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

The economy of Morocco advanced 3.9 percent year-on-year in the last three months of 2017, following a 3.8 percent expansion in the previous quarter. Growth was mainly boosted by a 14.2 percent jump in agriculture amid lower crop prices and higher local supply for wheat and lentils. The non-farm sector went up 2.8 percent, mainly due to services and mining. In the first quarter of 2018, the economy is expected to expand at a softer 2.6 percent amid a slowdown in agricultural output. GDP Annual Growth Rate in Morocco averaged 4.14 percent from 1999 until 2017, 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
2017-08-03 03:15 PM GDP Growth Rate YoY 4.8% 3.8% 4.3%
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%
2018-04-05 08:30 AM GDP Growth Rate YoY 3.9% 4.10%
2018-08-03 03:15 PM GDP Growth Rate YoY 4%
2018-11-30 03:15 PM GDP Growth Rate YoY 4.10%


Morocco GDP Last Previous Highest Lowest Unit
GDP Growth Rate 3.90 3.80 9.30 0.50 percent [+]
GDP Annual Growth Rate 3.90 3.80 9.30 0.50 percent [+]
GDP 101.45 100.59 109.88 2.03 USD Billion [+]
GDP Constant Prices 239277.20 235890.00 239277.20 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 30520.10 31527.00 31958.00 16216.00 MAD Million [+]
Gdp From Construction 11959.00 11586.10 11959.00 5702.00 MAD Million [+]
Gdp From Mining 3646.80 3935.80 3935.80 1782.00 MAD Million [+]
Gdp From Public Administration 19085.70 19280.70 19280.70 9822.00 MAD Million [+]
Gdp From Services 28525.80 28059.90 28525.80 14080.00 MAD Million [+]
Gdp From Transport 9208.20 8684.90 9208.20 6177.00 MAD Million [+]
Gdp From Utilities 4977.70 4894.10 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.80 9.30 0.50 1999 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Dec/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
France 2.30 Sep/17
United States 2.30 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
United Kingdom 1.70 Sep/17
Mexico 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17


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