Morocco GDP Annual Growth Rate  1999-2017 | Data | Chart | Calendar

Morocco's economy grew 4.3 percent year-on-year in the first quarter of 2017 compared with 1.7 percent in the same period a year earlier, as agricultural output rebounded sharply by 12.9 percent (-9 percent in Q1 2016). Excluding agriculture, the GDP increased 3 percent (2.3 percent in Q1 2016), driven by the activities of the tertiary sector, in particular trade and transport activities, and tourism. Also, the secondary sector grew 2.9 percent, mainly boosted by mining production (11.8 percent from 5.4 percent in Q1 2016); while output slowed for manufacturing (2.4 percent from 2.8 percent in Q1 2016) and construction (0.8 percent from 2.3 percent). Morocco's planning agency said second quarter growth for 2017 was seen at 4.6 percent. GDP Annual Growth Rate in Morocco averaged 4.14 percent from 1999 until 2017, reaching an all time high of 9.30 percent in the second quarter of 2006 and a record low of 0.50 percent in the fourth quarter of 1999.

Morocco GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-03 02:00 PM Q3 1% 0.5% 1.2%
2017-01-04 02:45 PM Q4 1.2% 0.8% 1.4%
2017-04-05 08:30 AM Q1 4.3% 1.2% 3.8%
2017-09-29 11:30 AM Q2 4.3% 4.3%
2017-10-03 11:30 AM Q3 4%




Morocco GDP Last Previous Highest Lowest Unit
GDP Growth Rate 4.30 1.20 9.30 0.50 percent [+]
GDP Annual Growth Rate 4.30 1.20 9.30 0.50 percent [+]
GDP 100.59 109.88 109.88 2.03 USD Billion [+]
GDP Constant Prices 233632.00 228468.00 233632.00 158924.80 MAD Million [+]
Gross Fixed Capital Formation 281492.00 272094.00 281492.00 690.00 MAD Million [+]
GDP per capita 3239.55 3141.85 3239.55 814.18 USD [+]
GDP per capita PPP 7364.77 7142.66 7364.77 3852.37 USD [+]
Gdp From Agriculture 27222.00 27465.00 31958.00 16216.00 MAD Million [+]
Gdp From Construction 11596.00 11800.00 11800.00 5702.00 MAD Million [+]
Gdp From Mining 3200.00 2978.00 3533.00 1782.00 MAD Million [+]
Gdp From Public Administration 19264.00 19052.00 19264.00 9822.00 MAD Million [+]
Gdp From Services 27140.00 26677.00 27140.00 14080.00 MAD Million [+]
Gdp From Transport 8688.00 8658.00 9713.00 6177.00 MAD Million [+]
Gdp From Utilities 4814.00 4782.00 6108.00 3900.00 MAD Million [+]


Morocco GDP Annual Growth Rate Notes

Morocco is the sixth largest economy in Africa. The Services sector is the most important and accounts for 54 percent to total GDP. The biggest segments within Services are: wholesale and retail trade (9 percent of total GDP); public administration (9 percent); transport (4 percent); and hotels and restaurants (2 percent). Industry accounts for 23 percent of the GDP and the largest segments within this sector are: manufacturing (15 percent of total GDP); construction (5 percent); electricity and water supply (2 percent); and mining (2 percent). The Agriculture sector accounts for 13 percent of GDP. This page provides the latest reported value for - Morocco GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Morocco GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 1.20 9.30 0.50 1999 - 2017 percent Quarterly



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