Morocco's chemicals (% of value added in manufacturing) was 18.7% in 2024, the latest year in the World Bank's World Development Indicators. That is up 2.44 percentage points from 16.25% in 2019.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 18.7% | 2024 |
| Five years earlier | 16.25% | 2019 |
| Highest | 22.64% | 2021 |
| Lowest | 8.84% | 1976 |
| Average since 2015 | 19.36% | 2015–2024 |
| First recorded | 8.84% | 1976 |
Over five years it is up 2.44 percentage points from 16.25% in 2019. Since 1976 it is up 9.86 percentage points from 8.84% in 1976. The World Bank has no value for 6 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2024, Morocco's chemicals (% of value added in manufacturing) fell 0.44 percentage points on 2023 (from 19.13% to 18.7%).
Across the 30 yearly changes before that (1985 to 2023), the average change was +0.05 percentage points and a typical year strayed about 2.69 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 6.66 percentage points in 2010 and the biggest yearly fall was 6.54 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Morocco had the 2nd highest value of the 13 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Morocco in the 2024 ranking
- United States — 1st of 13: 19.23%
- Zambia — 3rd of 13: 18.61%
- Argentina — 4th of 13: 13.83%
- Uruguay — 5th of 13: 12.87%
What this measures
Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).
Limitations: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."
All 43 values
| Year | Chemicals (% of value added in manufacturing) |
|---|---|
| 2024 | 18.7 |
| 2023 | 19.13 |
| 2022 | 22.59 |
| 2021 | 22.64 |
| 2020 | no data |
| 2019 | 16.25 |
| 2018 | no data |
| 2017 | no data |
| 2016 | 19.69 |
| 2015 | 16.51 |
| 2014 |
Chemicals (% of value added in manufacturing) in nearby economies
- Algeria — 1.79% (2017)
- Bahrain — 16.1% (2018)
- Egypt, Arab Rep. — 12.58% (2022)
- Iran, Islamic Rep. — 25.17% (2022)
- Iraq — 0.67% (2022)
- Jordan — 14.81% (2022)
- Kuwait — 22.78% (2021)
- Lebanon — 14.56% (2020)
- Malta — 6.47% (2023)
- Oman — 39.54% (2023)
More economic policy & debt data for Morocco
- Total reserves, including gold (current US$) — US$48.45 billion (2025)
- Total reserves, excluding gold (current US$) — US$45.35 billion (2025)
- General government final consumption expenditure (current US$) — US$32.87 billion (2025)
- General government final consumption expenditure (current LCU) — 307.35 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$29.89 billion (2025)
- General government final consumption expenditure (constant LCU) — 290.8 billion (2025)
- General government final consumption expenditure (% of GDP) — 18.02% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$108.09 billion (2025)
Reading data like this
Questions people ask
- What is Morocco's chemicals (% of value added in manufacturing)?
- 18.7% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1976?
- It is up 9.86 percentage points from 8.84% in 1976. The highest value was 22.64% in 2021 and the lowest 8.84% in 1976.
- How does Morocco rank?
- 2nd highest of 13 economies with data for 2024.
- Is the latest change in chemicals (% of value added in manufacturing) unusual for Morocco?
- In 2024, Morocco's chemicals (% of value added in manufacturing) fell 0.44 percentage points on 2023 (from 19.13% to 18.7%). Across the 30 yearly changes before that (1985 to 2023), the average change was +0.05 percentage points and a typical year strayed about 2.69 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NV.MNF.CHEM.ZS.UN, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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