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Morocco real GDPMorocco real GDPMorocco real GDP

Morocco real GDP

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MAGDPCP chart


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Key data points


Last release
—
Observation period
Q2 2024
Next release
—
Forecast
—
Highest
‪313.59 B‬ MAD on Dec 31, 2023
Lowest
‪187.10 B‬ MAD on Mar 31, 2007

About Morocco real GDP


Category
GDP
Source
Haut Commissariat au Plan
Frequency
Quarterly
Units
MAD

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Full Year GDP Growth
MAGDP
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MAGDPA
GDP From Agriculture
MAGDPC
GDP From Construction
MAGDPMAN
GDP From Manufacturing
MAGDPMIN
GDP From Mining
MAGDPPA
GDP From Public Administration
MAGDPPC
GDP Per Capita
MAGDPPCP
GDP Per Capita PPP
MAGDPQQ
GDP Growth Rate
MAGDPS
GDP From Services
MAGDPT
GDP From Transport
MAGDPU
GDP From Utilities
MAGDPYY
GDP Growth
MAGFCF
Gross Fixed Capital Formation

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Morocco real GDP was 307.82 B MAD, and the quarter before that it reached 313.356 B MAD.