GDP in Morocco

Morocco GDP | Economic News & Forecasts

Morocco - GDP

GDP 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

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)3.0  4.5  2.6  4.5  1.2  

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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 Yield3.880.0 %Jul 31
Exchange Rate9.470.09 %Aug 16
Stock Market12,2320.01 %Aug 16

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