Morocco Crude Oil Production  Forecast


Crude Oil Production in Morocco is expected to be 0.20 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Morocco to stand at 0.20 in 12 months time. In the long-term, the Morocco Crude Oil Production is projected to trend around 0.20 BBL/D/1K in 2020, according to our econometric models.


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Morocco Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -15396 -15562 -15339 -15119 -14908 -13353
Exports 17578 17374 17130 16893 16666 14991
Imports 32974 33069 32783 32511 32247 30129
Current Account -24153 -17721 -11834 -20870 -9826 -15274
Current Account to GDP -4.2 -3.7 -3.2 -3.2 -4.17 -2.5
Capital Flows -20786 -12937 -6966 -11148 -6314 -2465
Tourist Arrivals 10331731 10318500 10229875 10141250 10052625 9506800
Gold Reserves 22.05 22.04 22.04 22.04 22.04 22.03
Terrorism Index 0.89 2.66 2.75 2.83 2.92 2.26
Crude Oil Production 0.2 0.2 0.2 0.2 0.2 0.2
Foreign Direct Investment 9264 6175 6064 5903 5473 5349
External Debt 480294 494802 495175 494682 493370 462342