Cyprus vs Morocco: Economic Indicators Comparison

Morocco with a GDP of $117.9B ranked the 60th largest economy in the world, while Cyprus ranked 109th with $25B. By GDP 5-years average growth and GDP per capita, Morocco and Cyprus ranked 87th vs 99th and 130th vs 36th, respectively.

Gross Domestic Product & Income

StatCyprusMorocco
GDP$25B$117.9B
GDP growth, 1 year3.9%3.1%
GDP growth, 5-years average2.8%3.1%
Population1.1M36M
GDP per capita$28k$3.2k
GDP per capita growth2.75%1.65%
Purchasing Power Parity conversion factor0.633.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.740.37
GDP per capita, PPP adjusted$40k$8.9k
GNI, Atlas method$24.9B$112.9B
GNI per capita$26k$3.1k
GNI, PPP adjusted$34.7B$308.5B
GNI per capita, PPP adjusted$35k$8.4k

Financial system and Human development

StatCyprusMorocco
Income Tax Rate35%38%
Corporate Tax Rate12.5%30%
Inflation, consumer prices0.8%1.9%
Inflation, GDP deflator1.4%1.1%
Unemployment8.1%9%
Economic Freedom Index70.163.3
Personal Freedom Index8.966.11
Human Freedom Index8.396.24
Property Rights Index77.466.3
Judical Effectiveness Index50.548
Business Freedom Index76.670.4
Fiscal Health Index8067.2
Labor Freedom Index59.733
Investment Freedom Index7565
Financial Freedom Index6070
Trade Freedom Index86.478.6
Monetary Freedom Index84.377
Government Spending Index58.672.8
Tax Burden Index74.871.8
Government Integrity Index57.639.2
Corruption Perceptions Index5943
Life expectancy at birth, years80.776.2
Suicide mortality rate, per 100,000 people5.32.9
Mortality caused by road traffic injury, per 100,000 people5.119.6
Intentional homicides, per 100,000 people0.62.1
International tourism, number of arrivals3.9M12.3M

Government debt & reserves

StatCyprusMorocco
Central government debt, % of GDP102.5%65.2%
External debt stocks, % of GNIN/A42.2%
External debt stocksN/A$49B
Short-term debt, % of total reservesN/A30.4%
Total debt service, % of exports and primary incomeN/A8.8%
Adjusted net savings including particulate emission damage, % of GNI3.2%20.9%
Gross savings, % of GDP21.8%27.7%
Gross capital formation, % of GDP19.1%33.5%
Total reserves including gold$924.2M$24.5B
Foreign direct investment net inflows$5.2B$3.6B

Exports, imports and economic structure

StatCyprusMorocco
Exports of goods and services, % of GDP73.1%38.7%
Imports of goods and services, % of GDP72.3%49.3%
Current account balance (balance of payments)-$1.1B-$6.4B
Revenue excluding grants, % of GDP37.4%25.8%
Grants excluding technical cooperation, BoP$34.2M$473.5M
Personal remittances received$497.8M$6.9B
Industry including construction value added, % of GDP12.2%25.9%
Agriculture, forestry and fishing value added, % of GDP2%12.3%
Charges for the use of intellectual property, payments BoP$127.2M$166.9M
Charges for the use of intellectual property, receipts BoP$174k$5.1M
Expense, % of GDP35.4%24.7%
Government Expenditure, % of GDP37.1%30.1%

Compare with countries close by GDP per capita

Cyprus vs

CountryGDP
per capita
Population
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M

Morocco vs

CountryGDP
per capita
Population
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k