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Economy of Morocco vs Poland compared: GDP & Debt

Updated on by Georank team

Morocco has a GDP of $161B compared to $918B for Poland, ranking 58/197 and 21/197 by economy size, respectively.

Morocco has $109B in government debt (67.7% of GDP), compared to $507B (55.3% of GDP) in Poland.

Morocco vs Poland GDP by year

Morocco
Poland
1x
Year GDP, current $
Morocco Poland
2024 $160,610,994,055 $917,767,106,147
2023 $146,036,093,667 $812,451,193,396
2022 $131,245,312,804 $695,607,470,875
2021 $142,022,058,447 $689,170,230,665
2020 $121,353,645,057 $605,914,237,904
2019 $128,920,266,409 $602,683,770,145
2018 $127,341,147,582 $594,616,687,350
2017 $118,540,573,368 $528,356,676,667
2016 $111,572,947,005 $473,259,583,970
2015 $110,413,823,842 $480,054,118,583
2014 $119,130,841,412 $542,134,167,179
2013 $115,739,287,305 $518,179,836,405
2012 $106,937,392,311 $498,148,649,703
2011 $110,080,631,332 $527,848,543,023
2010 $100,865,329,473 $478,111,630,684
2009 $101,154,952,241 $440,891,472,247
2008 $101,822,906,949 $535,612,030,672
2007 $86,947,913,287 $429,715,132,138
2006 $75,883,823,301 $345,897,630,736
2005 $68,852,658,069 $306,999,913,151
2004 $66,114,145,451 $256,268,656,145
2003 $58,029,363,354 $218,561,225,998
2002 $47,077,192,188 $199,694,463,256
2001 $43,831,480,208 $191,823,200,371
2000 $43,017,455,402 $172,953,527,033
1999 $46,266,428,648 $170,704,452,715
1998 $46,497,608,725 $175,282,269,667
1997 $39,147,844,526 $159,893,964,917
1996 $43,161,571,528 $160,813,026,223
1995 $39,030,285,468 $142,838,527,115
1994 $35,604,137,423 $110,803,635,288
1993 $31,655,473,664 $96,043,157,273
1992 $33,711,069,431 $94,337,050,693
1991 $32,285,573,574 $85,500,935,935
1990 $30,179,954,775 $65,977,748,211
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/poland | CC BY

GDP per capita in Morocco vs Poland by year

Morocco
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Morocco Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,218 $10,415 $25,104 $51,263
2023 $3,872 $9,895 $22,145 $48,473
2022 $3,516 $9,310 $18,891 $46,778
2021 $3,843 $8,623 $18,636 $41,060
2020 $3,317 $7,705 $16,151 $37,089
2019 $3,560 $8,046 $15,875 $35,882
2018 $3,553 $7,801 $15,658 $32,345
2017 $3,344 $8,115 $13,913 $30,170
2016 $3,186 $7,853 $12,464 $28,360
2015 $3,190 $7,799 $12,638 $26,988
2014 $3,483 $7,237 $14,262 $25,460
2013 $3,425 $7,542 $13,622 $24,434
2012 $3,206 $7,308 $13,087 $23,728
2011 $3,345 $7,274 $13,868 $22,809
2010 $3,107 $6,849 $12,568 $20,991
2009 $3,158 $6,629 $11,556 $19,300
2008 $3,222 $6,437 $14,049 $18,372
2007 $2,788 $6,058 $11,273 $16,833
2006 $2,466 $5,781 $9,069 $15,205
2005 $2,268 $5,275 $8,044 $13,936
2004 $2,207 $5,025 $6,712 $13,413
2003 $1,962 $4,741 $5,721 $12,329
2002 $1,612 $4,436 $5,223 $11,841
2001 $1,521 $4,269 $5,015 $11,175
2000 $1,513 $3,930 $4,521 $10,721
1999 $1,651 $3,801 $4,416 $10,081
1998 $1,683 $3,740 $4,534 $9,521
1997 $1,439 $3,502 $4,137 $8,967
1996 $1,610 $3,551 $4,164 $8,310
1995 $1,478 $3,152 $3,701 $7,715
1994 $1,369 $3,315 $2,875 $7,040
1993 $1,236 $2,979 $2,497 $6,560
1992 $1,337 $2,979 $2,459 $6,193
1991 $1,302 $3,025 $2,236 $5,925
1990 $1,238 $2,777 $1,731 $6,185
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).

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

Morocco's GDP per capita is $4,218, ranking 127/197, compared to $25,104 in Poland, ranking 48/197. Adjusted for purchasing power (GDP per capita PPP), Morocco ranks 132nd at $10,415, while Poland ranks 43rd at $51,263.

Economic indicators

Morocco Poland
Gross domestic product
$161B
2024
$918B
2024
GDP rank
58/197
2024
21/197
2024
GDP growth
3.79%
2023-2024
3.03%
2023-2024
GDP per capita
$4,218
2024
$25,104
2024
GDP per capita rank
127/197
2024
48/197
2024
GDP per capita, PPP
$10,415
2024
$51,263
2024
GDP per capita PPP rank
132/197
2024
43/197
2024
Government debt
$109B
2024
$507B
2024
Debt-to-GDP ratio
67.7%
2024
55.3%
2024
Government debt per person
$2,857
2024
$13,874
2024
Government debt per person rank
104/185
2024
41/185
2024
Average annual personal income after taxes
$5,678
2026
$20,736
2026
Market capitalization of domestic companies
$74.5B
2024
$197B
2024
Number of billionaires
3
2025
10
2025
Income share by richest 10%
31.9%
2013
22.9%
2023
Income share by poorest 10%
2.7%
2013
3.3%
2023
Government expenditure, % of GDP
33%
2024
49.4%
2024
Consumer prices inflation
0.99%
2023-2024
3.78%
2023-2024
Central bank interest rate
2.25%
2025
4%
2025
Unemployment rate
11.8%
2022
2.81%
2024
Population
38871720
35806942

Spending and national debt comparison by year

Morocco
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Morocco Poland
Government spending Government debt Government spending Government debt
2024 33% 67.7% 49.4% 55.3%
2023 32% 68.7% 46.9% 49.5%
2022 33.7% 71.4% 43.2% 48.8%
2021 31% 69.4% 43.6% 53%
2020 34.1% 72.2% 47.7% 56.6%
2019 27.6% 60.3% 41.4% 45.2%
2018 27.8% 60.5% 41% 48.2%
2017 27.9% 60.3% 41.1% 50.4%
2016 28.6% 60.1% 41.1% 54.1%
2015 28.5% 58.4% 41.5% 51.1%
2014 30.7% 58.6% 42.7% 51.1%
2013 30.4% 57.1% 43.2% 56.9%
2012 32.5% 52.3% 43.2% 54.5%
2011 31.2% 48.6% 44.1% 54.8%
2010 28.7% 45.3% 46% 53.7%
2009 28.1% 42.6% 44.9% 49.7%
2008 28.3% 42% 44% 46.6%
2007 26.4% 47.1% 42.8% 44.4%
2006 26% 50.6% 44.3% 47.1%
2005 28.6% 54.8% 44.1% 46.5%
2004 24.5% 54.4% 43.3% 44.9%
2003 24.1% 56.9% 45.5% 46.4%
2002 25.8% 59.4% 45.1% 41.6%
2001 23.7% 60.4% 44.7% 37.2%
2000 22.8% 64.9% 43.1% 36.4%
1999 18.4% 63.4% 42.5% 39.4%
1998 18.7% 64.5% 44% 38.7%
1997 18.6% 68% 46.1% 42.7%
1996 17.6% 65.3% 50.7% 43.2%
1995 21.3% 72.2% 47.5% 48.7%
1994 21.7% 69.3% - 64.3%
1993 23.1% 74.7% - 83.9%
1992 22.3% 67% - 81.9%
1991 20.8% 59.1% - 76.9%
1990 22.6% 70.5% - 89.7%
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 - - 35.6% -
1978 - - 35.8% -
1977 - - 35.6% -
1976 - - 34.8% -
1975 - - 34.1% -
1974 - - 28.6% -
1973 - - 24.5% -
1972 - - 24.1% -
1971 - - 24.1% -
1970 - - 25.8% -
1969 - - 26.3% -
1968 - - 27.3% -
1967 - - 29.6% -
1966 - - 31.7% -
1965 - - 31.8% -
1964 - - 33.5% -
1963 - - 33.3% -
1962 - - 43% -
1961 - - 42.8% -
1960 - - 39.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20).

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

In 2024, Morocco's government spending was $53.1B, accounting for 33% of its GDP, while Poland spent $453B, or 49.4% of GDP.

Debt-to-GDP ratio is 67.7% in Morocco and 55.3% in Poland, ranking 60/185 and 95/185, respectively.

Government deficit by year

Deficit/surplus
Morocco

Poland
1x
Year Deficit/surplus, % of GDP
Morocco Poland
2024 -3.92% -6.59%
2023 -4.41% -5.27%
2022 -5.37% -3.44%
2021 -5.92% -1.75%
2020 -7.15% -6.85%
2019 -3.8% -0.73%
2018 -3.52% -0.24%
2017 -3.3% -1.49%
2016 -4.49% -2.38%
2015 -4.59% -2.59%
2014 -4.78% -3.66%
2013 -4.7% -4.25%
2012 -6.63% -3.8%
2011 -6.08% -4.97%
2010 -3.93% -7.43%
2009 -1.63% -7.24%
2008 0.63% -3.6%
2007 -0.12% -1.88%
2006 -1.8% -3.53%
2005 -5.46% -3.93%
2004 -3.31% -4.99%
2003 -3.74% -6.02%
2002 -4.37% -4.8%
2001 -3.79% -4.73%
2000 -1.97% -4%
1999 3.21% -2.3%
1998 1.47% -4.25%
1997 1.5% -4.61%
1996 0.87% -4.84%
1995 -2.54% -4.39%
1994 -2.51% -
1993 -2% -
1992 -1.84% -
1991 -0.9% -
1990 -1.32% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Morocco's government deficit, the difference between spending and revenue, was $6.3B, equivalent to 3.92% of GDP. This compares to Poland's deficit of $60.4B, or 6.59% of GDP.

Over the past 30 years, Morocco recorded a fiscal deficit in 25 of those years, while Poland ran a deficit in 30 years. On average, Morocco posted an annual deficit equal to 3.12% of GDP, compared to deficit of 4.02% of GDP for Poland.

Inflation comparison by year

Inflation
Morocco

Poland
1x
Year Consumer prices inflation
Morocco Poland
2024 0.99% 3.78%
2023 6.09% 11.5%
2022 6.66% 14.4%
2021 1.4% 5.06%
2020 0.71% 3.37%
2019 0.3% 2.23%
2018 1.8% 1.81%
2017 0.75% 2.08%
2016 1.64% -0.66%
2015 1.56% -0.87%
2014 0.44% 0.05%
2013 1.88% 0.99%
2012 1.29% 3.56%
2011 0.91% 4.24%
2010 0.99% 2.58%
2009 0.97% 3.8%
2008 3.71% 4.16%
2007 2.04% 2.46%
2006 3.28% 1.28%
2005 0.98% 2.18%
2004 1.49% 3.38%
2003 1.17% 0.68%
2002 2.8% 1.91%
2001 0.62% 5.41%
2000 1.89% 9.9%
1999 0.68% 7.15%
1998 2.75% 11.6%
1997 1.04% 14.9%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Morocco has recorded an average annual inflation rate of 1.82%, compared with 4.39% in Poland. In 2024, inflation was 0.99% in Morocco and 3.78% in Poland.

Top exports between countries

Morocco
Export category Export value
Machinery & equipment $206M
Raw materials & minerals $161M
Textiles & consumer goods $20.7M
Raw agricultural goods $16.5M
Processed food, beverages & tobacco $5.39M
Chemicals & pharma $3.47M
Animal & marine products $3.15M
Metals $1.81M
Wood & paper products $468K
Miscellaneous $23K
Poland
Export category Export value
Machinery & equipment $542M
Metals $96.4M
Chemicals & pharma $74.9M
Textiles & consumer goods $64.4M
Raw materials & minerals $39M
Processed food, beverages & tobacco $34.8M
Wood & paper products $26.6M
Raw agricultural goods $21.7M
Animal & marine products $17.2M
Miscellaneous $9.52M

Balance of trade

Morocco Poland
Current account balance
-$1.87B
2024
$2.8B
2024
Current account balance ranking
141/190
2024
40/190
2024
Current account balance, % of GDP
-1.16%
2024
+0.3%
2024
Goods imports
$66.5B
2024
$367B
2024
Goods exports
$39.3B
2024
$361B
2024
Service imports
$14.3B
2024
$74.9B
2024
Service exports
$28.2B
2024
$118B
2024
Imports of goods and services, % of GDP
50.2%
2024
48.2%
2024
Exports of goods and services, % of GDP
42%
2024
52.2%
2024

Economic freedom indices

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

Morocco Poland
Economic freedom 61.8 68.5
Economic freedom ranking 91/197 46/197
Property rights 55.2 71.8
Government integrity 35.6 60.7
Judicial effectiveness 32.5 62.5
Tax burden 65.5 72.7
Government spending 67.5 35.1
Fiscal health 57.5 74.8
Business freedom 72.1 77.5
Labor freedom 46.2 53.7
Monetary freedom 79.6 73.8
Trade freedom 69.8 79.4
Investment freedom 80 80
Financial freedom 80 80

Economic freedom comparison by year

Morocco
Poland
1x
Year Economic freedom index
Morocco Poland
2026 61.8 68.5
2025 60.3 67.1
2024 56.8 66
2023 58.4 67.7
2022 59.2 68.7
2021 63.3 69.7
2020 63.3 69.1
2019 62.9 67.8
2018 61.9 68.5
2017 61.5 68.3
2016 61.3 69.3
2015 60.1 68.6
2014 58.3 67
2013 59.6 66
2012 60.2 64.2
2011 59.6 64.1
2010 59.2 63.2
2009 57.7 60.3
2008 55.6 60.3
2007 56.4 58.1
2006 51.5 59.3
2005 52.2 59.6
2004 56.7 58.7
2003 57.8 61.8
2002 59 65
2001 63.9 61.8
2000 63.2 60
1999 63.8 59.6
1998 61.1 59.2
1997 64.7 56.8
1996 64.3 57.8
1995 62.8 50.7

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

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

The Economic Freedom Index for Morocco is 61.8, ranking 91/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Morocco Poland
Services, % of GDP
52.7%
2024
59.1%
2024
Industry, % of GDP
25.6%
2024
27.2%
2024
Agriculture, forestry, and fishing, % of GDP
10.6%
2024
2.54%
2024
GNI, Atlas method
$149B
2024
$789B
2024
GNI per capita, PPP
$10,260
2024
$49,540
2024
Total reserves including gold
$37.1B
2024
$223B
2024
Total reserves ranking
52/177
2024
17/177
2024
Net foreign direct investment
-$948M
2024
-$10.6B
2024
Net inflows of foreign direct investment
$1.64B
2024
$20.6B
2024
Net outflows of foreign direct investment
$691M
2024
$10B
2024
Servicing debt to the IMF, % of GNI
5.63%
2024
n/a
Poverty at national poverty lines
3.9%
2022
13.3%
2024
Gross capital formation, % of GDP
30.1%
2024
17.8%
2024

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/poland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.