Morocco: Economy

Economic Trivia

Morocco is the world's third-largest producer of phosphorus.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): Spain, France, and China
Top 3 Exported Goods (2015): Electrical Machinery, Motor Vehicles & Parts, and Apparel: Non Knit

Top Industries Source: CIA World Factbook

Phosphate Rock Mining and Processing; Food Processing; Leather Goods; Textiles

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $273,358,206,500 (2015)
GDP Growth Rate (annual %) 4.4% (2015)
GDP Per Capita, PPP (current international) $7,821 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 55/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.558% (2015)
External debt stocks, total (DOD, current US$) $42,771,806,000 (2014)
Total tax rate (% of commercial profits) 49.1% (2015)
Real Interest Rate (5 year average %) -1.949% (2012)
Manufacturing, value added (% of GDP) 18.195% (2014)
Current Account Balance (BoP, current US$) ($1,923,286,073) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 12,498,273 (2014)
Employment in Agriculture (% of total employment) 39.2% (2012)
Employment in Industry (% of total employment) 21.4% (2012)
Employment in Services (% of total employment) 39.4% (2012)
Unemployment Rate 10.2% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $51,287,248,849 (2014)
Exports of goods and services (current US$) $37,692,563,910 (2014)
Total Merchandise Trade (% of GDP) 63.172% (2014)
FDI, net inflows (BoP, current US$) $3,160,038,376 (2015)
Commercial Service Exports (current US$) $13,935,131,503 (2013)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Morocco’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary