Current Account in Morocco
Morocco - Current Account
The economy appears to have lost momentum in Q1 2019 as a contraction in the agricultural sector, owing to a high base effect from last year’s bumper harvest and drought conditions in winter, dragged on growth. That said, the rest of the economy showed some positive momentum, with robust growth in the services and manufacturing sectors likely powering a rebound in fixed investment. Industrial output was driven by a noticeable acceleration in the mining and quarrying sector thanks to higher domestic demand for phosphate products—due notably to the dynamism of the chemical sector. Turning to Q2, the picture looks similar; an expected further contraction in the agricultural sector is projected to be broadly counterbalanced by solid growth elsewhere.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 | 3.49 | 0.0 % | Apr 30 |
| Exchange Rate | 9.63 | -0.29 % | May 13 |
| Stock Market | 11,222 | -0.23 % | May 13 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
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.
Economic News
© Copyright: 2019 | Morocco Current Account | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
