Fiscal Balance in Morocco

Morocco Fiscal Balance | Economic News & Forecasts

Morocco - Fiscal Balance

Preliminary data suggests growth accelerated in Q3, thanks largely to a strong harvest buttressing agricultural output. Industrial sector activity also appeared to have increased on a rebound in mining and quarrying output. Meanwhile, robust tourist inflows should have supported the services sector, despite consumer confidence dropping in the quarter. On 22 October, the government presented the draft 2019 budget to parliament, which calls for an approximate 11% increase in expenditures, with notable spending increases in health, agriculture and tourism.

Morocco - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-5.1  -4.7  -4.2  -4.0  -3.6  

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Morocco Fiscal Balance Chart


Morocco Fiscal
Note: Fiscal balance as % of GDP.
Source: Ministry of Finance.

Morocco Facts

ValueChangeDate
Bond Yield3.700.0 %Jul 31
Exchange Rate9.56-0.29 %Nov 13
Stock Market11,055-0.23 %Nov 13

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