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Economy of Morocco vs Suriname compared: GDP & Debt

Updated on by Georank team

Morocco has a GDP of $161B compared to $4.42B for Suriname, ranking 58/197 and 164/197 by economy size, respectively.

Morocco has $109B in government debt (67.7% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Morocco vs Suriname GDP by year

Morocco
Suriname
1x
Year GDP, current $
Morocco Suriname
2024 $160,610,994,055 $4,416,775,112
2023 $146,036,093,667 $3,472,693,412
2022 $131,245,312,804 $3,791,603,200
2021 $142,022,058,447 $3,107,923,198
2020 $121,353,645,057 $2,911,807,496
2019 $128,920,266,409 $4,016,040,575
2018 $127,341,147,582 $3,996,198,867
2017 $118,540,573,368 $3,591,679,431
2016 $111,572,947,005 $3,317,421,648
2015 $110,413,823,842 $5,126,237,646
2014 $119,130,841,412 $5,240,606,061
2013 $115,739,287,305 $5,145,757,576
2012 $106,937,392,311 $4,980,000,000
2011 $110,080,631,332 $4,422,276,622
2010 $100,865,329,473 $4,368,370,998
2009 $101,154,952,241 $3,875,409,836
2008 $101,822,906,949 $3,532,969,035
2007 $86,947,913,287 $2,936,612,022
2006 $75,883,823,301 $2,626,380,435
2005 $68,852,658,069 $1,793,410,397
2004 $66,114,145,451 $1,484,092,538
2003 $58,029,363,354 $1,274,190,311
2002 $47,077,192,188 $1,093,574,468
2001 $43,831,480,208 $834,279,358
2000 $43,017,455,402 $947,671,970
1999 $46,266,428,648 $886,290,698
1998 $46,497,608,725 $1,110,850,000
1997 $39,147,844,526 $926,422,500
1996 $43,161,571,528 $861,372,806
1995 $39,030,285,468 $691,590,498
1994 $35,604,137,423 $605,492,537
1993 $31,655,473,664 $428,764,706
1992 $33,711,069,431 $404,600,000
1991 $32,285,573,574 $448,100,000
1990 $30,179,954,775 $388,400,000
1989 $26,314,313,191 $542,600,000
1988 $25,705,296,184 $1,161,000,000
1987 $21,765,195,948 $980,000,000
1986 $19,462,085,540 $891,000,000
1985 $14,991,283,216 $873,000,000
1984 $14,824,667,954 $864,000,000
1983 $16,251,408,128 $883,500,000
1982 $17,692,276,734 $915,000,000
1981 $17,788,185,479 $889,000,000
1980 $21,728,516,153 $795,000,000
1979 $15,911,994,817 $782,500,000
1978 $13,236,946,234 $735,500,000
1977 $11,049,783,872 $641,500,000
1976 $9,584,297,284 $505,500,000
1975 $8,984,853,005 $465,500,000
1974 $7,675,466,449 $409,850,000
1973 $6,242,145,880 $339,450,000
1972 $5,074,117,545 $311,950,000
1971 $4,356,669,034 $301,000,000
1970 $3,956,336,244 $274,900,000
1969 $3,651,622,669 $259,650,000
1968 $3,271,422,333 $241,350,000
1967 $3,046,345,314 $220,700,000
1966 $2,876,401,297 $190,350,000
1965 $2,948,331,090 $154,150,000
1964 $2,798,345,299 $134,400,000
1963 $2,657,252,578 $125,950,000
1962 $2,379,611,125 $116,150,000
1961 $2,025,693,540 $107,700,000
1960 $2,037,154,742 $99,650,000

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Morocco vs Suriname by year

Morocco
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Morocco Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,218 $10,415 $6,962 $21,801
2023 $3,872 $9,895 $5,522 $21,110
2022 $3,516 $9,310 $6,084 $20,079
2021 $3,843 $8,623 $5,030 $18,458
2020 $3,317 $7,705 $4,755 $16,947
2019 $3,560 $8,046 $6,630 $19,772
2018 $3,553 $7,801 $6,666 $17,855
2017 $3,344 $8,115 $6,050 $17,568
2016 $3,186 $7,853 $5,644 $14,475
2015 $3,190 $7,799 $8,814 $16,544
2014 $3,483 $7,237 $9,108 $16,598
2013 $3,425 $7,542 $9,043 $16,173
2012 $3,206 $7,308 $8,851 $15,185
2011 $3,345 $7,274 $7,950 $13,926
2010 $3,107 $6,849 $7,944 $13,039
2009 $3,158 $6,629 $7,130 $12,393
2008 $3,222 $6,437 $6,576 $12,097
2007 $2,788 $6,058 $5,530 $11,530
2006 $2,466 $5,781 $5,003 $10,803
2005 $2,268 $5,275 $3,453 $10,014
2004 $2,207 $5,025 $2,888 $9,389
2003 $1,962 $4,741 $2,516 $8,552
2002 $1,612 $4,436 $2,202 $8,046
2001 $1,521 $4,269 $1,715 $7,865
2000 $1,513 $3,930 $1,988 $7,535
1999 $1,651 $3,801 $1,898 $7,367
1998 $1,683 $3,740 $2,429 $7,521
1997 $1,439 $3,502 $2,068 $7,422
1996 $1,610 $3,551 $1,963 $7,048
1995 $1,478 $3,152 $1,610 $7,000
1994 $1,369 $3,315 $1,434 $6,973
1993 $1,236 $2,979 $1,022 $6,650
1992 $1,337 $2,979 $969 $6,992
1991 $1,302 $3,025 $1,080 $6,852
1990 $1,238 $2,777 $942 $6,493
1989 $1,099 - $1,329 -
1988 $1,094 - $2,886 -
1987 $944 - $2,469 -
1986 $861 - $2,271 -
1985 $678 - $2,256 -
1984 $687 - $2,261 -
1983 $772 - $2,333 -
1982 $862 - $2,430 -
1981 $890 - $2,368 -
1980 $1,117 - $2,118 -
1979 $839 - $2,072 -
1978 $716 - $1,928 -
1977 $613 - $1,666 -
1976 $545 - $1,302 -
1975 $524 - $1,190 -
1974 $459 - $1,041 -
1973 $382 - $858 -
1972 $319 - $785 -
1971 $280.6 - $768 -
1970 $261.5 - $724 -
1969 $247.8 - $708 -
1968 $228 - $681 -
1967 $218.1 - $644 -
1966 $211.5 - $575 -
1965 $222.7 - $482 -
1964 $216.9 - $435 -
1963 $211.3 - $424 -
1962 $194.2 - $409 -
1961 $169.8 - $395 -
1960 $175.2 - $378 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Morocco's GDP per capita is $4,218, ranking 127/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Morocco ranks 132nd at $10,415, while Suriname ranks 89th at $21,801.

Economic indicators

Morocco Suriname
Gross domestic product
$161B
2024
$4.42B
2024
GDP rank
58/197
2024
164/197
2024
GDP growth
3.79%
2023-2024
1.72%
2023-2024
GDP per capita
$4,218
2024
$6,962
2024
GDP per capita rank
127/197
2024
102/197
2024
GDP per capita, PPP
$10,415
2024
$21,801
2024
GDP per capita PPP rank
132/197
2024
89/197
2024
Government debt
$109B
2024
$3.86B
2024
Debt-to-GDP ratio
67.7%
2024
87.3%
2024
Government debt per person
$2,857
2024
$6,077
2024
Government debt per person rank
104/185
2024
74/185
2024
Average annual personal income after taxes
$5,678
2026
$3,263
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
30.1%
2022
Income share by poorest 10%
2.7%
2013
2.2%
2022
Government expenditure, % of GDP
33%
2024
29.2%
2024
Consumer prices inflation
0.99%
2023-2024
16.2%
2023-2024
Central bank interest rate
2.25%
2025
10%
2013
Unemployment rate
11.8%
2022
7.92%
2016
Population
38871720
646767

Spending and national debt comparison by year

Morocco
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Morocco Suriname
Government spending Government debt Government spending Government debt
2024 33% 67.7% 29.2% 87.3%
2023 32% 68.7% 29% 98.2%
2022 33.7% 71.4% 29.5% 116.9%
2021 31% 69.4% 32% 115.8%
2020 34.1% 72.2% 30.2% 146.4%
2019 27.6% 60.3% 40.5% 84%
2018 27.8% 60.5% 29.5% 68.6%
2017 27.9% 60.3% 28.7% 73%
2016 28.6% 60.1% 27.9% 75.4%
2015 28.5% 58.4% 29.9% 41.2%
2014 30.7% 58.6% 25.2% 25.2%
2013 30.4% 57.1% 26.2% 27.9%
2012 32.5% 52.3% 25.1% 20.1%
2011 31.2% 48.6% 21% 18.7%
2010 28.7% 45.3% 21% 17.3%
2009 28.1% 42.6% 24% 14.6%
2008 28.3% 42% 20.5% 14.8%
2007 26.4% 47.1% 22.6% 16.4%
2006 26% 50.6% 22.2% 22.5%
2005 28.6% 54.8% 22.2% 27.1%
2004 24.5% 54.4% 20.8% 29.4%
2003 24.1% 56.9% 19.2% 31.5%
2002 25.8% 59.4% 22.2% 37.4%
2001 23.7% 60.4% 21.8% 37.2%
2000 22.8% 64.9% 24.4% 48.4%
1999 18.4% 63.4% 19.6% 32.3%
1998 18.7% 64.5% 30.3% 21.6%
1997 18.6% 68% 21.1% 16.8%
1996 17.6% 65.3% 21.4% 11.8%
1995 21.3% 72.2% 20.2% 16.3%
1994 21.7% 69.3% 19.8% 30.5%
1993 23.1% 74.7% 21.2% 51.1%
1992 22.3% 67% 24.4% 64.4%
1991 20.8% 59.1% 26.6% 75.7%
1990 22.6% 70.5% 22.7% 72.9%

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

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

In 2024, Morocco's government spending was $53.1B, accounting for 33% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 67.7% in Morocco and 87.3% in Suriname, ranking 60/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Morocco

Suriname
1x
Year Deficit/surplus, % of GDP
Morocco Suriname
2024 -3.92% -2.42%
2023 -4.41% -1.68%
2022 -5.37% -2.69%
2021 -5.92% -5.66%
2020 -7.15% -12%
2019 -3.8% -20.2%
2018 -3.52% -8.56%
2017 -3.3% -8.62%
2016 -4.49% -10.2%
2015 -4.59% -8.29%
2014 -4.78% -2.65%
2013 -4.7% -2.64%
2012 -6.63% -0.38%
2011 -6.08% 2.32%
2010 -3.93% -0.15%
2009 -1.63% 2.03%
2008 0.63% 2.39%
2007 -0.12% 5.01%
2006 -1.8% 0.59%
2005 -5.46% -3.39%
2004 -3.31% -1.2%
2003 -3.74% -0.11%
2002 -4.37% -3.3%
2001 -3.79% 3.49%
2000 -1.97% -7.76%
1999 3.21% -4.92%
1998 1.47% -6.39%
1997 1.5% -0.32%
1996 0.87% 3.42%
1995 -2.54% 1.17%
1994 -2.51% -1.89%
1993 -2% -4.68%
1992 -1.84% -6.45%
1991 -0.9% -9.8%
1990 -1.32% -3.04%

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

GeoRank.org/economy/morocco/suriname | 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 Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 35 years, Morocco recorded a fiscal deficit in 30 of those years, while Suriname ran a deficit in 27 years. On average, Morocco posted an annual deficit equal to 2.92% of GDP, compared to deficit of 3.4% of GDP for Suriname.

Inflation comparison by year

Inflation
Morocco

Suriname
1x
Year Consumer prices inflation
Morocco Suriname
2024 0.99% 16.2%
2023 6.09% 51.6%
2022 6.66% 52.4%
2021 1.4% 59.1%
2020 0.71% 34.9%
2019 0.3% -
2018 1.8% -
2017 0.75% 22%
2016 1.64% 55.4%
2015 1.56% 6.89%
2014 0.44% 3.38%
2013 1.88% 1.92%
2012 1.29% 5.01%
2011 0.91% 17.7%
2010 0.99% 6.94%
2009 0.97% -0.13%
2008 3.71% 14.7%
2007 2.04% 6.43%
2006 3.28% 11.3%
2005 0.98% 9.9%
2004 1.49% 9.99%
2003 1.17% 23%
2002 2.8% 15.5%
2001 0.62% 38.6%
2000 1.89% 59.4%
1999 0.68% 98.8%
1998 2.75% 19%
1997 1.04% 7.15%

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

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

Over the past 28 years, Morocco has recorded an average annual inflation rate of 1.82%, compared with 24.9% in Suriname. In 2024, inflation was 0.99% in Morocco and 16.2% in Suriname.

Top exports between countries

Morocco
Export category Export value
Processed food, beverages & tobacco $519K
Raw materials & minerals $247K
Textiles & consumer goods $36K
Machinery & equipment $13K
Suriname
Export category Export value
Processed food, beverages & tobacco $28K
Wood & paper products $24K

Balance of trade

Morocco Suriname
Current account balance
-$1.87B
2024
$9.31M
2024
Current account balance ranking
141/190
2024
76/190
2024
Current account balance, % of GDP
-1.16%
2024
+0.21%
2024
Goods imports
$66.5B
2024
$1.65B
2024
Goods exports
$39.3B
2024
$2.58B
2024
Service imports
$14.3B
2024
$921M
2024
Service exports
$28.2B
2024
$211M
2024
Imports of goods and services, % of GDP
50.2%
2024
38.4%
2010
Exports of goods and services, % of GDP
42%
2024
52.5%
2010

Economic freedom indices

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

Morocco Suriname
Economic freedom 61.8 53
Economic freedom ranking 91/197 143/197
Property rights 55.2 40.5
Government integrity 35.6 41
Judicial effectiveness 32.5 46.5
Tax burden 65.5 69.1
Government spending 67.5 74.3
Fiscal health 57.5 76.6
Business freedom 72.1 56.9
Labor freedom 46.2 69
Monetary freedom 79.6 56.4
Trade freedom 69.8 65.2
Investment freedom 80 20
Financial freedom 80 20

Economic freedom comparison by year

Morocco
Suriname
1x
Year Economic freedom index
Morocco Suriname
2026 61.8 53
2025 60.3 50.9
2024 56.8 46.7
2023 58.4 46.1
2022 59.2 48.1
2021 63.3 46.4
2020 63.3 49.5
2019 62.9 48.1
2018 61.9 48.1
2017 61.5 48
2016 61.3 53.8
2015 60.1 54.2
2014 58.3 54.2
2013 59.6 52
2012 60.2 52.6
2011 59.6 53.1
2010 59.2 52.5
2009 57.7 54.1
2008 55.6 54.3
2007 56.4 54.8
2006 51.5 55.1
2005 52.2 51.9
2004 56.7 47.9
2003 57.8 46.9
2002 59 48
2001 63.9 44.3
2000 63.2 45.8
1999 63.8 40.1
1998 61.1 39.9
1997 64.7 35.9
1996 64.3 36.7
1995 62.8 -

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

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

The Economic Freedom Index for Morocco is 61.8, ranking 91/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Morocco Suriname
Services, % of GDP
52.7%
2024
50.8%
2024
Industry, % of GDP
25.6%
2024
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
10.6%
2024
6.77%
2024
GNI, Atlas method
$149B
2024
$3.61B
2024
GNI per capita, PPP
$10,260
2024
$20,000
2024
Total reserves including gold
$37.1B
2024
$1.63B
2024
Total reserves ranking
52/177
2024
132/177
2024
Net foreign direct investment
-$948M
2024
$26.5M
2024
Net inflows of foreign direct investment
$1.64B
2024
-$37.6M
2024
Net outflows of foreign direct investment
$691M
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI
5.63%
2024
20.5%
2023
Poverty at national poverty lines
3.9%
2022
70%
2020
Gross capital formation, % of GDP
30.1%
2024
36.2%
2010

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/suriname | 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. TradeMap (2020–2023, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.