The Gross Domestic Product (GDP) in Morocco expanded 1.10 percent in the third quarter of 2019 over the previous quarter. source: Haut Commissariat au Plan

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 November of 2020.

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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Morocco GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.10 0.90 9.30 -3.80 1999 - 2019 percent Quarterly

Morocco GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 0.90 9.30 -3.80 percent [+]
GDP Annual Growth Rate -14.90 0.10 9.30 -14.90 percent [+]
GDP 118.73 117.92 118.73 2.03 USD Billion [+]
GDP Constant Prices 211598.00 246853.00 256864.00 158924.80 MAD Million [+]
Gross Fixed Capital Formation 318567.00 314963.00 318567.00 690.00 MAD Million [+]
GDP per capita 3396.10 3361.20 3396.10 815.40 USD [+]
GDP From Agriculture 28605.00 28295.00 32315.30 15878.60 MAD Million [+]
GDP From Construction 9898.00 12105.00 12148.00 5702.00 MAD Million [+]
Gdp From Manufacturing 26654.00 34639.00 36039.00 23979.80 MAD Million [+]
GDP From Mining 3869.00 4026.00 4042.00 1633.10 MAD Million [+]
GDP From Public Administration 21988.00 21656.00 21988.00 9822.00 MAD Million [+]
GDP From Services 26085.00 30474.00 30963.00 14080.00 MAD Million [+]
GDP From Transport 4262.00 9150.00 9558.00 4262.00 MAD Million [+]
GDP From Utilities 5233.00 5910.00 6118.00 3135.30 MAD Million [+]


Morocco GDP Growth Rate
Morocco is the sixth largest economy in Africa. The Services sector is the most important and accounts for 54 percent to total GDP. The biggest segments within Services are: wholesale and retail trade (9 percent of total GDP); public administration (9 percent); transport (4 percent); and hotels and restaurants (2 percent). Industry accounts for 23 percent of the GDP and the largest segments within this sector are: manufacturing (15 percent of total GDP); construction (5 percent); electricity and water supply (2 percent); and mining (2 percent). The Agriculture sector accounts for 13 percent of GDP.