Morocco vs Uruguay: Economic Indicators Comparison

Morocco with a GDP of $117.9B ranked the 60th largest economy in the world, while Uruguay ranked 79th with $59.6B. By GDP 5-years average growth and GDP per capita, Morocco and Uruguay ranked 87th vs 129th and 130th vs 52nd, respectively.

Gross Domestic Product & Income

StatMoroccoUruguay
GDP$117.9B$59.6B
GDP growth, 1 year3.1%2.1%
GDP growth, 5-years average3.1%2%
Population36M3.5M
GDP per capita$3.2k$17k
GDP per capita growth1.65%1.25%
Purchasing Power Parity conversion factor3.5122.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.73
GDP per capita, PPP adjusted$8.9k$23k
GNI, Atlas method$112.9B$54B
GNI per capita$3.1k$16k
GNI, PPP adjusted$308.5B$75.7B
GNI per capita, PPP adjusted$8.4k$22k

Financial system and Human development

StatMoroccoUruguay
Income Tax Rate38%30%
Corporate Tax Rate30%25%
Inflation, consumer prices1.9%7.6%
Inflation, GDP deflator1.1%5.6%
Unemployment9%8%
Economic Freedom Index63.369.1
Personal Freedom Index6.118.78
Human Freedom Index6.247.93
Property Rights Index66.372
Judical Effectiveness Index4859.8
Business Freedom Index70.473.6
Fiscal Health Index67.272.3
Labor Freedom Index3371
Investment Freedom Index6585
Financial Freedom Index7030
Trade Freedom Index78.677.4
Monetary Freedom Index7772.7
Government Spending Index72.866.5
Tax Burden Index71.875.2
Government Integrity Index39.273.5
Corruption Perceptions Index4370
Life expectancy at birth, years76.277.6
Suicide mortality rate, per 100,000 people2.918.4
Mortality caused by road traffic injury, per 100,000 people19.613.4
Intentional homicides, per 100,000 people2.18.2
International tourism, number of arrivals12.3M3.5M

Government debt & reserves

StatMoroccoUruguay
Central government debt, % of GDP65.2%70%
External debt stocks, % of GNI42.2%N/A
External debt stocks$49BN/A
Short-term debt, % of total reserves30.4%N/A
Total debt service, % of exports and primary income8.8%N/A
Adjusted net savings including particulate emission damage, % of GNI20.9%10.2%
Gross savings, % of GDP27.7%12%
Gross capital formation, % of GDP33.5%16.5%
Total reserves including gold$24.5B$15.6B
Foreign direct investment net inflows$3.6B$1.2B

Exports, imports and economic structure

StatMoroccoUruguay
Exports of goods and services, % of GDP38.7%21%
Imports of goods and services, % of GDP49.3%19%
Current account balance (balance of payments)-$6.4B$75.7M
Revenue excluding grants, % of GDP25.8%34.4%
Grants excluding technical cooperation, BoP$473.5M$9.1M
Personal remittances received$6.9B$104.3M
Industry including construction value added, % of GDP25.9%24.5%
Agriculture, forestry and fishing value added, % of GDP12.3%5.6%
Charges for the use of intellectual property, payments BoP$166.9M$124.2M
Charges for the use of intellectual property, receipts BoP$5.1M$44.7M
Expense, % of GDP24.7%35%
Government Expenditure, % of GDP30.1%33.4%

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

Uruguay vs

CountryGDP
per capita
Population
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M