Economy of Morocco

Imports
Imports commoditiescrude petroleum, textile fabric, telecommunications equipment, wheat, gas and electricity, transistors, plastics
Import partnersSpain 13.1%, France 12.1%, China 6.9%, US 6.8%, Saudi Arabia 6.2%, Italy 5.1%, Russia 5%, Germany 4.9% (2012)
Exports
Exports commoditiesclothing and textiles, electric components, inorganic chemicals, transistors, crude minerals, fertilizers (including phosphates), petroleum products, citrus fruits, vegetables, fish
Export partnersFrance 21%, Spain 17.3%, Brazil 5.4%, India 4.9%, US 4.6% (2012)
Economy sectors
Agriculture productsbarley, wheat, citrus fruits, grapes, vegetables, olives; livestock; wine
Industrial productsphosphate rock mining and processing, food processing, leather goods, textiles, construction, energy, tourism
Economy
Unemployment9.50 % (2013)9.00 % (2012)8.90 % (2011)
Unemployment of Morocco
GDP - Official Exchange Rate105 Billion $ (2013)94.8 Billion $ (2012)99.2 Billion $ (2011)
GDP - Official Exchange Rate of Morocco
GDP growth rate5.10 % (2013)2.70 % (2012)4.90 % (2011)
GDP growth rate of Morocco
GDP per Capita (PPP)5,500 $ (2013)5,200 $ (2012)5,200 $ (2011)
GDP per Capita (PPP) of Morocco
GDP - Purchasing Power Parity180 Billion $ (2013)169 Billion $ (2012)166 Billion $ (2011)
GDP - Purchasing Power Parity of Morocco
GDP PPP per land area403 Thousand $ per square kilometer (2013)378 Thousand $ per square kilometer (2012)372 Thousand $ per square kilometer (2011)
GDP PPP per land area of Morocco
ElectricityBanking
Central bank discount rate6.50 % (2010)3.31 % (2009)3.32 % (2008)
Central bank discount rate of Morocco
Commercial bank prime lending rate6.30 % (2013)6.30 % (2012)6.50 % (2011)
Commercial bank prime lending rate of Morocco
GDP decomposition by sector
Industry % of GDP31.7 % (2012)
Services % of GDP53.2 % (2012)
Tourism
International tourism, number of arrivals9.38 Million (2012)9.34 Million (2011)9.29 Million (2010)
International tourism, number of arrivals of Morocco
International tourism, number of departures2.32 Million (2012)2.39 Million (2011)2.18 Million (2010)
International tourism, number of departures of Morocco
Yearly Tourist arrivals to residents ratio29.0 % (2012)29.2 % (2011)29.4 % (2010)
Yearly Tourist arrivals to residents ratio of Morocco
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)76.9 % of GDP (2013)71.2 % of GDP (2012)64.7 % of GDP (2011)
Public debt (Percentage of GDP) of Morocco
Current Account Balance (Percentage of GDP)-9.97 % of GDP (2012)-8.06 % of GDP (2011)-4.32 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Morocco
External Debt Stocks (Percentage of GNI)36.0 % of GNI (2012)30.3 % of GNI (2011)29.8 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Morocco
Short-term debt (percentage of total external debt)12.3 % of total external debt (2012)10.4 % of total external debt (2011)6.84 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Morocco
Current Account Balance (Total)-9.60 Billion $ (2013)-9.84 Billion $ (2012)-8.34 Billion $ (2011)
Current Account Balance (Total) of Morocco
External Debt (Total)36.5 Billion $ (2013)32.2 Billion $ (2012)28.1 Billion $ (2011)
External Debt (Total) of Morocco
External Debt (Percentage of GDP)34.8 % of GDP (2013)33.9 % of GDP (2012)28.3 % of GDP (2011)
External Debt (Percentage of GDP) of Morocco
External Debt per Capita1,118 $ (2013)995 $ (2012)878 $ (2011)
External Debt per Capita of Morocco