Current Account in Morocco
Morocco - Current Account
Growth gathered steam in the third quarter, buttressed by a pick-up in fixed investment–likely helped by recent reforms to attract FDI–and higher inventories, coupled with a modest acceleration of both public and private consumption expenditures. However, the external sector dragged on growth due to a marked slowdown of exports. In addition, available data suggests the economy slowed in the fourth quarter, weighed on by weaker activity in the industrial sector–and notably by a fall in mining and quarrying output amid a lull in phosphate demand.Morocco - Current Account Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Current Account (% of GDP) | -7.9 | -5.7 | -2.1 | -4.2 | -3.6 |
Morocco Current Account Chart
Source: Ministry of the Economy and Finance.
Morocco Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.74 | 0.0 % | Dec 31 |
| Exchange Rate | 9.56 | -0.29 % | Jan 16 |
| Stock Market | 11,125 | -0.23 % | Jan 16 |
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