Manufacturing production in Morocco jumped 19.9 percent year-on-year in the second quarter of 2021, the strongest growth since at least 2000, benefiting from low base effects from the Covid-19 shock last year when output plunged 21.4 percent. Output increased in all categories, primarily for metallurgy (98.3 percent), automotive products (85.3 percent), rubber & plastic (79 percent), electronic industry (69 percent), textiles (44.3 percent), clothing (48.9 percent) and leather (32.5 percent). source: Haut Commissariat au Plan
Industrial Production in Morocco averaged 2.44 percent from 2000 until 2021, reaching an all time high of 9.40 percent in the first quarter of 2000 and a record low of -21.40 percent in the second quarter of 2020. This page provides - Morocco Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Industrial Production in Morocco is expected to be 30.00 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 1.60 in 12 months time. In the long-term, the Morocco Manufacturing Production is projected to trend around 2.60 percent in 2022 and 3.20 percent in 2023, according to our econometric models.