Morocco

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Chapter | Insurance from The Report: Morocco 2020

In recent years Morocco’s insurance sector has consolidated its strong position, with the growing middle class, tax advantages...

Chapter | Capital Markets from The Report: Morocco 2020

Macroeconomic stability, a thriving private sector, and a pivotal location bridging Europe and Africa have helped cement Morocco...

Chapter | Banking from The Report: Morocco 2020

In recent years Morocco’s banking sector has experienced a period of consolidation at home and expansion abroad following a...

Chapter | Economy from The Report: Morocco 2020

Supported by a favourable geographic location between Africa and Europe, vast array of natural resources and improved business environment,...

Chapter | Country Profile from The Report: Morocco 2020

Morocco is often described as the gateway to Africa, an apt description given its proximity to Europe and its geographic location at the north-eastern tip of the continent. Morocco's economy has traditionally been dominated by agriculture, which is one of the most strategically important sectors. Despite its significant economic weight, the agriculture sector's performance is highly dependent...

Although a slowdown in international trade made 2019 a leaner year for Morocco, real GDP growth decreased only slightly to 2.7%, from 3% in 2018, according to the IMF. This trend is expected to be reversed in 2020, with the national authorities and the IMF forecasting growth will accelerate to 3.5% and 3.7%, respectively.

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