General profile: Morocco

GENERAL INFORMATION FOR 2019
Population
Population
Exchange rates
Exchange rate
GDP
GDP
36.472 Millions
9.617 MAD/US$
118 405 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(n) 446 300 km²
0.20 %
2.68 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+1.8 %
Merchandise exports growth rate in 2019
Total merchandise trade
(millions of US$)
2005
2010
2015
2019
Merchandise exports
11 190
17 771
22 334
29 132
Merchandise imports
20 790
35 381
38 100
50 734
Merchandise trade balance
-9 600
-17 611
-15 766
-21 602
Export structure by product group in 2019
(as % of total exports)
1 %1 %72 %72 %6 %6 %21 %21 %
Top 5 partners in 2019
(exports, millions of US$)
7 3085 8681 3631 3171 0477 3085 8681 3631 3171 047
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2019
Services exports
9 264
14 736
14 674
19 370
Services imports
3 845
7 371
7 913
10 184
Services trade balance
5 419
7 365
6 760
9 186
Services exports by main category²
(as % of total services)
2005
2010
2015
2019
Transport
14.0
14.7
18.6
18.9
Travel
49.8
45.5
42.7
42.3
Other services
23.6
24.8
28.6
28.7
TRADE INDICES
More data on UNCTADstat
119112108105100968886716858756662575452524849929195100100103104105898991998485848990868285
ECONOMIC TRENDS
More data on UNCTADstat
+2.7 %
Gross domestic product growth rate in 2019
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2019
GDP, current
62 545
93 217
101 179
118 405
GDP per capita, current US$
2 054
2 882
2 919
3 246
Real GDP growth, y-on-y, %
2.98
3.97
4.93
2.68
Current account balance, % of GDP
1.66
-4.21
-2.14
-4.15
Exchange rate (/US$)
8.865
8.417
9.764
9.617
GDP by expenditure in 2018
(as % of total GDP)
58.019.033.538.749.358.019.033.538.749.3
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.9 %
FDI outflows as % of GDP in 2019
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2019
FDI inflows
1 653.99
1 573.86
3 254.80
1 599.13
FDI outflows
74.62
588.77
653.29
1 032.85
Personal remittances, % of GDP
7.34
6.89
6.82
5.63
Financial flows trends
(millions of US$)
6 668.86 918.26 823.06 383.56 903.57 788.76 881.76 507.97 256.36 422.56 269.16 894.36 730.55 451.44 589.24 220.03 610.02 880.03 260.02 160.11 5993 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
2019
Balance, % of GDP
-6.32
-10.64
-7.87
-9.17
Balance, % of imports
-19.23
-26.80
-19.33
-19.81
Normalized balance
-0.106
-0.155
-0.107
-0.110
Trade openness²
(sum of imports and exports as % of GDP)
838480777478758177696380706359
LABOUR FORCE
Labour force by gender in 2019
(as % of total labour force, all sectors)
Male
71%Male 71%Female
29%Female 29%
OTHER INDICATORS
More data on UNCTADstat
0.007 %
Share of the total world merchant fleet in 2019
Maritime transport indicators
 
2005
2010
2015
2019
Merchant fleet, national flag (thousands of DWT)
387
332
139
134
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
45.40
57.56
61.81
Container port throughput (TEU)
..
2 800 000
3 965 000
6 040 400
Information economy indicators
(as % of)
2005
2010
2015
2019
Share of ICT goods, % of total exports
6.04
3.77
2.21
..
Share of ICT goods, % of total imports
6.95
5.87
4.02
..
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).
n
Estimated. Data refers to 2016.
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: 06 November 2020