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FinancialNews


  • 18-12-19

    Morocco's GDP to expand by 3.8 percent in 2020

    (MENAFN) The North African country's GDP would increase in 2020 by 3.8 percent and by 3.7 percent in 2021, according to Morocco's central Bank on Tuesday.


    The Central Bank said in a report that, Morocco's GDP will be 2.6 percent in 2019, next to 3 percent in 2018.


    In 2018, Morocco's economic expansion arrived at 3 percent, supported by strong agricultural production and tourism.


    As said by the report, for 2019, expansion would stand at 2.6 percent, with the value added declining by 4 percent for agricultural activities, and growing by 3.3 percent for non-agricultural ones.

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