Morocco's import value index (2015 = 100) was 198.7 in 2024, the latest year in the World Bank's World Development Indicators. That is up 63.54% from 121.5 in 2014 (5.04% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 198.7 | 2024 |
| Five years earlier | 133.2 | 2019 |
| Ten years earlier | 121.5 | 2014 |
| Highest | 198.7 | 2024 |
| Lowest | 54.6 | 2005 |
| Average since 2015 | 142.72 | 2015–2024 |
| First recorded | 54.6 | 2005 |
What the numbers say
In 2024, Morocco's import value index (2015 = 100) rose 18.6 on 2023 (from 180.1 to 198.7).
Across the 18 yearly changes before that (2006 to 2023), the average change was +6.97 and a typical year strayed about 18.15 from that (the standard deviation). This year's change was 0.6 standard deviations above 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 37.3 in 2021 and the biggest yearly fall was 24.9 in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 10.81 a year. A straight line explains 85% of the movement over 10 observed 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 31st highest value of the 204 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.
| Value | Year | |
|---|---|---|
| Morocco | 198.7 | 2024 |
| World | 148.1 | 2024 |
Closest to Morocco in the 2024 ranking
- United Arab Emirates — 28th of 204: 209.3
- Tajikistan — 29th of 204: 204.6
- Benin — 30th of 204: 204.3
- Greece — 32nd of 204: 196.2
- Romania — 33rd of 204: 195.4
- Kazakhstan — 34th of 204: 193.7
What this measures
Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.
All 20 values
| Year | Import value index (2015 = 100) |
|---|---|
| 2024 | 198.7 |
| 2023 | 180.1 |
| 2022 | 188.5 |
| 2021 | 152.3 |
| 2020 | 115 |
| 2019 | 133.2 |
| 2018 | 134 |
| 2017 | 116.8 |
| 2016 | 108.6 |
| 2015 | 100 |
| 2014 |
Import value index (2015 = 100) in nearby economies
- Afghanistan — 61.5 (2024)
- Algeria — 88.2 (2024)
- Bahrain — 127.4 (2024)
- Djibouti — 645.5 (2024)
- Egypt, Arab Rep. — 134.8 (2024)
- Iran, Islamic Rep. — 155.8 (2024)
- Iraq — 186.4 (2024)
- Israel — 147.5 (2024)
- Jordan — 131.5 (2024)
- Kuwait — 119.9 (2024)
- Lebanon — 91.1 (2024)
- Libya
More trade data for Morocco
- Tariff rate, applied, simple mean, manufactured products (%) — 5.48% (2021)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 12.47% (2021)
- Tariff rate, applied, weighted mean, manufactured products (%) — 3.07% (2021)
- Tariff rate, most favored nation, weighted mean, manufactured products (%) — 13.32% (2021)
- Tariff rate, applied, simple mean, all products (%) — 5.73% (2021)
- Tariff rate, most favored nation, simple mean, all products (%) — 14.39% (2021)
- Tariff rate, applied, weighted mean, all products (%) — 4.23% (2021)
- Tariff rate, most favored nation, weighted mean, all products (%) — 13.72% (2021)
Reading data like this
Questions people ask
- What is Morocco's import value index (2015 = 100)?
- 198.7 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 263.92% from 54.6 in 2005 (7.04% a year on average, compounded). The highest value was 198.7 in 2024 and the lowest 54.6 in 2005.
- How does Morocco rank?
- 31st highest of 204 economies with data for 2024.
- Is the latest change in import value index (2015 = 100) unusual for Morocco?
- In 2024, Morocco's import value index (2015 = 100) rose 18.6 on 2023 (from 180.1 to 198.7). Across the 18 yearly changes before that (2006 to 2023), the average change was +6.97 and a typical year strayed about 18.15 from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator TM.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) 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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