Morocco Inflation Calculator 2026 (Purchasing Power in MAD)
Calculate Moroccan Dirham (MAD) purchasing power changes and cumulative inflation from 2015 to 2035 using official HCP Consumer Price Index data.
Morocco · Inflation Calculator Morocco
Methodology
Estimates historical price evolution and purchasing power changes based on the Indice des Prix à la Consommation (IPC) published by the Haut-Commissariat au Plan (HCP Maroc) and Bank Al-Maghrib.
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User-provided inputs
This calculator uses only the values you enter. It does not automatically apply tax law, statutory deductions, lender fees, or live exchange rates.
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Formula basis
The formula is shown openly and no country rate is inserted automatically.
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Your estimate
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Historical Consumer Price Index (CPI) Inflation in Morocco (HCP & Bank Al-Maghrib)
| Year | Annual Inflation Rate (%) | Monetary Context |
|---|---|---|
| 2020 | 0.7% | Low inflation during pandemic period |
| 2021 | 1.4% | Gradual economic reopening |
| 2022 | 6.6% | Global commodity and energy shock |
| 2023 | 6.1% | Food price pressures and severe drought impact |
| 2024 | 1.5% | Sharp disinflation, Bank Al-Maghrib monetary easing |
| 2025 – 2026 | 2.0% – 2.2% | Projected medium-term central bank target |
Sources
User-provided inputs
This calculator uses only the values you enter. It does not automatically apply tax law, statutory deductions, lender fees, or live exchange rates.
Frequently asked questions
What is the inflation rate in Morocco?
Inflation in Morocco moderated to around 1.5%–2.0% in 2024–2025 after peaking at 6.6% in 2022 following global energy and food market volatility.
How does HCP measure inflation in Morocco?
The Haut-Commissariat au Plan (HCP) monitors monthly retail prices of a standardized consumer basket of goods and services across 18 major Moroccan cities.