Workers' remittances received as a share of GDP fell 4.58% to 0.081% in Morocco in 2023, according to the National Statistical Office.
Historically, workers' remittances received as a share of GDP in Morocco reached an all time high of 0.085% in 2022 and an all time low of 0.042% in 1999. When compared to Morocco's main peers, workers' remittances received as a share of GDP in Algeria amounted to 0.008%, 0.016% in Mauritania, 0.003% in Spain and 0.060% in Tunisia in 2023.
Morocco has been ranked 33rd within the group of 158 countries we follow in terms of workers' remittances received as a share of GDP, 4 places above the position seen 10 years ago.
Workers' Remittances, Received (As % of GDP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Algeria | % | 0.010% | 0.009% | 0.010% | 0.010% | 0.008% | ... | |||||||||||||||
France | % | 0.010% | 0.011% | 0.011% | 0.011% | 0.012% | ||||||||||||||||
Italy | % | 0.005% | 0.005% | 0.005% | 0.005% | 0.005% | ||||||||||||||||
Libya | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||
Mali | % | 0.050% | 0.047% | 0.048% | 0.049% | 0.049% | ... | |||||||||||||||
Malta | % | 0.001% | < 0.001% | < 0.001% | < 0.001% | < 0.001% | ||||||||||||||||
Mauritania | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.008% | 0.008% | 0.020% | 0.001% | 0.011% | ... | ||
Morocco | % | 0.054% | 0.054% | 0.061% | 0.077% | 0.085% | ... | |||||||||||||||
Portugal | % | 0.003% | 0.003% | 0.004% | 0.005% | 0.006% | ||||||||||||||||
Senegal | % | 0.105% | 0.108% | 0.106% | 0.113% | 0.105% | ... | |||||||||||||||
Spain | % | 0.002% | 0.002% | 0.002% | 0.003% | 0.003% | ||||||||||||||||
Tunisia | % | 0.040% | 0.043% | 0.054% | 0.063% | 0.062% | ... |