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Morocco has achieved a notable milestone by ranking 52nd in the global brand value rankings, as highlighted in a recent report by the Global Innovation Index in partnership with Brand Finance.
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This accomplishment underscores the increasing significance of Moroccan brands on the international stage, even though they represent a small fraction of global brand value.
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The report indicates a remarkable rise in total global brand value in 2024, reaching an impressive $13 trillion.
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Although Morocco’s brand value, approximately $2.75 billion, represents only 0.02% of the global total, it still marks a significant presence among the world’s top 5,000 brands.
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When evaluated as a percentage of gross domestic product (GDP), Morocco ranks 48th, with brands contributing around 1.75% to the nation’s GDP.
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The report also explores the broader global brand value landscape, with Hong Kong and the United States taking the lead.
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Hong Kong’s strength is demonstrated by major companies like AIA and Prudential, while the US continues to dominate, bolstered by tech giants such as Amazon and Google.
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Other standout countries include Sweden, known for its consumer and automotive brands like IKEA and Volvo, and Switzerland, which features strong financial and pharmaceutical brands like UBS and Roche.
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France benefits from its luxury and energy sectors, with notable brands like Chanel and TotalEnergies enhancing its overall brand value.
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South Korea showcases its prowess in automotive and industrial sectors with brands such as Kia and LG.
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The United States leads the global brand value landscape in 2024, with a staggering brand value nearing $6 trillion, accounting for 45% of the total global brand value, far surpassing the combined worth of the next ten economies.
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China, ranking second globally with a brand value of $1.7 trillion, contributes 13.3% to the total, driven by TikTok/Douyin, the nation’s most valuable brand.
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India, in ninth place, shows a brand value of $224 billion, comprising 1.7% of the global share, with Tata Group standing out as the top Indian brand. These rankings reflect the rising influence of brands from emerging economies on the global stage.
- Among individual brands, Apple, Microsoft, Google, and Amazon retain their status as the top four most valuable brands worldwide, while Samsung Group from South Korea makes a significant impact in the fifth position.
Morocco holds the 52nd position in global brand value, according to the Global Innovation Index report.
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