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Morocco

Morocco : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$40.39 billion (2011 est.)
$32.65 billion (2010 est.)

Exports

$20.99 billion (2011 est.)
$17.58 billion (2010 est.)

Inflation rate (consumer prices)

1.4% (2011 est.)
1% (2010 est.)

Unemployment rate

8.9% (2011 est.)
9.1% (2010 est.)

GDP - per capita (PPP)

$5,100 (2011 est.)
$5,000 (2010 est.)
$4,800 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

4.2% (2010 est.)
4.9% (2009 est.)
5.6% (2008 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.)

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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Morocco

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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The Economist Intelligence Unit

Country Forecast Morocco April 2016 Updater

Country Forecast Morocco April 2016 Updater

  • $ 635
  • Country report
  • April 2016
  • by 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 ...

  • Countries : Morocco

Dun and Bradstreet (Altares)

D&B Country Insight Report: Morocco

D&B Country Insight Report: Morocco

  • $ 650
  • Country report
  • May 2016
  • by Dun and Bradstreet (Altares)

Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country’s overall political, ...

  • Countries : World, Morocco

ISA

Morocco - ISA Country Report

Morocco - ISA Country Report

  • $ 99
  • Country report
  • June 2016
  • by ISA

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 ...

  • Countries : Morocco

Oxford Economics

Country Economic Forecasts > Morocco

Country Economic Forecasts > Morocco

  • $ 185
  • Country report
  • March 2016
  • by Oxford Economics

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 ...

  • Countries : Morocco, Europe

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