Morocco Economic Statistics and Indicators

13, Nov 2018, EST. Welcome to the Morocco economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Morocco › Change country
National or Regional Currency: Moroccan Dirham, MAD
Year of data: 2015 › Change year
Number of Indicators Listed: 39
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 32,987,206 (July 2014 est.)
Area: total: 446,550 sq km ; land: 446,300 sq km ; water: 250 sq km
Natural Resources: phosphates, iron ore, manganese, lead, zinc, fish, salt
Capital: name: Rabat ; geographic coordinates: 34 01 N, 6 49 W ; time difference: UTC 0 (5 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1 hr, begins last Sunday in April; ends last Sunday in September

Morocco has capitalized on its proximity to Europe and relatively low labor costs to build a diverse, open, market-oriented economy. In the 1980s Morocco was a heavily indebted country before pursuing austerity measures and pro-market reforms, overseen by the IMF. Since taking the throne in 1999, King MOHAMMED VI has presided over a stable economy marked by steady growth, low inflation, and gradually falling unemployment, although a poor harvest and economic difficulties in Europe contributed to an economic slowdown in 2012. Industrial development strategies and infrastructure improvements - most visibly illustrated by a new port and free trade zone near Tangier - are improving Morocco's competitiveness. Morocco also seeks to expand its renewable energy capacity with a goal of making renewable 40% of electricity output by 2020. Key sectors of the economy include agriculture, tourism, phosphates, textiles, apparel, and subcomponents. To boost exports, Morocco entered into a bilateral Free Trade Agreement with the United States in 2006 and an Advanced Status agreement with the European Union in 2008. Despite Morocco's economic progress, the country suffers from high unemployment, poverty, and illiteracy, particularly in rural areas. In 2011 and 2012, high prices on fuel - which is subsidized and almost entirely imported - strained the government's budget and widened the country's current account deficit. In the fall of 2013, Morocco capped some of its fuel subsidies in an effort to gradually reduce the country’s large budgetary deficit. Key economic challenges for Morocco include fighting corruption and reforming the education system, the judiciary, and the government's costly subsidy program.
More on the Morocco Economy
More on the Morocco Export, Import and Trade

Economic Indicator Listing
  For Morocco in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 4.466 %
GDP (Current Prices, National Currency)MAD 1,001.57 Billion.
GDP (Current Prices, US Dollars)US$ 103.142 Billion
GDP Deflator 111.079 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)MAD 26,913.18 .
GDP Per Capita (Current Prices, National Currency)MAD 29,894.87 .
GDP Per Capita (Current Prices, US Dollars)US$ 3,078.59
GDP (PPP), US DollarsUS$ 273.533 Billion
GDP Per Capita (PPP), US DollarsUS$ 8,164.42
GDP Share of World Total (PPP) 0.241 %
Implied PPP Conversion Rate 3.662
Investment (% of GDP) 33.347 %
Gross National Savings (% of GDP) 31.977 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 114.87 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 1.6 %
Inflation, End of Year (Indexed to Year 2000) 116.478 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 1.6 %
Import Volume of All Items Including Goods and Services (Percent Change) -5.578 %
Import Volumes of Goods Only (Percent Change) -7.355 %
Export Volume of All Items Including Goods and Services (Percent Change) -2.735 %
Export Volumes of Goods Only (Percent Change) -3.408 %
Unemployment Rate (% of Labour Force) 9.779 %
Population 33.503 Million
General government revenue (National Currency)MAD 256.419 Billions.
General government revenue (% of GDP) 25.602 %
General government total expenditure (National Currency)MAD 299.461 Billions.
General government total expenditure (% of GDP) 29.899 %
Total Government Net Lending/ Borrowing (National Currency)MAD -43.042 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -4.297 %
General Government Structural Balance (National Currency)MAD -49.938 Billion.
General Government Structural Balance (% Potential GDP) -4.943 %
Fiscal Year Gross Domestic Product, Current PricesMAD 1,001.57 Billions.
Current Account Balance (US Dollars)US$ -1.413 Billion
Current Account Balance (% GDP) -1.37 %
Economic Indicators for Morocco 2015

GDP (Constant Prices, National Currency) for Morocco in year 2015 is MAD 901.672 Billion.

GDP Growth (Constant Prices, National Currency) for Morocco in year 2015 is 4.466 %.

GDP (Current Prices, National Currency) for Morocco in year 2015 is MAD 1,001.57 Billion.

GDP (Current Prices, US Dollars) for Morocco in year 2015 is US$ 103.142 Billion.

GDP Deflator for Morocco in year 2015 is 111.079 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Morocco in year 2015 is MAD 26,913.18 .

GDP Per Capita (Current Prices, National Currency) for Morocco in year 2015 is MAD 29,894.87 .

GDP Per Capita (Current Prices, US Dollars) for Morocco in year 2015 is US$ 3,078.59 .

GDP (PPP), US Dollars for Morocco in year 2015 is US$ 273.533 Billion.

GDP Per Capita (PPP), US Dollars for Morocco in year 2015 is US$ 8,164.42 .

GDP Share of World Total (PPP) for Morocco in year 2015 is 0.241 %.

Implied PPP Conversion Rate for Morocco in year 2015 is 3.662 .

Investment (% of GDP) for Morocco in year 2015 is 33.347 %.

Gross National Savings (% of GDP) for Morocco in year 2015 is 31.977 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Morocco in year 2015 is 114.87 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Morocco in year 2015 is 1.6 %.

Inflation, End of Year (Indexed to Year 2000) for Morocco in year 2015 is 116.478 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Morocco in year 2015 is 1.6 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Morocco in year 2015 is -5.578 %.

Import Volumes of Goods Only (Percent Change) for Morocco in year 2015 is -7.355 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Morocco in year 2015 is -2.735 %.

Export Volumes of Goods Only (Percent Change) for Morocco in year 2015 is -3.408 %.

Unemployment Rate (% of Labour Force) for Morocco in year 2015 is 9.779 %.

Population for Morocco in year 2015 is 33.503 Million .

General government revenue (National Currency) for Morocco in year 2015 is MAD 256.419 Billions.

General government revenue (% of GDP) for Morocco in year 2015 is 25.602 %.

General government total expenditure (National Currency) for Morocco in year 2015 is MAD 299.461 Billions.

General government total expenditure (% of GDP) for Morocco in year 2015 is 29.899 %.

Total Government Net Lending/ Borrowing (National Currency) for Morocco in year 2015 is MAD -43.042 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Morocco in year 2015 is -4.297 %.

General Government Structural Balance (National Currency) for Morocco in year 2015 is MAD -49.938 Billion.

General Government Structural Balance (% Potential GDP) for Morocco in year 2015 is -4.943 %.

Fiscal Year Gross Domestic Product, Current Prices for Morocco in year 2015 is MAD 1,001.57 Billions.

Current Account Balance (US Dollars) for Morocco in year 2015 is US$ -1.413 Billion.

Current Account Balance (% GDP) for Morocco in year 2015 is -1.37 %.

* Source: IMF
Aggregate Indicators for Morocco
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Morocco
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Morocco
  Natural Resources, Agricultural Products, Land Use and Water Use for Morocco
  Nationality, Ethnic Groups, Languages and Religions for Morocco
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Morocco
  Age Structure, Median Age, Gender and Urbanization for Morocco
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Morocco
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Morocco
  HIV, AIDS and Other Major Infectious Disease Rates for Morocco
  Literacy Rate, Educational Expenditure and School Life Expectancy for Morocco
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Morocco
  Industries and Industrial Growth Production Rate for Morocco
  Labor Force by Occupation for Morocco
  Poverty Line, Gini Index, Household Income and Consumption for Morocco
  National Budget and Public Debt for Morocco
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Morocco
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Morocco
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Morocco
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Morocco
  Foreign Exchange Reserves and Gold Reserves for Morocco
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Morocco
  Exchange Rate Statistics for Morocco
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Morocco
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Morocco
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Morocco
  Television and Radio Statistics (TV Stats, Radio Stats) for Morocco
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Morocco
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Morocco
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Morocco
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Morocco
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Morocco
* Source: CIA
Internet Indicators for Morocco
Indicators
  Number of Internet Users for Morocco
  Internet Penetration Rate for Morocco
  Number of Facebook Accounts for Morocco
  Facebook Penetration Rate for Morocco
* Source: IWS
Economic Freedom Indicators for Morocco
Indicators
  Economic Freedom World Rank for Morocco
  Government Spending for Morocco
  Monetary Freedom for Morocco
  Investment Freedom for Morocco
  Financial Freedom for Morocco
  Property Rights for Morocco
  Economic Freedom Regional Ranking for Morocco
  Freedom from Corruption for Morocco
  Labor Freedom for Morocco
  Tariff Rate for Morocco
  Income Tax Rate for Morocco
  Corporate Tax Rate for Morocco
  Tax Burden % of GDP for Morocco
  Government Expenditure % of GDP for Morocco
  Business Freedom for Morocco
  Trade Freedom for Morocco
  Fiscal Freedom for Morocco
  2016 Score for Morocco
* Source: HFO
Morocco Economic Indicators in other Years
  Morocco Economic Indicators for Year 2021 (Forecast)
  Morocco Economic Indicators for Year 2020 (Forecast)
  Morocco Economic Indicators for Year 2019 (Forecast)
  Morocco Economic Indicators for Year 2018 (Forecast)
  Morocco Economic Indicators for Year 2017 (Forecast)
  Morocco Economic Indicators for Year 2016 (Forecast)
Morocco Economic Indicators for Year 2015 (Current)
  Morocco Economic Indicators for Year 2014
  Morocco Economic Indicators for Year 2013
  Morocco Economic Indicators for Year 2012
  Morocco Economic Indicators for Year 2011
  Morocco Economic Indicators for Year 2010
  Morocco Economic Indicators for Year 2009
  Morocco Economic Indicators for Year 2008
  Morocco Economic Indicators for Year 2007
  Morocco Economic Indicators for Year 2006
  Morocco Economic Indicators for Year 2005
  Morocco Economic Indicators for Year 2004
  Morocco Economic Indicators for Year 2003
  Morocco Economic Indicators for Year 2002
  Morocco Economic Indicators for Year 2001
  Morocco Economic Indicators for Year 2000
  Morocco Economic Indicators for Year 1999
  Morocco Economic Indicators for Year 1998
  Morocco Economic Indicators for Year 1997
  Morocco Economic Indicators for Year 1996
  Morocco Economic Indicators for Year 1995
  Morocco Economic Indicators for Year 1994
  Morocco Economic Indicators for Year 1993
  Morocco Economic Indicators for Year 1992
  Morocco Economic Indicators for Year 1991
  Morocco Economic Indicators for Year 1990
  Morocco Economic Indicators for Year 1989
  Morocco Economic Indicators for Year 1988
  Morocco Economic Indicators for Year 1987
  Morocco Economic Indicators for Year 1986
  Morocco Economic Indicators for Year 1985
  Morocco Economic Indicators for Year 1984
  Morocco Economic Indicators for Year 1983
  Morocco Economic Indicators for Year 1982
  Morocco Economic Indicators for Year 1981
  Morocco Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International