Morocco Forecast: Unemployment Rate

1995 - 2028 | Yearly | % | International Monetary Fund

Key information about Morocco Unemployment Rate Forecast

  • Morocco Unemployment Rate is forecasted to be 11.677 % in Dec 2024 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 12.038 % in Dec 2023
  • Looking ahead, Morocco Unemployment Rate is projected to stand at 11.544 % in Dec 2028
  • 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 2028 in the chart:

Morocco Forecast: Unemployment Rate

What is Morocco's Forecast: Unemployment Rate in 2028?

Morocco Unemployment Rate is forecasted to be 11.677 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
11.544 2028 11.579 2027 8.900 2011 16.000 1995 % yearly 1995 - 2028

Forecast: Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 11.000 2028 yearly 1980 - 2028
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 1.675 2028 yearly 2010 - 2028
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 7.000 2028 yearly 1980 - 2028
Armenia (%) 14.000 2028 yearly 2001 - 2028
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.898 2028 yearly 1980 - 2028
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.545 2028 yearly 2000 - 2028
Bahamas (%) 9.190 2028 yearly 1986 - 2028
Bahrain (%) 5.400 2022 yearly 2007 - 2022
Bangladesh (%) 0.000 yearly -
Barbados (%) 9.718 2028 yearly 1981 - 2028
Belarus (%) 3.455 2028 yearly 1993 - 2028
Belgium (%) 5.402 2028 yearly 1980 - 2028
Belize (%) 2.800 2028 yearly 1990 - 2028
Benin (%) 0.000 yearly -
Bhutan (%) 5.900 2022 yearly 2003 - 2022
Bolivia (%) 5.200 2028 yearly 2000 - 2028
Bosnia and Herzegovina (%) 15.255 2028 yearly 1995 - 2028
Botswana (%) 0.000 yearly -
Brazil (%) 7.931 2028 yearly 1991 - 2028
Brunei (%) 4.900 2028 yearly 2011 - 2028
Bulgaria (%) 4.200 2028 yearly 1989 - 2028
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.999 2028 yearly 1980 - 2028
Cape Verde (%) 8.500 2028 yearly 1980 - 2028
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.499 2028 yearly 1980 - 2028
China (%) 5.200 2028 yearly 2017 - 2028
Colombia (%) 9.511 2028 yearly 1980 - 2028
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 5.581 2028 yearly 1991 - 2028
Cyprus (%) 5.481 2028 yearly 1982 - 2028
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2028 yearly 1991 - 2028
Ecuador (%) 3.500 2028 yearly 1988 - 2028
Egypt (%) 6.679 2028 yearly 1990 - 2028
El Salvador (%) 5.500 2028 yearly 1988 - 2028
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.364 2028 yearly 1993 - 2028
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2028 yearly 1986 - 2028
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 17.516 2028 yearly 1996 - 2028
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
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 (%) 8.000 2028 yearly 1980 - 2028
Hong Kong SAR, China (%) 2.774 2028 yearly 1980 - 2028
Hungary (%) 3.300 2028 yearly 1980 - 2028
Iceland (%) 3.976 2028 yearly 1980 - 2028
India (%) 0.000 yearly -
Indonesia (%) 5.100 2028 yearly 1984 - 2028
Iran (%) 9.779 2028 yearly 1990 - 2028
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 4.000 2028 yearly 1980 - 2028
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 8.375 2021 yearly 1980 - 2021
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 22.850 2022 yearly 1984 - 2022
Kazakhstan (%) 4.775 2028 yearly 1994 - 2028
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.205 2028 yearly 1980 - 2028
Kosovo (%) 20.750 2021 yearly 2012 - 2021
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 9.014 2028 yearly 1994 - 2028
Laos (%) 0.000 yearly -
Latvia (%) 6.402 2028 yearly 1992 - 2028
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 230 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 (%) -11.8 2022 yearly 1980 - 2022
Consolidated Fiscal Balance (USD mn) -4,972.266 Nov 2023 monthly Jan 2000 - Nov 2023
Tax Revenue (USD mn) 27,207.847 2023 yearly 1980 - 2023
Tax Revenue: % of GDP (%) 22.5 Jun 2022 quarterly Mar 2007 - Jun 2022
National Government Debt (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Government Debt: % of GDP (%) 71.6 2022 yearly 1994 - 2022
Forecast: Government Expenditure (MAD bn) 576.508 2028 yearly 1990 - 2028
Forecast: Government Net Debt (MAD bn) 1,280.730 2028 yearly 1990 - 2028
Forecast: Government Revenue (MAD bn) 518.452 2028 yearly 1990 - 2028
Treasury Expenditure: ytd (MAD mn) 66,493.000 Feb 2024 monthly Jan 2000 - Feb 2024
Treasury Revenue: ytd: Ordinary (MAD mn) 51,557.000 Feb 2024 monthly Jan 2000 - Feb 2024
Treasury: ytd: Surplus or Deficit (MAD mn) -369.000 Feb 2024 monthly Jan 2000 - Feb 2024
Treasury: ytd: Net Financing (MAD mn) -17,184.000 Feb 2024 monthly Jan 2001 - Feb 2024
Treasury Expenditure: ytd: Investment (MAD mn) 16,848.000 Feb 2024 monthly Jan 2000 - Feb 2024
Treasury Revenue: ytd: Ordinary: Fiscal (MAD mn) 45,472.000 Feb 2024 monthly Jan 2000 - Feb 2024
Treasury Expenditure: ytd: Ordinary (MAD mn) 49,645.000 Feb 2024 monthly Jan 2000 - Feb 2024
Treasury Revenue: ytd: Ordinary: Fiscal: Direct Tax (MAD mn) 14,539.000 Feb 2024 monthly Jan 2000 - Feb 2024
Central Government Debt: Outstanding: Medium and Long Term: Domestic (MAD mn) 685,521.100 Mar 2022 quarterly Dec 2006 - Mar 2022
Central Government Debt: Outstanding: Short Term (MAD mn) 47,523.900 Dec 2022 quarterly Dec 2006 - Dec 2022
Central Government Debt: Outstanding: Medium and Long Term: Foreign (MAD mn) 228,858.900 Dec 2022 quarterly Dec 2006 - Dec 2022
Central Government Debt: Outstanding: Short Term: Domestic (MAD mn) 47,523.900 Dec 2022 quarterly Dec 2006 - Dec 2022
Central Government Debt: Outstanding: Medium and Long Term (MAD mn) 904,250.890 Dec 2022 quarterly Dec 2006 - Dec 2022
Central Government Debt: Outstanding (MAD mn) 951,774.790 Dec 2022 quarterly Dec 2006 - Dec 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.695 2028 yearly 1980 - 2028
Trade Balance (USD mn) -2,488.5 Dec 2023 monthly Jan 1957 - Dec 2023
Total Exports (USD mn) 3,665.9 Dec 2023 monthly Jan 1996 - Dec 2023
Total Exports Growth (%) 1.5 Dec 2023 monthly Jan 1997 - Dec 2023
Aluminum: Exports (USD th) 69,985.023 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 72,786.004 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 25,117.438 2022 yearly 1995 - 2022
Total Imports (USD mn) 6,154.5 Dec 2023 monthly Jan 1996 - Dec 2023
Total Imports Growth (%) 1.6 Dec 2023 monthly Jan 1997 - Dec 2023
Imports: Medicament (USD th) 552,828.378 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 370,534.983 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 98.049 Sep 2023 monthly Jan 1996 - Sep 2023
Total Imports from USA (USD mn) 448.525 Sep 2023 monthly Jan 1980 - Sep 2023
Total Exports to China (USD mn) 26.572 Sep 2023 monthly Jan 1996 - Sep 2023
Total Imports from China (USD mn) 592.387 Sep 2023 monthly Jul 1981 - Sep 2023
Imports (MAD mn) 61,883.000 Dec 2023 monthly Jan 1996 - Dec 2023
Imports: Oil (MAD mn) 1,353.098 Dec 2023 monthly Jan 1998 - Dec 2023
Exports: Food, Beverages and Tobacco (MAD) 4,498,955,483.000 Sep 2023 monthly Jan 1996 - Sep 2023
Exports: Semi Finished Products (MAD) 7,722,334,054.000 Sep 2023 monthly Jan 1996 - Sep 2023
Exports: Finished Products: Consumption (MAD) 12,437,928,178.000 Sep 2023 monthly Jan 1996 - Sep 2023
Exports: Raw Materials: Mineral Origin (MAD) 2,068,456,395.000 Sep 2023 monthly Jan 1996 - Sep 2023
Exports: Finished Products: Industrial Equipment (MAD) 7,417,925,596.000 Sep 2023 monthly Jan 1996 - Sep 2023
Exports: Value (MAD mn) 36,861.000 Dec 2023 monthly Jan 1996 - Dec 2023
Exports: Value: excl Phosphate and Derivatives (MAD mn) 28,439.672 Dec 2023 monthly Jan 1998 - Dec 2023
Exports: Value: Phosphate and Derivatives: Natural and Chemical Fertilizers (MAD mn) 6,131.440 Dec 2023 monthly Jan 1998 - Dec 2023
Exports: Value: Phosphate and Derivatives: Phosphoric Acid (MAD mn) 1,156.794 Dec 2023 monthly Jan 1998 - Dec 2023
Exports: Value: Phosphate and Derivatives: Phosphate (MAD mn) 1,133.094 Dec 2023 monthly Jan 1998 - Dec 2023
Exports: Value: Phosphate and Derivatives (MAD mn) 8,421.328 Dec 2023 monthly Jan 1998 - Dec 2023
Exports: America: ow United States of America (MAD) 1,001,448,580.000 Sep 2023 monthly Jan 1996 - Sep 2023
Exports: Asia: ow India (MAD) 1,843,929,569.000 Sep 2023 monthly Jan 1996 - Sep 2023
Exports: Europe: ow France (MAD) 6,726,290,333.000 Sep 2023 monthly Jan 1996 - Sep 2023
Exports: Europe: ow Spain (MAD) 8,300,994,355.000 Sep 2023 monthly Jan 1996 - Sep 2023
Exports: Asia: ow China (MAD) 271,397,950.000 Sep 2023 monthly Jan 1996 - Sep 2023
Re-Exports (MAD mn) 127,670.514 2023 yearly 1993 - 2023
Imports: Finished Products: Consumption (MAD) 12,850,974,254.000 Sep 2023 monthly Dec 1995 - Sep 2023
Imports: Energy and Lubricants (MAD) 11,379,196,533.000 Sep 2023 monthly Dec 1995 - Sep 2023
Imports: Finished Products: Industrial Equipment (MAD) 13,001,626,023.000 Sep 2023 monthly Dec 1995 - Sep 2023
Imports: Semi Finished Products (MAD) 11,980,270,599.000 Sep 2023 monthly Dec 1995 - Sep 2023
Imports: Food, Beverages and Tobacco (MAD) 6,835,119,826.000 Sep 2023 monthly Dec 1995 - Sep 2023
Imports: Europe: ow Germany (MAD) 2,518,753,386.000 Sep 2023 monthly Jan 1996 - Sep 2023
Imports: Europe: ow Spain (MAD) 9,376,790,988.000 Sep 2023 monthly Jan 1996 - Sep 2023
Imports: Asia: ow China (MAD) 6,050,497,494.000 Sep 2023 monthly Jan 1996 - Sep 2023
Imports: Europe: ow France (MAD) 6,082,610,512.000 Sep 2023 monthly Jan 1996 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 105.3 Sep 2023 quarterly Mar 2003 - Sep 2023
Current Account Balance (USD mn) 104.9 Sep 2023 quarterly Mar 2014 - Sep 2023
Current Account Balance: % of GDP (%) -2.3 Jun 2023 quarterly Mar 2014 - Jun 2023
Foreign Direct Investment (USD mn) 387.3 Sep 2023 quarterly Mar 2014 - Sep 2023
Foreign Direct Investment: % of GDP (%) 1.0 Jun 2023 quarterly Mar 2014 - Jun 2023
Foreign Portfolio Investment (USD mn) -53.882 Sep 2023 quarterly Mar 2014 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) -0.0 Jun 2023 quarterly Mar 2007 - Jun 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 3.4 Sep 2023 quarterly Mar 2003 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -57.293 Sep 2023 quarterly Mar 2003 - Sep 2023
External Debt (USD mn) 63,124.2 Sep 2022 quarterly Dec 2006 - Sep 2022
External Debt: % of GDP (%) 50.9 2022 yearly 1970 - 2022
External Debt: Short Term (USD mn) 9,945.2 Dec 2022 quarterly Dec 2006 - Dec 2022
External Debt: Short Term: % of GDP (%) 6.6 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -5.434 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -75,760.253 2022 yearly 2002 - 2022
BoP: FA: Other Investment (OI) (MAD mn) 7,523.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Secondary Income: Credit (MAD mn) 36,738.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: GS: Services: Debit (MAD mn) 30,221.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Primary Income: Credit (MAD mn) 3,203.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: FA: Reserve Assets (MAD mn) 367.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Secondary Income (MAD mn) 35,359.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: GS: Services: Credit (MAD mn) 70,716.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: GS: Services (MAD mn) 40,495.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: FA: Direct Investment (DI) (MAD mn) -2,811.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Secondary Income: Debit (MAD mn) 1,379.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: GS: Goods: Credit (MAD mn) 81,191.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Credit (MAD mn) 191,848.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: FA: Portfolio Investment (MAD mn) 709.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: GS: Goods: Debit (MAD mn) 148,973.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: Net Errors and Omissions (MAD mn) 4,517.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Primary Income (MAD mn) -7,027.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: Financial Account (FA) (MAD mn) 5,562.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Debit (MAD mn) 190,803.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: FA: Financial Derivatives (MAD mn) -226.000 Sep 2023 quarterly Mar 2014 - Sep 2023
Balance of Payments (BoP): Current Account (CA) (MAD mn) 1,045.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: GS: Goods (MAD mn) -67,782.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Primary Income: Debit (MAD mn) 10,230.000 Sep 2023 quarterly Mar 2014 - Sep 2023
International Investment Position (IIP): Net (MAD mn) -791,520.400 2022 yearly 2013 - 2022
International Investment Position (IIP): Liabilities (MAD mn) 1,324,365.500 2022 yearly 2013 - 2022
International Investment Position (IIP): Assets (MAD mn) 532,845.100 2022 yearly 2013 - 2022
External Debt: Public: Service Payments: Interests (MAD mn) 4,270.000 Jun 2023 quarterly Mar 2003 - Jun 2023
External Debt: Public: Service Payments (MAD mn) 11,885.000 Jun 2023 quarterly Mar 2003 - Jun 2023
External Debt: Gross (MAD mn) 676,819.045 Dec 2022 quarterly Dec 2006 - Dec 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 8.6 Jan 2024 monthly Dec 2001 - Jan 2024
Household Debt: % of GDP (%) 25.3 2022 yearly 2001 - 2022
Non-Performing Loans (USD mn) 9,385.157 Jan 2024 monthly Dec 2001 - Jan 2024
Money Supply M1 (USD mn) 127,047.897 Jan 2024 monthly Jan 1985 - Jan 2024
Money Supply M2 (USD mn) 145,270.504 Jan 2024 monthly Jan 1985 - Jan 2024
M2 Growth (%) 6.7 Jan 2024 monthly Jan 1986 - Jan 2024
Reserve Requirement Ratio (%) 0.0 Dec 2023 monthly Oct 1990 - Dec 2023
Foreign Exchange Reserves (USD mn) 32,037.8 Feb 2024 monthly Dec 2001 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 22.538 Jun 2023 quarterly Dec 2007 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 5.5 Jan 2024 monthly Dec 2001 - Jan 2024
Gold Reserves (USD mn) 1,469.012 Dec 2023 monthly Jan 1960 - Dec 2023
Total Deposits (USD mn) 129,049.589 2022 yearly 1960 - 2022
Domestic Credit (USD mn) 162,926.9 Jan 2024 monthly Dec 2001 - Jan 2024
Domestic Credit Growth (%) 2.7 Jan 2024 monthly Dec 2002 - Jan 2024
Household Debt (USD mn) 34,387.9 Jan 2024 monthly Dec 2001 - Jan 2024
Total Loans (USD mn) 108,689.136 Jan 2024 monthly Dec 2001 - Jan 2024
Total Loans Growth (%) 5.50 Jan 2024 monthly Dec 2002 - Jan 2024
Private Debt: % of Nominal GDP (%) 60.11 Jun 2023 quarterly Dec 2007 - Jun 2023
Money Supply: M3 (MAD mn) 1,744,408.159 Jan 2024 monthly Jan 1985 - Jan 2024
Money Supply: M3: M2: M1 (MAD mn) 1,274,430.163 Jan 2024 monthly Jan 1985 - Jan 2024
Money Supply: M3: M2 (MAD mn) 1,457,222.954 Jan 2024 monthly Jan 1985 - Jan 2024
Official Reserve Assets (MAD mn) 360,217.000 Feb 2024 monthly Dec 2001 - Feb 2024
Official Reserve Assets: Foreign Currency Reserves (FC) (MAD mn) 322,973.023 Feb 2024 monthly Dec 2001 - Feb 2024
Official Reserve Assets: Gold: incl Gold Deposits and Gold Swapped (MAD mn) 8,725.790 Jan 2019 monthly Dec 2001 - Jan 2019
Banks Loans: Non Performing (MAD mn) 94,143.453 Jan 2024 monthly Dec 2001 - Jan 2024
Banks Loans: Consumer (MAD mn) 57,871.679 Jan 2024 monthly Dec 2001 - Jan 2024
Banks Loans: Mortgage (MAD mn) 302,233.035 Jan 2024 monthly Dec 2001 - Jan 2024

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