Industry in Morocco

Morocco Industry | Economic News & Forecasts

Morocco - Industry

After rapid growth in Q2, which was partly driven by a base effect, momentum should have eased in Q3. Rising Covid-19 cases forced tighter restrictions in August, likely dampening private consumption. Moreover, export growth in July–August was lower than in Q2, amid fresh Covid-19 outbreaks abroad. That said, prospects appeared rosier later in the quarter and heading into Q4, as an accelerating vaccination campaign saw cases plummet from September. In politics, in October a new cabinet was formed and promptly presented its 2022 budget. The text signals a supportive fiscal stance, with a focus on expanding the social safety net. In the same month, Algeria confirmed its decision to close the Maghreb gas pipeline—which supplies gas to Morocco—from November. This has the potential to raise energy prices and thus weaken consumer purchasing power in Q4 and into 2022.

Morocco - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)1.8  0.6  3.6  3.0  3.5  

Sample Report

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


Morocco Industry Chart

Morocco Industry
Note: Annual variation of industrial production in %.
Source: Higher Planning Commission of Morocco.

Morocco Facts

Value Change Date
Bond Yield3.020.0 %Dec 31
Exchange Rate9.56-0.29 %Dec 31

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.

Sign Up

Economic News

Search form