Morocco

Official Name: The Kingdom of Morocco
Sovereign Status: Sovereign Country
Government Type: Parliamentary Constitutional Monarchy
Official Name (Local Language): Al Mamlakah al Maghribiyah
ISO Country Codes: MA : MAR
Internet Domain: .ma
Government Web Site: https://www.maroc.ma/en
Capital: Rabat Main Airports: Mohammed V International Airport, Rabat-Salé Airport, Tangier Ibn Battuta Airport
Language(s): Arabic;Berber languages;French Population: 36,738,229
Currency: Moroccan Dirham ISO Currency Code: MAD
Telephone Dial In: +212 ID Prefix: 00




Morocco

Government Website: https://www.maroc.ma/en
Sovereign Ratings: https://countryeconomy.com/ratings/morocco
Central Bank: Bank Al-Maghrib
Currency USD Exchange Rate: 9.0065 Moroccan dirhams (MAD) per US dollar (2020 est.)
Unemployment Rate: 9.23% (2019 est.)
Population below poverty line: 4.8% (2013 est.)
Inflation Rate: 0.2% (2019 est.)
Prime Lending Rate: 5.60% (31-Dec-17 - Photius)
GDP: $303.336 billion (2021 est.)
GDP Pro Capita (PPP): $8,100 (2021 est.)
Currency Name: Moroccan Dirham
Currency Code: MAD
World Bank Classification: Lower-Middle Income Economy

GDP Composition:

Agriculture: 13.1% barley, wheat, citrus fruits, grapes, vegetables, olives; livestock; wine
Industry: 29.8% automotive parts, phosphate mining and processing, aerospace, food processing, leather goods, textiles, construction, energy, tourism
Services: 57.2%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Bourse de Casablanca ;


National Dataset(s):

Morocco


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): Arabic; French
Customs & Excise: The Minister of Economy and Finance
Development Bank(s): African Development Bank; Islamic Development Bank; The European Bank for Reconstruction and Development;
National Standards Bureau: Institut Marocain de Normalisation
Competitive Ind’l Performance: 75/141 (2019) Corruption Perceptions Index: 94/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: 49/136 (2016)
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