% |
| 2002 | 14.68 billion constant 2015 US$ | +7.3% |
| 2003 | 15.61 billion constant 2015 US$ | +6.3% |
| 2004 | 17.04 billion constant 2015 US$ | +9.2% |
| 2005 | 18.27 billion constant 2015 US$ | +7.2% |
| 2006 | 20.10 billion constant 2015 US$ | +10.0% |
| 2007 | 22.98 billion constant 2015 US$ | +14.3% |
| 2008 | 26.47 billion constant 2015 US$ | +15.2% |
| 2009 | 25.77 billion constant 2015 US$ | -2.6% |
| 2010 | 25.40 billion constant 2015 US$ | -1.4% |
| 2011 | 27.38 billion constant 2015 US$ | +7.8% |
| 2012 | 28.37 billion constant 2015 US$ | +3.6% |
| 2013 | 28.22 billion constant 2015 US$ | -0.5% |
| 2014 | 27.87 billion constant 2015 US$ | -1.3% |
| 2015 | 28.56 billion constant 2015 US$ | +2.5% |
| 2016 | 32.16 billion constant 2015 US$ | +12.6% |
| 2017 | 32.84 billion constant 2015 US$ | +2.1% |
| 2018 | 33.65 billion constant 2015 US$ | +2.4% |
| 2019 | 34.21 billion constant 2015 US$ | +1.7% |
| 2020 | 30.79 billion constant 2015 US$ | -10.0% |
| 2021 | 33.11 billion constant 2015 US$ | +7.5% |
| 2022 | 31.80 billion constant 2015 US$ | -4.0% |
| 2023 | 32.54 billion constant 2015 US$ | +2.3% |
| 2024 | 36.71 billion constant 2015 US$ | +12.8% |
Morocco compared with similar countries
- Morocco's 36.71 billion constant 2015 US$ is above the median for lower middle income countries, which is 5.11 billion constant 2015 US$, 7.2× the median. (42 countries reporting)
- Morocco's 36.71 billion constant 2015 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 11.07 billion constant 2015 US$, 3.3× the median. (18 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation in Morocco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +77.9% | 3.12 billion constant 2015 US$ | 5.55 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.99 billion constant 2015 US$ | 1.62 billion constant 2015 US$ | 2.44 billion constant 2015 US$ | 4 |
| 1970s | 4.64 billion constant 2015 US$ | 2.64 billion constant 2015 US$ | 8.26 billion constant 2015 US$ | 10 |
| 1980s | 6.48 billion constant 2015 US$ | 5.64 billion constant 2015 US$ | 8.27 billion constant 2015 US$ | 10 |
| 1990s | 10.02 billion constant 2015 US$ | 8.58 billion constant 2015 US$ | 13.28 billion constant 2015 US$ | 10 |
| 2000s | 18.82 billion constant 2015 US$ | 13.62 billion constant 2015 US$ | 26.47 billion constant 2015 US$ | 10 |
| 2010s | 29.87 billion constant 2015 US$ | 25.40 billion constant 2015 US$ | 34.21 billion constant 2015 US$ | 10 |
| 2020s | 32.99 billion constant 2015 US$ | 30.79 billion constant 2015 US$ | 36.71 billion constant 2015 US$ | 5 |
Countries ranked near Morocco
- 50 Egypt 45.85 billion constant 2015 US$ compare
- 51 Ethiopia 41.64 billion constant 2015 US$ compare
- 52 Greece 41.54 billion constant 2015 US$ compare
- 54 Tanzania 34.65 billion constant 2015 US$ compare
- 55 Hungary 31.85 billion constant 2015 US$ compare
- 56 Oman 25.69 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$), annual growth rate 30.48 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Morocco?
- Gross fixed capital formation in Morocco was 36.71 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Morocco?
- The highest recorded value was 36.71 billion constant 2015 US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Morocco?
- The lowest recorded value was 1.62 billion constant 2015 US$ in 1966.
- How does Morocco rank for gross fixed capital formation?
- Morocco ranks 53rd out of 161 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Morocco?
- Over the last ten years it is up 31.7%. 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.