Sunday November 18 2018
Morocco - Credit Rating at 53.75


Standard & Poor's credit rating for Morocco stands at BBB- with negative outlook. Moody's credit rating for Morocco was last set at Ba1 with positive outlook. Fitch's credit rating for Morocco was last reported at BBB- with stable outlook.





Tuesday November 06 2018
Morocco Interest Rate at 2.50 percent


The National Bank of Morocco kept its monetary policy rate on hold at 2.25 percent at its September 25th 2018 meeting. Policymakers noted a significant rise in the inflation rate in the first half of the year, mainly boosted by higher cost of food products and commodities. The inflation is expected to decelerate in the second half to end the year at an average of 2.1 percent while for 2019 it is expected to return to 1.2 percent. The annual core inflation rate is seen approaching 1 percent in 2018 and 1.2 percent in 2019. The Committee added that the GDP growth slowed to 3.2 percent in the first quarter of the year from a 3.5 percent expansion in the same period of the previous year and it is projected to advance 3.5 percent in 2018 and 3.1 percent in 2019.





Tuesday November 06 2018
Morocco Unemployment Rate at 10.00 percent


The unemployment rate in Morocco decreased to 10.0 percent in the third quarter of 2018 from 10.6 percent in the same period a year earlier. The number of unemployed went down by 64 thousand to 1.172 million while employed rose by 122 thousand to 10.525 million. Among sectors, jobs were added in services (+98,000); industry including handicrafts (+19,000) and agriculture, forestry and fisheries (+9,000) while construction lost jobs (-4,000). By genders, the jobless rate was lower for men (8.9 percent from 9.2 percent in Q3 2017) than for women (13.8 percent from 15.1 percent). Also, the unemployment rate remains relatively high among youth aged 15-24 (27.5 percent from 29.3 percent) and college graduates (17.1 percent from 18.2 percent).





Tuesday November 06 2018
Morocco Employment Rate at 40.50 percent


Employment Rate in Morocco decreased to 40.50 percent in the third quarter of 2018 from 42.80 percent in the second quarter of 2018.





Tuesday November 06 2018
Morocco Employed Persons at 10525.00 Thousand


The number of employed persons in Morocco decreased to 10525 Thousand in the third quarter of 2018 from 11075 Thousand in the second quarter of 2018.





Tuesday November 06 2018
Morocco Unemployed Persons at 1172.00 Thousand


The number of unemployed persons in Morocco increased to 1172 Thousand in the third quarter of 2018 from 1103 Thousand in the second quarter of 2018.





Monday November 05 2018
Ease of Doing Business in Morocco at 60.00


Morocco is ranked 60 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Morocco improved to 60 in 2018 from 69 in 2017.





Saturday November 03 2018
Morocco Exports at 21056.00 MAD Million


Exports in Morocco increased to 21056 MAD Million in September from 19902 MAD Million in August of 2018.





Saturday November 03 2018
Morocco Imports at 35790.00 MAD Million


Imports in Morocco decreased to 35790 MAD Million in September from 37944 MAD Million in August of 2018.





Saturday November 03 2018
Morocco Balance of Trade at -14734.00 MAD Million


Morocco recorded a trade deficit of 14734 MAD Million in September of 2018.