Gross Fixed Capital Formation — Value US$, 2015 prices in Morocco
Morocco: Gross Fixed Capital Formation — Value US$, 2015 prices was 33,691 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Morocco, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in Morocco is 33,691 million USD, measured in 2024.
That represents a change of up 3.4% on the previous year and up 19.8% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Morocco peaked at 34,429 million USD in 2019 and was at its lowest, 2,524 million USD, in 1974.
Morocco ranks 66th of 235 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Morocco, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 3,073 million USD | — |
| 1971 | 3,073 million USD | +0.0% |
| 1972 | 2,737 million USD | -10.9% |
| 1973 | 2,714 million USD | -0.8% |
| 1974 | 2,524 million USD | -7.0% |
| 1975 | 6,146 million USD | +143.6% |
| 1976 | 7,627 million USD | +24.1% |
| 1977 | 9,287 million USD | +21.8% |
| 1978 | 6,353 million USD | -31.6% |
| 1979 | 6,292 million USD | -1.0% |
| 1980 | 6,543 million USD | +4.0% |
| 1981 | 6,784 million USD | +3.7% |
| 1982 | 7,060 million USD | +4.1% |
| 1983 | 6,479 million USD | -8.2% |
| 1984 | 6,039 million USD | -6.8% |
| 1985 | 6,727 million USD | +11.4% |
| 1986 | 6,632 million USD | -1.4% |
| 1987 | 6,639 million USD | +0.1% |
| 1988 | 7,306 million USD | +10.0% |
| 1989 | 8,307 million USD | +13.7% |
| 1990 | 8,561 million USD | +3.1% |
| 1991 | 8,803 million USD | +2.8% |
| 1992 | 8,759 million USD | -0.5% |
| 1993 | 8,522 million USD | -2.7% |
| 1994 | 8,312 million USD | -2.5% |
| 1995 | 9,114 million USD | +9.6% |
| 1996 | 9,197 million USD | +0.9% |
| 1997 | 9,958 million USD | +8.3% |
| 1998 | 11,319 million USD | +13.7% |
| 1999 | 12,398 million USD | +9.5% |
| 2000 | 12,741 million USD | +2.8% |
| 2001 | 12,848 million USD | +0.8% |
| 2002 | 13,790 million USD | +7.3% |
| 2003 | 14,855 million USD | +7.7% |
| 2004 | 16,102 million USD | +8.4% |
| 2005 | 17,295 million USD | +7.4% |
| 2006 | 18,968 million USD | +9.7% |
| 2007 | 21,680 million USD | +14.3% |
| 2008 | 24,944 million USD | +15.1% |
| 2009 | 24,944 million USD | -0.0% |
| 2010 | 24,229 million USD | -2.9% |
| 2011 | 26,827 million USD | +10.7% |
| 2012 | 27,613 million USD | +2.9% |
| 2013 | 28,265 million USD | +2.4% |
| 2014 | 28,114 million USD | -0.5% |
| 2015 | 28,767 million USD | +2.3% |
| 2016 | 32,398 million USD | +12.6% |
| 2017 | 33,078 million USD | +2.1% |
| 2018 | 33,885 million USD | +2.4% |
| 2019 | 34,429 million USD | +1.6% |
| 2020 | 30,935 million USD | -10.1% |
| 2021 | 33,273 million USD | +7.6% |
| 2022 | 31,979 million USD | -3.9% |
| 2023 | 32,587 million USD | +1.9% |
| 2024 | 33,691 million USD | +3.4% |
Morocco compared with similar countries
- Morocco's 33,691 million USD is above the median for lower middle income countries, which is 5,259 million USD, 6.4× the median. (44 countries reporting)
- Morocco's 33,691 million USD is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 17,125 million USD, 2.0× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices in Morocco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +143.6% | 2,524 million USD | 6,146 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,983 million USD | 2,524 million USD | 9,287 million USD | 10 |
| 1980s | 6,852 million USD | 6,039 million USD | 8,307 million USD | 10 |
| 1990s | 9,494 million USD | 8,312 million USD | 12,398 million USD | 10 |
| 2000s | 17,817 million USD | 12,741 million USD | 24,944 million USD | 10 |
| 2010s | 29,760 million USD | 24,229 million USD | 34,429 million USD | 10 |
| 2020s | 32,493 million USD | 30,935 million USD | 33,691 million USD | 5 |
Countries ranked near Morocco
More economy & growth data for Morocco
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.57 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.41 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 30.48 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Morocco?
- Gross fixed capital formation — value us$, 2015 prices in Morocco was 33,691 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Morocco?
- The highest recorded value was 34,429 million USD in 2019.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Morocco?
- The lowest recorded value was 2,524 million USD in 1974.
- How does Morocco rank for gross fixed capital formation — value us$, 2015 prices?
- Morocco ranks 66th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Morocco?
- Over the last ten years it is up 19.8%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. 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).