In 2023, Morocco witnessed an increase in its Nominal GDP, rising to 141.11 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 374.41 international billion dollars as per the World Bank's estimates.
Relatedly, in the preceding year of 2022, Morocco has Nominal GDP stood at 130.91 billion dollars, while the GDP based on PPP was 350.12 international billion dollars.
The net change in Morocco's GDP (Nominal) in 2023 increased by 10.20 billion dollars(7.23%), and GDP (PPP) increased by 24.29 international billion dollars(6.49%).
Source: worldbank Nominal PPPNominal | PPP | |||||
---|---|---|---|---|---|---|
Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
1960 | 2.04 | - | - | - | - | - |
1961 | 2.03 | -0.01 | -0.49 % | - | - | - |
1962 | 2.38 | 0.35 | 14.71 % | - | - | - |
1963 | 2.66 | 0.28 | 10.53 % | - | - | - |
1964 | 2.80 | 0.14 | 5.00 % | - | - | - |
1965 | 2.95 | 0.15 | 5.08 % | - | - | - |
1966 | 2.88 | -0.07 | -2.43 % | - | - | - |
1967 | 3.05 | 0.17 | 5.57 % | - | - | - |
1968 | 3.27 | 0.22 | 6.73 % | - | - | - |
1969 | 3.65 | 0.38 | 10.41 % | - | - | - |
1970 | 3.96 | 0.31 | 7.83 % | - | - | - |
1971 | 4.36 | 0.40 | 9.17 % | - | - | - |
1972 | 5.07 | 0.71 | 14.00 % | - | - | - |
1973 | 6.24 | 1.17 | 18.75 % | - | - | - |
1974 | 7.68 | 1.44 | 18.75 % | - | - | - |
1975 | 8.98 | 1.30 | 14.48 % | - | - | - |
1976 | 9.58 | 0.60 | 6.26 % | - | - | - |
1977 | 11.05 | 1.47 | 13.30 % | - | - | - |
1978 | 13.24 | 2.19 | 16.54 % | - | - | - |
1979 | 15.91 | 2.67 | 16.78 % | - | - | - |
1980 | 21.73 | 5.82 | 26.78 % | - | - | - |
1981 | 17.79 | -3.94 | -22.15 % | - | - | - |
1982 | 17.69 | -0.10 | -0.57 % | - | - | - |
1983 | 16.25 | -1.44 | -8.86 % | - | - | - |
1984 | 14.82 | -1.43 | -9.65 % | - | - | - |
1985 | 14.99 | 0.17 | 1.13 % | - | - | - |
1986 | 19.46 | 4.47 | 22.97 % | - | - | - |
1987 | 21.77 | 2.31 | 10.61 % | - | - | - |
1988 | 25.71 | 3.94 | 15.32 % | - | - | - |
1989 | 26.31 | 0.60 | 2.28 % | - | - | - |
1990 | 30.18 | 3.87 | 12.82 % | 68.19 | - | - |
1991 | 32.29 | 2.11 | 6.53 % | 75.58 | 7.39 | 9.78 % |
1992 | 33.71 | 1.42 | 4.21 % | 75.68 | 0.10 | 0.13 % |
1993 | 31.66 | -2.05 | -6.48 % | 76.90 | 1.22 | 1.59 % |
1994 | 35.60 | 3.94 | 11.07 % | 86.86 | 9.96 | 11.47 % |
1995 | 39.03 | 3.43 | 8.79 % | 83.88 | -2.98 | -3.55 % |
1996 | 43.16 | 4.13 | 9.57 % | 95.99 | 12.11 | 12.62 % |
1997 | 39.15 | -4.01 | -10.24 % | 96.12 | 0.13 | 0.14 % |
1998 | 46.50 | 7.35 | 15.81 % | 104.24 | 8.12 | 7.79 % |
1999 | 46.27 | -0.23 | -0.50 % | 107.51 | 3.27 | 3.04 % |
2000 | 43.02 | -3.25 | -7.55 % | 112.78 | 5.27 | 4.67 % |
2001 | 43.83 | 0.81 | 1.85 % | 124.22 | 11.44 | 9.21 % |
2002 | 47.08 | 3.25 | 6.90 % | 130.86 | 6.64 | 5.07 % |
2003 | 58.03 | 10.95 | 18.87 % | 141.68 | 10.82 | 7.64 % |
2004 | 66.11 | 8.08 | 12.22 % | 152.14 | 10.46 | 6.88 % |
2005 | 68.85 | 2.74 | 3.98 % | 161.92 | 9.78 | 6.04 % |
2006 | 75.88 | 7.03 | 9.26 % | 179.92 | 18.00 | 10.00 % |
2007 | 86.95 | 11.07 | 12.73 % | 191.15 | 11.23 | 5.87 % |
2008 | 101.82 | 14.87 | 14.60 % | 205.91 | 14.76 | 7.17 % |
2009 | 101.16 | -0.66 | -0.65 % | 214.94 | 9.03 | 4.20 % |
2010 | 100.87 | -0.29 | -0.29 % | 225.16 | 10.22 | 4.54 % |
2011 | 110.08 | 9.21 | 8.37 % | 242.50 | 17.34 | 7.15 % |
2012 | 106.94 | -3.14 | -2.94 % | 246.97 | 4.47 | 1.81 % |
2013 | 115.74 | 8.80 | 7.60 % | 258.28 | 11.31 | 4.38 % |
2014 | 119.13 | 3.39 | 2.85 % | 250.97 | -7.31 | -2.91 % |
2015 | 110.41 | -8.72 | -7.90 % | 273.70 | 22.73 | 8.30 % |
2016 | 111.57 | 1.16 | 1.04 % | 278.97 | 5.27 | 1.89 % |
2017 | 118.54 | 6.97 | 5.88 % | 291.81 | 12.84 | 4.40 % |
2018 | 127.34 | 8.80 | 6.91 % | 283.69 | -8.12 | -2.86 % |
2019 | 128.92 | 1.58 | 1.23 % | 295.69 | 12.00 | 4.06 % |
2020 | 121.35 | -7.57 | -6.24 % | 286.11 | -9.58 | -3.35 % |
2021 | 141.82 | 20.47 | 14.43 % | 323.02 | 36.91 | 11.43 % |
2022 | 130.91 | -10.91 | -8.33 % | 350.12 | 27.10 | 7.74 % |
2023 | 141.11 | 10.20 | 7.23 % | 374.41 | 24.29 | 6.49 % |