Morocco vs Togo: Economic Indicators Comparison

Morocco with a GDP of $117.9B ranked the 60th largest economy in the world, while Togo ranked 154th with $5.4B. By GDP 5-years average growth and GDP per capita, Morocco and Togo ranked 87th vs 27th and 130th vs 185th, respectively.

Gross Domestic Product & Income

StatMoroccoTogo
GDP$117.9B$5.4B
GDP growth, 1 year3.1%4.7%
GDP growth, 5-years average3.1%5.3%
Population36M7.8M
GDP per capita$3.2k$679
GDP per capita growth1.65%2.38%
Purchasing Power Parity conversion factor3.51212.6
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.38
GDP per capita, PPP adjusted$8.9k$1.7k
GNI, Atlas method$112.9B$5.2B
GNI per capita$3.1k$660
GNI, PPP adjusted$308.5B$14B
GNI per capita, PPP adjusted$8.4k$1.8k

Financial system and Human development

StatMoroccoTogo
Income Tax Rate38%45%
Corporate Tax Rate30%27%
Inflation, consumer prices1.9%0.7%
Inflation, GDP deflator1.1%1.3%
Unemployment9%1.7%
Economic Freedom Index63.354.1
Personal Freedom Index6.115.73
Human Freedom Index6.245.67
Property Rights Index66.341.6
Judical Effectiveness Index4831.7
Business Freedom Index70.455
Fiscal Health Index67.259.4
Labor Freedom Index3346.9
Investment Freedom Index6565
Financial Freedom Index7030
Trade Freedom Index78.663.2
Monetary Freedom Index7779.5
Government Spending Index72.878.6
Tax Burden Index71.867.5
Government Integrity Index39.231.2
Corruption Perceptions Index4330
Life expectancy at birth, years76.260.5
Suicide mortality rate, per 100,000 people2.99.6
Mortality caused by road traffic injury, per 100,000 people19.629.2
Intentional homicides, per 100,000 people2.19
International tourism, number of arrivals12.3M573k

Government debt & reserves

StatMoroccoTogo
Central government debt, % of GDP65.2%74.6%
External debt stocks, % of GNI42.2%33.3%
External debt stocks$49B$1.8B
Short-term debt, % of total reserves30.4%N/A
Total debt service, % of exports and primary income8.8%5%
Adjusted net savings including particulate emission damage, % of GNI20.9%-7.5%
Gross savings, % of GDP27.7%21.4%
Gross capital formation, % of GDP33.5%25.3%
Total reserves including gold$24.5BN/A
Foreign direct investment net inflows$3.6B$102M

Exports, imports and economic structure

StatMoroccoTogo
Exports of goods and services, % of GDP38.7%31.3%
Imports of goods and services, % of GDP49.3%42.3%
Current account balance (balance of payments)-$6.4B-$96.4M
Revenue excluding grants, % of GDP25.8%20.3%
Grants excluding technical cooperation, BoP$473.5M$167.4M
Personal remittances received$6.9B$495.2M
Industry including construction value added, % of GDP25.9%15.5%
Agriculture, forestry and fishing value added, % of GDP12.3%23.4%
Charges for the use of intellectual property, payments BoP$166.9M$2.3M
Charges for the use of intellectual property, receipts BoP$5.1M$12k
Expense, % of GDP24.7%17.9%
Government Expenditure, % of GDP30.1%26.7%

Compare with countries close by GDP per capita

Morocco vs

CountryGDP
per capita
Population
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k

Togo vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M