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TOOL · GROSS COST

How much would a basic income cost in Morocco?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 27,893,980child population 9,818,525year 2023World Bank WDI

GROSS ANNUAL COST

314,911 million

in MADMAD 314,911,128,000

Equal to 21.3% of reference GDP

Population covered: 37,712,505 people

Adults: 27,893,980 × MAD 800 × 12 = MAD 267,782,208,000

Children: 9,818,525 × MAD 400 × 12 = MAD 47,128,920,000

MAD 267,782,208,000 + MAD 47,128,920,000 = MAD 314,911,128,000

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $146,036,093,667 · World Bank WDI

Currency MAD · exchange rate 10.1314 MAD/USD (2023)

Converted cost $31,082,606,237 for the GDP share.