Manufacturing production in Morocco increased 1.6 percent from a year ago in the third quarter of 2019, slowing from an upwardly revised 2.6 percent rise in the previous period. It was the smallest gain in factory activity since the second quarter of 2016. Higher production of electrical equipment (13.5 percent); pharmaceuticals (7.6 percent), furnishings (7.1 percent) and garments (6 percent) was partly offset by declines in leather & footwear (-7.9 percent) and metallic products (-5.2 percent). Industrial Production in Morocco averaged 2.90 percent from 2000 until 2019, reaching an all time high of 9.40 percent in the first quarter of 2000 and a record low of -4.40 percent in the fourth quarter of 2008. source: Haut Commissariat au Plan

Industrial Production in Morocco is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Morocco to stand at 2.60 in 12 months time. In the long-term, the Morocco Manufacturing Production is projected to trend around 3.50 percent in 2020, according to our econometric models.

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Morocco Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
1.60 2.60 9.40 -4.40 2000 - 2019 percent Quarterly
NSA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2019-03-14 12:10 PM Manufacturing Production YoY Q4 3.6% 3% 1.4%
2019-06-14 09:15 AM Manufacturing Production YoY Q1 2.7% 3.6% 4.0%
2019-09-17 09:45 AM Manufacturing Production YoY Q2 2.0% 2.7% 2.5%
2019-12-13 11:25 AM Manufacturing Production YoY Q3 1.6% 2.6% 2.8%
2020-03-13 12:10 PM Manufacturing Production YoY Q4 1.6% 3%


News Stream
2019-09-17
Morocco Factory Output Growth at Near 2-Year Low
Manufacturing production in Morocco increased 2.0 percent from a year ago in the second quarter of 2019, down from a 2.7 percent rise in the previous period. It was the smallest gain in factory activity since the third quarter of 2017, as output growth slowed considerably for chemicals (2.1% vs 7.2% in Q1); textiles (1.3% vs 3.7%); apparel (6.5% vs 10.4%). In addition, production declined for metal products (-2.3% vs -12.1%); other non-metallic products (-3.3% vs 5.3%); leather, shoes & travel articles (-6.1% vs -1.4%); medical, precision & optical products (-9.6% vs 0.7%) and wood products (-12.1% vs -1.5%). Meanwhile, main gains were recorded for automotive products (10.9% vs 1.5%); food (5% vs 0.2%) and paper and cardboard (17.3% vs -0.5%).

2019-06-14
Morocco Factory Output Growth at Over 1-Year Low
Manufacturing production in Morocco increased 2.7% year-on-year in the first quarter of 2019, down from a 3.6% rise in the previous period. It was the smallest gain in factory activity since the fourth quarter of 2017. Output growth slowed significantly for food (0.2% vs 2.2 percent in Q4); automotive products (1.5% vs 10.8%) and medical, precision & optical products (0.7% vs 5%). In addition, production fell for metal products (-13.1% vs 2.9%); machinery and electrical appliances (-2.3% vs 15.5%); tobacco (-0.7% vs 4%); other transport equipment (-3.8% vs 8.9%); leather, shoes and travel articles (-1.4% vs -27.4%); wood products (-1.5% vs -4.3%) and printing products (-1% vs 12.3%). Conversely, main gains were posted by apparel (10.4% vs 7.8%) and metallic products (12.1% vs -10.1%).

2019-03-14
Morocco Manufacturing Output Rises 3.6% YoY in Q4
Manufacturing production in Morocco increased 3.6 percent year-on-year in the fourth quarter of 2018, up from a 3 percent rise in the previous period. It was the biggest increase in factory output since the third quarter of 2016. Output grew significantly for machinery and electrical devices (15.5 percent vs 10.9 percent in Q3); printing products (12.3 percent vs 4.5 percent); automotive products (10.8 percent vs 6.9 percent) and other transport equipment (8.9 percent vs 4.6 percent). Meanwhile, production slowed for chemicals (3.4 percent vs 9.8 percent). Considering the full year of 2018, manufacturing output grew 3.2 percent over a year ago.


Morocco Manufacturing Production
In Morocco, industrial production measures the output of businesses integrated in the manufacturing sector of the economy.

Morocco Business Last Previous Highest Lowest Unit
Industrial Production 1.60 2.60 9.40 -4.40 percent [+]
Changes in Inventories 56051.00 44284.00 56051.00 -1990.00 MAD Million [+]
Internet Speed 5168.47 5191.46 5191.46 1138.50 KBps [+]
IP Addresses 3732705.00 3547224.00 3732705.00 214821.00 IP [+]
Mining Production -1.10 7.00 33.00 -10.90 percent [+]
Competitiveness Index 60.01 58.49 60.01 4.03 Points [+]
Competitiveness Rank 75.00 75.00 77.00 64.00 [+]
Ease of Doing Business 53.00 60.00 130.00 53.00 [+]
Corruption Index 43.00 40.00 47.00 32.00 Points [+]
Corruption Rank 73.00 81.00 91.00 37.00 [+]