Cape Verde vs Morocco: Economic Indicators Comparison
Morocco with a GDP of $117.9B ranked the 60th largest economy in the world, while Cape Verde ranked 174th with $2B. By GDP 5-years average growth and GDP per capita, Morocco and Cape Verde ranked 87th vs 94th and 130th vs 125th, respectively.
Gross Domestic Product & Income
Stat | Cape Verde | Morocco |
---|---|---|
GDP | $2B | $117.9B |
GDP growth, 1 year | 4.7% | 3.1% |
GDP growth, 5-years average | 3% | 3.1% |
Population | 546k | 36M |
GDP per capita | $3.6k | $3.2k |
GDP per capita growth | 3.87% | 1.65% |
Purchasing Power Parity conversion factor | 45.56 | 3.51 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.49 | 0.37 |
GDP per capita, PPP adjusted | $7.3k | $8.9k |
GNI, Atlas method | $1.9B | $112.9B |
GNI per capita | $3.4k | $3.1k |
GNI, PPP adjusted | $4B | $308.5B |
GNI per capita, PPP adjusted | $7.3k | $8.4k |
Financial system and Human development
Stat | Cape Verde | Morocco |
---|---|---|
Income Tax Rate | 50% | 38% |
Corporate Tax Rate | 30% | 30% |
Inflation, consumer prices | 2.2% | 1.9% |
Inflation, GDP deflator | 1.5% | 1.1% |
Unemployment | 12.3% | 9% |
Economic Freedom Index | 63.6 | 63.3 |
Personal Freedom Index | 8.33 | 6.11 |
Human Freedom Index | 7.4 | 6.24 |
Property Rights Index | 47.5 | 66.3 |
Judical Effectiveness Index | 48 | 48 |
Business Freedom Index | 58.5 | 70.4 |
Fiscal Health Index | 66.2 | 67.2 |
Labor Freedom Index | 55.6 | 33 |
Investment Freedom Index | 80 | 65 |
Financial Freedom Index | 60 | 70 |
Trade Freedom Index | 68.2 | 78.6 |
Monetary Freedom Index | 83.1 | 77 |
Government Spending Index | 71.7 | 72.8 |
Tax Burden Index | 77.7 | 71.8 |
Government Integrity Index | 46.1 | 39.2 |
Corruption Perceptions Index | 57 | 43 |
Life expectancy at birth, years | 72.6 | 76.2 |
Suicide mortality rate, per 100,000 people | 11.3 | 2.9 |
Mortality caused by road traffic injury, per 100,000 people | 25 | 19.6 |
Intentional homicides, per 100,000 people | 11.5 | 2.1 |
International tourism, number of arrivals | 710k | 12.3M |
Government debt & reserves
Stat | Cape Verde | Morocco |
---|---|---|
Central government debt, % of GDP | 127.7% | 65.2% |
External debt stocks, % of GNI | 89.3% | 42.2% |
External debt stocks | $1.7B | $49B |
Short-term debt, % of total reserves | 0.2% | 30.4% |
Total debt service, % of exports and primary income | 5.6% | 8.8% |
Adjusted net savings including particulate emission damage, % of GNI | 11.7% | 20.9% |
Gross savings, % of GDP | 34.7% | 27.7% |
Gross capital formation, % of GDP | 40.4% | 33.5% |
Total reserves including gold | $606.4M | $24.5B |
Foreign direct investment net inflows | $108M | $3.6B |
Exports, imports and economic structure
Stat | Cape Verde | Morocco |
---|---|---|
Exports of goods and services, % of GDP | 48.8% | 38.7% |
Imports of goods and services, % of GDP | 68.2% | 49.3% |
Current account balance (balance of payments) | -$94.5M | -$6.4B |
Revenue excluding grants, % of GDP | 28.8% | 25.8% |
Grants excluding technical cooperation, BoP | $42.5M | $473.5M |
Personal remittances received | $233.5M | $6.9B |
Industry including construction value added, % of GDP | 19.2% | 25.9% |
Agriculture, forestry and fishing value added, % of GDP | 5.3% | 12.3% |
Charges for the use of intellectual property, payments BoP | $11.3M | $166.9M |
Charges for the use of intellectual property, receipts BoP | $47k | $5.1M |
Expense, % of GDP | 28.4% | 24.7% |
Government Expenditure, % of GDP | 30.7% | 30.1% |