Morocco vs Tonga: Economic Indicators Comparison

Morocco with a GDP of $117.9B ranked the 60th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Morocco and Tonga ranked 87th vs 89th and 130th vs 113th, respectively.

Gross Domestic Product & Income

StatMoroccoTonga
GDP$117.9B$450.4M
GDP growth, 1 year3.1%1.8%
GDP growth, 5-years average3.1%3%
Population36M108k
GDP per capita$3.2k$4.4k
GDP per capita growth1.65%-0.87%
Purchasing Power Parity conversion factor3.511.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.68
GDP per capita, PPP adjusted$8.9k$6.1k
GNI, Atlas method$112.9B$443.3M
GNI per capita$3.1k$4.3k
GNI, PPP adjusted$308.5B$672.5M
GNI per capita, PPP adjusted$8.4k$6.5k

Financial system and Human development

StatMoroccoTonga
Income Tax Rate38%20%
Corporate Tax Rate30%25%
Inflation, consumer prices1.9%3.9%
Inflation, GDP deflator1.1%3.6%
Unemployment9%1%
Economic Freedom Index63.358.8
Personal Freedom Index6.115.6
Human Freedom Index6.245.6
Property Rights Index66.360.9
Judical Effectiveness Index4826.5
Business Freedom Index70.475
Fiscal Health Index67.295.2
Labor Freedom Index3369.8
Investment Freedom Index6540
Financial Freedom Index7020
Trade Freedom Index78.674
Monetary Freedom Index7771.4
Government Spending Index72.842.8
Tax Burden Index71.885.2
Government Integrity Index39.244.2
Corruption Perceptions Index4350
Life expectancy at birth, years76.270.7
Suicide mortality rate, per 100,000 people2.93.5
Mortality caused by road traffic injury, per 100,000 people19.616.8
Intentional homicides, per 100,000 people2.11
International tourism, number of arrivals12.3M54k

Government debt & reserves

StatMoroccoTonga
Central government debt, % of GDP65.2%49.2%
External debt stocks, % of GNI42.2%41.3%
External debt stocks$49B$188.7M
Short-term debt, % of total reserves30.4%0%
Total debt service, % of exports and primary income8.8%7.2%
Adjusted net savings including particulate emission damage, % of GNI20.9%9.3%
Gross savings, % of GDP27.7%16.5%
Gross capital formation, % of GDP33.5%33.4%
Total reserves including gold$24.5B$227.2M
Foreign direct investment net inflows$3.6B$15M

Exports, imports and economic structure

StatMoroccoTonga
Exports of goods and services, % of GDP38.7%22.3%
Imports of goods and services, % of GDP49.3%75.9%
Current account balance (balance of payments)-$6.4B-$28.6M
Revenue excluding grants, % of GDP25.8%25.6%
Grants excluding technical cooperation, BoP$473.5M$64.2M
Personal remittances received$6.9B$183.3M
Industry including construction value added, % of GDP25.9%17.3%
Agriculture, forestry and fishing value added, % of GDP12.3%17.2%
Charges for the use of intellectual property, payments BoP$166.9M$183
Charges for the use of intellectual property, receipts BoP$5.1M$2.3k
Expense, % of GDP24.7%31.4%
Government Expenditure, % of GDP30.1%43.7%

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

Tonga vs

CountryGDP
per capita
Population
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Jordan
$4.2k
10.4M
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