GDP in Morocco
Morocco - GDPGDP growth accelerated markedly in Q1 on the back of a hearty recovery in the agricultural sector, coming in at a five-quarter high of 3.8%. Improved household spending and investment in Q1 were the result of healthier dynamics in the domestic economy and came despite the uptick in unemployment. Moreover, leading indicators suggest that the economy kept up the pace in Q2. Notably, trade data from the January-May period suggests that the external sector’s negative contribution to growth narrowed as higher imported energy costs were outstripped by robust growth in phosphate exports, which explains the jump in mining output in May. In early July, the IMF noted definite progress on the country’s ongoing fiscal and structural reforms.
Morocco - GDP Data
|Economic Growth (GDP, annual variation in %)||3.0||4.5||2.6||4.5||1.2|
5 years of economic forecasts for more than 30 economic indicators.
Morocco GDP Chart
Source: Higher Planning Commission of Morocco.
|Bond Yield||3.88||0.0 %||Jul 31|
|Exchange Rate||9.47||0.09 %||Aug 16|
|Stock Market||12,232||0.01 %||Aug 16|
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