Markets Actual Q3/25 Q4/25 Q1/26 Q2/26
Currency 9.06 9.09 9.11 9.13 9.16
Stock Market (points) 20088.14 19962 19835 19710 19586

Overview Actual Q3/25 Q4/25 Q1/26 Q2/26
GDP Annual Growth Rate (%) 4.80 5 4.4 3.9 4.2
Unemployment Rate (%) 12.80 13.5 13.3 13 12.8
Inflation Rate (%) 0.50 0.9 1 1.7 2.2
Interest Rate (%) 2.25 2.25 2.25 2 2
Consumer Confidence (points) 46.60 45.5 47 46.7 47.5
Current Account to GDP (% of GDP) -2.80 -1.8
Government Debt to GDP (% of GDP) 70.00 69
Government Budget (% of GDP) -3.90 -3.6

GDP Actual Q3/25 Q4/25 Q1/26 Q2/26
GDP Annual Growth Rate (%) 4.80 5 4.4 3.9 4.2
GDP Constant Prices (MAD Million) 329015.00 342672 344709 341847 342834
GDP from Agriculture (MAD Million) 27544.80 27187 26914 28619 28702
GDP from Construction (MAD Million) 16767.00 17359 17361 17421 17471
GDP from Mining (MAD Million) 6248.00 6334 6262 6492 6510
GDP from Public Administration (MAD Million) 35663.00 36410 36691 37054 37161
GDP from Services (MAD Million) 186373.00 193238 194543 193642 194201
GDP from Transport (MAD Million) 9241.00 9543 9660 9601 9629
GDP from Utilities (MAD Million) 8034.00 8472 8521 8347 8371
GDP (USD Billion) 154.43 161
Gross Fixed Capital Formation (MAD Million) 422496.00 441086
GDP per Capita (USD) 3478.99 3632
Full Year GDP Growth (%) 3.20 4.4

Labour Actual Q3/25 Q4/25 Q1/26 Q2/26
Unemployment Rate (%) 12.80 13.5 13.3 13 12.8
Population (Million) 37.37 37.5

Prices Actual Q3/25 Q4/25 Q1/26 Q2/26
Inflation Rate (%) 0.50 0.9 1 1.7 2.2
Consumer Price Index CPI (points) 119.40 121 120 122 122
Food Inflation (%) 0.90 1.8 2.4 3 2.6
Inflation Rate MoM (%) -0.10 0.1 -0.3 0.2 0.3
CPI Housing Utilities (points) 109.30 110 110 111 112
CPI Transportation (points) 116.90 117 117 117 117
Core Inflation Rate (%) 0.90 1.6 2.2 2 1.7

Money Actual Q3/25 Q4/25 Q1/26 Q2/26
Interest Rate (%) 2.25 2.25 2.25 2 2

Business Actual Q3/25 Q4/25 Q1/26 Q2/26
Industrial Production (%) 3.20 3 5 3.6 3.6

Consumer Actual Q3/25 Q4/25 Q1/26 Q2/26
Consumer Confidence (points) 46.60 45.5 47 46.7 47.5
Consumer Spending (MAD Million) 945594.00 987200

Trade Actual Q3/25 Q4/25 Q1/26 Q2/26
Current Account to GDP (% of GDP) -2.80 -1.8

Government Actual Q3/25 Q4/25 Q1/26 Q2/26
Government Debt to GDP (% of GDP) 70.00 69
Government Budget (% of GDP) -3.90 -3.6