GDP in Morocco
Morocco - GDPMorocco’s GDP grew a sluggish 0.8% annually in Q3 2016. A moderate acceleration in private consumption and robust fixed investment were just enough to offset the negative contribution from the external sector. Increased remittances and bank credits given to households were behind the increase in spending, as the labor market faltered in Q3. On the external side, exports of phosphate, of which Morocco has some of the world’s largest reserves, declined sharply and dragged on total exports, while imports picked up. The trade deficit continued to deteriorate in October and November and is likely to drag on growth again in Q4.
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.
Note: Annual variation of gross domestic product (GDP) in %.
Morocco GDP Chart
Source: Higher Planning Commission of Morocco.
|Bond Yield||3.20||0.0 %||May 31|
|Exchange Rate||10.04||-0.41 %||Jan 20|
|Stock Market||12,593||1.35 %||Jan 20|
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