Morocco

Morocco experienced significant inflationary pressures in 2023, with inflation reaching 6.091%. This high rate substantially erodes the benefits of the moderate 3.656% GDP growth, potentially impacting the purchasing power of Moroccan citizens, especially given the lower-middle-income status indicated by the GDP per capita.

A significant infrastructure achievement for Morocco is the reported 100% access to electricity. This suggests successful national electrification programs, which is crucial for supporting economic development, education, and modernizing living standards across the country, contrasting sharply with many regional peers.

Morocco's fertility rate stands at 2.23, which is slightly above the typical replacement level of 2.1. This indicates a stable population trajectory, avoiding the rapid population decline seen in many developed nations while also moving past the high fertility rates characteristic of some lower-income countries.

With 62.674% of the population living in urban areas, Morocco exhibits a high level of urbanization, comparable to many upper-middle-income countries. This rapid shift suggests significant internal migration and pressure on urban infrastructure, potentially contributing to the 9.044% unemployment rate if job creation in cities lags behind.