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Morocco usually trades as a balance between domestic financial stability and external industrial demand, with tourism, autos, and phosphate-linked exports helping define the medium-term macro narrative. The cleanest read usually comes from consumer and bank resilience, export manufacturing and tourism receipts, and whether policy keeps the dirham and inflation backdrop stable.
Regional map
Start here
You do not need a finance background. Start with the essentials, then go deeper only where useful.
Use the key figures to see the country’s size, currency and current economic backdrop.
Pick one variable at a time and see how it has changed over time.
The final cards explain the few forces that can move companies and the local market.
Key facts
Capital
Currency
Primary exchange
Central bank
Region
Time zone
Source: High Commission for Planning Morocco,
Country dashboard
A North African market shaped by domestic banks, consumer demand, phosphates, and the European trade cycle.
Macro explorer
Click an indicator to open a focused read instead of scanning every card at once.
Morocco starter GDP-growth path anchored to sourced country profile readings; full official historical wiring is still pending.
Available variables
Source: High Commission for Planning Morocco,
Trade and external position
The latest available data show exports of $67.5B and imports of $80.6B, leaving an external balance of −$13.2B. Services account for 41.8% of total exports.
This is the broadest external-demand read for Morocco, because it combines merchandise shipments with cross-border services such as travel, transport, finance, and business services.
This is the merchandise side of the export machine for Morocco, useful for judging industrial, energy, and manufacturing exposure in the trade mix.
This shows how much Morocco monetizes travel, logistics, finance, software, licensing, and other non-merchandise external flows.
Trade partners
Commodity lens
Trade in goods and services equaled 92.2% of GDP in 2024. This is a quick read on how externally exposed the economy is.
Services represented 41.8% of total exports in the latest reading, which helps show whether the export mix leans more toward intangibles or merchandise.
Manufactures accounted for 82.9% of merchandise exports in 2024.
Fuel exports accounted for 0.8% of merchandise exports in 2024, useful for reading commodity exposure.
Food exports accounted for 12.5% of merchandise exports in 2024, adding context on agricultural exposure.
Source: World Bank API: totalExports,
What to watch
Morocco should first be read through domestic banks. When this regime shifts, local how highly shares are valued and sector leadership usually shift with it.
The cleanest read usually comes from consumer and bank resilience, export manufacturing and tourism receipts, and whether policy keeps the dirham and inflation backdrop stable. That makes export manufacturing one of the most important signals for revising the country narrative.
The final layer is tourism and services, because it determines whether the macro backdrop turns into sustainable profits support for the MASI.
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Each card opens the same country template with its own map, switchable macro variables, and benchmark view. This is the first linked network of country pages across the region.
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Real GDP growth
What This Signals
GDP growth is published quarterly and annualized, so each point captures how fast real output was expanding or contracting versus the prior quarter at an annual rate. It matters because it is the broadest scorecard of domestic economic momentum and sets the backdrop for revenues, employment, and policy expectations. Versus a year ago, the series is lower by 0.5%, which points to a softer or less supportive backdrop on this measure. Across the displayed window, the broader trend is still downward.