GDP in Morocco
Morocco - GDPAfter poor growth in 2016 on the back of plunging agricultural output due to dry weather, Morocco’s economy is set to pick up steam this year. The IMF recently concluded its Article IV assessment and highlighted the Kingdom’s healthy macroeconomic fundamentals. While the fiscal deficit likely decreased further last year thanks to controlled spending and solid tax revenue, foreign exchange reserves grew on the back of rising foreign direct investment, rebounding merchandise exports and an improving tourism sector. Underpinning the brighter situation, on 24 February, Moody’s upgraded the country’s outlook from stable to positive, while affirming its Ba1 rating.
Morocco - GDP Data
|Economic Growth (GDP, annual variation in %)||5.2||3.0||4.7||2.4||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||9.98||0.08 %||Mar 23|
|Stock Market||11,691||-1.68 %||Mar 23|
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