Industry in Morocco

Morocco Industry | Economic News & Forecasts

Morocco - Industry

Economic activity softened in the second quarter due to lower growth in the agricultural and industrial sectors, despite strong external demand for automotive products, chemicals and minerals. On the other hand, service sector growth remained robust thanks to solid tourist inflows, and despite low consumer confidence due to high unemployment. Looking at Q3, the record harvest should have buttressed agricultural sector growth, while the strong tourism sector likely continued supporting private consumption.

Morocco - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)0.9  1.3  1.6  2.1  2.6  

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Morocco Industry Chart

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

Morocco Facts

Bond Yield3.700.0 %Jul 31
Exchange Rate9.49-0.29 %Oct 22
Stock Market11,184-0.23 %Oct 22

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