Compensation of employees in Morocco

Morocco: Compensation of employees was 151.76 billion current LCU in 2023. ◆ Volatile

Latest (2023)
151.76 billion current LCU
Change on year
up 2.7%
World rank
67th
of 156 countries
All-time high
151.76 billion current LCU
in 2023
All-time low
21.63 billion current LCU
in 1990
Years of data
31
1990–2023

Compensation of employees in Morocco, 1990–2023

050.0B100.0B150.0B1990200620231990: 21.6B current LCU1991: 25.4B current LCU1992: 26.9B current LCU1993: 27.9B current LCU1994: 29.6B current LCU1995: 31.8B current LCU1997: 34.8B current LCU1998: 37.9B current LCU1999: 40.5B current LCU2002: 54.2B current LCU2003: 58.9B current LCU2004: 62.2B current LCU2005: 68.9B current LCU2006: 73.8B current LCU2007: 76.8B current LCU2008: 83.2B current LCU2009: 92.7B current LCU2010: 88.6B current LCU2011: 99.4B current LCU2012: 108.9B current LCU2013: 112.8B current LCU2014: 117.3B current LCU2015: 118.2B current LCU2016: 120.6B current LCU2017: 121.9B current LCU2018: 124.5B current LCU2019: 131.4B current LCU2020: 133.5B current LCU2021: 140.5B current LCU2022: 147.8B current LCU2023: 151.8B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for compensation of employees in Morocco is 151.76 billion current LCU, measured in 2023. That is the highest value across all 31 years on record.

Compared with earlier readings it is up 2.7% on the previous year and up 34.6% over ten years.

Over the whole period, compensation of employees in Morocco peaked at 151.76 billion current LCU in 2023 and was at its lowest, 21.63 billion current LCU, in 1990.

Morocco ranks 67th of 156 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 30.72 billion current LCU 21.63 billion current LCU 40.49 billion current LCU 9
2000s 71.33 billion current LCU 54.20 billion current LCU 92.66 billion current LCU 8
2010s 114.36 billion current LCU 88.59 billion current LCU 131.39 billion current LCU 10
2020s 143.38 billion current LCU 133.53 billion current LCU 151.76 billion current LCU 4

Countries ranked near Morocco

  1. 64 Afghanistan 171.17 billion current LCU compare
  2. 65 Poland 164.20 billion current LCU compare
  3. 66 Nepal 157.80 billion current LCU compare
  4. 68 Romania 142.52 billion current LCU compare
  5. 69 Albania 138.37 billion current LCU compare
  6. 70 Kyrgyzstan 134.18 billion current LCU compare

See the full ranking of 156 places →

More public sector data for Morocco

All data for Morocco →

Frequently asked questions

What is compensation of employees in Morocco?
Compensation of employees in Morocco was 151.76 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest compensation of employees recorded in Morocco?
The highest recorded value was 151.76 billion current LCU in 2023.
What is the lowest compensation of employees recorded in Morocco?
The lowest recorded value was 21.63 billion current LCU in 1990.
How does Morocco rank for compensation of employees?
Morocco ranks 67th out of 156 countries with data for 2023.
Is compensation of employees rising or falling in Morocco?
Over the last ten years it is up 34.6%. The long-run trend across the full record is volatile.
Where does this Morocco data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 data points, 1972–2024
Last refreshed

Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.