Morocco Forecast: Unemployment Rate

1995 - 2031 | Yearly | % | International Monetary Fund

Key information about Morocco Unemployment Rate Forecast

  • Morocco Unemployment Rate is forecasted to be 12.203 % in Dec 2026 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 13.000 % in Dec 2025
  • Looking ahead, Morocco Unemployment Rate is projected to stand at 10.982 % in Dec 2031
  • 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 2031 in the chart:

Morocco Forecast: Unemployment Rate

What is Morocco's Forecast: Unemployment Rate in 2031?

Morocco Unemployment Rate is forecasted to be 12.203 % in Dec 2026 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
10.982 2031 10.998 2030 8.900 2011 16.000 1995 % yearly 1995 - 2031

Forecast: Unemployment Rate by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 8.700 2031 yearly 1980 - 2031
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 1.500 2031 yearly 2010 - 2031
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 6.500 2031 yearly 1980 - 2031
Armenia (%) 12.100 2031 yearly 2001 - 2031
Aruba (%) 4.823 2030 yearly 1986 - 2030
Australia (%) 4.457 2031 yearly 1980 - 2031
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 4.977 2031 yearly 2000 - 2031
Bahamas (%) 9.001 2031 yearly 1986 - 2031
Bahrain (%) 6.200 2024 yearly 2007 - 2024
Bangladesh (%) 0.000 yearly -
Barbados (%) 6.805 2031 yearly 1981 - 2031
Belarus (%) 2.889 2031 yearly 1993 - 2031
Belgium (%) 5.800 2031 yearly 1980 - 2031
Belize (%) 2.600 2031 yearly 1990 - 2031
Benin (%) 0.000 yearly -
Bhutan (%) 3.500 2023 yearly 2003 - 2023
Bolivia (%) 4.500 2026 yearly 2000 - 2026
Bosnia and Herzegovina (%) 12.600 2031 yearly 1995 - 2031
Botswana (%) 0.000 yearly -
Brazil (%) 7.400 2031 yearly 1991 - 2031
Brunei (%) 4.748 2031 yearly 2011 - 2031
Bulgaria (%) 3.200 2031 yearly 1989 - 2031
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 6.004 2031 yearly 1980 - 2031
Cape Verde (%) 8.500 2031 yearly 1980 - 2031
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.353 2031 yearly 1980 - 2031
China (%) 5.100 2031 yearly 2017 - 2031
Colombia (%) 10.000 2031 yearly 1980 - 2031
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 8.500 2030 yearly 1980 - 2030
Croatia (%) 4.700 2031 yearly 1991 - 2031
Cyprus (%) 4.733 2031 yearly 1982 - 2031
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 (%) 5.000 2031 yearly 1991 - 2031
Ecuador (%) 3.100 2031 yearly 1988 - 2031
Egypt (%) 9.454 2031 yearly 1990 - 2031
El Salvador (%) 4.780 2031 yearly 1988 - 2031
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.209 2031 yearly 1993 - 2031
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2031 yearly 1986 - 2031
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 13.900 2031 yearly 1996 - 2031
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 (%) 6.500 2031 yearly 1980 - 2031
Hong Kong SAR, China (%) 2.667 2031 yearly 1980 - 2031
Hungary (%) 3.800 2031 yearly 1980 - 2031
Iceland (%) 4.000 2031 yearly 1980 - 2031
India (%) 0.000 yearly -
Indonesia (%) 4.700 2031 yearly 1984 - 2031
Iran (%) 9.000 2031 yearly 1990 - 2031
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 3.600 2031 yearly 1980 - 2031
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 3.400 2025 yearly 1980 - 2025
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 21.325 2031 yearly 1984 - 2031
Kazakhstan (%) 4.353 2031 yearly 1994 - 2031
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 2.800 2031 yearly 1980 - 2031
Kosovo (%) 10.875 2023 yearly 2012 - 2023
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 3.983 2031 yearly 1994 - 2031
Laos (%) 0.000 yearly -
Latvia (%) 6.256 2031 yearly 1992 - 2031
Lebanon (%) 11.543 2023 yearly 1991 - 2023
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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Morocco Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.9 2024 yearly 1980 - 2024
Consolidated Fiscal Balance (USD mn) -1,666.498 Apr 2026 monthly Jan 2000 - Apr 2026
Tax Revenue (USD mn) 38,383.752 2025 yearly 1980 - 2025
Tax Revenue: % of GDP (%) 21.0 Sep 2024 quarterly Mar 2007 - Sep 2024
National Government Debt (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Government Debt: % of GDP (%) 71.4 2022 yearly 1994 - 2022
Forecast: Government Expenditure (MAD bn) 747.328 2031 yearly 1990 - 2031
Forecast: Government Net Debt (MAD bn) 1,509.442 2031 yearly 1990 - 2031
Forecast: Government Revenue (MAD bn) 672.054 2031 yearly 1990 - 2031
Treasury Expenditure: ytd (MAD mn) 197,618.000 Apr 2026 monthly Jan 2000 - Apr 2026
Treasury Revenue: ytd: Ordinary (MAD mn) 154,279.000 Apr 2026 monthly Jan 2000 - Apr 2026
Treasury: ytd: Net Financing (MAD mn) -20,941.000 Apr 2026 monthly Jan 2001 - Apr 2026
Treasury Expenditure: ytd: Investment (MAD mn) 44,970.000 Apr 2026 monthly Jan 2000 - Apr 2026
Treasury Revenue: ytd: Ordinary: Fiscal (MAD mn) 142,033.000 Apr 2026 monthly Jan 2000 - Apr 2026
Treasury: ytd: Surplus or Deficit (MAD mn) -15,463.000 Apr 2026 monthly Jan 2000 - Apr 2026
Treasury Expenditure: ytd: Ordinary (MAD mn) 152,648.000 Apr 2026 monthly Jan 2000 - Apr 2026
Treasury Revenue: ytd: Ordinary: Fiscal: Direct Tax (MAD mn) 74,769.000 Apr 2026 monthly Jan 2000 - Apr 2026
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 (MAD mn) 951,774.790 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: Short Term: Domestic (MAD mn) 47,523.900 Dec 2022 quarterly Dec 2006 - Dec 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: Domestic (MAD mn) 675,391.990 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) -2,137.8 Apr 2026 monthly Jan 1957 - Apr 2026
Total Exports (USD mn) 7,737.0 Apr 2026 monthly Jan 1996 - Apr 2026
Total Exports Growth (%) 88.9 Apr 2026 monthly Jan 1997 - Apr 2026
Aluminum: Exports (USD th) 65,801.935 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 110,977.301 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 38,088.800 2024 yearly 1995 - 2024
Total Imports (USD mn) 9,874.8 Apr 2026 monthly Jan 1996 - Apr 2026
Total Imports Growth (%) -0.5 Mar 2026 monthly Jan 1997 - Mar 2026
Imports: Medicament (USD th) 689,607.482 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 834,313.216 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 182.854 Dec 2025 monthly Jan 1996 - Dec 2025
Total Imports from USA (USD mn) 689.834 Dec 2025 monthly Jan 1980 - Dec 2025
Total Exports to China (USD mn) 59.322 Dec 2025 monthly Jan 1996 - Dec 2025
Total Imports from China (USD mn) 1,045.853 Dec 2025 monthly Jul 1981 - Dec 2025
Exports: America: ow United States of America (MAD) 1,679,460,071.325 Dec 2025 monthly Jan 1996 - Dec 2025
Exports: Asia: ow India (MAD) 1,238,186,631.502 Dec 2025 monthly Jan 1996 - Dec 2025
Exports: Europe: ow France (MAD) 8,965,384,807.596 Dec 2025 monthly Jan 1996 - Dec 2025
Exports: Europe: ow Spain (MAD) 6,876,179,336.535 Dec 2025 monthly Jan 1996 - Dec 2025
Exports: Asia: ow China (MAD) 544,849,965.779 Dec 2025 monthly Jan 1996 - Dec 2025
Exports: Food, Beverages and Tobacco (MAD) 7,760,337,098.012 Dec 2025 monthly Jan 1996 - Dec 2025
Exports: Semi Finished Products (MAD) 13,767,926,448.118 Dec 2025 monthly Jan 1996 - Dec 2025
Exports: Raw Materials: Mineral Origin (MAD) 2,253,214,516.104 Dec 2025 monthly Jan 1996 - Dec 2025
Exports: Finished Products: Consumption (MAD) 11,636,892,646.041 Dec 2025 monthly Jan 1996 - Dec 2025
Exports: Finished Products: Industrial Equipment (MAD) 8,414,215,940.210 Dec 2025 monthly Jan 1996 - Dec 2025
Exports: Value: Phosphate and Derivatives: Phosphoric Acid (MAD mn) 1,627.055 Dec 2025 monthly Jan 1998 - Dec 2025
Exports: Value: Phosphate and Derivatives: Natural and Chemical Fertilizers (MAD mn) 9,681.531 Dec 2025 monthly Jan 1998 - Dec 2025
Exports: Value: excl Phosphate and Derivatives (MAD mn) 33,261.803 Dec 2025 monthly Jan 1998 - Dec 2025
Exports: Value: Phosphate and Derivatives: Phosphate (MAD mn) 963.611 Dec 2025 monthly Jan 1998 - Dec 2025
Exports: Value: Phosphate and Derivatives (MAD mn) 12,272.197 Dec 2025 monthly Jan 1998 - Dec 2025
Imports: Europe: ow Germany (MAD) 4,090,725,344.201 Dec 2025 monthly Jan 1996 - Dec 2025
Imports: Europe: ow Spain (MAD) 9,503,504,669.908 Dec 2025 monthly Jan 1996 - Dec 2025
Imports: Asia: ow China (MAD) 9,605,837,558.012 Dec 2025 monthly Jan 1996 - Dec 2025
Imports: Europe: ow France (MAD) 6,423,715,621.366 Dec 2025 monthly Jan 1996 - Dec 2025
Imports: Finished Products: Consumption (MAD) 17,331,335,180.516 Dec 2025 monthly Dec 1995 - Dec 2025
Imports: Finished Products: Industrial Equipment (MAD) 17,828,531,278.032 Dec 2025 monthly Dec 1995 - Dec 2025
Imports: Semi Finished Products (MAD) 13,927,538,510.826 Dec 2025 monthly Dec 1995 - Dec 2025
Imports: Food, Beverages and Tobacco (MAD) 8,421,746,866.227 Dec 2025 monthly Dec 1995 - Dec 2025
Imports: Energy and Lubricants (MAD) 8,688,937,528.064 Dec 2025 monthly Dec 1995 - Dec 2025
Re-Exports (MAD mn) 295,633.491 2025 yearly 1993 - 2025
Exports: Value (MAD mn) 71,790.000 Apr 2026 monthly Jan 1996 - Apr 2026
Imports (MAD mn) 91,626.000 Apr 2026 monthly Jan 1996 - Apr 2026
Imports: Oil (MAD mn) 1,094.714 Mar 2026 monthly Jan 1998 - Mar 2026
Import Value Index (2015=100) 180.100 2023 yearly 1980 - 2023
Export Value Index (2015=100) 186.400 2023 yearly 1980 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 578.0 Dec 2025 quarterly Mar 2003 - Dec 2025
Current Account Balance (USD mn) -1,453.2 Dec 2025 quarterly Mar 2014 - Dec 2025
Current Account Balance: % of GDP (%) -3.0 Dec 2025 quarterly Mar 2014 - Dec 2025
Foreign Direct Investment (USD mn) 972.5 Dec 2025 quarterly Mar 2014 - Dec 2025
Foreign Direct Investment: % of GDP (%) 2.0 Dec 2025 quarterly Mar 2014 - Dec 2025
Foreign Portfolio Investment (USD mn) -987.474 Dec 2025 quarterly Mar 2014 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) -2.1 Dec 2025 quarterly Mar 2007 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -473.5 Dec 2025 quarterly Mar 2003 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -514.198 Dec 2025 quarterly Mar 2003 - Dec 2025
External Debt (USD mn) 64,781.6 Dec 2022 quarterly Dec 2006 - Dec 2022
External Debt: % of GDP (%) 50.8 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 (%) 7.8 2022 yearly 1970 - 2022
Forecast: Current Account Balance (USD bn) -9.362 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -66,490.713 2024 yearly 2002 - 2024
BoP: FA: Other Investment (OI) (MAD mn) -28,365.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: GS: Goods (MAD mn) -82,787.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: Secondary Income: Credit (MAD mn) 36,680.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: FA: Direct Investment (DI) (MAD mn) -3,635.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: Secondary Income (MAD mn) 34,782.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: GS: Services: Debit (MAD mn) 41,632.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: Secondary Income: Debit (MAD mn) 1,898.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: FA: Reserve Assets (MAD mn) 16,926.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: GS: Services (MAD mn) 39,406.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: Credit (MAD mn) 230,527.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: Primary Income: Credit (MAD mn) 4,803.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: GS: Goods: Credit (MAD mn) 108,006.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: Primary Income: Debit (MAD mn) 9,594.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: GS: Services: Credit (MAD mn) 81,038.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: Net Errors and Omissions (MAD mn) 2,510.000 Dec 2025 quarterly Mar 2014 - Dec 2025
Balance of Payments (BoP): Current Account (CA) (MAD mn) -13,390.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: FA: Financial Derivatives (MAD mn) -133.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: GS: Goods: Debit (MAD mn) 190,793.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: Debit (MAD mn) 243,917.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: CA: Primary Income (MAD mn) -4,791.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: Financial Account (FA) (MAD mn) -10,880.000 Dec 2025 quarterly Mar 2014 - Dec 2025
BoP: FA: Portfolio Investment (MAD mn) 4,327.000 Dec 2025 quarterly Mar 2014 - Dec 2025
International Investment Position (IIP): Net (MAD mn) -791,520.400 2022 yearly 2013 - 2022
International Investment Position (IIP): Assets (MAD mn) 532,845.100 2022 yearly 2013 - 2022
International Investment Position (IIP): Liabilities (MAD mn) 1,324,365.500 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 (%) 8.3 Apr 2026 monthly Dec 2001 - Apr 2026
Household Debt: % of GDP (%) 22.0 2024 yearly 2001 - 2024
Non-Performing Loans (USD mn) 11,203.227 Apr 2026 monthly Dec 2001 - Apr 2026
Money Supply M1 (USD mn) 172,461.539 Apr 2026 monthly Jan 1985 - Apr 2026
Money Supply M2 (USD mn) 193,830.394 Apr 2026 monthly Jan 1985 - Apr 2026
M2 Growth (%) 12.3 Apr 2026 monthly Jan 1986 - Apr 2026
Reserve Requirement Ratio (%) 0.0 May 2026 monthly Oct 1990 - May 2026
Foreign Exchange Reserves (USD mn) 48,016.1 May 2026 monthly Dec 2001 - May 2026
Foreign Exchange Reserves: % of GDP (%) 23.122 Dec 2025 quarterly Dec 2007 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 4.6 Apr 2026 monthly Dec 2001 - Apr 2026
Gold Reserves (USD mn) 3,220.340 May 2026 monthly Jan 1960 - May 2026
Total Deposits (USD mn) 158,229.086 2024 yearly 1960 - 2024
Domestic Credit (USD mn) 205,866.2 Apr 2026 monthly Dec 2001 - Apr 2026
Domestic Credit Growth (%) 9.3 Apr 2026 monthly Dec 2002 - Apr 2026
Household Debt (USD mn) 39,815.2 Apr 2026 monthly Dec 2001 - Apr 2026
Total Loans (USD mn) 134,824.823 Apr 2026 monthly Dec 2001 - Apr 2026
Total Loans Growth (%) 7.78 Apr 2026 monthly Dec 2002 - Apr 2026
Private Debt: % of Nominal GDP (%) 51.62 Dec 2025 quarterly Dec 2007 - Dec 2025
Money Supply: M3 (MAD mn) 2,119,882.077 Apr 2026 monthly Jan 1985 - Apr 2026
Money Supply: M3: M2: M1 (MAD mn) 1,594,872.577 Apr 2026 monthly Jan 1985 - Apr 2026
Money Supply: M3: M2 (MAD mn) 1,792,485.339 Apr 2026 monthly Jan 1985 - Apr 2026
Official Reserve Assets: Foreign Currency Reserves (FC) (MAD mn) 441,397.807 May 2026 monthly Dec 2001 - May 2026
Official Reserve Assets (MAD mn) 469,783.359 Apr 2026 monthly Dec 2001 - Apr 2026
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) 325,690.553 Apr 2026 monthly Dec 2001 - Apr 2026
Banks Loans: Consumer (MAD mn) 62,076.877 Apr 2026 monthly Dec 2001 - Apr 2026
Banks Loans: Non Performing (MAD mn) 103,604.080 Apr 2026 monthly Dec 2001 - Apr 2026

More Indicators for Morocco

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