Monaco vs Morocco: Economic Indicators Comparison

Morocco with a GDP of $117.9B ranked the 60th largest economy in the world, while Monaco ranked 149th with $7.2B. By GDP per capita, Morocco and Monaco ranked 130th vs 1st, respectively.

Gross Domestic Product & Income

StatMonacoMorocco
GDP$7.2B$117.9B
GDP growth, 1 year6.1%3.1%
GDP growth, 5-years averageN/A3.1%
Population39k36M
GDP per capita$186k$3.2k
GDP per capita growth5.3%1.65%
Purchasing Power Parity conversion factorN/A3.51
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.37
GDP per capita, PPP adjusted$98k$8.9k
GNI, Atlas methodN/A$112.9B
GNI per capitaN/A$3.1k
GNI, PPP adjustedN/A$308.5B
GNI per capita, PPP adjustedN/A$8.4k

Financial system and Human development

StatMonacoMorocco
Income Tax RateN/A38%
Corporate Tax RateN/A30%
Inflation, consumer pricesN/A1.9%
Inflation, GDP deflator0.8%1.1%
Unemployment6.3%9%
Economic Freedom Index8363.3
Personal Freedom Index8.76.11
Human Freedom Index8.76.24
Property Rights IndexN/A66.3
Judical Effectiveness IndexN/A48
Business Freedom IndexN/A70.4
Fiscal Health IndexN/A67.2
Labor Freedom IndexN/A33
Investment Freedom IndexN/A65
Financial Freedom IndexN/A70
Trade Freedom IndexN/A78.6
Monetary Freedom IndexN/A77
Government Spending IndexN/A72.8
Tax Burden IndexN/A71.8
Government Integrity IndexN/A39.2
Corruption Perceptions Index8243
Life expectancy at birth, years89.776.2
Suicide mortality rate, per 100,000 people0.22.9
Mortality caused by road traffic injury, per 100,000 people019.6
Intentional homicides, per 100,000 people02.1
International tourism, number of arrivals347k12.3M

Government debt & reserves

StatMonacoMorocco
Central government debt, % of GDPN/A65.2%
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 GNIN/A20.9%
Gross savings, % of GDPN/A27.7%
Gross capital formation, % of GDPN/A33.5%
Total reserves including goldN/A$24.5B
Foreign direct investment net inflowsN/A$3.6B

Exports, imports and economic structure

StatMonacoMorocco
Exports of goods and services, % of GDPN/A38.7%
Imports of goods and services, % of GDPN/A49.3%
Current account balance (balance of payments)N/A-$6.4B
Revenue excluding grants, % of GDPN/A25.8%
Grants excluding technical cooperation, BoPN/A$473.5M
Personal remittances receivedN/A$6.9B
Industry including construction value added, % of GDP13.1%25.9%
Agriculture, forestry and fishing value added, % of GDPN/A12.3%
Charges for the use of intellectual property, payments BoPN/A$166.9M
Charges for the use of intellectual property, receipts BoPN/A$5.1M
Expense, % of GDPN/A24.7%
Government Expenditure, % of GDPN/A30.1%

Compare with countries close by GDP per capita

Monaco vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
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
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k

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