Morocco Forecast: Real GDP Growth

1980 - 2027 | Yearly | % | International Monetary Fund

Key information about Morocco Forecast: Real GDP Growth

  • Morocco Real GDP Growth is forecasted to be 0.767 % in Dec 2022 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 7.930 % in Dec 2021.
  • Looking ahead, Morocco Real GDP Growth is projected to stand at 3.355 % in Dec 2027.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Morocco's Forecast: Real GDP Growth from 1980 to 2027 in the chart:

Morocco Forecast: Real GDP Growth

What is Morocco's Forecast: Real GDP Growth in 2027?

Morocco Real GDP Growth is forecasted to be 0.767 % in Dec 2022 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.355 2027 3.235 2026 -7.187 2020 12.373 1996 % yearly 1980 - 2027

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 2.711 2023 yearly 2003 - 2023
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2028 yearly 2001 - 2028
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.100 2028 yearly 1987 - 2028
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 5.114 2029 yearly 1980 - 2029
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.643 2029 yearly 1980 - 2029
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.983 2029 yearly 1980 - 2029
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.519 2029 yearly 1980 - 2029
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.432 2029 yearly 1980 - 2029
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.800 2029 yearly 2001 - 2029
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 2.084 2030 yearly 1981 - 2030
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Morocco Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.0 2023 yearly 1980 - 2023
Consolidated Fiscal Balance (USD mn) -4,585.161 Nov 2024 monthly Jan 2000 - Nov 2024
Tax Revenue (USD mn) 27,207.847 2023 yearly 1980 - 2023
Tax Revenue: % of GDP (%) 22.6 Jun 2024 quarterly Mar 2007 - Jun 2024
National Government Debt (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Government Debt: % of GDP (%) 71.5 2022 yearly 1994 - 2022
Forecast: Government Expenditure (MAD bn) 612.407 2029 yearly 1990 - 2029
Forecast: Government Net Debt (MAD bn) 1,340.928 2029 yearly 1990 - 2029
Forecast: Government Revenue (MAD bn) 549.147 2029 yearly 1990 - 2029
Treasury Expenditure: ytd (MAD mn) 382,642.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury Revenue: ytd: Ordinary (MAD mn) 316,211.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury: ytd: Net Financing (MAD mn) -55,844.000 Nov 2024 monthly Jan 2001 - Nov 2024
Treasury Expenditure: ytd: Investment (MAD mn) 88,240.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury Revenue: ytd: Ordinary: Fiscal (MAD mn) 275,799.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury: ytd: Surplus or Deficit (MAD mn) -45,642.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury Revenue: ytd: Ordinary: Fiscal: Direct Tax (MAD mn) 118,004.000 Nov 2024 monthly Jan 2000 - Nov 2024
Treasury Expenditure: ytd: Ordinary (MAD mn) 294,402.000 Nov 2024 monthly Jan 2000 - Nov 2024
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: 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: Medium and Long Term: Domestic (MAD mn) 675,391.990 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) -2,763.9 Oct 2024 monthly Jan 1957 - Oct 2024
Total Exports (USD mn) 4,270.9 Oct 2024 monthly Jan 1996 - Oct 2024
Total Exports Growth (%) 20.1 Oct 2024 monthly Jan 1997 - Oct 2024
Aluminum: Exports (USD th) 83,295.570 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 86,838.033 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 30,421.033 2023 yearly 1995 - 2023
Total Imports (USD mn) 7,034.7 Oct 2024 monthly Jan 1996 - Oct 2024
Total Imports Growth (%) 14.3 Oct 2024 monthly Jan 1997 - Oct 2024
Imports: Medicament (USD th) 619,251.278 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 367,131.053 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 139.768 Mar 2024 monthly Jan 1996 - Mar 2024
Total Imports from USA (USD mn) 437.897 Jun 2024 monthly Jan 1980 - Jun 2024
Total Exports to China (USD mn) 25.202 Mar 2024 monthly Jan 1996 - Mar 2024
Total Imports from China (USD mn) 742.536 Jun 2024 monthly Jul 1981 - Jun 2024
Imports: Oil (MAD mn) 988.433 Sep 2024 monthly Jan 1998 - Sep 2024
Imports (MAD mn) 69,231.000 Oct 2024 monthly Jan 1996 - Oct 2024
Exports: Food, Beverages and Tobacco (MAD) 3,890,081,994.000 Jun 2024 monthly Jan 1996 - Jun 2024
Exports: Semi Finished Products (MAD) 8,302,170,888.000 Jun 2024 monthly Jan 1996 - Jun 2024
Exports: Raw Materials: Mineral Origin (MAD) 1,617,648,838.000 Jun 2024 monthly Jan 1996 - Jun 2024
Exports: Finished Products: Consumption (MAD) 12,384,664,397.000 Jun 2024 monthly Jan 1996 - Jun 2024
Exports: Finished Products: Industrial Equipment (MAD) 7,309,402,637.000 Jun 2024 monthly Jan 1996 - Jun 2024
Exports: Value: Phosphate and Derivatives: Phosphoric Acid (MAD mn) 1,242.657 Jun 2024 monthly Jan 1998 - Jun 2024
Exports: Value (MAD mn) 42,031.000 Oct 2024 monthly Jan 1996 - Oct 2024
Exports: Value: excl Phosphate and Derivatives (MAD mn) 28,142.589 Jun 2024 monthly Jan 1998 - Jun 2024
Exports: Value: Phosphate and Derivatives: Natural and Chemical Fertilizers (MAD mn) 4,496.923 Jun 2024 monthly Jan 1998 - Jun 2024
Exports: Value: Phosphate and Derivatives: Phosphate (MAD mn) 825.831 Jun 2024 monthly Jan 1998 - Jun 2024
Exports: Value: Phosphate and Derivatives (MAD mn) 6,565.411 Jun 2024 monthly Jan 1998 - Jun 2024
Exports: America: ow United States of America (MAD) 1,406,575,090.000 Mar 2024 monthly Jan 1996 - Mar 2024
Exports: Asia: ow India (MAD) 604,558,649.000 Mar 2024 monthly Jan 1996 - Mar 2024
Exports: Europe: ow France (MAD) 7,543,232,378.000 Mar 2024 monthly Jan 1996 - Mar 2024
Exports: Europe: ow Spain (MAD) 9,446,001,399.000 Mar 2024 monthly Jan 1996 - Mar 2024
Exports: Asia: ow China (MAD) 253,619,192.000 Mar 2024 monthly Jan 1996 - Mar 2024
Re-Exports (MAD mn) 127,670.514 2023 yearly 1993 - 2023
Imports: Finished Products: Consumption (MAD) 12,657,442,504.000 Jun 2024 monthly Dec 1995 - Jun 2024
Imports: Finished Products: Industrial Equipment (MAD) 13,000,689,531.000 Jun 2024 monthly Dec 1995 - Jun 2024
Imports: Semi Finished Products (MAD) 12,970,812,639.000 Jun 2024 monthly Dec 1995 - Jun 2024
Imports: Food, Beverages and Tobacco (MAD) 7,073,922,935.000 Jun 2024 monthly Dec 1995 - Jun 2024
Imports: Energy and Lubricants (MAD) 8,520,684,920.000 Jun 2024 monthly Dec 1995 - Jun 2024
Imports: Europe: ow Germany (MAD) 2,867,524,234.000 Jun 2024 monthly Jan 1996 - Jun 2024
Imports: Europe: ow Spain (MAD) 9,409,620,517.000 Jun 2024 monthly Jan 1996 - Jun 2024
Imports: Asia: ow China (MAD) 7,385,173,574.000 Jun 2024 monthly Jan 1996 - Jun 2024
Imports: Europe: ow France (MAD) 5,368,182,007.000 Jun 2024 monthly Jan 1996 - Jun 2024
Import Value Index (2015=100) 152.320 2021 yearly 1980 - 2021
Export Value Index (2015=100) 160.484 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 16.4 Jun 2024 quarterly Mar 2003 - Jun 2024
Current Account Balance (USD mn) -1,332.0 Jun 2024 quarterly Mar 2014 - Jun 2024
Current Account Balance: % of GDP (%) -3.6 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Direct Investment (USD mn) 449.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Direct Investment: % of GDP (%) 1.2 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Portfolio Investment (USD mn) 508.705 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 1.4 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -8.3 Jun 2024 quarterly Mar 2003 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 516.994 Jun 2024 quarterly Mar 2003 - Jun 2024
External Debt (USD mn) 64,781.6 Dec 2022 quarterly Dec 2006 - Dec 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 (%) 7.8 2022 yearly 1970 - 2022
Forecast: Current Account Balance (USD bn) -6.645 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -79,730.918 2023 yearly 2002 - 2023
BoP: CA: GS: Goods (MAD mn) -69,037.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: FA: Other Investment (OI) (MAD mn) 760.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: FA: Direct Investment (DI) (MAD mn) -4,337.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: Primary Income: Credit (MAD mn) 2,315.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: GS: Services: Credit (MAD mn) 64,256.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: GS: Services: Debit (MAD mn) 34,459.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: GS: Services (MAD mn) 29,797.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: GS: Goods: Debit (MAD mn) 165,218.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: Secondary Income (MAD mn) 32,961.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: Primary Income: Debit (MAD mn) 9,374.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: FA: Reserve Assets (MAD mn) 7,888.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: Net Errors and Omissions (MAD mn) 10,184.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: Secondary Income: Credit (MAD mn) 34,442.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: GS: Goods: Credit (MAD mn) 96,181.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: Credit (MAD mn) 197,194.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: FA: Financial Derivatives (MAD mn) 25.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: FA: Portfolio Investment (MAD mn) -7,490.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: Financial Account (FA) (MAD mn) -3,154.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: Debit (MAD mn) 210,532.000 Jun 2024 quarterly Mar 2014 - Jun 2024
Balance of Payments (BoP): Current Account (CA) (MAD mn) -13,338.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: Primary Income (MAD mn) -7,059.000 Jun 2024 quarterly Mar 2014 - Jun 2024
BoP: CA: Secondary Income: Debit (MAD mn) 1,481.000 Jun 2024 quarterly Mar 2014 - Jun 2024
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 (%) 8.8 Oct 2024 monthly Dec 2001 - Oct 2024
Household Debt: % of GDP (%) 23.5 2023 yearly 2001 - 2023
Non-Performing Loans (USD mn) 10,004.737 Oct 2024 monthly Dec 2001 - Oct 2024
Money Supply M1 (USD mn) 137,644.271 Oct 2024 monthly Jan 1985 - Oct 2024
Money Supply M2 (USD mn) 156,779.989 Oct 2024 monthly Jan 1985 - Oct 2024
M2 Growth (%) 8.1 Oct 2024 monthly Jan 1986 - Oct 2024
Reserve Requirement Ratio (%) 0.0 Nov 2024 monthly Oct 1990 - Nov 2024
Foreign Exchange Reserves (USD mn) 32,840.8 Nov 2024 monthly Dec 2001 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 22.019 Jun 2024 quarterly Dec 2007 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 4.7 Oct 2024 monthly Dec 2001 - Oct 2024
Gold Reserves (USD mn) 1,890.626 Nov 2024 monthly Jan 1960 - Nov 2024
Total Deposits (USD mn) 138,989.916 2023 yearly 1960 - 2023
Domestic Credit (USD mn) 174,890.2 Oct 2024 monthly Dec 2001 - Oct 2024
Domestic Credit Growth (%) 6.6 Oct 2024 monthly Dec 2002 - Oct 2024
Household Debt (USD mn) 35,610.5 Oct 2024 monthly Dec 2001 - Oct 2024
Total Loans (USD mn) 113,882.384 Oct 2024 monthly Dec 2001 - Oct 2024
Total Loans Growth (%) 3.65 Oct 2024 monthly Dec 2002 - Oct 2024
Private Debt: % of Nominal GDP (%) 55.86 Jun 2024 quarterly Dec 2007 - Jun 2024
Money Supply: M3: M2: M1 (MAD mn) 1,355,025.263 Oct 2024 monthly Jan 1985 - Oct 2024
Money Supply: M3: M2 (MAD mn) 1,543,404.928 Oct 2024 monthly Jan 1985 - Oct 2024
Money Supply: M3 (MAD mn) 1,846,082.303 Oct 2024 monthly Jan 1985 - Oct 2024
Official Reserve Assets: Foreign Currency Reserves (FC) (MAD mn) 328,483.436 Nov 2024 monthly Dec 2001 - Nov 2024
Official Reserve Assets (MAD mn) 369,775.957 Nov 2024 monthly Dec 2001 - Nov 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: Mortgage (MAD mn) 308,481.381 Oct 2024 monthly Dec 2001 - Oct 2024
Banks Loans: Non Performing (MAD mn) 98,490.629 Oct 2024 monthly Dec 2001 - Oct 2024
Banks Loans: Consumer (MAD mn) 58,685.028 Oct 2024 monthly Dec 2001 - Oct 2024

More Indicators for Morocco

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