Background: Morocco is one of the largest economies in Africa with GDP in the region of $101 billion and a population of 35 million people. The country is based in the North of Africa and is a well-diversified economy with agriculture accounting for 13% of GDP and 40% of employment. Morocco is also an exporter of electrical machinery and textiles. The table below reflects Morocco’s main areas of trade by product percentage (source: UNCTAD):
Geo-Economic Structure: The Morocco economy has experienced consistent growth over a period of 20 years with an average growth rate of 4.5%. Investment is strong at 30% of GDP but remains concentrated on low productivity sectors such as housing. King Mohammed VI remains generally popular and rule by the monarchy is an acceptable form of governance for the majority of the population. The country is good investment destination for an investor interested in the North African region.
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