Morocco Forecast: Unemployment Rate

1995 - 2027 | Yearly | % | International Monetary Fund

Key information about Morocco Unemployment Rate Forecast

  • Morocco Unemployment Rate is forecasted to be 11.738 % in Dec 2022 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 11.900 % in Dec 2021
  • Looking ahead, Morocco Unemployment Rate is projected to stand at 9.620 % in Dec 2027
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View Morocco's Forecast: Unemployment Rate from 1995 to 2027 in the chart:

Morocco Forecast: Unemployment Rate

What is Morocco's Forecast: Unemployment Rate in 2027?

Morocco Unemployment Rate is forecasted to be 11.738 % in Dec 2022 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
9.620 2027 9.713 2026 8.500 2011 16.000 1995 % yearly 1995 - 2027

Forecast: Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 10.000 2027 yearly 1980 - 2027
Algeria (%) 3.464 2027 yearly 1980 - 2027
Andorra (%) 1.675 2027 yearly 2010 - 2027
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 8.100 2027 yearly 1980 - 2027
Armenia (%) 16.500 2027 yearly 2001 - 2027
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.703 2027 yearly 1980 - 2027
Austria (%) 4.800 2027 yearly 1980 - 2027
Azerbaijan (%) 5.564 2027 yearly 2000 - 2027
Bahamas (%) 11.431 2027 yearly 1986 - 2027
Bahrain (%) 3.951 2027 yearly 2007 - 2027
Bangladesh (%) 0.000 yearly -
Barbados (%) 9.392 2027 yearly 1981 - 2027
Belarus (%) 3.754 2027 yearly 1993 - 2027
Belgium (%) 5.522 2027 yearly 1980 - 2027
Belize (%) 7.404 2027 yearly 1990 - 2027
Benin (%) 0.000 yearly -
Bhutan (%) 5.000 2020 yearly 2003 - 2020
Bolivia (%) 4.000 2027 yearly 2000 - 2027
Bosnia and Herzegovina (%) 15.545 2027 yearly 1995 - 2027
Botswana (%) 0.000 yearly -
Brazil (%) 10.415 2027 yearly 1991 - 2027
Brunei (%) 6.822 2027 yearly 2011 - 2027
Bulgaria (%) 4.200 2027 yearly 1989 - 2027
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.009 2027 yearly 1980 - 2027
Cape Verde (%) 8.500 2027 yearly 1980 - 2027
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 6.808 2027 yearly 1980 - 2027
China (%) 3.600 2027 yearly 1980 - 2027
Colombia (%) 9.490 2027 yearly 1980 - 2027
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 6.265 2027 yearly 1991 - 2027
Cyprus (%) 5.523 2027 yearly 1982 - 2027
Czech Republic (%) 2.300 2027 yearly 1995 - 2027
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2027 yearly 1980 - 2027
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2027 yearly 1991 - 2027
Ecuador (%) 3.644 2027 yearly 1988 - 2027
Egypt (%) 6.402 2027 yearly 1990 - 2027
El Salvador (%) 7.000 2027 yearly 1988 - 2027
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 4.828 2027 yearly 1993 - 2027
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2027 yearly 1986 - 2027
Finland (%) 6.500 2027 yearly 1980 - 2027
France (%) 7.399 2027 yearly 1980 - 2027
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 20.015 2027 yearly 1996 - 2027
Germany (%) 3.142 2027 yearly 1980 - 2027
Ghana (%) 0.000 yearly -
Greece (%) 10.610 2027 yearly 1980 - 2027
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 4.398 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.971 2027 yearly 1980 - 2027
Hungary (%) 3.805 2027 yearly 1980 - 2027
Iceland (%) 4.000 2027 yearly 1980 - 2027
India (%) 0.000 yearly -
Indonesia (%) 5.100 2027 yearly 1984 - 2027
Iran (%) 10.819 2027 yearly 1990 - 2027
Iraq (%) 0.000 yearly -
Ireland (%) 4.955 2027 yearly 1985 - 2027
Israel (%) 3.700 2027 yearly 1980 - 2027
Italy (%) 8.900 2027 yearly 1980 - 2027
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 7.700 2019 yearly 1980 - 2019
Japan (%) 2.400 2027 yearly 1980 - 2027
Jordan (%) 24.425 2021 yearly 1984 - 2021
Kazakhstan (%) 4.775 2027 yearly 1994 - 2027
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.597 2027 yearly 1980 - 2027
Kosovo (%) 25.700 2019 yearly 2012 - 2019
Kuwait (%) 1.276 2021 yearly 1981 - 2021
Kyrgyzstan (%) 6.605 2027 yearly 1994 - 2027
Laos (%) 0.000 yearly -
Latvia (%) 6.559 2027 yearly 1992 - 2027
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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Morocco Key Series

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Includes 250 key indicators for Morocco, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.1 2021 yearly 1980 - 2021
Consolidated Fiscal Balance (USD mn) -1,456.858 May 2022 monthly Jan 2000 - May 2022
Tax Revenue (USD mn) 22,461.108 2021 yearly 1980 - 2021
Tax Revenue: % of GDP (%) 18.9 Jun 2020 quarterly Mar 2007 - Jun 2020
National Government Debt (USD mn) 95,395.2 Dec 2021 quarterly Dec 2006 - Dec 2021
Government Debt: % of GDP (%) 68.9 2021 yearly 1994 - 2021
Forecast: Government Expenditure (MAD bn) 509.717 2027 yearly 1990 - 2027
Forecast: Government Net Debt (MAD bn) 1,221.054 2027 yearly 1990 - 2027
Forecast: Government Revenue (MAD bn) 455.432 2027 yearly 1990 - 2027
Treasury Revenue: ytd: Ordinary (MAD mn) 116,248.000 May 2022 monthly Jan 2000 - May 2022
Treasury: ytd: Net Financing (MAD mn) -23,694.000 May 2022 monthly Jan 2001 - May 2022
Treasury: ytd: Surplus or Deficit (MAD mn) -14,568.000 May 2022 monthly Jan 2000 - May 2022
Treasury Revenue: ytd: Ordinary: Fiscal: Direct Tax (MAD mn) 47,895.000 May 2022 monthly Jan 2000 - May 2022
Treasury Expenditure: ytd: Investment (MAD mn) 32,534.000 May 2022 monthly Jan 2000 - May 2022
Treasury Expenditure: ytd: Ordinary (MAD mn) 125,545.000 May 2022 monthly Jan 2000 - May 2022
Treasury Expenditure: ytd (MAD mn) 158,079.000 May 2022 monthly Jan 2000 - May 2022
Treasury Revenue: ytd: Ordinary: Fiscal (MAD mn) 107,865.000 May 2022 monthly Jan 2000 - May 2022
Central Government Debt: Outstanding (MAD mn) 885,306.000 Dec 2021 quarterly Dec 2006 - Dec 2021
Central Government Debt: Outstanding: Medium and Long Term (MAD mn) 859,586.500 Dec 2021 quarterly Dec 2006 - Dec 2021
Central Government Debt: Outstanding: Short Term (MAD mn) 25,719.500 Dec 2021 quarterly Dec 2006 - Dec 2021
Central Government Debt: Outstanding: Medium and Long Term: Foreign (MAD mn) 203,779.200 Dec 2021 quarterly Dec 2006 - Dec 2021
Central Government Debt: Outstanding: Short Term: Domestic (MAD mn) 25,719.500 Dec 2021 quarterly Dec 2006 - Dec 2021
Central Government Debt: Outstanding: Medium and Long Term: Domestic (MAD mn) 655,807.300 Dec 2021 quarterly Dec 2006 - Dec 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.575 2027 yearly 1980 - 2027
Trade Balance (USD mn) -2,592.4 Apr 2022 monthly Jan 1957 - Apr 2022
Total Exports (USD mn) 3,974.0 Apr 2022 monthly Jan 1996 - Apr 2022
Total Exports Growth (%) 56.1 Apr 2022 monthly Jan 1997 - Apr 2022
Aluminum: Exports (USD th) 32,994.813 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 84,576.850 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 25,583.025 2020 yearly 1995 - 2020
Total Imports (USD mn) 6,516.3 Mar 2022 monthly Jan 1996 - Mar 2022
Total Imports Growth (%) 50.3 Apr 2022 monthly Jan 1997 - Apr 2022
Imports: Medicament (USD th) 411,702.745 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 231,100.788 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 161.443 Dec 2021 monthly Jan 1996 - Dec 2021
Total Imports from USA (USD mn) 363.659 Dec 2021 monthly Jan 1980 - Dec 2021
Total Exports to China (USD mn) 34.168 Dec 2021 monthly Jan 1996 - Dec 2021
Total Imports from China (USD mn) 668.631 Dec 2021 monthly Jul 1981 - Dec 2021
Exports: Value (MAD mn) 39,033.000 Apr 2022 monthly Jan 1996 - Apr 2022
Imports: Oil (MAD mn) 692.392 Mar 2022 monthly Jan 1998 - Mar 2022
Imports (MAD mn) 64,496.000 Apr 2022 monthly Jan 1996 - Apr 2022
Exports: Raw Materials: Mineral Origin (MAD) 1,968,973,369.000 Dec 2021 monthly Jan 1996 - Dec 2021
Exports: Food, Beverages and Tobacco (MAD) 6,606,255,535.000 Dec 2021 monthly Jan 1996 - Dec 2021
Exports: Finished Products: Consumption (MAD) 10,446,689,142.000 Dec 2021 monthly Jan 1996 - Dec 2021
Exports: Semi Finished Products (MAD) 11,421,709,435.000 Dec 2021 monthly Jan 1996 - Dec 2021
Exports: Finished Products: Industrial Equipment (MAD) 4,945,912,891.000 Dec 2021 monthly Jan 1996 - Dec 2021
Exports: Value: excl Phosphate and Derivatives (MAD mn) 21,406.824 Mar 2022 monthly Jan 1998 - Mar 2022
Exports: Value: Phosphate and Derivatives: Phosphoric Acid (MAD mn) 1,892.475 Mar 2022 monthly Jan 1998 - Mar 2022
Exports: Value: Phosphate and Derivatives: Phosphate (MAD mn) 1,892.475 Mar 2022 monthly Jan 1998 - Mar 2022
Exports: Value: Phosphate and Derivatives: Natural and Chemical Fertilizers (MAD mn) 12,314.226 Mar 2022 monthly Jan 1998 - Mar 2022
Exports: Value: Phosphate and Derivatives (MAD mn) 16,099.176 Mar 2022 monthly Jan 1998 - Mar 2022
Exports: Europe: ow France (MAD) 8,064,909,474.000 Dec 2021 monthly Jan 1996 - Dec 2021
Exports: Europe: ow Spain (MAD) 18,270,711.000 Dec 2021 monthly Jan 1996 - Dec 2021
Exports: Asia: ow China (MAD) 316,172,543.000 Dec 2021 monthly Jan 1996 - Dec 2021
Exports: America: ow United States of America (MAD) 1,493,907,227.000 Dec 2021 monthly Jan 1996 - Dec 2021
Exports: Asia: ow India (MAD) 1,793,014,103.000 Dec 2021 monthly Jan 1996 - Dec 2021
Re-Exports (MAD mn) 197,780.259 2021 yearly 1993 - 2021
Imports: Finished Products: Industrial Equipment (MAD) 12,115,894,278.000 Dec 2021 monthly Dec 1995 - Dec 2021
Imports: Finished Products: Consumption (MAD) 11,790,895,031.000 Dec 2021 monthly Dec 1995 - Dec 2021
Imports: Semi Finished Products (MAD) 11,263,138,633.000 Dec 2021 monthly Dec 1995 - Dec 2021
Imports: Food, Beverages and Tobacco (MAD) 6,029,544,880.000 Dec 2021 monthly Dec 1995 - Dec 2021
Imports: Energy and Lubricants (MAD) 8,600,552,263.000 Dec 2021 monthly Dec 1995 - Dec 2021
Imports: Europe: ow Germany (MAD) 2,128,053,819.000 Dec 2021 monthly Jan 1996 - Dec 2021
Imports: Europe: ow Spain (MAD) 8,077,669,619.000 Dec 2021 monthly Jan 1996 - Dec 2021
Imports: Asia: ow China (MAD) 6,187,152,225.000 Dec 2021 monthly Jan 1996 - Dec 2021
Imports: Europe: ow France (MAD) 5,802,006,467.000 Dec 2021 monthly Jan 1996 - Dec 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 175.0 Dec 2021 quarterly Mar 2003 - Dec 2021
Current Account Balance (USD mn) -459.3 Dec 2021 quarterly Mar 2014 - Dec 2021
Current Account Balance: % of GDP (%) -1.4 Dec 2021 quarterly Mar 2014 - Dec 2021
Foreign Direct Investment (USD mn) 687.8 Dec 2021 quarterly Mar 2014 - Dec 2021
Foreign Direct Investment: % of GDP (%) 2.1 Dec 2021 quarterly Mar 2014 - Dec 2021
Foreign Portfolio Investment (USD mn) -278.721 Dec 2021 quarterly Mar 2014 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) -0.8 Dec 2021 quarterly Mar 2007 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) -173.7 Dec 2021 quarterly Mar 2003 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) -105.066 Dec 2021 quarterly Mar 2003 - Dec 2021
External Debt (USD mn) 64,929.7 Dec 2021 quarterly Dec 2006 - Dec 2021
External Debt: % of GDP (%) 53.7 2020 yearly 1970 - 2020
External Debt: Short Term (USD mn) 9,078.6 Dec 2021 quarterly Dec 2006 - Dec 2021
External Debt: Short Term: % of GDP (%) 6.6 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -5.410 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -83,106.817 2021 yearly 2002 - 2021
BoP: CA: Primary Income: Credit (MAD mn) 2,244.800 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: GS: Services: Credit (MAD mn) 38,705.500 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: Primary Income: Debit (MAD mn) 6,354.400 Dec 2021 quarterly Mar 2014 - Dec 2021
Balance of Payments (BoP): Current Account (CA) (MAD mn) -4,205.600 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: GS: Goods (MAD mn) -41,453.000 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: FA: Reserve Assets (MAD mn) 10,158.000 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: GS: Services (MAD mn) 16,371.700 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: Net Errors and Omissions (MAD mn) 943.600 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: Debit (MAD mn) 156,504.800 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: Secondary Income: Credit (MAD mn) 26,443.500 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: Secondary Income: Debit (MAD mn) 1,458.600 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: GS: Goods: Credit (MAD mn) 84,905.000 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: FA: Financial Derivatives (MAD mn) -24.000 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: FA: Other Investment (OI) (MAD mn) -11,451.000 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: GS: Services: Debit (MAD mn) 22,333.800 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: GS: Goods: Debit (MAD mn) 126,358.000 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: FA: Portfolio Investment (MAD mn) 2,751.000 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: Primary Income (MAD mn) -4,109.200 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: FA: Direct Investment (DI) (MAD mn) -4,696.000 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: Secondary Income (MAD mn) 24,984.900 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: CA: Credit (MAD mn) 152,299.200 Dec 2021 quarterly Mar 2014 - Dec 2021
BoP: Financial Account (FA) (MAD mn) -3,262.000 Dec 2021 quarterly Mar 2014 - Dec 2021
International Investment Position (IIP): Assets (MAD mn) 503,536.200 2021 yearly 2013 - 2021
International Investment Position (IIP): Net (MAD mn) -771,264.500 2021 yearly 2013 - 2021
International Investment Position (IIP): Liabilities (MAD mn) 1,274,800.700 2021 yearly 2013 - 2021
External Debt: Public: Service Payments (MAD mn) 12,332.000 Dec 2021 quarterly Mar 2003 - Dec 2021
External Debt: Public: Service Payments: Interests (MAD mn) 3,248.000 Dec 2021 quarterly Mar 2003 - Dec 2021
External Debt: Gross (MAD mn) 602,573.190 Dec 2021 quarterly Dec 2006 - Dec 2021
Foreign Direct Investment: Inflow: Quarterly (MAD mn) 6,802.000 Mar 2017 quarterly Mar 2005 - Mar 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 8.8 Apr 2022 monthly Dec 2001 - Apr 2022
Household Debt: % of GDP (%) 25.4 2021 yearly 2001 - 2021
Non-Performing Loans (USD mn) 8,606.999 Apr 2022 monthly Dec 2001 - Apr 2022
Money Supply M1 (USD mn) 109,523.124 Apr 2022 monthly Jan 1985 - Apr 2022
Money Supply M2 (USD mn) 127,140.882 Apr 2022 monthly Jan 1985 - Apr 2022
M2 Growth (%) 6.9 Apr 2022 monthly Jan 1986 - Apr 2022
Reserve Requirement Ratio (%) 0.0 Apr 2022 monthly Oct 1990 - Apr 2022
Foreign Exchange Reserves (USD mn) 29,489.3 May 2022 monthly Dec 2001 - May 2022
Foreign Exchange Reserves: % of GDP (%) 24.971 Dec 2021 quarterly Dec 2007 - Dec 2021
Foreign Exchange Reserves: Months of Import (NA) 4.6 Apr 2022 monthly Dec 2001 - Apr 2022
Gold Reserves (USD mn) 1,315.152 May 2022 monthly Jan 1960 - May 2022
Total Deposits (USD mn) 113,027.255 2020 yearly 1960 - 2020
Domestic Credit (USD mn) 148,225.3 Apr 2022 monthly Dec 2001 - Apr 2022
Domestic Credit Growth (%) 6.2 Apr 2022 monthly Dec 2002 - Apr 2022
Household Debt (USD mn) 32,987.7 Apr 2022 monthly Dec 2001 - Apr 2022
Total Loans (USD mn) 98,129.842 Apr 2022 monthly Dec 2001 - Apr 2022
Total Loans Growth (%) 4.14 Mar 2022 monthly Dec 2002 - Mar 2022
Private Debt: % of Nominal GDP (%) 64.76 Dec 2021 quarterly Dec 2007 - Dec 2021
Money Supply: M3: M2: M1 (MAD mn) 1,094,508.388 Apr 2022 monthly Jan 1985 - Apr 2022
Money Supply: M3: M2 (MAD mn) 1,270,569.688 Apr 2022 monthly Jan 1985 - Apr 2022
Money Supply: M3 (MAD mn) 1,573,756.904 Apr 2022 monthly Jan 1985 - Apr 2022
Official Reserve Assets: Foreign Currency Reserves (FC) (MAD mn) 291,554.898 May 2022 monthly Dec 2001 - May 2022
Official Reserve Assets (MAD mn) 325,933.478 May 2022 monthly Dec 2001 - May 2022
Official Reserve Assets: Gold: incl Gold Deposits and Gold Swapped (MAD mn) 8,725.790 Jan 2019 monthly Dec 2001 - Jan 2019
Banks Loans: Mortgage (MAD mn) 293,076.549 Apr 2022 monthly Dec 2001 - Apr 2022
Banks Loans: Consumer (MAD mn) 56,362.812 Apr 2022 monthly Dec 2001 - Apr 2022
Banks Loans: Non Performing (MAD mn) 86,013.183 Apr 2022 monthly Dec 2001 - Apr 2022

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