Morocco Inflation Rate 1960-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Morocco inflation rate for 2023 was 6.09%, a 0.57% decline from 2022.
  • Morocco inflation rate for 2022 was 6.66%, a 5.26% increase from 2021.
  • Morocco inflation rate for 2021 was 1.40%, a 0.7% increase from 2020.
  • Morocco inflation rate for 2020 was 0.71%, a 0.4% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Ghana 38.11%
Egypt 33.88%
Lao PDR 31.23%
Pakistan 30.77%
Nigeria 24.66%
Sao Tome and Principe 21.26%
Sri Lanka 16.54%
Angola 13.64%
Moldova 13.42%
Ukraine 12.85%
Zambia 10.88%
Kyrgyz Republic 10.75%
Mongolia 10.35%
Bangladesh 9.88%
Tunisia 9.33%
Nicaragua 8.39%
Kenya 7.67%
Cameroon 7.38%
Honduras 6.66%
Lesotho 6.34%
Morocco 6.09%
Philippines 5.98%
Solomon Islands 5.89%
West Bank and Gaza 5.87%
India 5.65%
Mauritania 4.95%
Kosovo 4.94%
Republic of Congo 4.30%
Bhutan 4.23%
El Salvador 4.05%
Indonesia 3.67%
Vietnam 3.25%
Bolivia 2.58%
Georgia 2.49%
Papua New Guinea 2.30%
Cambodia 2.13%
Djibouti 1.50%
Morocco Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 6.09% -0.57%
2022 6.66% 5.26%
2021 1.40% 0.70%
2020 0.71% 0.40%
2019 0.30% -1.50%
2018 1.80% 1.05%
2017 0.75% -0.88%
2016 1.64% 0.08%
2015 1.56% 1.12%
2014 0.44% -1.44%
2013 1.88% 0.59%
2012 1.29% 0.38%
2011 0.91% -0.09%
2010 0.99% 0.02%
2009 0.97% -2.74%
2008 3.71% 1.67%
2007 2.04% -1.24%
2006 3.28% 2.30%
2005 0.98% -0.51%
2004 1.49% 0.33%
2003 1.17% -1.63%
2002 2.80% 2.18%
2001 0.62% -1.27%
2000 1.89% 1.21%
1999 0.68% -2.07%
1998 2.75% 1.71%
1997 1.04% -1.95%
1996 2.99% -3.14%
1995 6.12% 0.98%
1994 5.14% -0.04%
1993 5.18% -0.56%
1992 5.74% -2.25%
1991 7.99% 1.20%
1990 6.78% 3.52%
1989 3.26% 0.89%
1988 2.37% -0.33%
1987 2.70% -6.03%
1986 8.73% 1.01%
1985 7.73% -4.72%
1984 12.45% 6.24%
1983 6.21% -4.32%
1982 10.53% -1.96%
1981 12.49% 3.08%
1980 9.41% 1.08%
1979 8.33% -1.38%
1978 9.72% -2.88%
1977 12.60% 4.09%
1976 8.50% 0.58%
1975 7.92% -9.64%
1974 17.56% 13.47%
1973 4.08% 0.33%
1972 3.76% -0.40%
1971 4.16% 2.88%
1970 1.28% -1.67%
1969 2.95% 2.51%
1968 0.44% 1.18%
1967 -0.75% 0.27%
1966 -1.01% -4.50%
1965 3.48% -0.54%
1964 4.02% -1.68%
1963 5.70% 0.60%
1962 5.10% 3.33%
1961 1.76% -1.66%
1960 3.42% -1.66%