Morocco Economy

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Chapter | Economy from The Report: Morocco 2016

Although Morocco is set to see weaker GDP growth in 2016, due in large part to a poor agricultural harvest following low rainfall, a series of financial reforms and initiatives, and strong foreign investment, have positioned the country well for future gains. The kingdom has had success in its recent efforts to build up export-oriented manufacturing projects, which should take over from more...

Chapter | Country Profile from The Report: Morocco 2016

At the north-west corner of Africa, just 15 km from Europe across the Strait of Gibraltar, Morocco has a strategically important location and for centuries has been a blend of cultures. It is North Africa’s only monarchy and has one of the region’s most stable and most inclusive political systems. The country’s long tradition as an international trading centre continues, with a relatively open...

Morocco benefits from its well-developed manufacturing sector, mining industry, agricultural output, proximity to Europe, sizeable diaspora community, low labour costs and market-oriented public policy.

Grâce à de bonnes récoltes, le Maroc devrait afficher pour l’année 2015 une croissance vigoureuse ; en outre, les réformes structurelles, auxquelles s’ajoutent les projets stratégiques de diversification visant des secteurs et des régions clés, commencent également à porter leurs fruits.

 

Morocco’s trade balance improved substantially in 2014 and is set to perform better still in 2015 thanks to factors such as lower oil prices and improving conditions in major export markets, though it is set to maintain a large trade deficit for the foreseeable future. Levels of inward foreign direct investment (FDI) have grown substantially...

 

In line with a global trend to increase private sector activity in infrastructure development, Morocco is now host to several major public-private partnership (PPP) projects, including the kingdom’s largest power station and port at Jorf Lasfar and Tanger-Med, respectively. PPP success has left the government keen to boost the number of such...

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