GDP in Morocco

Morocco GDP | Economic News & Forecasts

Morocco - GDP

A sharp contraction in the agricultural sector dented GDP growth at the end of 2016. GDP expanded a meager 0.9% annually in Q4, bringing full-year growth to a near two-decade low. A severe drought was largely behind the economy’s weak performance while the non-agricultural sector performed more robustly. In April, the Central Bank pulled forward its plans to begin floating the dirham to Q2 despite previously stating its intent to begin moving to a flexible exchange rate in H2 2017. While officials noted that full flexibility could take up to 15 years, the move could give the external sector a boost in the short term if it supports a fall in the value of the currency.

Morocco - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)5.3  3.0  4.5  2.6  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

ValueChangeDate
Bond Yield3.870.0 %Feb 28
Exchange Rate9.940.13 %May 10
Stock Market11,7270.07 %May 10

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