Algeria vs Morocco: Economic Indicators Comparison Algeria with a GDP of $173.8B ranked the 56th largest economy in the world, while Morocco ranked 60th with $117.9B. By GDP 5-years average growth and GDP per capita, Algeria and Morocco ranked 100th vs 87th and 119th vs 130th, respectively.
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Who is richer Algeria or Morocco?
Richest African Countries by GDP
Nigeria – $514.05 billion.South Africa – $329.53 billion. Algeria – $151.46 billion. Morocco – $124 billion.
Is Morocco a rich country?
Morocco has become a major player in African economic affairs, and is the 5th largest African economy by GDP (PPP).The economic system of the country is characterized by a large opening towards the outside world. In the Arab world, Morocco has the second-largest non-oil GDP, behind Egypt, as of 2017.
Is Algeria is a rich country?
The World Bank classifies Algeria as an upper-middle income nation. The country is heavily reliant on energy exports in natural gas and oil. However, it faces many economic challenges, including high unemployment for women and youth and inequality among its different regions.
Is Morocco older than Algeria?
History of Algerian-Moroccan relations
Algerian nationalists had relatively good relations with King Mohammed V of Morocco He died in 1961, one year before Algeria gained its sovereignty. Morocco became independent in 1956 and Algeria in 1962.
Is Morocco richer than Tunisia?
Tunisia has a GDP per capita of $11,900 as of 2017, while in Morocco, the GDP per capita is $8,600 as of 2017.
Is Morocco more developed than Egypt?
Egypt vs Morocco: Economic Indicators Comparison
Egypt with a GDP of $250.9B ranked the 45th largest economy in the world, while Morocco ranked 60th with $117.9B. By GDP 5-years average growth and GDP per capita, Egypt and Morocco ranked 49th vs 87th and 139th vs 130th, respectively.
Is Morocco richer than Nigeria?
Nigeria has a GDP per capita of $5,900 as of 2017, while in Morocco, the GDP per capita is $8,600 as of 2017.
Is Morocco richer than India?
India with a GDP of $2.7T ranked the 7th largest economy in the world, while Morocco ranked 60th with $117.9B. By GDP 5-years average growth and GDP per capita, India and Morocco ranked 6th vs 87th and 150th vs 130th, respectively.
Is Morocco the richest country in Africa?
With a GDP of almost $130 Billion, Morocco comes in at number 5 on this list of richest countries in Africa.It is the second-richest non-oil-producing African country. The country’s economy is driven by mining and manufacturing. 30% of Morocco’s GDP comes from industry, 15% from agriculture, and 55% from services.
Is Algeria richer than Nigeria?
Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Algeria ranked 56th with $173.8B.
Gross Domestic Product & Income.
| Stat | Algeria | Nigeria |
|---|---|---|
| Population | 41.3M | 190.9M |
| GDP per capita | $4.1k | $2k |
| GDP per capita growth | -0.62% | -0.67% |
| Purchasing Power Parity conversion factor | 30.99 | 110.03 |
What percentage of Algerians are poor?
Poverty headcount ratio in Algeria 2018-2021
In 2021, the poverty rate was projected at 4.2 percent in Algeria. This was 0.2 percentage points more than the year before. Both years 2018 and 2019 projected the same poverty rate of 3.1 percent.
Is Algeria the best country in Africa?
Algeria has an HDI score of . 748 and is the third most developed country in Africa. Algeria currently has the highest life expectancy of all African countries of 76.3 years.
Which country is bigger Morocco or Algeria?
Algeria is about 5 times bigger than Morocco.
Morocco is approximately 446,550 sq km, while Algeria is approximately 2,381,740 sq km, making Algeria 433% larger than Morocco.
Which is better Tunisia or Morocco?
Tunisia had a higher literacy rate at about 82% compared to Morocco’s 68.5%. However, Morocco has a lower unemployment rate at 10% compared to Tunisia’s 15.9%. In terms of economic comparison, the GDP per capita of Tunisia is $11,800 while Morocco has a lower GDP per capita of $8,600.
Why do Morocco and Algeria hate each other?
Despite their history as allies under French colonial rule, Morocco and Algeria have been embroiled in serious territory disputes.Morocco’s invasion into Algeria in 1963 began the Sand War, which killed hundreds of people and defined the two countries’ bitter relationship.
Which country is bigger Morocco or Tunisia?
Tunisia is approximately 163,610 sq km, while Morocco is approximately 446,550 sq km, making Morocco 173% larger than Tunisia.
Where is Tunisia at?
North Africa
Tunisia is situated on the Mediterranean coast of North Africa, midway between the Atlantic Ocean and the Nile Delta. It is bordered by Algeria on the west and Libya on the south east.
Is Morocco similar to Egypt?
First of all, let’s see what Morocco and Egypt got in common. Both are, quite obviously, located in Northern Africa. Both are predominantly Muslim, though there is quite a large Coptic (=Christian) minority in Egypt. The climate in both countries is very arid and big parts of each country is a desert.
Which country is the best in Africa?
Egypt, South Africa and Nigeria are the top most powerful countries in Africa, according to US News and World Report’s 2019 power ranking. The US News and World Report’s “2019 Best Countries” ranking is in collaboration with the University of Pennsylvania.
Which country is bigger Nigeria or Morocco?
Nigeria is about 2.1 times bigger than Morocco.
Morocco is approximately 446,550 sq km, while Nigeria is approximately 923,768 sq km, making Nigeria 107% larger than Morocco.Morocco using our country comparison tool.
