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Home >> World Economy >> Morocco Economy

Morocco Economy

Economic Indicators Economic Structure Of Morocco Export & Import Insurance Mortgage Stock
 



Morocco is a lower Middle-income country comes under Middle East and North African region, according to classification made by World Bank on the basis of income and region for the year 2006. The country has a total surface area of 446.6 thousand square kilometers as in 2004 with a forest area of 43,280.0 square kilometers.


Social Indicators:

The country has a total population of 29.8 millions as of the year 2004 with an annual percentage growth rate of 3.4. The following table shows the social indicators of the country.

Social Indicators 2000 2003 2004
Population, total 27.8 million 28.8 million 29.8 million
Population growth (annual %) 1.1 1.1 3.4
Life expectancy at birth, total (years) 68.8 69.8 70.1
Fertility rate, total (births per woman) 2.6 2.5 2.5
Mortality rate, infant (per 1,000 live births) 45.0 .. 38.2
Mortality rate, under-5 (per 1,000) 54.0 .. 42.8


Economic Indicators:

Economy of Morocco is more market oriented and possesses a liberal in structure. Its economic indicators are as follows:

Econmic Indicator 2000 2003 2004
GNI, Atlas method (current US$) 34.0 billion 39.4 billion 46.9 billion
GNI per capita, Atlas method (current US$) 1,220.0 1,370.0 1,570.0
GDP (current US$) 33.3 billion 43.8 billion 50.0 billion
GDP growth (annual %) 1.0 5.5 4.2
Inflation, GDP deflator (annual %) 1.5 -0.1 1.5