Israel vs Morocco: Economic Indicators Comparison

Israel with a GDP of $370.6B ranked the 34th largest economy in the world, while Morocco ranked 60th with $117.9B. By GDP 5-years average growth and GDP per capita, Israel and Morocco ranked 73rd vs 87th and 26th vs 130th, respectively.

Gross Domestic Product & Income

StatIsraelMorocco
GDP$370.6B$117.9B
GDP growth, 1 year3.3%3.1%
GDP growth, 5-years average3.4%3.1%
Population9.1M36M
GDP per capita$42k$3.2k
GDP per capita growth1.47%1.65%
Purchasing Power Parity conversion factor3.753.51
Price level ratio of PPP conversion factor GDP to market exchange rate1.040.37
GDP per capita, PPP adjusted$38k$8.9k
GNI, Atlas method$363.6B$112.9B
GNI per capita$41k$3.1k
GNI, PPP adjusted$354.8B$308.5B
GNI per capita, PPP adjusted$40k$8.4k

Financial system and Human development

StatIsraelMorocco
Income Tax Rate48%38%
Corporate Tax Rate23%30%
Inflation, consumer prices0.8%1.9%
Inflation, GDP deflator1.2%1.1%
Unemployment4%9%
Economic Freedom Index7463.3
Personal Freedom Index7.646.11
Human Freedom Index7.416.24
Property Rights Index82.366.3
Judical Effectiveness Index71.848
Business Freedom Index72.270.4
Fiscal Health Index89.267.2
Labor Freedom Index64.433
Investment Freedom Index7565
Financial Freedom Index7070
Trade Freedom Index86.278.6
Monetary Freedom Index84.977
Government Spending Index53.572.8
Tax Burden Index6171.8
Government Integrity Index77.239.2
Corruption Perceptions Index6143
Life expectancy at birth, years82.676.2
Suicide mortality rate, per 100,000 people5.42.9
Mortality caused by road traffic injury, per 100,000 people4.219.6
Intentional homicides, per 100,000 people1.42.1
International tourism, number of arrivals4.1M12.3M

Government debt & reserves

StatIsraelMorocco
Central government debt, % of GDP59.6%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 GNI15.6%20.9%
Gross savings, % of GDP24.4%27.7%
Gross capital formation, % of GDP21.8%33.5%
Total reserves including gold$115.3B$24.5B
Foreign direct investment net inflows$20.8B$3.6B

Exports, imports and economic structure

StatIsraelMorocco
Exports of goods and services, % of GDP29.4%38.7%
Imports of goods and services, % of GDP29%49.3%
Current account balance (balance of payments)$9.3B-$6.4B
Revenue excluding grants, % of GDP31.8%25.8%
Grants excluding technical cooperation, BoP$533.6M$473.5M
Personal remittances received$939.6M$6.9B
Industry including construction value added, % of GDP19.4%25.9%
Agriculture, forestry and fishing value added, % of GDP1.1%12.3%
Charges for the use of intellectual property, payments BoP$1.4B$166.9M
Charges for the use of intellectual property, receipts BoP$1.3B$5.1M
Expense, % of GDP37%24.7%
Government Expenditure, % of GDP39.4%30.1%

Compare with countries close by GDP per capita

Israel vs

CountryGDP
per capita
Population
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
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
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M

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