Gross fixed capital formation (constant LCU) in Morocco
Morocco: Gross fixed capital formation (constant LCU) was 356.42 billion constant LCU in 2024. ◆ Volatile
Gross fixed capital formation in Morocco, 1966–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Morocco recorded 356.42 billion constant LCU for gross fixed capital formation in 2024. That is the highest value across all 59 years on record.
That represents a change of 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 356.42 billion constant LCU in 2024 and was at its lowest, 15.70 billion constant LCU, in 1966.
That places Morocco 75th out of 168 countries with data for 2024, putting it 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 (constant LCU) in Morocco, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1966 | 15.70 billion constant LCU | — |
| 1967 | 19.40 billion constant LCU | +23.6% |
| 1968 | 18.39 billion constant LCU | -5.2% |
| 1969 | 23.68 billion constant LCU | +28.8% |
| 1970 | 29.29 billion constant LCU | +23.7% |
| 1971 | 30.50 billion constant LCU | +4.1% |
| 1972 | 27.04 billion constant LCU | -11.3% |
| 1973 | 25.68 billion constant LCU | -5.1% |
| 1974 | 30.31 billion constant LCU | +18.0% |
| 1975 | 53.91 billion constant LCU | +77.9% |
| 1976 | 64.12 billion constant LCU | +19.0% |
| 1977 | 80.22 billion constant LCU | +25.1% |
| 1978 | 54.88 billion constant LCU | -31.6% |
| 1979 | 54.35 billion constant LCU | -1.0% |
| 1980 | 56.52 billion constant LCU | +4.0% |
| 1981 | 59.66 billion constant LCU | +5.6% |
| 1982 | 62.10 billion constant LCU | +4.1% |
| 1983 | 59.40 billion constant LCU | -4.4% |
| 1984 | 54.77 billion constant LCU | -7.8% |
| 1985 | 61.79 billion constant LCU | +12.8% |
| 1986 | 61.67 billion constant LCU | -0.2% |
| 1987 | 62.78 billion constant LCU | +1.8% |
| 1988 | 69.88 billion constant LCU | +11.3% |
| 1989 | 80.32 billion constant LCU | +14.9% |
| 1990 | 83.27 billion constant LCU | +3.7% |
| 1991 | 87.34 billion constant LCU | +4.9% |
| 1992 | 87.93 billion constant LCU | +0.7% |
| 1993 | 87.44 billion constant LCU | -0.6% |
| 1994 | 86.44 billion constant LCU | -1.1% |
| 1995 | 95.18 billion constant LCU | +10.1% |
| 1996 | 96.75 billion constant LCU | +1.7% |
| 1997 | 103.01 billion constant LCU | +6.5% |
| 1998 | 116.15 billion constant LCU | +12.8% |
| 1999 | 128.89 billion constant LCU | +11.0% |
| 2000 | 132.27 billion constant LCU | +2.6% |
| 2001 | 132.83 billion constant LCU | +0.4% |
| 2002 | 142.50 billion constant LCU | +7.3% |
| 2003 | 151.55 billion constant LCU | +6.3% |
| 2004 | 165.42 billion constant LCU | +9.2% |
| 2005 | 177.40 billion constant LCU | +7.2% |
| 2006 | 195.12 billion constant LCU | +10.0% |
| 2007 | 223.07 billion constant LCU | +14.3% |
| 2008 | 256.99 billion constant LCU | +15.2% |
| 2009 | 250.20 billion constant LCU | -2.6% |
| 2010 | 246.58 billion constant LCU | -1.4% |
| 2011 | 265.80 billion constant LCU | +7.8% |
| 2012 | 275.42 billion constant LCU | +3.6% |
| 2013 | 274.00 billion constant LCU | -0.5% |
| 2014 | 270.55 billion constant LCU | -1.3% |
| 2015 | 277.31 billion constant LCU | +2.5% |
| 2016 | 312.24 billion constant LCU | +12.6% |
| 2017 | 318.87 billion constant LCU | +2.1% |
| 2018 | 326.66 billion constant LCU | +2.4% |
| 2019 | 332.15 billion constant LCU | +1.7% |
| 2020 | 298.94 billion constant LCU | -10.0% |
| 2021 | 321.49 billion constant LCU | +7.5% |
| 2022 | 308.78 billion constant LCU | -4.0% |
| 2023 | 315.88 billion constant LCU | +2.3% |
| 2024 | 356.42 billion constant LCU | +12.8% |
Morocco compared with similar countries
- Morocco's 356.42 billion constant LCU is above the median for lower middle income countries, which is 109.54 billion constant LCU, 3.3× the median. (44 countries reporting)
- Morocco's 356.42 billion constant LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 240.95 billion constant LCU, 1.5× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (constant LCU) 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% | 30.31 billion constant LCU | 53.91 billion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.29 billion constant LCU | 15.70 billion constant LCU | 23.68 billion constant LCU | 4 |
| 1970s | 45.03 billion constant LCU | 25.68 billion constant LCU | 80.22 billion constant LCU | 10 |
| 1980s | 62.89 billion constant LCU | 54.77 billion constant LCU | 80.32 billion constant LCU | 10 |
| 1990s | 97.24 billion constant LCU | 83.27 billion constant LCU | 128.89 billion constant LCU | 10 |
| 2000s | 182.74 billion constant LCU | 132.27 billion constant LCU | 256.99 billion constant LCU | 10 |
| 2010s | 289.96 billion constant LCU | 246.58 billion constant LCU | 332.15 billion constant LCU | 10 |
| 2020s | 320.30 billion constant LCU | 298.94 billion constant LCU | 356.42 billion constant LCU | 5 |
Countries ranked near Morocco
More economy & growth data for Morocco
- Real gdp growth, annual growth rate 3.75 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 1.41 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0112 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 53.3 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.43 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0082 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 38.92 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -39.02 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Morocco?
- Gross fixed capital formation in Morocco was 356.42 billion constant LCU 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 356.42 billion constant LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Morocco?
- The lowest recorded value was 15.70 billion constant LCU in 1966.
- How does Morocco rank for gross fixed capital formation?
- Morocco ranks 75th out of 168 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 LCU). 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 varies by country. This series is expressed in local currency units.