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Economy of Morocco vs North Korea compared: GDP & Debt

Updated on by Georank team

Morocco has a GDP of $161B compared to $34.9B for North Korea, ranking 58/197 and 106/197 by economy size, respectively.

Morocco vs North Korea GDP by year

Morocco
North Korea
1x
Year GDP, current $
Morocco North Korea
2024 $160,610,994,055 $34,943,120,000
2023 $146,036,093,667 $32,155,360,000
2022 $131,245,312,804 $28,971,360,000
2021 $142,022,058,447 $32,301,720,000
2020 $121,353,645,057 $27,728,240,000
2019 $128,920,266,409 $28,222,880,000
2018 $127,341,147,582 $28,536,400,000
2017 $118,540,573,368 $29,105,440,000
2016 $111,572,947,005 $28,882,640,000
2015 $110,413,823,842 $30,723,030,000
2014 $119,130,841,412 $30,554,460,000
2013 $115,739,287,305 $30,588,922,000
2012 $106,937,392,311 $29,890,710,000
2011 $110,080,631,332 $29,005,020,000
2010 $100,865,329,473 $25,995,513,000
2009 $101,154,952,241 $23,356,470,000
2008 $101,822,906,949 -
2007 $86,947,913,287 -
2006 $75,883,823,301 -
2005 $68,852,658,069 -
2004 $66,114,145,451 -
2003 $58,029,363,354 -
2002 $47,077,192,188 -
2001 $43,831,480,208 -
2000 $43,017,455,402 -
1999 $46,266,428,648 -
1998 $46,497,608,725 -
1997 $39,147,844,526 -
1996 $43,161,571,528 -
1995 $39,030,285,468 -
1994 $35,604,137,423 -
1993 $31,655,473,664 -
1992 $33,711,069,431 -
1991 $32,285,573,574 -
1990 $30,179,954,775 -
1989 $26,314,313,191 -
1988 $25,705,296,184 -
1987 $21,765,195,948 -
1986 $19,462,085,540 -
1985 $14,991,283,216 -
1984 $14,824,667,954 -
1983 $16,251,408,128 -
1982 $17,692,276,734 -
1981 $17,788,185,479 -
1980 $21,728,516,153 -
1979 $15,911,994,817 -
1978 $13,236,946,234 -
1977 $11,049,783,872 -
1976 $9,584,297,284 -
1975 $8,984,853,005 -
1974 $7,675,466,449 -
1973 $6,242,145,880 -
1972 $5,074,117,545 -
1971 $4,356,669,034 -
1970 $3,956,336,244 -
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 (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/morocco/north-korea | CC BY

GDP per capita in Morocco vs North Korea by year

Morocco
GDP per capita

GDP per capita, PPP
North Korea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Morocco North Korea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,218 $10,415 $1,319 -
2023 $3,872 $9,895 $1,217 -
2022 $3,516 $9,310 $1,100 -
2021 $3,843 $8,623 $1,231 -
2020 $3,317 $7,705 $1,061 -
2019 $3,560 $8,046 $1,084 -
2018 $3,553 $7,801 $1,100 -
2017 $3,344 $8,115 $1,127 -
2016 $3,186 $7,853 $1,124 -
2015 $3,190 $7,799 $1,201 $1,700
2014 $3,483 $7,237 $1,201 $1,800
2013 $3,425 $7,542 $1,208 -
2012 $3,206 $7,308 $1,186 -
2011 $3,345 $7,274 $1,156 $1,800
2010 $3,107 $6,849 $1,040 -
2009 $3,158 $6,629 $939 $1,800
2008 $3,222 $6,437 - $1,800
2007 $2,788 $6,058 - $1,700
2006 $2,466 $5,781 - $1,800
2005 $2,268 $5,275 - $1,700
2004 $2,207 $5,025 - $1,700
2003 $1,962 $4,741 - $1,300
2002 $1,612 $4,436 - $1,000
2001 $1,521 $4,269 - -
2000 $1,513 $3,930 - $1,000
1999 $1,651 $3,801 - $1,000
1998 $1,683 $3,740 - -
1997 $1,439 $3,502 - -
1996 $1,610 $3,551 - -
1995 $1,478 $3,152 - -
1994 $1,369 $3,315 - -
1993 $1,236 $2,979 - -
1992 $1,337 $2,979 - -
1991 $1,302 $3,025 - -
1990 $1,238 $2,777 - -
1989 $1,099 - - -
1988 $1,094 - - -
1987 $944 - - -
1986 $861 - - -
1985 $678 - - -
1984 $687 - - -
1983 $772 - - -
1982 $862 - - -
1981 $890 - - -
1980 $1,117 - - -
1979 $839 - - -
1978 $716 - - -
1977 $613 - - -
1976 $545 - - -
1975 $524 - - -
1974 $459 - - -
1973 $382 - - -
1972 $319 - - -
1971 $280.6 - - -
1970 $261.5 - - -
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 (1960–2024, retrieved 2026-04-06); Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20).

GeoRank.org/economy/morocco/north-korea | CC BY

Morocco's GDP per capita is $4,218, ranking 127/197, compared to $1,319 in North Korea, ranking 168/197. Adjusted for purchasing power (GDP per capita PPP), Morocco ranks 132nd at $10,415, while North Korea ranks 193rd at $1,700.

Economic indicators

Morocco North Korea
Gross domestic product
$161B
2024
$34.9B
2024
GDP rank
58/197
2024
106/197
2024
GDP growth
3.79%
2023-2024
n/a
GDP per capita
$4,218
2024
$1,319
2024
GDP per capita rank
127/197
2024
168/197
2024
GDP per capita, PPP
$10,415
2024
$1,700
2015
GDP per capita PPP rank
132/197
2024
193/197
2015
Government debt
$109B
2024
n/a
Debt-to-GDP ratio
67.7%
2024
n/a
Government debt per person
$2,857
2024
n/a
Government debt per person rank
104/185
2024
n/a
Average annual personal income after taxes
$5,678
2026
$1,426
2026
Market capitalization of domestic companies
$74.5B
2024
n/a
Number of billionaires
3
2025
n/a
Income share by richest 10%
31.9%
2013
n/a
Income share by poorest 10%
2.7%
2013
n/a
Government expenditure, % of GDP
33%
2024
n/a
Consumer prices inflation
0.99%
2023-2024
n/a
Central bank interest rate
2.25%
2025
n/a
Unemployment rate
11.8%
2022
25.6%
2013
Population
38871720
26659144

Balance of trade

Morocco North Korea
Current account balance
-$1.87B
2024
n/a
Current account balance ranking
141/190
2024
n/a
Current account balance, % of GDP
-1.16%
2024
n/a
Goods imports
$66.5B
2024
n/a
Goods exports
$39.3B
2024
n/a
Service imports
$14.3B
2024
n/a
Service exports
$28.2B
2024
n/a
Imports of goods and services, % of GDP
50.2%
2024
n/a
Exports of goods and services, % of GDP
42%
2024
n/a

Economic freedom indices

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

Morocco North Korea
Economic freedom 61.8 3.1
Economic freedom ranking 91/197 197/197
Property rights 55.2 16.3
Government integrity 35.6 4.3
Judicial effectiveness 32.5 6.3
Tax burden 65.5 0
Government spending 67.5 0
Fiscal health 57.5 0
Business freedom 72.1 5
Labor freedom 46.2 5
Monetary freedom 79.6 0
Trade freedom 69.8 0
Investment freedom 80 0
Financial freedom 80 0

Economic freedom comparison by year

Morocco
North Korea
1x
Year Economic freedom index
Morocco North Korea
2026 61.8 3.1
2025 60.3 3
2024 56.8 2.9
2023 58.4 2.9
2022 59.2 3
2021 63.3 5.2
2020 63.3 4.2
2019 62.9 5.9
2018 61.9 5.8
2017 61.5 4.9
2016 61.3 2.3
2015 60.1 1.3
2014 58.3 1
2013 59.6 1.5
2012 60.2 1
2011 59.6 1
2010 59.2 1
2009 57.7 2
2008 55.6 3
2007 56.4 3
2006 51.5 4
2005 52.2 8
2004 56.7 8.9
2003 57.8 8.9
2002 59 8.9
2001 63.9 8.9
2000 63.2 8.9
1999 63.8 8.9
1998 61.1 8.9
1997 64.7 8.9
1996 64.3 8.9
1995 62.8 8.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/morocco/north-korea | CC BY

The Economic Freedom Index for Morocco is 61.8, ranking 91/197, compared to 3.1 for North Korea, ranking 197/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Morocco North Korea
Services, % of GDP
52.7%
2024
n/a
Industry, % of GDP
25.6%
2024
n/a
Agriculture, forestry, and fishing, % of GDP
10.6%
2024
n/a
GNI, Atlas method
$149B
2024
n/a
GNI per capita, PPP
$10,260
2024
n/a
Total reserves including gold
$37.1B
2024
n/a
Total reserves ranking
52/177
2024
n/a
Net foreign direct investment
-$948M
2024
n/a
Net inflows of foreign direct investment
$1.64B
2024
$203K
1989
Net outflows of foreign direct investment
$691M
2024
$0
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
30.1%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/morocco/north-korea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.