GDP in Morocco

Morocco GDP | Economic News & Forecasts

Morocco - GDP

After 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

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)5.2  3.0  4.7  2.4  4.5  

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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 Yield3.870.0 %Feb 28
Exchange Rate9.980.08 %Mar 23
Stock Market11,691-1.68 %Mar 23

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