Morocco's economy blends agriculture, manufacturing, and services, with tourism and phosphates playing central roles. It is one of the world's largest phosphate exporters, while modern sectors like automotive, aerospace, and renewable energy are growing rapidly. Agriculture contributes significantly, though it is highly dependent on rainfall. Tourism attracts millions annually, strengthening services. Morocco has invested heavily in infrastructure, such as ports, highways, and renewable projects like solar. The government promotes economic diversification and closer trade ties with Europe and Africa. Challenges include high youth unemployment and regional inequality, but Morocco's GDP benefits from rising investment and industrial development.
World Bank GDP economic data: 2010-2024. Last updated Oct 2025.
Morocco GDP Statistics by Year
| Year | GDP Size (in billions $) |
| 2025 (projected) | 160 |
| 2024 | 154 |
| 2023 | 144 |
| 2022 | 131 |
| 2021 | 142 |
| 2020 | 121 |
| 2019 | 129 |
| 2018 | 127 |
| 2017 | 119 |
| 2016 | 112 |
| 2015 | 110 |
| 2014 | 119 |
| 2013 | 116 |
| 2012 | 107 |
| 2011 | 110 |
| 2010 | 101 |