Africa · MAD · Bank Al-Maghrib

🇲🇦Morocco

Morocco’s $184B economy grew 4.9% in 2025; the IMF projects 4.5% for 2026. Inflation is -0.6% (Jul 2026) against a 2.25% policy rate.

#53 GDP worldwide#4 in AfricaPolicy stance On holdCompare all economies
🇲🇦
$184B

GDP in 2025, current US dollars · #53 of 56 tracked economies

4.9%

Real GDP growth in 2025; IMF projects 4.5% for 2026

-0.6%

Consumer-price inflation, year on year, Jul 2026

2.25%

Bank Al-Maghrib policy rate, ±0 bp over 12 months

Unemployment · 2025
13.0%
-0.3 ppvs 2024
Government debt
66.6%
-0.4 ppof GDP, vs last year
Current account
-2.4%
Deficit · % of GDP
Population
37.7M
GDP per capita $4.9K
Scorecard

Morocco among 56 tracked economies

Marker = percentile. Right is better where a better direction exists; for population and rates, right is higher.

  • GDP
    $184B#53/56
  • Growth
    4.9%#12/56
  • Per capita
    $4.9K#46/56
  • Inflation
    -0.6%#56/56
  • Jobless
    13.0%#2/50
  • Debt/GDP
    66.6%#25/56
  • Budget
    -3.5%#31/56
  • Curr. acct
    -2.4%#44/56
  • Policy rate
    2.25%#39/45
  • Population
    37.7M#29/56
Peers

Growth across Africa

Real GDP growth, 2025

Sources: IMF World Economic Outlook (annual, projections from 2026) · BIS policy rates, CPI & FX (monthly, through Sep 2026) · World Bank WDI (trade, sectors, FDI, urbanisation)