Morocco Economic Outlook

  • The economy has strong prospects for economic growth and measures to strengthen the macroeconomic base have reduced the budget and current account deficits.
  • The government continued improving the business climate and adopted a 2014-20 industrial strategy to support structural change and boost the country’s position in global value chains.
  • Morocco has made great efforts to meet social challenges and regionalisation has speeded up to improve living conditions, but regional and spatial disparities are still considerable.


Morocco Field Office


African Development Bank Group
No 30 lotissement Al-Andalous
BP 21555 Rabat Annakhil, Hay Ryad, Rabat, Morocco

Tel: (+212) 530177300
Fax: (+212) 538014402

Mrs Yacine FalResident Representative

Department North Africa Region

Director North Africa Region, Mr. Jacob Kolster

African Development Bank Group
Immeuble Zahrabed
Avenue du Dollar, Les Berges Du Lac II, Tunis 1053, Tunisia

Tel: (+216) 71102953
Fax: (+216) 71194523


Key Facts

Capital: Rabat
Area: 712,550 sq km
Total Population 2013: 33.0 Million
Urban Population 2013: 57.76%
Female Population 2013: 50.64%
GDP: US$ 107.6 Billion
GNI Per Capita 2013: US$ 2,960
Inflation Rate: 1.88%
Crude Birth Rate (per 1000): 22.71%
Human Development Index (rank / 187): 130
Human Development Index (scale 0 to 1): 0.591
Membership Date: 10/09/1964
Cumulative Approvals (1967-2013): UA 7.0 Billion

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