Morocco - Inflation, consumer prices (annual %) 1960 - 2022
Morocco's inflation, consumer prices (annual %) is currently 6.66%, according to the most recent World Bank data for the country (2022).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Morocco's inflation, consumer prices (annual %) for 2022 was 6.657%, a 374.84% increase from 2021, with a +5 difference.
- In 2021 it was 1.402%, a 98.59% increase from 2020.
- In 2020 it was 0.706%, a 132.70% increase from 2019.
- In 2019 it was 0.303%, a -83.18% increase from 2018.
- In 2018 it was 1.804%, a 139.04% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Morocco is currently 4.1683% (average of years with recorded data) with a lowest recorded value of -1.0136% in 1966 and a highest value of 17.5568% in 1974.
Morocco's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1960 | 3.424% | |
| 1961 | 1.763% | -48.51% |
| 1962 | 5.097% | 189.07% |
| 1963 | 5.7% | 11.83% |
| 1964 | 4.022% | -29.44% |
| 1965 | 3.483% | -13.40% |
| 1966 | -1.014% | -129.10% |
| 1967 | -0.748% | 26.17% |
| 1968 | 0.436% | 158.33% |
| 1969 | 2.95% | 575.84% |
| 1970 | 1.279% | -56.64% |
| 1971 | 4.155% | 224.84% |
| 1972 | 3.759% | -9.53% |
| 1973 | 4.085% | 8.66% |
| 1974 | 17.557% | 329.83% |
| 1975 | 7.918% | -54.90% |
| 1976 | 8.502% | 7.37% |
| 1977 | 12.597% | 48.16% |
| 1978 | 9.716% | -22.87% |
| 1979 | 8.331% | -14.25% |
| 1980 | 9.408% | 12.93% |
| 1981 | 12.493% | 32.78% |
| 1982 | 10.528% | -15.73% |
| 1983 | 6.208% | -41.03% |
| 1984 | 12.448% | 100.51% |
| 1985 | 7.729% | -37.91% |
| 1986 | 8.734% | 13.00% |
| 1987 | 2.699% | -69.10% |
| 1988 | 2.369% | -12.22% |
| 1989 | 3.26% | 37.61% |
| 1990 | 6.783% | 108.06% |
| 1991 | 7.986% | 17.75% |
| 1992 | 5.74% | -28.12% |
| 1993 | 5.183% | -9.71% |
| 1994 | 5.142% | -0.80% |
| 1995 | 6.124% | 19.10% |
| 1996 | 2.987% | -51.22% |
| 1997 | 1.038% | -65.24% |
| 1998 | 2.753% | 165.18% |
| 1999 | 0.685% | -75.13% |
| 2000 | 1.895% | 176.68% |
| 2001 | 0.62% | -67.29% |
| 2002 | 2.796% | 351.05% |
| 2003 | 1.168% | -58.23% |
| 2004 | 1.493% | 27.89% |
| 2005 | 0.983% | -34.20% |
| 2006 | 3.285% | 234.28% |
| 2007 | 2.042% | -37.83% |
| 2008 | 3.715% | 81.91% |
| 2009 | 0.972% | -73.84% |
| 2010 | 0.994% | 2.23% |
| 2011 | 0.907% | -8.72% |
| 2012 | 1.287% | 41.92% |
| 2013 | 1.881% | 46.11% |
| 2014 | 0.442% | -76.48% |
| 2015 | 1.558% | 252.22% |
| 2016 | 1.635% | 4.97% |
| 2017 | 0.755% | -53.85% |
| 2018 | 1.804% | 139.04% |
| 2019 | 0.303% | -83.18% |
| 2020 | 0.706% | 132.70% |
| 2021 | 1.402% | 98.59% |
| 2022 | 6.657% | 374.84% |
Expand
Comparison with Countries in the Middle East & North Africa Region.
Among countries in the same World Bank Middle East & North Africa (MENA) region, Morocco comes in 8th with 6.657% inflation, consumer prices (annual %).
- Within the same region, Lebanon comes in 1st with 154.756%, inflation, consumer prices (annual %).
- Iran, Islamic Rep. comes in 2nd with 43.389%.
- Syrian Arab Republic comes in 3rd with 36.702%.
- Egypt, Arab Rep. comes in 4th with 13.896%.
- Algeria comes in 5th with 9.266%.
- Tunisia comes in 6th with 8.306%.
- Yemen, Rep. comes in 7th with 8.105%.
- Malta comes in 9th with 6.154%.
- Djibouti comes in 10th with 5.18%.
- Qatar comes in 11th with 4.995%.
- Iraq comes in 12th with 4.995%.
- United Arab Emirates comes in 13th with 4.828%.
- Israel comes in 14th with 4.394%.
- Jordan comes in 15th with 4.229%.
- Bahrain comes in 16th with 3.626%.
- Kuwait comes in 17th with 3.424%.
- And Oman comes in 18th with 2.812%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the Middle East & North Africa Region.
Top 10 Countries in the Middle East & North Africa Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lebanon | 154.76% | 2021 |
| 2 | Iran, Islamic Rep. | 43.39% | 2021 |
| 3 | Syrian Arab Republic | 36.70% | 2012 |
| 4 | Egypt, Arab Rep. | 13.90% | 2022 |
| 5 | Algeria | 9.27% | 2022 |
| 6 | Tunisia | 8.31% | 2022 |
| 7 | Yemen, Rep. | 8.10% | 2014 |
| 8 | Morocco | 6.66% | 2022 |
| 9 | Malta | 6.15% | 2022 |
| 10 | Djibouti | 5.18% | 2022 |
Comparison with Countries in the Lower middle income Group.
Among countries in the same World Bank Lower middle income (LMI) group, Morocco comes in 31st with 6.657% inflation, consumer prices (annual %).
- Within the same income group, Senegal comes in 21st with 9.697%, inflation, consumer prices (annual %).
- Mauritania comes in 22nd with 9.525%.
- Algeria comes in 23rd with 9.266%.
- Honduras comes in 24th with 9.09%.
- Myanmar comes in 25th with 8.825%.
- Tunisia comes in 26th with 8.306%.
- Lesotho comes in 27th with 8.272%.
- Bangladesh comes in 28th with 7.697%.
- Kenya comes in 29th with 7.657%.
- India comes in 30th with 6.699%.
- Cameroon comes in 32nd with 6.248%.
- Tajikistan comes in 33rd with 6.005%.
- Philippines comes in 34th with 5.821%.
- Bhutan comes in 35th with 5.639%.
- Solomon Islands comes in 36th with 5.518%.
- Micronesia, Fed. Sts. comes in 37th with 5.409%.
- Cambodia comes in 38th with 5.344%.
- Cote d'Ivoire comes in 39th with 5.276%.
- Djibouti comes in 40th with 5.18%.
- And Papua New Guinea comes in 41st with 4.484%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Lower middle income Group.
Top 14 Countries in the Lower middle income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lebanon | 154.756% | 2021 |
| 2 | Zimbabwe | 104.705% | 2022 |
| 3 | Sri Lanka | 49.721% | 2022 |
| 4 | Iran, Islamic Rep. | 43.389% | 2021 |
| 5 | Haiti | 33.984% | 2022 |
| 6 | Ghana | 31.256% | 2022 |
| 7 | Angola | 25.754% | 2021 |
| 8 | Lao PDR | 22.956% | 2022 |
| 9 | Ukraine | 20.184% | 2022 |
| 10 | Pakistan | 19.874% | 2022 |
| 11 | Nigeria | 18.847% | 2022 |
| 12 | Sao Tome and Principe | 18.006% | 2022 |
| 13 | Mongolia | 15.148% | 2022 |
| 14 | Kyrgyz Republic | 13.923% | 2022 |