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Economy of Morocco vs Nauru compared: GDP & Debt

Updated on by Georank

Morocco has a GDP of $182B compared to $176M for Nauru, ranking 58/197 and 195/197 by economy size, respectively.

Morocco has $122B in government debt (67.1% of GDP), compared to $25.8M (14.6% of GDP) in Nauru.

Morocco vs Nauru GDP by year

Morocco
Nauru
1x
Year GDP, current $
Morocco Nauru
2025 $182,374,250,612 $176,040,044
2024 $160,610,994,055 $167,833,415
2023 $146,036,093,667 $161,531,317
2022 $131,245,312,804 $180,671,357
2021 $142,022,058,447 $149,268,324
2020 $121,353,645,057 $124,685,688
2019 $128,920,266,409 $125,160,116
2018 $127,341,147,582 $130,995,566
2017 $118,540,573,368 $109,355,639
2016 $111,572,947,005 $97,541,943
2015 $110,413,823,842 $84,863,441
2014 $119,130,841,412 $99,149,244
2013 $115,739,287,305 $94,385,015
2012 $106,937,392,311 $101,055,723
2011 $110,080,631,332 $65,071,880
2010 $100,865,329,473 $47,562,845
2009 $101,154,952,241 $44,176,246
2008 $101,822,906,949 $37,602,265
2007 $86,947,913,287 $22,766,972
2006 $75,883,823,301 $29,200,359
2005 $68,852,658,069 $30,070,666
2004 $66,114,145,451 $30,587,566
2003 $58,029,363,354 $24,778,160
2002 $47,077,192,188 $21,017,424
2001 $43,831,480,208 $22,613,288
2000 $43,017,455,402 $26,930,980
1999 $46,266,428,648 $27,328,613
1998 $46,497,608,725 $29,664,451
1997 $39,147,844,526 $37,331,507
1996 $43,161,571,528 $37,458,801
1995 $39,030,285,468 $39,969,706
1994 $35,604,137,423 $39,742,511
1993 $31,655,473,664 $43,542,088
1992 $33,711,069,431 $51,133,123
1991 $32,285,573,574 $52,533,789
1990 $30,179,954,775 $55,572,376
1989 $26,314,313,191 $53,736,786
1988 $25,705,296,184 $45,931,134
1987 $21,765,195,948 $40,118,410
1986 $19,462,085,540 $39,939,391
1985 $14,991,283,216 $41,548,741
1984 $14,824,667,954 $47,363,231
1983 $16,251,408,128 $48,439,093
1982 $17,692,276,734 $52,877,742
1981 $17,788,185,479 $51,689,637
1980 $21,728,516,153 $46,947,124
1979 $15,911,994,817 $44,431,330
1978 $13,236,946,234 $41,754,147
1977 $11,049,783,872 $40,444,702
1976 $9,584,297,284 $40,287,427
1975 $8,984,853,005 $40,106,776
1974 $7,675,466,449 $35,994,511
1973 $6,242,145,880 $26,529,817
1972 $5,074,117,545 $21,734,269
1971 $4,356,669,034 $19,009,433
1970 $3,956,336,244 $17,570,366
1969 $3,651,622,669 -
1968 $3,271,422,333 -
1967 $3,046,345,314 -
1966 $2,876,401,297 -
1965 $2,948,331,090 -
1964 $2,798,345,299 -
1963 $2,657,252,578 -
1962 $2,379,611,125 -
1961 $2,025,693,540 -
1960 $2,037,154,742 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/morocco/nauru | CC BY

GDP per capita in Morocco vs Nauru by year

Morocco
GDP per capita

GDP per capita, PPP
Nauru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Morocco Nauru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $4,746 - $14,640 -
2024 $4,218 $10,415 $14,048 $14,173
2023 $3,872 $9,895 $13,603 $13,732
2022 $3,516 $9,310 $15,310 $13,245
2021 $3,843 $8,623 $12,748 $12,112
2020 $3,317 $7,705 $10,709 $10,811
2019 $3,560 $8,046 $10,802 $10,555
2018 $3,553 $7,801 $11,414 $9,657
2017 $3,344 $8,115 $9,657 $9,650
2016 $3,186 $7,853 $8,748 $10,281
2015 $3,190 $7,799 $7,747 $9,955
2014 $3,483 $7,237 $9,230 $9,726
2013 $3,425 $7,542 $8,975 $8,429
2012 $3,206 $7,308 $9,843 $8,153
2011 $3,345 $7,274 $6,444 $6,544
2010 $3,107 $6,849 $4,736 $5,620
2009 $3,158 $6,629 $4,411 $5,568
2008 $3,222 $6,437 $3,757 $5,863
2007 $2,788 $6,058 $2,272 $4,789
2006 $2,466 $5,781 $2,910 $5,975
2005 $2,268 $5,275 $2,992 $5,336
2004 $2,207 $5,025 $3,041 $5,169
2003 $1,962 $4,741 $2,463 $5,261
2002 $1,612 $4,436 $2,085 $5,132
2001 $1,521 $4,269 $2,232 $5,587
2000 $1,513 $3,930 $2,649 $5,838
1999 $1,651 $3,801 $2,683 $6,118
1998 $1,683 $3,740 $2,909 $6,450
1997 $1,439 $3,502 $3,661 $7,231
1996 $1,610 $3,551 $3,679 $7,818
1995 $1,478 $3,152 $3,932 $8,726
1994 $1,369 $3,315 $3,921 $9,308
1993 $1,236 $2,979 $4,310 $9,513
1992 $1,337 $2,979 $5,103 $11,167
1991 $1,302 $3,025 $5,333 $13,265
1990 $1,238 $2,777 $5,776 $16,215
1989 $1,099 - $5,723 -
1988 $1,094 - $5,012 -
1987 $944 - $4,485 -
1986 $861 - $4,569 -
1985 $678 - $4,859 -
1984 $687 - $5,654 -
1983 $772 - $5,896 -
1982 $862 - $6,577 -
1981 $890 - $6,594 -
1980 $1,117 - $6,138 -
1979 $839 - $5,950 -
1978 $716 - $5,721 -
1977 $613 - $5,646 -
1976 $545 - $5,703 -
1975 $524 - $5,740 -
1974 $459 - $5,199 -
1973 $382 - $3,864 -
1972 $319 - $3,191 -
1971 $280.6 - $2,811 -
1970 $261.5 - $2,619 -
1969 $247.8 - - -
1968 $228 - - -
1967 $218.1 - - -
1966 $211.5 - - -
1965 $222.7 - - -
1964 $216.9 - - -
1963 $211.3 - - -
1962 $194.2 - - -
1961 $169.8 - - -
1960 $175.2 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/morocco/nauru | CC BY

Morocco's GDP per capita is $4,746, ranking 126/197, compared to $14,640 in Nauru, ranking 74/197. Adjusted for purchasing power (GDP per capita PPP), Morocco ranks 132nd at $10,415, while Nauru ranks 119th at $14,173.

Economic indicators

Morocco Nauru
Gross domestic product
$182B
2025
$176M
2025
GDP rank
58/197
2025
195/197
2025
GDP growth
4.6%
2024-2025
2.14%
2024-2025
GDP per capita
$4,746
2025
$14,640
2025
GDP per capita rank
126/197
2025
74/197
2025
GDP per capita, PPP
$10,415
2024
$14,173
2024
GDP per capita PPP rank
132/197
2024
119/197
2024
Government debt
$122B
2025
$25.8M
2025
Debt-to-GDP ratio
67.1%
2025
14.6%
2025
Government debt per person
$3,183
2025
$2,145
2025
Government debt per person rank
102/185
2025
118/185
2025
Average annual personal income after taxes
$4,045
2026
$9,187
2026
Market capitalization of domestic companies
$114B
2025
n/a
Number of billionaires
3
2026
n/a
Income share by richest 10%
31.9%
2013
25.3%
2012
Income share by poorest 10%
2.7%
2013
3.4%
2012
Government expenditure, % of GDP
31.3%
2025
128.7%
2025
Consumer prices inflation
0.7%
2024-2025
6.1%
2024-2025
Central bank interest rate
2.25%
2025
n/a
Unemployment rate
11.8%
2022
5.06%
2021
Population
38938817
12139

Spending and national debt comparison by year

Morocco
Spending

Debt
Nauru
Spending

Debt
1x
Year % of GDP
Morocco Nauru
Government spending Government debt Government spending Government debt
2025 31.3% 67.1% 128.7% 14.6%
2024 30.9% 67.7% 118.4% 16.9%
2023 30.2% 68.7% 111% 19.2%
2022 31.8% 71.4% 113.8% 18.9%
2021 30.1% 69.4% 109.5% 24.2%
2020 34.1% 72.2% 109.4% 56.3%
2019 27% 60.3% 106% 59.6%
2018 27.8% 60.5% 90.8% 71.1%
2017 27.9% 60.3% 102.3% 78%
2016 28.6% 60.1% 96% 86.3%
2015 28.5% 58.4% 85.4% 113%
2014 30.7% 58.6% 61.3% 147.7%
2013 30.4% 57.1% 66% 166.9%
2012 32.5% 52.3% 46% 157.3%
2011 31.2% 48.6% 44.7% 236.8%
2010 28.7% 45.3% 73.8% 298.9%
2009 28.1% 42.6% 68% 295.6%
2008 28.3% 42% - -
2007 26.4% 47.1% - -
2006 26% 50.6% - -
2005 28.6% 54.8% - -
2004 24.5% 54.4% - -
2003 24.1% 56.9% - -
2002 25.8% 59.4% - -
2001 23.7% 60.4% - -
2000 22.8% 64.9% - -
1999 18.4% 63.4% - -
1998 18.7% 64.5% - -
1997 18.6% 68% - -
1996 17.6% 65.3% - -
1995 21.3% 72.2% - -
1994 21.7% 69.3% - -
1993 23.1% 74.7% - -
1992 22.3% 67% - -
1991 20.8% 59.1% - -
1990 22.6% 70.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/morocco/nauru | CC BY

In 2025, Morocco's government spending was $57B, accounting for 31.3% of its GDP, while Nauru spent $227M, or 128.7% of GDP.

Debt-to-GDP ratio is 67.1% in Morocco and 14.6% in Nauru, ranking 64/185 and 176/185, respectively.

Government deficit by year

Deficit/surplus
Morocco

Nauru
1x
Year Deficit/surplus, % of GDP
Morocco Nauru
2025 -3.54% 3.51%
2024 -3.92% 28.9%
2023 -4.41% 18.2%
2022 -5.37% 20.5%
2021 -5.92% 52.4%
2020 -7.15% 42.8%
2019 -3.8% 31%
2018 -3.52% 29.6%
2017 -3.3% 16.2%
2016 -4.49% 18.9%
2015 -4.59% 10.7%
2014 -4.78% 29.6%
2013 -4.7% 1.71%
2012 -6.63% 8.12%
2011 -6.08% 2.73%
2010 -3.93% 0.09%
2009 -1.63% 0.37%
2008 0.63% -
2007 -0.12% -
2006 -1.8% -
2005 -5.46% -
2004 -3.31% -
2003 -3.74% -
2002 -4.37% -
2001 -3.79% -
2000 -1.97% -
1999 3.21% -
1998 1.47% -
1997 1.5% -
1996 0.87% -
1995 -2.54% -
1994 -2.51% -
1993 -2% -
1992 -1.84% -
1991 -0.9% -
1990 -1.32% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/morocco/nauru | CC BY

In 2025, Morocco's government deficit, the difference between spending and revenue, was $6.46B, equivalent to 3.54% of GDP. This compares to Nauru's surplus of $6.19M, or 3.51% of GDP.

Over the past 17 years, Morocco recorded a fiscal deficit in 17 of those years, while Nauru ran a deficit in 0 years. On average, Morocco posted an annual deficit equal to 4.57% of GDP, compared to surplus of 18.5% of GDP for Nauru.

Inflation comparison by year

Inflation
Morocco

Nauru
1x
Year Consumer prices inflation
Morocco Nauru
2025 0.7% 6.1%
2024 0.99% 9.3%
2023 6.09% 4.8%
2022 6.66% 1.1%
2021 1.4% 2%
2020 0.71% 0.9%
2019 0.3% 4.1%
2018 1.8% 1.1%
2017 0.75% 4.5%
2016 1.64% 8.1%
2015 1.56% 9.8%
2014 0.44% 0.3%
2013 1.88% -1.1%
2012 1.29% 0.3%
2011 0.91% -3.4%
2010 0.99% -2%
2009 0.97% 22.4%
2008 3.71% 1%
2007 2.04% 5.6%
2006 3.28% 19.3%
2005 0.98% 8.7%
2004 1.49% -
2003 1.17% -
2002 2.8% -
2001 0.62% -
2000 1.89% -
1999 0.68% -
1998 2.75% -
1997 1.04% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2005–2025, retrieved 2026-07-08).

GeoRank.org/economy/morocco/nauru | CC BY

Over the past 21 years, Morocco has recorded an average annual inflation rate of 1.86%, compared with 4.9% in Nauru. In 2025, inflation was 0.7% in Morocco and 6.1% in Nauru.

Top exports between countries

Morocco
Export category Export value
Nauru
Export category Export value
Machinery & equipment $1K

Balance of trade

Morocco Nauru
Current account balance
-$4.56B
2025
$9.73M
2024
Current account balance ranking
163/190
2025
69/190
2024
Current account balance, % of GDP
-2.5%
2025
+5.8%
2024
Goods imports
$77.2B
2025
$92.7M
2024
Goods exports
$43.7B
2025
$25.5M
2024
Service imports
$16.7B
2025
$88.2M
2024
Service exports
$33.6B
2025
$64.6M
2024
Imports of goods and services, % of GDP
51.1%
2025
103.7%
2025
Exports of goods and services, % of GDP
42%
2025
61.8%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Morocco Nauru
Economic freedom 61.8 60
Economic freedom ranking 91/197 97/197
Property rights 55.2 n/a
Government integrity 35.6 n/a
Judicial effectiveness 32.5 n/a
Tax burden 65.5 n/a
Government spending 67.5 n/a
Fiscal health 57.5 n/a
Business freedom 72.1 n/a
Labor freedom 46.2 n/a
Monetary freedom 79.6 n/a
Trade freedom 69.8 n/a
Investment freedom 80 n/a
Financial freedom 80 n/a

Other economic metrics

Morocco Nauru
Services, % of GDP
52.3%
2025
n/a
Industry, % of GDP
25.2%
2025
n/a
Agriculture, forestry, and fishing, % of GDP
10.5%
2025
n/a
GNI, Atlas method
$170B
2025
$249M
2025
GNI per capita, PPP
$10,960
2025
$20,200
2025
Total reserves including gold
$48.5B
2025
n/a
Total reserves ranking
50/177
2025
n/a
Net foreign direct investment
-$2.51B
2025
$4.51M
2024
Net inflows of foreign direct investment
$1.75B
2024
-$5.85M
2024
Net outflows of foreign direct investment
$679M
2024
-$1.34M
2024
Servicing debt to the IMF, % of GNI
5.63%
2024
n/a
Poverty at national poverty lines
3.9%
2022
n/a
Gross capital formation, % of GDP
31.9%
2025
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/morocco/nauru | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. TradeMap (2025, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.