Morocco's market capitalization of listed domestic companies (current US$) was US$114.01 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 148.23% from US$45.93 billion in 2015 (9.52% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$114.01 billion | 2025 |
| Five years earlier | US$65.57 billion | 2020 |
| Ten years earlier | US$45.93 billion | 2015 |
| Highest | US$114.01 billion | 2025 |
| Lowest | US$45.93 billion | 2015 |
| Average since 2016 | US$69.69 billion | 2016–2025 |
| First recorded | US$69.15 billion |
What the numbers say
In 2025, Morocco's market capitalization of listed domestic companies (current US$) rose 53.1% on 2024 (from US$74.46 billion to US$114.01 billion).
Across the 14 yearly changes before that (2011 to 2024), the average change was +1.7% and a typical year strayed about 15.5% from that (the standard deviation). This year's change was 3.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 53.1% in 2025 and the biggest yearly fall was 28% in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$3.31 billion a year. A straight line explains 35% 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 2025, Morocco had the 34th highest value of the 63 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 | US$114.01 billion | 2025 |
| World | US$141.3 trillion | 2025 |
| Lower middle income | US$11.02 trillion | 2025 |
Closest to Morocco in the 2025 ranking
- Kazakhstan — 30th of 63: US$158.41 billion
- Colombia — 31st of 63: US$132.51 billion
- Greece — 32nd of 63: US$128.98 billion
- Peru — 34th of 63: US$105.16 billion
- New Zealand — 35th of 63: US$103.17 billion
- Nigeria — 36th of 63: US$86.94 billion
What this measures
Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.
Limitations: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.
Regional and income-group figures are computed by the World Bank as a sum.
All 16 values
| Year | Market capitalization of listed domestic companies (current US$) |
|---|---|
| 2025 | 114,008,700,000 |
| 2024 | 74,459,640,000 |
| 2023 | 63,471,040,000 |
| 2022 | 53,706,820,000 |
| 2021 | 74,566,630,000 |
| 2020 | 65,574,810,000 |
| 2019 | 65,415,260,000 |
| 2018 | 61,080,780,000 |
| 2017 | 67,048,480,000 |
| 2016 | 57,579,718,868 |
Market capitalization of listed domestic companies (current US$) in nearby economies
- Algeria — US$371.42 million (2018)
- Bahrain — US$21.31 billion (2025)
- Egypt, Arab Rep. — US$62.88 billion (2025)
- Iran, Islamic Rep. — US$185.64 billion (2025)
- Israel — US$330.88 billion (2024)
- Jordan — US$37.37 billion (2025)
- Kuwait — US$172.13 billion (2025)
- Lebanon — US$10.58 billion (2021)
- Malta
More financial sector data for Morocco
- Net domestic credit (current LCU) — 1.9 trillion (2025)
- Net foreign assets (current LCU) — 463.02 billion (2025)
- Broad money (current LCU) — 2.07 trillion (2025)
- Broad money (% of GDP) — 121.29% (2025)
- Broad money to total reserves ratio — 4.57 (2025)
- Consumer price index (2010 = 100) — 130.51 (2025)
- Inflation, consumer prices (annual % growth) — 0.7% (2025)
- Claims on central government, etc. (% of GDP) — 47.55% (2025)
- DEC alternative conversion factor (LCU per US$) — US$9.35 (2025)
- Official exchange rate (LCU per US$, period average)
Reading data like this
Questions people ask
- What is Morocco's market capitalization of listed domestic companies (current US$)?
- US$114.01 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is up 64.87% from US$69.15 billion in 2010 (3.39% a year on average, compounded). The highest value was US$114.01 billion in 2025 and the lowest US$45.93 billion in 2015.
- How does Morocco rank?
- 34th highest of 63 economies with data for 2025.
- Is the latest change in market capitalization of listed domestic companies (current US$) unusual for Morocco?
- In 2025, Morocco's market capitalization of listed domestic companies (current US$) rose 53.1% on 2024 (from US$74.46 billion to US$114.01 billion). Across the 14 yearly changes before that (2011 to 2024), the average change was +1.7% and a typical year strayed about 15.5% from that (the standard deviation). This year's change was 3.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator CM.MKT.LCAP.CD, licensed CC BY 4.0. Original source: World Federation of Exchanges database, World Federation of Exchanges (WFE) 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in