Morocco Economic Forecast
October 4, 2016Morocco’s economy hit the brakes in Q2. GDP grew a mere 0.5% in annual terms, after recording a 1.7% expansion in Q1. The result was driven by a sharp contraction in agricultural output, which was offset by growth in commerce, communication and services. On the demand side of the economy, private consumption and fixed investment increased steadily but the external sector dragged on the expansion. More recent data for the trade balance shows no silver lining: compared to the first eight months of 2015, this year’s trade deficit deteriorated on the back of surging imports.
Morocco Economy Data
5 years of Morocco economic forecasts for more than 30 economic indicators.
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|Bond Yield||3.20||0.0 %||May 31|
|Exchange Rate||9.92||0.18 %||Oct 25|
|Stock Market||10,347||0.0 %||Oct 25|
Morocco Economic Growth
October 4, 2016The parliamentary elections on 7 October are likely to stir up the political landscape. This could put the relative stability seen in the past few years at risk and therefore hamper momentum in economic activity. Panelists expect growth of 1.8% in 2016, which is up 0.1 percentage points from last month’s forecast. In 2017, the panel expects GDP to expand 3.8%.