Current Account in Morocco

Morocco Current Account | Economic News & Forecasts

Morocco - Current Account

Growth seems to have softened somewhat in the second quarter. The consumer confidence index plummeted to its lowest level since Q4 2016, driven by a broad-based deterioration in household sentiment, which bodes poorly for private consumption. Moreover, job creation was tepid in Q2, even though the unemployment rate fell as people left the labor force, and the agricultural sector shrank further according to Morocco’s Statistical Institute. More positively, annual loan growth was robust in the quarter, which should have supported domestic demand somewhat. Meanwhile, in late July, the King announced the creation of a new committee tasked with suggesting economic reforms, and urged the prime minister to shake up key public-sector positions. It remains to be seen whether this will have any meaningful economic impact.

Morocco - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-7.9  -5.8  -2.1  -4.0  -3.4  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

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 Yield3.400.0 %Aug 31
Exchange Rate9.67-0.29 %Sep 04
Stock Market11,665-0.23 %Sep 04

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form