Morocco Real GDP Growth
The Gross Domestic Product (GDP) in Morocco contracted 14.9 % YoY in Jun 2020, following a growth of 0.1 % in the previous quarter. Real GDP Growth YoY data in Morocco is updated quarterly, available from Mar 2008 to Jun 2020, with an average rate of 3.7 %. The data reached an all-time high of 7.3 % in Mar 2008 and a record low of -14.9 % in Jun 2020. CEIC calculates Real GDP Growth from quarterly Real GDP. High Commission for Planning provides Real GDP in local currency based on SNA 2008, at chain linked 2007 prices.
In the latest reports, Nominal GDP of Morocco reached 24.5 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) fell 0.8 % in Jun 2020. GDP Per Capita in Morocco reached 3,363.7 USD in Dec 2019. Its Gross Savings Rate was measured at 28.4 % in Dec 2019.
View Morocco's Real GDP Growth from Mar 2008 to Jun 2020 in the chart:
What was Morocco's Real GDP Growth in Jun 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -14.9 Jun 2020 | 0.1 Mar 2020 | -14.9 Jun 2020 | 7.3 Mar 2008 | % | quarterly | Mar 2008 - Jun 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -6.8 Sep 2020 | quarterly | Mar 2009 - Sep 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.6 2019 | yearly | 1980 - 2019 |
| Consolidated Fiscal Balance (USD mn) | -5,428.264 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
| Tax Revenue (USD mn) | 20,234.425 2020 | yearly | 1980 - 2020 |
| Tax Revenue: % of GDP (%) | 21.1 Dec 2017 | quarterly | Mar 2007 - Dec 2017 |
| National Government Debt (USD mn) | 77,971.5 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Government Debt: % of GDP (%) | 65.0 2019 | yearly | 1994 - 2019 |
| Forecast: Government Expenditure (MAD bn) | 415.386 2025 | yearly | 1990 - 2025 |
| Forecast: Government Net Debt (MAD bn) | 963.103 2025 | yearly | 1990 - 2025 |
| Forecast: Government Revenue (MAD bn) | 380.531 2025 | yearly | 1990 - 2025 |
| Treasury Revenue: ytd: Ordinary (MAD mn) | 249,368.000 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Treasury Revenue: ytd: Ordinary: Fiscal (MAD mn) | 206,008.000 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Treasury Revenue: ytd: Ordinary: Fiscal: Direct Tax (MAD mn) | 93,361.000 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Treasury Expenditure: ytd (MAD mn) | 333,517.000 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Treasury Expenditure: ytd: Ordinary (MAD mn) | 243,604.000 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Treasury Expenditure: ytd: Investment (MAD mn) | 89,913.000 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Treasury: ytd: Surplus or Deficit (MAD mn) | -82,042.000 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Treasury: ytd: Net Financing (MAD mn) | -67,612.000 Dec 2020 | monthly | Jan 2001 - Dec 2020 |
| Central Government Debt: Outstanding (MAD mn) | 747,996.300 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Central Government Debt: Outstanding: Short Term (MAD mn) | 11,120.500 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Central Government Debt: Outstanding: Short Term: Domestic (MAD mn) | 11,120.500 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Central Government Debt: Outstanding: Medium and Long Term (MAD mn) | 736,875.800 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Central Government Debt: Outstanding: Medium and Long Term: Domestic (MAD mn) | 575,376.800 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
| Central Government Debt: Outstanding: Medium and Long Term: Foreign (MAD mn) | 161,499.000 Dec 2019 | quarterly | Dec 2006 - Dec 2019 |
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