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Morocco - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
51.598  
54.422  
Real GDP growth (constant prices)
1.0 % 
5.9 %
GDP per capita (USD)
1711.742  
1788.086  
Inflation rate
2.0 % 
2.0 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 36.1   43.7   50.1  
Real GDP growth (constant prices) 3.2 % 5.2 % 3.5 %
GDP per capita (USD) 1234   1278   1302  
Inflation rate 2.8 % 1.2 % .. %
Unemployment rate 11.6%   11.9%   12.1%  
External debt (USD billion) 18   19   ..  
Dirham rate on 12/31 (1 US$)   10.418   9.0426   8.2436  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 16.1%   16.8%   16.7%  
Industry and mining 30.3%   29.6%     29.8%  
Services 53.6%   53.6%     53.5%  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 481   2314   853   68 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 10.9   13.1   ..  
Export of goods (f.o.b) 7.8   8.8   ..  
Trade balance -3.1   -4.3   ..  
Balance of payments 1.5   1.6   1.4  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 70.7%   68.7%   69.4%  
Share of imports in GDP 36.9%   36.4%   37.9%  
Share of exports in GDP 33.8%   32.3%   31.5%  
Imports of goods and services (percent change) 5.6%   7.4%   5.8%  
Exports of goods and services (percent change) 6.3%   0.6%   2.6%  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     13.1     8.8    
Agricultural raw materials 3%   2%  
Food products 11%   21%  
Hydrocarbons 16%   1%  
Manufactured products (chemicals, machines,...) 67%   69%  
Ores and metals 3%   7%  
Other goods 0%   0%  


2003 Imports Exports
Total Trade in Services (USD billion): 3   5  
Transport 48%   18%  
Tourisme 23%   63%  
Other services (insurance, financial services, telecommunications,...) 29%   19%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
France   33.1%  
Spain   17.4%  
United Kingdom   7.7%  
Italy   4.7%  
USA   4.1%  

Main suppliers
(% of imports)
2004
France   17.9%  
Spain   12.1%  
Italy   6.6%  
Germany   6%  
Russian Federation   5.7%  
Source : COMTRADE


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Last modified in October 2005
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