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Morocco

Morocco ยท MAR ยท Africa

25

Risk Score

Guardedโ†’ Stable

Risk Factors

No recent events in pipeline

Overview

A stable constitutional monarchy in North Africa, Morocco boasts a diverse economy with significant sectors in phosphates, agriculture, tourism, and a growing automotive industry. It plays a key role in regional diplomacy and maintains strong ties with Europe and the US.

Leadership

Mohammed VI

King

GOVERNMENT: Constitutional Monarchy

Aziz Akhannouch

Nasser Bourita

Nadia Fettah Alaoui

Economy

GDP

$170.0B

GDP per Capita

$4.5K

GDP Growth

+3.8%

Inflation

2.5%

Unemployment

10.0%

Phosphates and derivativesAgricultureTourismAutomotive manufacturingTextiles

Trade

Key Exports

PhosphatesVehiclesElectrical machineryTextiles and apparelAgricultural products

Key Imports

Crude petroleumMachinery and equipmentVehiclesFoodstuffsPlastics

Top Partners

SpainFranceUSItalyGermany