Gross fixed capital formation in Morocco
Morocco: Gross fixed capital formation was 48.89 billion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Morocco, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross fixed capital formation in Morocco stood at 48.89 billion current US$. That is the highest value across all 66 years on record.
That represents a change of up 15.0% on the previous year and up 71.1% over ten years.
Over the whole period, gross fixed capital formation in Morocco peaked at 48.89 billion current US$ in 2025 and was at its lowest, 199.88 million current US$, in 1960.
Morocco ranks 53rd of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Morocco, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 199.88 million current US$ | — |
| 1961 | 229.13 million current US$ | +14.6% |
| 1962 | 250.41 million current US$ | +9.3% |
| 1963 | 306.06 million current US$ | +22.2% |
| 1964 | 296.85 million current US$ | -3.0% |
| 1965 | 313.01 million current US$ | +5.4% |
| 1966 | 336.53 million current US$ | +7.5% |
| 1967 | 415.77 million current US$ | +23.5% |
| 1968 | 433.36 million current US$ | +4.2% |
| 1969 | 479.60 million current US$ | +10.7% |
| 1970 | 590.46 million current US$ | +23.1% |
| 1971 | 647.33 million current US$ | +9.6% |
| 1972 | 690.53 million current US$ | +6.7% |
| 1973 | 845.16 million current US$ | +22.4% |
| 1974 | 1.13 billion current US$ | +33.5% |
| 1975 | 2.23 billion current US$ | +97.6% |
| 1976 | 2.76 billion current US$ | +23.6% |
| 1977 | 3.53 billion current US$ | +28.2% |
| 1978 | 3.30 billion current US$ | -6.7% |
| 1979 | 3.82 billion current US$ | +15.8% |
| 1980 | 5.68 billion current US$ | +48.8% |
| 1981 | 5.55 billion current US$ | -2.2% |
| 1982 | 5.46 billion current US$ | -1.6% |
| 1983 | 4.51 billion current US$ | -17.4% |
| 1984 | 3.75 billion current US$ | -16.9% |
| 1985 | 3.78 billion current US$ | +0.8% |
| 1986 | 4.57 billion current US$ | +20.9% |
| 1987 | 4.84 billion current US$ | +5.9% |
| 1988 | 5.79 billion current US$ | +19.6% |
| 1989 | 7.07 billion current US$ | +22.1% |
| 1990 | 7.78 billion current US$ | +10.1% |
| 1991 | 8.05 billion current US$ | +3.5% |
| 1992 | 8.36 billion current US$ | +3.8% |
| 1993 | 8.09 billion current US$ | -3.3% |
| 1994 | 8.39 billion current US$ | +3.8% |
| 1995 | 9.35 billion current US$ | +11.4% |
| 1996 | 9.41 billion current US$ | +0.7% |
| 1997 | 8.91 billion current US$ | -5.4% |
| 1998 | 10.13 billion current US$ | +13.7% |
| 1999 | 10.93 billion current US$ | +7.9% |
| 2000 | 10.48 billion current US$ | -4.1% |
| 2001 | 10.20 billion current US$ | -2.7% |
| 2002 | 11.12 billion current US$ | +9.0% |
| 2003 | 13.50 billion current US$ | +21.4% |
| 2004 | 16.27 billion current US$ | +20.6% |
| 2005 | 17.76 billion current US$ | +9.1% |
| 2006 | 20.02 billion current US$ | +12.7% |
| 2007 | 25.42 billion current US$ | +26.9% |
| 2008 | 31.84 billion current US$ | +25.3% |
| 2009 | 29.41 billion current US$ | -7.6% |
| 2010 | 28.58 billion current US$ | -2.8% |
| 2011 | 31.93 billion current US$ | +11.7% |
| 2012 | 32.03 billion current US$ | +0.3% |
| 2013 | 32.89 billion current US$ | +2.7% |
| 2014 | 32.18 billion current US$ | -2.2% |
| 2015 | 28.56 billion current US$ | -11.2% |
| 2016 | 32.00 billion current US$ | +12.0% |
| 2017 | 33.35 billion current US$ | +4.2% |
| 2018 | 35.48 billion current US$ | +6.4% |
| 2019 | 35.06 billion current US$ | -1.2% |
| 2020 | 31.83 billion current US$ | -9.2% |
| 2021 | 37.33 billion current US$ | +17.3% |
| 2022 | 34.93 billion current US$ | -6.4% |
| 2023 | 36.62 billion current US$ | +4.8% |
| 2024 | 42.50 billion current US$ | +16.0% |
| 2025 | 48.89 billion current US$ | +15.0% |
Morocco compared with similar countries
- Morocco's 48.89 billion current US$ is above the median for lower middle income countries, which is 5.47 billion current US$, 8.9× the median. (45 countries reporting)
- Morocco's 48.89 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 20.29 billion current US$, 2.4× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation in Morocco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +97.6% | 1.13 billion current US$ | 2.23 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 326.06 million current US$ | 199.88 million current US$ | 479.60 million current US$ | 10 |
| 1970s | 1.95 billion current US$ | 590.46 million current US$ | 3.82 billion current US$ | 10 |
| 1980s | 5.10 billion current US$ | 3.75 billion current US$ | 7.07 billion current US$ | 10 |
| 1990s | 8.94 billion current US$ | 7.78 billion current US$ | 10.93 billion current US$ | 10 |
| 2000s | 18.60 billion current US$ | 10.20 billion current US$ | 31.84 billion current US$ | 10 |
| 2010s | 32.21 billion current US$ | 28.56 billion current US$ | 35.48 billion current US$ | 10 |
| 2020s | 38.68 billion current US$ | 31.83 billion current US$ | 48.89 billion current US$ | 6 |
Countries ranked near Morocco
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$), annual growth rate 30.48 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Morocco?
- Gross fixed capital formation in Morocco was 48.89 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Morocco?
- The highest recorded value was 48.89 billion current US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Morocco?
- The lowest recorded value was 199.88 million current US$ in 1960.
- How does Morocco rank for gross fixed capital formation?
- Morocco ranks 53rd out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Morocco?
- Over the last ten years it is up 71.1%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.