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Morocco
FrontierMENA · Casablanca Stock Exchange (BVC) · MAD
S&P Rating
BB+
GDP (Nominal)
$182B
Nominal USD
GDP Growth
+4.6%
Year-on-Year
Inflation
0.7%
CPI Annualised
Market Cap
$114B
Equity Market
Equity Mkt / GDP: 63%
Economy Overview
A detailed economy overview for this market is being prepared. The macro figures shown are live and current.
“Morocco controls ~70% of the world's phosphate reserves — OCP is a silent lever on global food security. Africa's most stable frontier market and a nearshore manufacturing corridor for European automotive OEMs.”
Key Sectors
Phosphates (OCP)TourismAgricultureAutomotive Supply Chain
Economic Profile
ClassificationFrontier
RegionMENA
CurrencyMAD
Primary ExchangeCasablanca Stock Exchange (BVC)
Listed Companies78
GDP / Capita$4,672
Population38M
Monetary & Fiscal
CB Policy Rate2.25%
FX Reserves$48B
Debt / GDP66%
Current Account-2.5% of GDP
S&P RatingBB+
Unemployment9.0%
Data Sources:
World Bank World Development Indicators (2025)BIS policy rates · IMF World Economic OutlookILO Labour StatisticsS&P Global RatingsWorld Federation of Exchanges2024 estimates · For intelligence purposes only