Volume of remittances (in United States dollars) as a proportion of in Morocco
Morocco: Volume of remittances (in United States dollars) as a proportion of was 7.8% in 2024. ▲ Rising
Latest (2024)
7.8%
Change on year
down 3.2%
World rank
45th
of 203 countries
All-time high
8.5%
in 2022
All-time low
5.0%
in 2000
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Morocco, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in Morocco is 7.8%, measured in 2024.
That represents a change of down 3.2% on the previous year and up 19.1% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Morocco peaked at 8.5% in 2022 and was at its lowest, 5.0%, in 2000.
Morocco ranks 45th of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Morocco, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.0% | — |
| 2001 | 7.4% | +48.1% |
| 2002 | 6.1% | -17.9% |
| 2003 | 6.2% | +1.9% |
| 2004 | 6.4% | +2.5% |
| 2005 | 6.7% | +4.4% |
| 2006 | 7.2% | +7.8% |
| 2007 | 7.7% | +7.8% |
| 2008 | 6.8% | -12.5% |
| 2009 | 6.2% | -8.5% |
| 2010 | 6.4% | +2.7% |
| 2011 | 6.6% | +3.5% |
| 2012 | 6.1% | -7.7% |
| 2013 | 5.9% | -2.3% |
| 2014 | 6.5% | +10.0% |
| 2015 | 6.3% | -4.4% |
| 2016 | 5.7% | -8.5% |
| 2017 | 5.8% | +0.6% |
| 2018 | 5.4% | -5.6% |
| 2019 | 5.4% | -0.6% |
| 2020 | 6.1% | +13.1% |
| 2021 | 7.7% | +25.7% |
| 2022 | 8.5% | +10.8% |
| 2023 | 8.0% | -5.5% |
| 2024 | 7.8% | -3.2% |
Morocco compared with similar countries
- Morocco's 7.8% is above the median for lower middle income countries, which is 6.1%, 1.3× the median. (43 countries reporting)
- Morocco's 7.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.3%, 5.8× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.6% | 5.0% | 7.7% | 10 |
| 2010s | 6.0% | 5.4% | 6.6% | 10 |
| 2020s | 7.6% | 6.1% | 8.5% | 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 volume of remittances (in united states dollars) as a proportion of in Morocco?
- Volume of remittances (in united states dollars) as a proportion of in Morocco was 7.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Morocco?
- The highest recorded value was 8.5% in 2022.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Morocco?
- The lowest recorded value was 5.0% in 2000.
- How does Morocco rank for volume of remittances (in united states dollars) as a proportion of?
- Morocco ranks 45th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Morocco?
- Over the last ten years it is up 19.1%. The long-run trend across the full record is rising.
- Where does this Morocco data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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