Constant GDP per capita for Morocco
NYGDPPCAPKDMAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,478.99
Year-over-Year Change
18.84%
Date Range
1/1/1966 - 1/1/2024
Summary
The 'Constant GDP per capita for Morocco' trend measures the total economic output per person in Morocco, adjusted for inflation. This key metric provides insight into the country's standard of living and economic development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
GDP per capita is a widely used indicator of a country's economic performance and prosperity. It represents the total economic output divided by the total population, offering a standardized measure of national wealth and productivity.
Methodology
The data is calculated by the World Bank using Morocco's gross domestic product and population figures.
Historical Context
Economists and policymakers monitor Morocco's GDP per capita to assess the nation's economic health and make informed decisions.
Key Facts
- Morocco's GDP per capita was $3,206 in 2021.
- GDP per capita has grown by over 250% since 1990.
- Morocco ranks 123rd globally in GDP per capita.
FAQs
Q: What does this economic trend measure?
A: The 'Constant GDP per capita for Morocco' trend measures the total economic output per person in Morocco, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: GDP per capita is a key indicator of a country's economic performance and standard of living, providing insight into Morocco's development and prosperity.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using Morocco's gross domestic product and population figures.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor Morocco's GDP per capita to assess the nation's economic health and make informed decisions.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological changes of the World Bank.
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Infant Mortality Rate for Morocco
SPDYNIMRTINMAR
Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Morocco
DDDI04MAA156NWDB
Population, Total for Morocco
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Bank's Overhead Costs to Total Assets for Morocco
DDEI04MAA156NWDB
Citation
U.S. Federal Reserve, Constant GDP per capita for Morocco (NYGDPPCAPKDMAR), retrieved from FRED.