GDP in Morocco
Morocco - GDPA sharp contraction in the agricultural sector dented GDP growth at the end of 2016. GDP expanded a meager 0.9% annually in Q4, bringing full-year growth to a near two-decade low. A severe drought was largely behind the economy’s weak performance while the non-agricultural sector performed more robustly. In April, the Central Bank pulled forward its plans to begin floating the dirham to Q2 despite previously stating its intent to begin moving to a flexible exchange rate in H2 2017. While officials noted that full flexibility could take up to 15 years, the move could give the external sector a boost in the short term if it supports a fall in the value of the currency.
Morocco - GDP Data
|Economic Growth (GDP, annual variation in %)||5.3||3.0||4.5||2.6||4.5|
5 years of economic forecasts for more than 30 economic indicators.
Morocco GDP Chart
Source: Higher Planning Commission of Morocco.
|Bond Yield||3.87||0.0 %||Feb 28|
|Exchange Rate||9.94||0.13 %||May 10|
|Stock Market||11,727||0.07 %||May 10|
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