GDP in Morocco

Morocco GDP | Economic News & Forecasts

Morocco - GDP

Morocco’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

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 Yield3.200.0 %May 31
Exchange Rate10.04-0.41 %Jan 20
Stock Market12,5931.35 %Jan 20

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