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Mexico vs Morocco: Economic Indicators Comparison

Mexico with a GDP of $1.2T ranked the 15th largest economy in the world, while Morocco ranked 60th with $117.9B. By GDP 5-years average growth and GDP per capita, Mexico and Morocco ranked 109th vs 87th and 77th vs 130th, respectively.

Gross Domestic Product & Income

StatMexicoMorocco
GDP$1.2T$117.9B
GDP growth, 1 year2%3.1%
GDP growth, 5-years average2.6%3.1%
Population130.5M36M
GDP per capita$9.7k$3.2k
GDP per capita growth0.99%1.65%
Purchasing Power Parity conversion factor9.383.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.37
GDP per capita, PPP adjusted$21k$8.9k
GNI, Atlas method$1.2T$112.9B
GNI per capita$9.2k$3.1k
GNI, PPP adjusted$2.4T$308.5B
GNI per capita, PPP adjusted$19k$8.4k

Financial system and Human development

StatMexicoMorocco
Income Tax Rate35%38%
Corporate Tax Rate30%30%
Inflation, consumer prices4.9%1.9%
Inflation, GDP deflator5%1.1%
Unemployment3.3%9%
Economic Freedom Index6663.3
Personal Freedom Index7.236.11
Human Freedom Index6.946.24
Property Rights Index58.366.3
Judical Effectiveness Index34.748
Business Freedom Index6770.4
Fiscal Health Index87.567.2
Labor Freedom Index58.433
Investment Freedom Index7565
Financial Freedom Index6070
Trade Freedom Index87.678.6
Monetary Freedom Index70.977
Government Spending Index79.372.8
Tax Burden Index76.171.8
Government Integrity Index36.739.2
Corruption Perceptions Index2843
Life expectancy at birth, years74.976.2
Suicide mortality rate, per 100,000 people5.12.9
Mortality caused by road traffic injury, per 100,000 people13.119.6
Intentional homicides, per 100,000 people24.82.1
International tourism, number of arrivals41.3M12.3M

Government debt & reserves

StatMexicoMorocco
Central government debt, % of GDP53.6%65.2%
External debt stocks, % of GNI38%42.2%
External debt stocks$453B$49B
Short-term debt, % of total reserves34.6%30.4%
Total debt service, % of exports and primary income11.9%8.8%
Adjusted net savings including particulate emission damage, % of GNI7.5%20.9%
Gross savings, % of GDP23.7%27.7%
Gross capital formation, % of GDP22.7%33.5%
Total reserves including gold$176.4B$24.5B
Foreign direct investment net inflows$37.5B$3.6B

Exports, imports and economic structure

StatMexicoMorocco
Exports of goods and services, % of GDP39.3%38.7%
Imports of goods and services, % of GDP41.2%49.3%
Current account balance (balance of payments)-$22B-$6.4B
Revenue excluding grants, % of GDP18.9%25.8%
Grants excluding technical cooperation, BoP$318.9M$473.5M
Personal remittances received$35.8B$6.9B
Industry including construction value added, % of GDP30.9%25.9%
Agriculture, forestry and fishing value added, % of GDP3.4%12.3%
Charges for the use of intellectual property, payments BoP$302M$166.9M
Charges for the use of intellectual property, receipts BoP$7M$5.1M
Expense, % of GDP20.4%24.7%
Government Expenditure, % of GDP26.3%30.1%

Compare with countries close by GDP per capita

Mexico vs

CountryGDP
per capita
Population
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M

Morocco vs

CountryGDP
per capita
Population
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
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
6.34M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
52.6k
Tuvalu
$3.7k
9.88k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
754k
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
Solomon Islands
$2.1k
561k