Morocco

Morocco Economic Outlook

  • Morocco’s economy grew by an estimated 1.5% in 2016 due to the adverse impact of poor rainfall but the economy is projected to grow by 3.7% in 2017.
  • Parliamentary elections in October 2016 were won by the right-wing Islamist Justice and Development Party.
  • COP22, held in Marrakech in November 2016, led to the signing of the Paris Agreement, ratified by 115 countries that produce more than 75% of global greenhouse gas emissions.

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Key Facts

Flag:
Capital: Rabat
Area: 712,550 sq km
Total Population 2017: 35.2 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 121.4 Billion
GNI Per Capita 2015: US$ 3,040
Inflation Rate: 2.08%
Crude Birth Rate (per 1000): 19.50%
Human Development Index (rank / 188): 123
Human Development Index (scale 0 to 1): 0.647
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 7.9 Billion

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Location

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Contacts

Morocco Field Office

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

Tél : (+212) 530177300/530177309
Fax : (+212) 530177360

Mrs Yacine FalResident Representative

Regional Development, Integration and Business Delivery Office (RDIB)

Director General, Mr. Mohamed El Azizi

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

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