Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Stock Market (points) 17160.54 16146 15635 15139 15139
Currency 9.34 9.27 9.23 9.19 9.19

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Annual Growth Rate (%) 4.10 4.8 6.2 5.6 5
Unemployment Rate (%) 13.00 12.8 13.1 13.1 13.1
Inflation Rate (%) -0.60 0.7 0.5 0.8 1
Interest Rate (%) 2.25 2.25 2.25 2 1.75
Consumer Confidence (points) 57.60 47 51 52 55
Current Account to GDP (% of GDP) -2.30 -3.1
Government Debt to GDP (% of GDP) 70.00 68
Government Budget (% of GDP) -3.60 -3.5

GDP Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Annual Growth Rate (%) 4.10 4.8 6.2 5.6 5
GDP Constant Prices (MAD Million) 339324.00 349838 360362 358326 356290
GDP from Mining (MAD Million) 6347.00 6859 6741 6702 6664
GDP from Utilities (MAD Million) 8545.00 8327 9075 9024 8972
GDP from Transport (MAD Million) 9407.00 9941 9990 9934 9877
GDP from Construction (MAD Million) 17457.00 17879 18539 18435 18330
GDP from Agriculture (MAD Million) 27032.00 28731 28708 28546 28384
GDP from Public Administration (MAD Million) 36341.00 37618 38594 38376 38158
GDP from Services (MAD Million) 192020.00 198718 203925 202773 201621
GDP (USD Billion) 154.43 163
Gross Fixed Capital Formation (MAD Million) 422496.00 446156
GDP per Capita (USD) 3478.99 3674
Full Year GDP Growth (%) 3.20 5.6

Labour Actual Q2/26 Q3/26 Q4/26 Q1/27
Unemployment Rate (%) 13.00 12.8 13.1 13.1 13.1
Population (Million) 37.71 38.1

Prices Actual Q2/26 Q3/26 Q4/26 Q1/27
Inflation Rate (%) -0.60 0.7 0.5 0.8 1
Consumer Price Index CPI (points) 119.60 120 121 120 121
Food Inflation (%) -2.20 1 0.4 1.3 0.8
CPI Housing Utilities (points) 109.60 110 110 110 111
CPI Transportation (points) 115.00 116 116 116 116
Core Inflation Rate (%) -1.20 1.1 1.3 1.3 1.3
Inflation Rate MoM (%) 0.50 0.5 0.3 -0.3 0.4

Money Actual Q2/26 Q3/26 Q4/26 Q1/27
Interest Rate (%) 2.25 2.25 2.25 2 1.75

Business Actual Q2/26 Q3/26 Q4/26 Q1/27
Industrial Production (%) 4.00 3.6 3.6 3.6 3.6

Consumer Actual Q2/26 Q3/26 Q4/26 Q1/27
Consumer Confidence (points) 57.60 47 51 52 55
Consumer Spending (MAD Million) 945594.00 998547

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Current Account to GDP (% of GDP) -2.30 -3.1

Government Actual Q2/26 Q3/26 Q4/26 Q1/27
Government Debt to GDP (% of GDP) 70.00 68
Government Budget (% of GDP) -3.60 -3.5