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General profile: Morocco

GENERAL INFORMATION FOR 2022
Exchange rate
Population
Population
Exchange rates
GDP
GDP
37.458 Millions
10.161 MAD/US$
130 913 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 446 300 km²
6.65 %
3.68 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+15.7 %
Merchandise exports growth rate in 2022
Total merchandise trade
(millions of US$)
2005
2010
2015
2022
Merchandise exports
11 190
17 771
22 334
41 481
Merchandise imports
20 790
35 381
38 100
71 807
Merchandise trade balance
-9 600
-17 611
-15 766
-30 326
Export structure by product group in 2022
(as % of total exports)
1 %1 %74 %74 %5 %5 %19 %19 %
Top 5 partners in 2022
(exports, millions of US$)
8 4247 6523 2682 6381 6908 4247 6523 2682 6381 690
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2022
Services exports
9 264
14 736
14 674
21 981
Services imports
3 845
7 371
7 913
10 746
Services trade balance
5 419
7 365
6 760
11 235
Services exports by main category²
(as % of total services)
2005
2010
2015
2022
Transport
14.0
14.7
18.6
16.0
Travel
49.8
45.5
42.7
41.2
Other services
23.6
24.8
28.6
32.8
TRADE INDICES
More data on UNCTADstat
130125114119112108105100968886716858756662889396929295101100103104105898991998485
ECONOMIC TRENDS
More data on UNCTADstat
+3.7 %
Gross domestic product growth rate in 2022
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
GDP, current
62 545
96 428
110 414
130 913
GDP per capita, current US$
2 055
2 970
3 184
3 495
Real GDP growth, y-on-y, %
2.98
5.15
4.34
3.68
Current account balance, % of GDP
1.66
-4.07
-1.96
-3.48
Exchange rate (/US$)
8.865
8.417
9.764
10.161
GDP by expenditure in 2021
(as % of total GDP)
59.719.030.533.242.459.719.030.533.242.4
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.5 %
FDI outflows as % of GDP in 2022
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
FDI inflows
1 653.99
1 573.86
3 254.80
2 141.40
FDI outflows
74.62
588.77
653.29
615.12
Personal remittances, % of GDP
7.34
6.66
6.25
8.14
Financial flows trends
(millions of US$)
11 168.210 906.37 414.16 962.66 919.46 823.06 383.56 903.57 788.76 881.76 507.97 256.36 422.56 269.16 894.36 730.55 451.44 589.24 220.83 613.92 877.23 260.92 161.02 1412 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
2022
Balance, % of GDP
-6.32
-10.28
-7.21
-11.71
Balance, % of imports
-19.23
-26.80
-19.33
-20.78
Normalized balance
-0.106
-0.155
-0.107
-0.116
Trade openness²
(sum of imports and exports as % of GDP)
1017669767774716772707673666279706359
LIVING AREA
Population by living area in 2022
(% of population)
Urban 65%Urban 65%Rural 35%Rural 35%
OTHER INDICATORS
More data on UNCTADstat
0.007 %
Share of the total world merchant fleet in 2022
Maritime transport indicators
 
2005
2010
2015
2022
Merchant fleet, national flag (thousands of DWT)
387
332
139
156
Container port throughput (TEU)
..
2 946 000
3 987 251
8 835 181
Information economy indicators
(as % of)
2005
2010
2015
2022
Share of ICT goods, % of total exports
6.04
3.77
2.21
2.36
Share of ICT goods, % of total imports
6.96
5.87
4.02
3.64
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).
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
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: 11 April 2024