The Gross Domestic Product (GDP) in Morocco expanded 1.10 percent in the third quarter of 2019 over the previous quarter.
GDP Growth Rate in Morocco averaged 1.77 percent from 1999 until 2019, reaching an all time high of 9.30 percent in the second quarter of 2006 and a record low of -3.80 percent in the first quarter of 2016. This page provides the latest reported value for - Morocco GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Morocco GDP Growth Rate - values, historical data and charts - was last updated on August of 2020. source: Haut Commissariat au Plan
GDP Growth Rate in Morocco is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Morocco to stand at -2.10 in 12 months time. In the long-term, the Morocco GDP Growth Rate is projected to trend around 3.00 percent in 2021 and 3.10 percent in 2022, according to our econometric models.