Morocco

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Economic Indicators

Economic forecasts - General economic indicators - Investments - Foreign trade

Economic forecasts

Indicators 2007 2008
GDP (USD billion) 72.764 79.709
GDP (constant prices, annual % change) 2.5 5.9
GDP per capita (USD) 2 368 2 569
Inflation rate (consumer prices, annual % change) 2.5 2

Source : IMF - World Economic Outlook Database

General economic indicators

Indicators 2004 2005 2006
GDP (USD billion)(1) 56.392 58.956 65.405
GDP (constants prices, annual % change)(1) 5.2 2.4 8
GPD per capita (USD)(1) 1889.86 1955.855 2148.912
Inflation (consumer prices, annual % change)(1) 1.5 1 3.3
Unemployment rate (%)(2)
External debt (USD billion)(3) 5047.2 5121.344 ..
Official exchange rate per USD (period average)(3) 8.868016 8.865008 8.795584

Source : (1) IMF - World Economic Outlook Database,
(2) ILO - Key Indicators of the Labour Market, (3) World Bank - World Development Indicators

GDP per activity sector 2004 2005 2006
Agriculture and fishing (%) 15.87 14.14 16.63
Industry and mining (%) 30.38 29.94 28.95
Services (%) 53.75 55.92 54.42

Source : World Bank - World Development Indicators

Investments

Foreign Direct Investments 2004 2005 2006 World rank (*)
2006
FDI inflows (USD million) 1,070 2,946 2,898 55/141

Source : UNCTAD - World Investment Report
Note : (*) World Rank = UNCTAD Inward FDI Performance Index.
It is a measure of the extend to which a host country receives inward FDI relative to its economic size.
It is calculated as a ratio of the country's share in global FDI inflows to its share in global GDP.

Foreign Trade

General indicators

Indicators (USD billion) 2004 2005 2006
Imports of goods 16.41 18.89
Exports of goods 9.92 10.69
Trade balance -6.49 -8.20
Current account 0.97 1.11

Source : World Bank - World Development Indicators

Indicators (%) 2004 2005 2006
Share of foreign trade in GDP 73.2 80.8 82.1
Share of imports of goods and services in GDP 40.0 44.3 44.3
Share of exports of goods and services in GDP 33.2 36.4 37.8
Imports of goods and services (annual % change) 9.6 7.4 -1.3
Exports of goods and services (annual % change) 3.4 8.5 8.3

Source : World Bank - World Development Indicators

Trade in goods/services by major category

2005 Imports Exports
Total Trade in Goods (USD billion): 18.89 10.69
Agricultural raw materials 3 1.7
Food products 10.9 19
Hydrocarbons 16.7 2
Manufactured products (chemicals, machines,...) 66.5 69.1
Ores and metals 2.9 8.2

Source : World Bank - World Development Indicators

2005 Imports Exports
Total Trade in Services (USD billion):
Transport 49 16.3
Tourism 20.5 62.2

Source : World Bank - World Development Indicators

Trade Data, by HS Code
Import Statistics Export Statistics

Source : www.intracen.org, last available data

Trade by partner countries

Main Customers
(% of exports)
 
France 28,40%
Spain 20,80%
United Kingdom 6,00%
Italy 4,90%
India 4,30%
Main suppliers
(% of imports)
 
France 16,50%
Spain 11,60%
Saoudi Arabia 6,80%
Italy 6,40%
China 5,40%

Source : Comtrade. 2006.

Export Entreprises SA
Last update : January 2008
Next update : October 2008