Morocco vs Taiwan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Morocco ranked 60th with $117.9B. By GDP 5-years average growth and GDP per capita, Taiwan and Morocco ranked 115th vs 87th and 38th vs 130th, respectively.

Gross Domestic Product & Income

Stat	Morocco	Taiwan
GDP	$117.9B	$585.8B
GDP growth, 1 year	3.1%	2.6%
GDP growth, 5-years average	3.1%	2.4%
Population	36M	23.6M
GDP per capita	$3.2k	$25k
GDP per capita growth	1.65%	N/A
Purchasing Power Parity conversion factor	3.51	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.37	N/A
GDP per capita, PPP adjusted	$8.9k	$53k
GNI, Atlas method	$112.9B	N/A
GNI per capita	$3.1k	N/A
GNI, PPP adjusted	$308.5B	N/A
GNI per capita, PPP adjusted	$8.4k	N/A

Financial system and Human development

Stat	Morocco	Taiwan
Income Tax Rate	38%	45%
Corporate Tax Rate	30%	20%
Inflation, consumer prices	1.9%	1.5%
Inflation, GDP deflator	1.1%	N/A
Unemployment	9%	3.7%
Economic Freedom Index	63.3	77.1
Personal Freedom Index	6.11	8.09
Human Freedom Index	6.24	7.79
Property Rights Index	66.3	86.9
Judical Effectiveness Index	48	70.1
Business Freedom Index	70.4	93.9
Fiscal Health Index	67.2	91
Labor Freedom Index	33	60.3
Investment Freedom Index	65	60
Financial Freedom Index	70	60
Trade Freedom Index	78.6	86
Monetary Freedom Index	77	82.7
Government Spending Index	72.8	90.5
Tax Burden Index	71.8	75
Government Integrity Index	39.2	68.9
Corruption Perceptions Index	43	63
Life expectancy at birth, years	76.2	80.2
Suicide mortality rate, per 100,000 people	2.9	12.5
Mortality caused by road traffic injury, per 100,000 people	19.6	6.3
Intentional homicides, per 100,000 people	2.1	0.8
International tourism, number of arrivals	12.3M	N/A

Government debt & reserves

Stat	Morocco	Taiwan
Central government debt, % of GDP	65.2%	35%
External debt stocks, % of GNI	42.2%	N/A
External debt stocks	$49B	N/A
Short-term debt, % of total reserves	30.4%	N/A
Total debt service, % of exports and primary income	8.8%	N/A
Adjusted net savings including particulate emission damage, % of GNI	20.9%	N/A
Gross savings, % of GDP	27.7%	N/A
Gross capital formation, % of GDP	33.5%	N/A
Total reserves including gold	$24.5B	N/A
Foreign direct investment net inflows	$3.6B	N/A

Exports, imports and economic structure

Stat	Morocco	Taiwan
Exports of goods and services, % of GDP	38.7%	N/A
Imports of goods and services, % of GDP	49.3%	N/A
Current account balance (balance of payments)	-$6.4B	N/A
Revenue excluding grants, % of GDP	25.8%	N/A
Grants excluding technical cooperation, BoP	$473.5M	N/A
Personal remittances received	$6.9B	N/A
Industry including construction value added, % of GDP	25.9%	N/A
Agriculture, forestry and fishing value added, % of GDP	12.3%	N/A
Charges for the use of intellectual property, payments BoP	$166.9M	N/A
Charges for the use of intellectual property, receipts BoP	$5.1M	N/A
Expense, % of GDP	24.7%	N/A
Government Expenditure, % of GDP	30.1%	17.8%