The OECD and the Government of the Kingdom of Morocco signed today a Memorandum of Understanding to renew the Country Programme, for a period of three years, to support Morocco’s reform agenda.

Today, Morocco signed the BEPS MLI, becoming the 89th jurisdiction to join the Convention, which now covers almost 1,530 bilateral tax treaties. Mr. Mohamed Benchaaboun, Minister of Economy and Finance of Morocco signed the Convention in the presence of Angel Gurría, Secretary-General of the OECD.

The Global Forum Secretariat is assisting Morocco in preparing for its second round of peer review aimed at assessing its compliance with the international standard of exchange of information on request.

IP Addresses in Morocco increased to 3732705 IP in the first quarter of 2017 from 3547224 IP in the fourth quarter of 2016. IP Addresses in Morocco averaged 1315813.92 IP from 2007 until 2017, reaching an all time high of 3732705 IP in the first quarter of 2017 and a record low of 214821 IP in the third quarter of 2007. This page includes a chart with historical data for MoroccoIP Addresses.

Temperature in Morocco decreased to 12.55 celsius in December from 15.06 celsius in November of 2015. Temperature in Morocco averaged 17.63 celsius from 1787 until 2015, reaching an all time high of 28.91 celsius in July of 2009 and a record low of 7.12 celsius in January of 1848. This page includes a chart with historical data for Morocco Average Temperature.

Precipitation in Morocco decreased to 2.47 mm in December from 8.07 mm in November of 2015. Precipitation in Morocco averaged 27.18 mm from 1901 until 2015, reaching an all time high of 126.11 mm in December of 1996 and a record low of 0 mm in July of 1980. This page includes a chart with historical data for Morocco Average Precipitation.

Military Expenditure in Morocco increased to 3465 USD Million in 2018 from 3461 USD Million in 2017. Military Expenditure in Morocco averaged 1588.49 USD Million from 1956 until 2018, reaching an all time high of 3651 USD Million in 2013 and a record low of 104 USD Million in 1956.

Deposit Interest Rate in Morocco remained unchanged at 3.10 percent in 2018 from 3.10 percent in 2017. Deposit Interest Rate in Morocco averaged 5.34 percent from 1980 until 2018, reaching an all time high of 8.50 percent in 1986 and a record low of 3.10 percent in 2017. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Morocco.

Gross Fixed Capital Formation in Morocco increased to 314963 MAD Million in 2018 from 302226 MAD Million in 2017. Gross Fixed Capital Formation in Morocco averaged 75401.06 MAD Million from 1952 until 2018, reaching an all time high of 314963 MAD Million in 2018 and a record low of 690 MAD Million in 1957. This page provides - Morocco Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Morocco scored 41 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Morocco averaged 36.76 Points from 1998 until 2019, reaching an all time high of 47 Points in 2000 and a record low of 32 Points in 2004. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Morocco Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Morocco is the 80 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Morocco averaged 74.52 from 1998 until 2019, reaching an all time high of 91 in 2013 and a record low of 37 in 2000. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Morocco Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Morocco was worth 120 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Morocco represents 0.10 percent of the world economy. GDP in Morocco averaged 39.48 USD Billion from 1960 until 2019, reaching an all time high of 120 USD Billion in 2019 and a record low of 2.03 USD Billion in 1961. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Morocco GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Morocco was last recorded at 2 percent. Interest Rate in Morocco averaged 3.73 percent from 1995 until 2020, reaching an all time high of 7 percent in August of 1995 and a record low of 2 percent in March of 2020. In Morocco, interest rate decisions are taken by Morocco’s central bank, Bank al- Maghrib. The official interest rate is the key rate. This page provides the latest reported value for - Morocco Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cpi Housing Utilities in Morocco increased to 117.70 points in March from 117.60 points in February of 2020. Cpi Housing Utilities in Morocco averaged 110.13 points from 2008 until 2020, reaching an all time high of 117.70 points in October of 2019 and a record low of 103.30 points in November of 2008. This page provides - Morocco Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Morocco decreased to 109.90 points in March of 2020 from 111.90 points in February of 2020. CPI Transportation in Morocco averaged 108.35 points from 2008 until 2020, reaching an all time high of 114 points in July of 2014 and a record low of 102.70 points in March of 2009. This page provides - Morocco Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Morocco decreased to 1426031 MAD Million in February from 1431200 MAD Million in January of 2020. Banks Balance Sheet in Morocco averaged 872056.34 MAD Million from 2001 until 2020, reaching an all time high of 1448618 MAD Million in December of 2019 and a record low of 360422.93 MAD Million in March of 2002. This page provides - Morocco Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Morocco decreased to 10957 Thousand in the first quarter of 2020 from 10975 Thousand in the fourth quarter of 2019. Employed Persons in Morocco averaged 10107.82 Thousand from 1999 until 2020, reaching an all time high of 11082 Thousand in the second quarter of 2019 and a record low of 8577 Thousand in the fourth quarter of 1999. In Morocco, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Morocco Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Morocco decreased to 41.20 percent in the first quarter of 2020 from 41.60 percent in the fourth quarter of 2019. Employment Rate in Morocco averaged 44.67 percent from 1999 until 2020, reaching an all time high of 48 percent in the first quarter of 1999 and a record low of 40.70 percent in the third quarter of 2017. In Morocco, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Morocco Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Morocco increased to 10.50 percent in the first quarter of 2020 from 9.20 percent in the fourth quarter of 2019. Unemployment Rate in Morocco averaged 10.38 percent from 1999 until 2020, reaching an all time high of 15.10 percent in the third quarter of 1999 and a record low of 7.80 percent in the second quarter of 2006. In Morocco, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Morocco Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Morocco recorded 5873 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Morocco reported 185 Coronavirus Deaths. This page includes a chart with historical data for Morocco Coronavirus Cases.

Morocco recorded 186 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Morocco reported 5873 Coronavirus Cases. This page includes a chart with historical data for Morocco Coronavirus Deaths.

Morocco recorded 2389 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Morocco reported 186 Coronavirus Deaths. This page includes a chart with historical data for Morocco Coronavirus Recovered.

Standard & Poor's credit rating for Morocco stands at BBB- with stable outlook. Moody's credit rating for Morocco was last set at Ba1 with stable outlook. Fitch's credit rating for Morocco was last reported at BBB- with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Morocco thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Morocco as reported by major credit rating agencies.

Imports from Morocco in Turkey decreased to 28493.97 USD THO in March from 47475.50 USD THO in February of 2020. Imports from Morocco in Turkey averaged 63182.54 USD THO from 2014 until 2020, reaching an all time high of 111982.78 USD THO in October of 2017 and a record low of 24 USD THO in April of 2014. This page includes a chart with historical data for Turkey Imports from Morocco.

Imports in Morocco increased to 38115 MAD Million in March from 37883 MAD Million in February of 2020. Imports in Morocco averaged 23346.09 MAD Million from 1998 until 2020, reaching an all time high of 45130 MAD Million in April of 2019 and a record low of 6424.40 MAD Million in January of 1999. Morocco imports crude petroleum, textile fabric, telecommunications equipment, wheat, gas and electricity, transistors, plastics. Its main imports partners are: France, Spain, China, Italy, Germany, United States and Saudi Arabia. This page provides - Morocco Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Morocco increased 0.80 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Morocco averaged 1.07 percent from 2010 until 2020, reaching an all time high of 2.50 percent in June of 2013 and a record low of 0 percent in April of 2010. This page provides - Morocco Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Launch of the OECD review of the risk management policies in Morocco. The review provides an objective assessment of the strengths and weaknesses of Morocco's risk management policies by international experts.

Imports from Morocco in Germany decreased to 136440 EUR THO in February from 136990 EUR THO in January of 2020. Imports from Morocco in Germany averaged 62427.82 EUR THO from 2000 until 2020, reaching an all time high of 143829 EUR THO in March of 2019 and a record low of 26551 EUR THO in June of 2005. This page includes a chart with historical data for Germany Imports from Morocco.

Money Supply M2 in Morocco increased to 1093610 MAD Million in March from 1068605 MAD Million in February of 2020. Money Supply M2 in Morocco averaged 372265.62 MAD Million from 1985 until 2020, reaching an all time high of 1093610 MAD Million in March of 2020 and a record low of 38311 MAD Million in January of 1985. Morocco Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Morocco Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Morocco remained unchanged at 0.16 BBL/D/1K in December from 0.16 BBL/D/1K in November of 2019. Crude Oil Production in Morocco averaged 0.20 BBL/D/1K from 1994 until 2019, reaching an all time high of 0.40 BBL/D/1K in January of 2001 and a record low of 0.08 BBL/D/1K in January of 1997. This page provides the latest reported value for - Morocco Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Morocco increased 2.40 percent in the fourth quarter of 2019 over the same quarter in the previous year. Industrial Production in Morocco averaged 2.89 percent from 2000 until 2019, reaching an all time high of 9.40 percent in the first quarter of 2000 and a record low of -4.40 percent in the fourth quarter of 2008. In Morocco, industrial production measures the output of businesses integrated in the manufacturing sector of the economy. This page provides - Morocco Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Morocco decreased to 9545 MAD Million in the fourth quarter of 2019 from 9558 MAD Million in the third quarter of 2019. GDP From Transport in Morocco averaged 7743.54 MAD Million from 2006 until 2019, reaching an all time high of 9558 MAD Million in the third quarter of 2019 and a record low of 6177 MAD Million in the first quarter of 2006. This page provides - Morocco Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Morocco recorded a Government Budget deficit equal to 3.70 percent of the country's Gross Domestic Product in 2018. Government Budget in Morocco averaged -2.37 percent of GDP from 1990 until 2018, reaching an all time high of 3.60 percent of GDP in 1999 and a record low of -7.20 percent of GDP in 2012. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Morocco Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Youth Unemployment Rate in Morocco decreased to 24.90 percent in the fourth quarter of 2019 from 26.70 percent in the third quarter of 2019. Youth Unemployment Rate in Morocco averaged 19.47 percent from 1999 until 2019, reaching an all time high of 29.30 percent in the third quarter of 2017 and a record low of 13.10 percent in the second quarter of 2006. This page provides - Morocco Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Morocco stands at 31 percent. Corporate Tax Rate in Morocco averaged 31.47 percent from 2004 until 2020, reaching an all time high of 35 percent in 2005 and a record low of 30 percent in 2008. In Morocco, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Morocco. This page provides - Morocco Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Morocco was recorded at 1.50 percent in March of 2020. Inflation Rate in Morocco averaged 1.38 percent from 2008 until 2020, reaching an all time high of 5.20 percent in May of 2008 and a record low of -1.60 percent in December of 2009. In Morocco, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Morocco Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Morocco recorded a government debt equivalent to 66.10 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Morocco averaged 61.98 percent from 1965 until 2019, reaching an all time high of 117.71 percent in 1985 and a record low of 21.66 percent in 1965. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Morocco Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Morocco increased 0.40 percent in March of 2020 over the previous month. Inflation Rate Mom in Morocco averaged 0.12 percent from 2007 until 2020, reaching an all time high of 2.23 percent in September of 2009 and a record low of -1.56 percent in May of 2009. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides the latest reported value for - Morocco Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mining production in Morocco increased 3.60 percent in December of 2019 over the same month in the previous year. Mining Production in Morocco averaged 3.19 percent from 2012 until 2019, reaching an all time high of 33 percent in the second quarter of 2017 and a record low of -10.90 percent in the first quarter of 2015. This page provides - Morocco Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Morocco was last recorded at 3357.40 US dollars in 2018. The GDP per Capita in Morocco is equivalent to 27 percent of the world's average. GDP per capita in Morocco averaged 1889.08 USD from 1966 until 2018, reaching an all time high of 3357.40 USD in 2018 and a record low of 815.40 USD in 1966. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Morocco GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M1 in Morocco increased to 927169 MAD Million in March from 900564 MAD Million in February of 2020. Money Supply M1 in Morocco averaged 314853.18 MAD Million from 1985 until 2020, reaching an all time high of 927169 MAD Million in March of 2020 and a record low of 35506 MAD Million in January of 1985. This page provides - Morocco Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Morocco decreased to 18722 MAD Million in March from 23662 MAD Million in February of 2020. Exports in Morocco averaged 12619.62 MAD Million from 1998 until 2020, reaching an all time high of 27273 MAD Million in March of 2019 and a record low of 4878.90 MAD Million in April of 1998. Phosphates and textiles are central to Morocco's export industry. Other exports items include electric components, inorganic chemicals, transistors, citrus fruits, vegetables, fish. Morocco main exports partners are European Union countries with Spain, France and Italy being the most important. This page provides the latest reported value for - Morocco Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Mining in Morocco increased to 3982 MAD Million in the fourth quarter of 2019 from 3811 MAD Million in the third quarter of 2019. GDP From Mining in Morocco averaged 3105.62 MAD Million from 2006 until 2019, reaching an all time high of 4062 MAD Million in the first quarter of 2019 and a record low of 1633.10 MAD Million in the first quarter of 2009. This page provides - Morocco Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Morocco increased to 1381620 MAD Million in March from 1350753 MAD Million in February of 2020. Money Supply M3 in Morocco averaged 503334.70 MAD Million from 1985 until 2020, reaching an all time high of 1381620 MAD Million in March of 2020 and a record low of 51850 MAD Million in January of 1985. Morocco Money Supply M3 includes M2 plus long-term time deposits in banks. This page provides - Morocco Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Morocco increased to 1292 Thousand in the first quarter of 2020 from 1107 Thousand in the fourth quarter of 2019. Unemployed Persons in Morocco averaged 1162.25 Thousand from 1999 until 2020, reaching an all time high of 1535 Thousand in the third quarter of 1999 and a record low of 859 Thousand in the second quarter of 2006. In Morocco, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - Morocco Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Morocco increased to 524035.09 MAD Million in the fourth quarter of 2019 from 511720.67 MAD Million in the third quarter of 2019. External Debt in Morocco averaged 327565.38 MAD Million from 2006 until 2019, reaching an all time high of 524035.09 MAD Million in the fourth quarter of 2019 and a record low of 151986.36 MAD Million in the first quarter of 2007. This page provides - Morocco External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Morocco decreased to 5894 MAD Million in the fourth quarter of 2019 from 5931 MAD Million in the third quarter of 2019. GDP From Utilities in Morocco averaged 4317.28 MAD Million from 2006 until 2019, reaching an all time high of 6205 MAD Million in the first quarter of 2019 and a record low of 3135.30 MAD Million in the third quarter of 2009. This page provides - Morocco Gdp From Electricity and Water- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Morocco scored 60.01 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Morocco averaged 16.71 Points from 2007 until 2019, reaching an all time high of 60.01 Points in 2019 and a record low of 4.03 Points in 2010. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Morocco Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Morocco expanded 2.10 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Morocco averaged 4.02 percent from 1999 until 2019, reaching an all time high of 9.30 percent in the second quarter of 2006 and a record low of 0.50 percent in the fourth quarter of 1999. Morocco is the sixth largest economy in Africa. The Services sector is the most important and accounts for 54 percent to total GDP. The biggest segments within Services are: wholesale and retail trade (9 percent of total GDP); public administration (9 percent); transport (4 percent); and hotels and restaurants (2 percent). Industry accounts for 23 percent of the GDP and the largest segments within this sector are: manufacturing (15 percent of total GDP); construction (5 percent); electricity and water supply (2 percent); and mining (2 percent). The Agriculture sector accounts for 13 percent of GDP. This page provides the latest reported value for - Morocco GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Constant Prices in Morocco increased to 256864 MAD Million in the fourth quarter of 2019 from 250980 MAD Million in the third quarter of 2019. GDP Constant Prices in Morocco averaged 208218.78 MAD Million from 2007 until 2019, reaching an all time high of 256864 MAD Million in the fourth quarter of 2019 and a record low of 158924.80 MAD Million in the first quarter of 2007. This page provides - Morocco GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.