Markets Actual Q1/26 Q2/26 Q3/26 Q4/26
Stock Market (points) 18337.30 18021 17331 16864 16408
Currency 9.13 9.15 9.1 9.06 9.02

Overview Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Annual Growth Rate (%) 4.00 4.6 4.2 3.9 4.2
Unemployment Rate (%) 13.00 13.3 12.8 13.1 13.1
Inflation Rate (%) -0.30 1.3 0.7 0.5 0.6
Interest Rate (%) 2.25 2 1.75 1.75 1.75
Consumer Confidence (points) 57.60 48 47 51 52
Current Account to GDP (% of GDP) -1.60 -2
Government Debt to GDP (% of GDP) 70.00 68
Government Budget (% of GDP) -3.90 -3.4

GDP Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Annual Growth Rate (%) 4.00 4.6 4.2 3.9 4.2
GDP Constant Prices (MAD Million) 339324.00 344150 347835 352558 353576
GDP from Mining (MAD Million) 6347.00 6535 6820 6595 6614
GDP from Utilities (MAD Million) 8545.00 8404 8280 8878 8904
GDP from Transport (MAD Million) 9407.00 9666 9884 9774 9802
GDP from Construction (MAD Million) 17457.00 17538 17777 18138 18190
GDP from Agriculture (MAD Million) 27032.00 28812 28566 28086 28167
GDP from Public Administration (MAD Million) 36341.00 37303 37403 37758 37867
GDP from Services (MAD Million) 192020.00 194946 197580 199509 200085
GDP (USD Billion) 154.43 161
Gross Fixed Capital Formation (MAD Million) 422496.00 440241
GDP per Capita (USD) 3478.99 3625
Full Year GDP Growth (%) 3.20 4.2

Labour Actual Q1/26 Q2/26 Q3/26 Q4/26
Unemployment Rate (%) 13.00 13.3 12.8 13.1 13.1
Population (Million) 37.71 38.1

Prices Actual Q1/26 Q2/26 Q3/26 Q4/26
Inflation Rate (%) -0.30 1.3 0.7 0.5 0.6
Consumer Price Index CPI (points) 118.70 121 120 121 119
Food Inflation (%) -1.50 2.1 1 0.4 1.3
CPI Housing Utilities (points) 109.60 111 110 110 110
CPI Transportation (points) 115.70 115 116 116 116
Inflation Rate MoM (%) -0.10 -0.2 0.5 0.3 -0.3
Core Inflation Rate (%) 0.80 0.7 1.1 1.3 1.3

Money Actual Q1/26 Q2/26 Q3/26 Q4/26
Interest Rate (%) 2.25 2 1.75 1.75 1.75

Business Actual Q1/26 Q2/26 Q3/26 Q4/26
Industrial Production (%) 2.20 3.6 3.6 3.6 3.6

Consumer Actual Q1/26 Q2/26 Q3/26 Q4/26
Consumer Confidence (points) 57.60 48 47 51 52
Consumer Spending (MAD Million) 945594.00 985309

Trade Actual Q1/26 Q2/26 Q3/26 Q4/26
Current Account to GDP (% of GDP) -1.60 -2

Government Actual Q1/26 Q2/26 Q3/26 Q4/26
Government Debt to GDP (% of GDP) 70.00 68
Government Budget (% of GDP) -3.90 -3.4