Markets Actual Q2 Q3 Q4 Q1 2020
Stock Market (points) 11291.33 10923 10846 10770 10695 10545
Currency 9.64 9.74 9.77 9.81 9.84 9.91
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 2.90 2.4 2.6 2.9 3.1 3.3
Unemployment Rate (%) 10.00 9.4 10.1 9.7 9.9 9.5
Inflation Rate (%) 0.20 0.3 0.6 0.6 0.9 1.1
Interest Rate (%) 2.25 2.25 2.25 2 2 2
Balance of Trade (MAD Million) -18708.00 -16083 -16010 -15986 -15986 -15977
Current Account to GDP (%) -5.20 -4.1 -4.1 -4.1 -3.4 -3.4
Government Debt to GDP (%) 63.00 65 65 65 67 67
Government Budget (% of GDP) -3.70 -3.6 -3.6 -3.6 -3.5 -3.5
Corporate Tax Rate (%) 31.00 31 31 31 31 31
Personal Income Tax Rate (%) 38.00 38 38 38 38 38
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 2.90 2.4 2.6 2.9 3.1 3.3
GDP (USD Billion) 109.14 112 112 112 114 114
GDP Constant Prices (MAD Million) 252030.90 244188 248732 259340 259844 267898
Gross Fixed Capital Formation (MAD Million) 302226.00 305853 306155 310991 311595 321253
GDP per capita (USD) 3292.40 3344 3344 3344 3361 3361
GDP per capita PPP (USD) 7485.01 7471 7533 7533 7603 7603
GDP From Agriculture (MAD Million) 30746.50 32703 31929 31638 31700 32682
GDP From Construction (MAD Million) 11902.30 11830 12092 12247 12271 12652
GDP From Mining (MAD Million) 3833.10 3655 3754 3944 3952 4074
GDP From Public Administration (MAD Million) 20404.60 20589 20426 20996 21037 21689
GDP From Services (MAD Million) 29446.00 29243 29510 30300 30359 31300
GDP From Transport (MAD Million) 9278.00 9036 9339 9547 9566 9862
GDP From Utilities (MAD Million) 5664.60 5120 5448 5829 5840 6021
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 10.00 9.4 10.1 9.7 9.9 9.5
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 0.20 0.3 0.6 0.6 0.9 1.1
Consumer Price Index CPI (Index Points) 120.20 121 121 121 121 122
Producer Prices (Index Points) 111.20 107 107 107 107 107
Food Inflation (%) -1.90 2.6 2.56 2.5 2.5 3
CPI Transportation (Index Points) 112.30 113 114 111 112 112
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 2.25 2.25 2.25 2 2 2
Money Supply M2 (MAD Million) 1006665.00 1024999 1037567 1050152 1050152 1100089
Deposit Interest Rate (%) 3.10 3.1 3.1 2.85 2.85 2.85
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (MAD Million) -18708.00 -16083 -16010 -15986 -15986 -15977
Current Account to GDP (%) -5.20 -4.1 -4.1 -4.1 -3.4 -3.4
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 63.00 65 65 65 67 67
Government Budget (% of GDP) -3.70 -3.6 -3.6 -3.6 -3.5 -3.5
Government Spending (MAD Million) 201198.00 203612 203814 207033 207435 213865
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 31.00 31 31 31 31 31
Personal Income Tax Rate (%) 38.00 38 38 38 38 38
Sales Tax Rate (%) 20.00 20 20 20 20 20
Social Security Rate For Companies (%) 18.50 18.5 18.5 18.5 18.5 18.5
Business Actual Q2 Q3 Q4 Q1 2020
Industrial Production (%) 2.70 2.3 2.6 3 3.2 3.4
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Spending (MAD Million) 610693.00 618021 618632 628403 629624 649140


This page has economic forecasts for Morocco including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Morocco economy.