Over the course of 2012, growth in the Moroccan economy slowed, set back by a combination of unfavourable global economic trends, a volatile exchange rate, a hit to its primary sector, agriculture, and limited fiscal reform. Recession in the eurozone, Morocco’s primary trade partner, has made for weaker demand of the kingdom’s exports, and...
At the junction of multiple worlds, Morocco is characterised by diversity and complexity. The kingdom is perched on the western edge of the Arab region, on the north-west corner of Africa and is adjacent to the southern tip of Western Europe. It also sits astride both the Mediterranean Sea and the Atlantic Ocean.
Located in the westernmost region of North Africa, Morocco has an impressively diversified economy and in recent years has benefited from steady growth. The country has strong trade links with the EU and has a young population – with the median age of its roughly 32m people at 27.3 years – which in turn provides the country with a large supply of available and comparatively skilled labour.
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