Marokko 

Marokko landenbeleid

Beleid vastgesteld op 01 mei 2012

• Het signaleringsplafond is 1150 mln euro
• - waarvan per 2012-04-30 849 mln euro benut is
• Open zonder beperkingen

Landenklasse: 3

Marokko landenrapport

Atradius Dutch State Business Economic Research 
Country Report last updated :  6 January 2012
Country :  MOROCCO  

Political Situation
Relatively Stable In The Region

Head of state
King Mohammed VI. 

Form of government
November elections. The Islamist Justice and Development Party (PJD) won elections and will form a new coalition. This party delivered the new prime minister: Abdelilah Benkirane.

Internal Economic Situation
Slower Economic Growth Expected

General situation
The swings in agriculture output have a major impact on the economy as it employs some 40% of the workforce. But in the last years tourism has become more important for the economy therefore the swings in growth figures have diminished. Economic growth has increased to 4.3% in 2011 from 3.7% in 2010. The crisis in the Eurozone will affect Morocco via exports, remittances and tourism. Expected is a deceleration to 3.2% this year. Inflation is estimated at 1.3% in 2011 and will increase to 1.5% in 2012. Subsidies on food and energy keep prices low. Sustained high growth rates (around 6%) are necessary to realise a substantial reduction in poverty and to lower unemployment. The banking system as a whole is in a relatively solid shape.

External Economic Situation
High Government Domestic Debt

Main sources of foreign exchange
clothing, fish, crude minerals, fertilizers, petroleum products

Main foreign markets
France (34%), Spain (17%), UK (8%), Italy (5%).

Main expenses of foreign exchange
crude petroleum, textile fabric, telecommunications equipment, gas and electricity and wheat.

Balance of payments 
As export growth remains behind imports trade deficits remain rather high. Tourism revenues and remittances do not offset the trade deficit as in the past. Remittances are approximately 9% of GDP and 25% of export.