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 |
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% |
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) |
Global Trade Alert | Search ITC's Lega Carta |
Export Promotion Agency: Maroc Export ; Investment Agency: Moroccan Investment Development Agency ;
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