Morocco GDP Annual Growth Rate

Last Release

Dec 31, 2022

Actual

0.5

Units In

1.6

Frequency

Quarterly

Next Release

Mar 31, 2026

Time to Release

2 Months 25 Days 16 Hours

Highest	Lowest	Average	Date Range	Source
15.2 Jun 2021	-14.2 Jun 2020	3.5 %	1999-2022	Haut Commissariat au Plan

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.

Latest Updates

Morocco’s economy expanded by 4.0% year-on-year in Q3 2025, down from 5.5% in Q2 and 5.0% in the same period a year earlier, marking the weakest GDP growth since Q4 2024. Growth was driven by non-agricultural activities (3.8%) and agricultural activities (4.4%). Meanwhile, the secondary sector grew 3.8%, supported by electricity, gas, water, sanitation & waste treatment (5.9%), construction and public works (5.6%), and manufacturing (2.6%). The tertiary sector rose 4.2%, led by accommodation and food services (7.4%), financial services and insurance (6.8%), education, health, and social work (5.7%), transportation and warehousing (3.5%), and trade and repair of motor vehicles (3.2%). By contrast, fisheries activities plunged by 24.4%.