Industry in Morocco
Morocco - IndustryThe state of the economy is improving in 2018, after growth slowed in 2017 due to reduced oil production. In the January-to-May period, the fiscal deficit was cut by nearly half compared to the same period in 2017. This was due to substantially higher revenue, particularly from the oil and gas sector, which contrasted a comparatively small increase in total expenditure. A stronger hydrocarbon sector has also supported the external sector in recent months: Merchandise exports increased nearly 30% in January–April compared to the same period last year, easily outstripping import growth of 9%.
Morocco - Industry Data
|Industrial Production (annual variation in %)||0.9||1.3||1.6||2.1||2.6|
5 years of economic forecasts for more than 30 economic indicators.
Morocco Industry Chart
Source: Higher Planning Commission of Morocco.
|Bond Yield||3.70||0.0 %||Jul 31|
|Exchange Rate||9.59||-0.29 %||Aug 15|
|Stock Market||11,611||-0.23 %||Aug 15|
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