Morocco 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$144.42 billion
↑ 10.28% vs 2022GDP per Capita
$3,771.45
↑ 9.15% vs 2022GDP Growth (Annual %)
3.40%
↑ 1.88pp vs 2022Inflation Rate (CPI %)
6.09%
↓ 0.57pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $130.95 billion | $144.42 billion | +10.28% |
| GDP per Capita | $3,455.40 | $3,771.45 | +9.15% |
| GDP Growth (Annual %) | 1.53% | 3.40% | +1.88pp |
| Inflation (CPI %) | 6.66% | 6.09% | -0.57pp |
| Unemployment Rate (%) | 9.49% | 9.04% | -0.45pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $144.42 billion
- GDP per Capita
- $3,771.45
- GDP Growth (Annual %)
- 3.40%
- Gross National Income
- $142.35 billion
Prices & Employment
- Inflation (CPI %)
- 6.09%
- Inflation (GDP Deflator %)
- 6.36%
- Unemployment Rate (%)
- 9.04%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -0.62%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Morocco's Gross Domestic Product (GDP) is $144.42 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Morocco for 2023 is $3,771.45. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Morocco for 2023 is 6.09%. This measures the annual percentage change in the cost of consumer goods and services.
Morocco's annual GDP growth rate for 2023 is 3.40%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Morocco for 2023 is 9.04%. This represents the percentage of the labor force that is unemployed and actively seeking employment.