GDP in Morocco
Morocco - GDPRecent 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
|Economic Growth (GDP, annual variation in %)||4.2||3.8||5.3||3.0||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||10.06||0.03 %||Apr 06|
|Stock Market||11,293||-0.33 %||Apr 06|
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