Imports$40.39 billion (2011 est.)
Exports$20.99 billion (2011 est.)
Inflation rate (consumer prices)1.4% (2011 est.)
Unemployment rate8.9% (2011 est.)
GDP - per capita (PPP)$5,100 (2011 est.)
National product real growth rate4.2% (2010 est.)
Internet users13.213 million (2009)
Telephones - mobile cellular31.928 million (2009)
Population growth rate1.054% (2012 est.)
Population32,309,239 (July 2012 est.)
In 788, about a century after the Arab conquest of North Africa, a series of Moroccan Muslim dynasties began to rule in Morocco.
In the 16th century, the Sa'adi monarchy, particularly under Ahmad AL-MANSUR (1578-1603), repelled foreign invaders and inaugurated a golden age.
The Alaouite dynasty, to which the current Moroccan royal family belongs, dates from the 17th century....
Morocco's market economy benefits from the country's relatively low labor costs and proximity to Europe, which aid key areas of the economy such as agriculture, light manufacturing, tourism, and remittances.
Morocco is also the world's largest exporter of phosphate, which has long provided a source of export earnings and economic stability.
Economic policies pursued since 2003 by King MOHAMMED VI have brought macroeconomic stability to the country with generally low inflation, improved financial performance, and steady progress in developing the service and industrial sectors....
The Economist Intelligence Unit
Social tensions, resulting from high joblessness and unpopular fiscal austerity measures, will result in occasional protests and strikes. There is also a persistent risk of domestic attacks by Islamist ...
This report contains detailed forecasts and analysis for Morocco, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...
GDP growth is forecast to subside to 2.1% this year from 4.4% in 2015, dulled by a much weaker agricultural sector after last year's record harvest. Nevertheless, Morocco's fortunes have been boosted by ...