Frequently asked questions about Morocco's economy

Morocco's annual inflation rate (CPI year-over-year) is published monthly by the High Commission for Planning (HCP). As of February 2026, it stands at -0.6 %.

Morocco's national unemployment rate is published quarterly by the HCP as part of the National Employment Survey. As of January 2026, it stands at 11.7 %.

Morocco's real GDP is published quarterly by the HCP. Growth is broken down into agricultural and non-agricultural value added. As of January 2026, it stands at 3.48 %.

The policy rate is set by Bank Al-Maghrib's Board during its quarterly meetings. It is the main lever of monetary policy. As of December 2025, it stands at 2.25 %.

Morocco's trade deficit is published monthly by the Exchange Office. It measures the difference between goods exports and imports. As of March 2026, it stands at -18,340.5 MAD.

Remittances from Moroccans residing abroad (MRE) are published monthly by the Exchange Office. As of March 2026, it stands at 5,118.95 MAD.

Morocco's budget deficit (as % of GDP) is published annually by the General Treasury of the Kingdom (TGR). As of January 2026, it stands at 4.6 %.

Treasury debt as a percentage of GDP is published annually by the TGR. As of January 2026, it stands at 69.41 %.

Net international reserves are published monthly by Bank Al-Maghrib, expressed in months of goods and services imports. As of March 2026, it stands at 5.56 months.

MEIT tracks 25 domestic macroeconomic indicators across 6 themes: prices and inflation, GDP and growth, employment, monetary policy, public finance, and external sector.