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.

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Calendar	GMT		Actual	Previous	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			4.10%

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	101.45	100.59	109.88	2.03	USD Billion	[+]
GDP Constant Prices	244027.40	239277.20	244027.40	158924.80	MAD Million	[+]
Gross Fixed Capital Formation	306910.00	281492.00	306910.00	690.00	MAD Million	[+]
GDP per capita	3196.00	3204.80	3204.80	815.50	USD	[+]
GDP per capita PPP	7265.80	7285.70	7285.70	3863.40	USD	[+]
Gdp From Agriculture	29875.70	30520.10	31958.00	16216.00	MAD Million	[+]
Gdp From Construction	11795.40	11959.00	11959.00	5702.00	MAD Million	[+]
Gdp From Mining	3761.10	3646.80	3935.80	1782.00	MAD Million	[+]
Gdp From Public Administration	19338.20	19085.70	19338.20	9822.00	MAD Million	[+]
Gdp From Services	28727.10	28525.80	28727.10	14080.00	MAD Million	[+]
Gdp From Transport	9359.20	9208.20	9359.20	6177.00	MAD Million	[+]
Gdp From Utilities	5281.90	4977.70	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 April of 2018.

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

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GDP annual growth rate by Country

Country	Last		Previous	Highest	Lowest
Turkey	7.30	Dec/17	11.3	11.7	-14.4	%	Quarterly
India	7.20	Dec/17	6.5	11.4	-5.2	%	Quarterly
China	6.80	Mar/18	6.8	15.4	3.8	%	Quarterly
Indonesia	5.19	Dec/17	5.06	7.16	1.56	%	Quarterly
Spain	3.10	Dec/17	3.1	5.6	-4.3	%	Quarterly
Canada	2.90	Dec/17	3	8.8	-4.1	%	Quarterly
Germany	2.90	Dec/17	2.7	7.2	-6.8	%	Quarterly
Netherlands	2.90	Dec/17	3	6.1	-4.9	%	Quarterly
South Korea	2.80	Dec/17	3.8	20.8	-7.3	%	Quarterly
Euro Area	2.70	Dec/17	2.7	5	-5.5	%	Quarterly
United States	2.60	Dec/17	2.3	13.4	-4.1	%	Quarterly
France	2.50	Dec/17	2.3	12.5	-3.8	%	Quarterly
Australia	2.40	Dec/17	2.9	9	-3.5	%	Quarterly
Brazil	2.10	Dec/17	1.4	10.1	-5.6	%	Quarterly
Japan	2.00	Dec/17	1.9	9.4	-8.8	%	Quarterly
Switzerland	1.90	Dec/17	1.2	5.8	-3.4	%	Quarterly
Italy	1.60	Dec/17	1.7	10.3	-7.2	%	Quarterly
Mexico	1.50	Dec/17	1.6	9	-9.1	%	Quarterly
United Kingdom	1.40	Dec/17	1.8	9.7	-5.9	%	Quarterly
Russia	0.90	Dec/17	2.2	12.1	-11.2	%	Quarterly