Morocco GDP Annual Growth Rate  1999-2018 | Data | Chart | Calendar

The economy of Morocco advanced 2.9 percent year-on-year in the first quarter of 2018, below 3.9 percent in the previous period and 3.8 percent a year earlier, preliminary figures showed. Agriculture declined 0.5 percent amid lower production of citrus fruits, vegetables and certain industrial crops. The non-farm sector expanded 3.2 percent, mainly boosted by trade, transport and tourism. Travel receipts increased 18.3 percent and overnight stays 9.9 percent. For Q2 2018, the economy is seen growing 3 percent, below 4.2 percent a year earlier because of lower agricultural output. GDP Annual Growth Rate in Morocco averaged 4.11 percent from 1999 until 2018, reaching an all time high of 9.30 percent in the second quarter of 2006 and a record low of 0.50 percent in the fourth quarter of 1999.

Morocco GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-02 05:15 PM GDP Growth Rate YoY 3.8% 4.8% 4.2%
2018-01-02 05:15 PM GDP Growth Rate YoY 3.9% 3.8% 5.80%
2018-04-16 09:30 AM GDP Growth Rate YoY 2.9% 3.9% 3.5%
2018-08-03 03:15 PM GDP Growth Rate YoY 2.9% 3%
2018-11-30 03:15 PM GDP Growth Rate YoY 3.3%


Morocco GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.90 3.90 9.30 0.50 percent [+]
GDP Annual Growth Rate 2.90 3.90 9.30 0.50 percent [+]
GDP 109.14 103.61 109.88 2.03 USD Billion [+]
GDP Constant Prices 238482.00 244027.40 244027.40 158924.80 MAD Million [+]
Gross Fixed Capital Formation 306910.00 281492.00 306910.00 690.00 MAD Million [+]
GDP per capita 3292.40 3204.90 3292.40 815.50 USD [+]
GDP per capita PPP 7485.01 7285.90 7485.01 3863.40 USD [+]
Gdp From Agriculture 31342.00 29875.70 31958.00 16216.00 MAD Million [+]
Gdp From Construction 11654.00 11795.40 11959.00 5702.00 MAD Million [+]
Gdp From Mining 3822.00 3761.10 3935.80 1782.00 MAD Million [+]
Gdp From Public Administration 19947.00 19338.20 19947.00 9822.00 MAD Million [+]
Gdp From Services 28639.00 28727.10 28727.10 14080.00 MAD Million [+]
Gdp From Transport 8786.00 9359.20 9359.20 6177.00 MAD Million [+]
Gdp From Utilities 5076.00 5281.90 6018.00 3740.70 MAD Million [+]


Morocco GDP Annual Growth Rate

Morocco is the sixth largest economy in Africa. The Services sector is the most important and accounts for 54 percent to total GDP. The biggest segments within Services are: wholesale and retail trade (9 percent of total GDP); public administration (9 percent); transport (4 percent); and hotels and restaurants (2 percent). Industry accounts for 23 percent of the GDP and the largest segments within this sector are: manufacturing (15 percent of total GDP); construction (5 percent); electricity and water supply (2 percent); and mining (2 percent). The Agriculture sector accounts for 13 percent of GDP. This page provides the latest reported value for - Morocco GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Morocco GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.90 9.30 0.50 1999 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.70 Jun/18
Indonesia 5.06 Mar/18
Australia 3.10 Mar/18
Spain 3.00 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
United States 2.80 Mar/18
Euro Area 2.50 Mar/18
Canada 2.30 Mar/18
Germany 2.30 Mar/18
France 2.20 Mar/18
Switzerland 2.20 Mar/18
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
Brazil 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 1.10 Mar/18


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