Imports
$40.39 billion (2011 est.)Exports
$20.99 billion (2011 est.)Inflation rate (consumer prices)
1.4% (2011 est.)Unemployment rate
8.9% (2011 est.)GDP - per capita (PPP)
$5,100 (2011 est.)National product real growth rate
4.2% (2010 est.)Internet users
13.213 million (2009)Telephones - mobile cellular
31.928 million (2009)Population growth rate
1.054% (2012 est.)Population
32,309,239 (July 2012 est.)About this country
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Historical background
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.
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Economic overview
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.
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Risk Update An IMF review is broadly positive but warns of external risks. Report Summary This D&B Country RiskLine Report will help you analyze the risks, opportunities and likely payment delays when ...
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The book assesses the current policy context for young enterprises in the MENA region and outlines policy tools and instruments, both indirect and direct, that governments can implement to support new ...
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