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General profile: Morocco

GENERAL INFORMATION FOR 2024
Exchange rate
Population
Population
Exchange rates
GDP
GDP
38.081 Millions
9.942 MAD/US$
154 617 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(u) 446 300 km²
..
2.70 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+8.6 %
Merchandise exports growth rate in 2024
Total merchandise trade
(millions of US$)
2005
2010
2015
2024
Merchandise exports
11 190
17 771
22 334
45 226
Merchandise imports
20 790
35 381
38 100
75 699
Merchandise trade balance
-9 600
-17 611
-15 766
-30 472
Export structure by product group in 2024
(as % of total exports)
5 %5 %72 %72 %23 %23 %
Top 5 partners in 2024
(exports, millions of US$)
11 1359 0552 7522 5522 49011 1359 0552 7522 5522 490
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2024
Services exports
9 264
14 736
14 673
(e) 27 726
Services imports
3 845
7 371
7 913
(e) 14 539
Services trade balance
5 419
7 365
6 760
(e) 13 187
Services exports by main category²
(as % of total services)
2005
2010
2015
2024
Transport
14.0
14.7
18.6
(e) 15.6
Travel
49.8
45.5
42.7
(e) 41.3
Other services
(e) 23.6
24.8
28.6
(e) 33.5
TRADE INDICES
More data on UNCTADstat
1331231211181091161101071041009688867168587566628584828792888994100100103104105898991998485
ECONOMIC TRENDS
More data on UNCTADstat
+2.7 %
Gross domestic product growth rate in 2024
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
GDP, current
62 545
96 428
110 414
154 617
GDP per capita, current US$
2 060
2 970
3 190
4 060
Real GDP growth, y-on-y, %
2.98
5.15
4.34
2.70
Current account balance, % of GDP
1.66
-4.07
-1.96
(e) -1.46
Exchange rate (/US$)
8.865
8.417
9.764
9.942
GDP by expenditure in 2023
(as % of total GDP)
61.418.128.842.851.061.418.128.842.851.0
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.4 %
FDI outflows as % of GDP in 2024
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
FDI inflows
1 653.99
1 573.86
3 254.80
1 638.65
FDI outflows
74.62
588.77
653.29
693.60
Personal remittances, % of GDP
7.34
6.66
6.25
7.66
Financial flows trends
(millions of US$)
11 842.011 755.211 170.410 906.37 414.16 962.66 919.46 823.06 383.56 903.57 788.76 881.76 507.97 256.36 422.56 269.16 894.36 730.55 451.44 589.24 220.83 613.92 877.23 260.92 161.01 6391 0552 2602 2661 4191 7203 5592 6862 1573 2553 5613 2982 7282 5681 5741 9522 4872 8052 4491 6548952 3144812 807422FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2024
Balance, % of GDP
-6.32
-10.28
-7.21
(e) -8.47
Balance, % of imports
-19.23
-26.80
-19.33
(e) -16.38
Normalized balance
-0.106
-0.155
-0.107
(e) -0.089
Trade openness²
(sum of imports and exports as % of GDP)
95941017569767774716772707673666279706359
LIVING AREA
Population by living area in 2024
(% of population)
Urban
66%Urban 66%Rural
34%Rural 34%
OTHER INDICATORS
More data on UNCTADstat
0.006 %
Share of the total world merchant fleet in 2024
Maritime transport indicators
 
2005
2010
2015
2024
Merchant fleet, national flag (thousands of DWT)
387
332
139
148
Container port throughput (TEU)
..
2 946 000
3 987 251
..
Information economy indicators
(as % of)
2005
2010
2015
2024
Share of ICT goods, % of total exports
6.04
3.76
2.20
-
Share of ICT goods, % of total imports
6.93
5.84
3.97
-
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
u
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 02 December 2025