Morocco: Inflation, GDP deflator (annual %)
In , Morocco's Inflation, GDP deflator (annual %) was 3.97.
That's down 43.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Morocco ranks #91 globally out of 193 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #9 of 19.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 7.05
- Trough
- -0.60
- 1-year change
- -43.8%
- 5-year change
- +385.5%
- +37.2% / yr
- 10-year change
- +1,740.6%
- +33.8% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 3.9653 | |
| 7.0517 | |
| 2.6034 | |
| 2.4152 | |
| 0.1424 | |
| 0.8168 | |
| 0.9392 | |
| -0.0609 | |
| 0.9699 | |
| 3.1729 |
About Inflation, GDP deflator (annual %)
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Morocco's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Morocco's Inflation, GDP deflator (annual %) was 3.97, according to World Bank Open Data.
- Is Morocco's Inflation, GDP deflator (annual %) rising or falling?
- Morocco's Inflation, GDP deflator (annual %) fell 43.8% from 2023 to 2024.
- How does Morocco rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Morocco ranked #91 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Morocco's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Morocco is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #9 of 19.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.