Remittance inflows to GDP in Morocco
Morocco: Remittance inflows to GDP was 6.5% in 2020. ▲ Rising
Remittance inflows to GDP in Morocco, 1975–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Morocco is 6.5%, measured in 2020.
That represents a change of up 11.3% on the previous year and down 6.2% over ten years.
Over the whole period, remittance inflows to gdp in Morocco peaked at 8.5% in 2007 and was at its lowest, 4.7%, in 1999.
That places Morocco 55th out of 195 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.7% | 5.3% | 6.0% | 5 |
| 1980s | 5.8% | 4.8% | 7.3% | 10 |
| 1990s | 5.5% | 4.7% | 6.6% | 10 |
| 2000s | 7.3% | 5.6% | 8.5% | 10 |
| 2010s | 6.5% | 5.8% | 7.2% | 10 |
| 2020s | 6.5% | 6.5% | 6.5% | 1 |
Countries ranked near Morocco
- 52 Saint Vincent and the Grenadines 7.0% compare
- 53 Grenada 6.8% compare
- 54 New Caledonia 6.6% compare
- 56 Ghana 6.1% compare
- 57 Bangladesh 5.8% compare
- 58 Micronesia (country) 5.7% compare
More financial sector data for Morocco
- Domestic credit to private sector by banks 53.5% (2025)
- Total reserves in months of imports 5.93 (2025)
- Net domestic credit 1.90 trillion current LCU (2025)
- Net foreign assets 463.02 billion current LCU (2025)
- Monetary Sector credit to private sector 53.6% (2025)
- Broad money 121.3% (2025)
- Claims on central government, etc. 20.9% (2025)
- Domestic credit to private sector 77.8% (2024)
- Official exchange rate 9.35 LCU per US$, period average (2025)
- Net migration -56,254 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Morocco?
- Remittance inflows to gdp in Morocco was 6.5% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Morocco?
- The highest recorded value was 8.5% in 2007.
- What is the lowest remittance inflows to gdp recorded in Morocco?
- The lowest recorded value was 4.7% in 1999.
- How does Morocco rank for remittance inflows to gdp?
- Morocco ranks 55th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Morocco?
- Over the last ten years it is down 6.2%. The long-run trend across the full record is rising.
- Where does this Morocco data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.