Gross Savings (As % of GDP) rose to 30.9% in Morocco in 2019

Gross Savings (As % of GDP) (%)
Economy | Morocco | January 1, 2020
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Gross savings as a share of GDP reached 30.9 % in 2019 in Morocco, according to the National Statistical Office. This is 2.53 % more than in the previous year.

Historically, gross savings as a share of GDP in Morocco reached an all time high of 30.9 % in 2019 and an all time low of 0.148 % in 1976. When compared to Morocco's main peers, gross savings as a share of GDP in Algeria amounted to 38.1 %, 26.1 % in Mauritania, 23.1 % in Spain and 14.6 % in Tunisia in 2019.

Morocco has been ranked 30th within the group of 163 countries we follow in terms of gross savings as a share of GDP, 13 places above the position seen 10 years ago.

Gross savings are calculated as gross national income less total consumption, plus net transfers.

Gross Savings (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Algeria % 0.378% 41.6% 38.1% 34.7% 32.6%
France % 0.229% 22.7% 22.9% 23.1% 23.3%
Italy % 0.203% 20.1% 19.9% 19.7% 19.5%
Libya % ... ... ... ... ... ... ... ... ...
Mali % 0.137% 12.1% 11.1% 11.7% 11.9%
Malta % 0.327% 31.6% 31.2% 30.8% 30.5%
Mauritania % 0.261% 25.2% 26.1% 27.2% 27.4%
Morocco % 0.289% 30.2% 30.9% 31.6% 32.4%
Portugal % 0.167% 17.4% 18.1% 18.6% 19.0%
Senegal % 0.215% 18.2% 18.4% 18.4% 19.1%
Spain % 0.230% 22.9% 23.1% 23.3% 23.4%
Tunisia % 0.089% 13.4% 14.6% 15.7% 17.0%