GDP in Morocco

Morocco GDP | Economic News & Forecasts

Morocco - GDP

Recent rainfall should spare the country from another poor harvest this year and bring with it improved growth prospects as the agricultural sector—which employs two-fifths of the labor force—rebounds and revives private consumption. Despite overall growth in 2016 being severely constrained by last year’s drought, the industrial sector recorded solid growth and the labor force modest gains. While the country’s trade deficit widened last year due to low phosphate prices, foreign exchange reserves grew on the back of steady FDI inflows and an improving tourism sector.

Morocco - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)4.2  3.8  5.3  3.0  4.5  

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Morocco GDP Chart

Morocco GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Higher Planning Commission of Morocco.

Morocco Facts

Bond Yield3.870.0 %Feb 28
Exchange Rate10.060.03 %Apr 06
Stock Market11,293-0.33 %Apr 06

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