Morocco: Household consumption, percent of GDP

* indicates monthly or quarterly data series

Household consumption as percent of GDP

 Latest value 61.97
 Year 2022
 Measure percent
 Data availability 1960 - 2022
 Average 62.93
 Min - Max 50.99 - 80.50
 Source The World Bank
For that indicator, we provide data for Morocco from 1960 to 2022. The average value for Morocco during that period was 62.93 percent with a minimum of 50.99 percent in 2004 and a maximum of 80.5 percent in 1961. The latest value from 2022 is 61.97 percent. For comparison, the world average in 2022 based on 141 countries is 62.27 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Morocco - Household consumption, percent of GDP - Recent values chart

Historical chart
Morocco - Household consumption, percent of GDP - historical chart - 1960-2022

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 30.30 2022 percent
 Capital investment, in dollars 39.67 2022 billion U.S. dollars
 Household consumption, percent of GDP 61.97 2022 percent
 Household consumption, in dollars 81.13 2022 billion U.S. dollars
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