Current Account in Morocco

Morocco Current Account | Economic News & Forecasts

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  

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Morocco Current Account Chart


Morocco Current Account
Note: Current account balance as % of GDP.
Source: Ministry of the Economy and Finance.

Morocco Facts

ValueChangeDate
Bond Yield3.740.0 %Dec 31
Exchange Rate9.56-0.29 %Jan 16
Stock Market11,125-0.23 %Jan 16

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