Morocco's Economic Growth Stood at 4.5% in 2015


(MENAFN- Morocco World News) Morocco’s economic growth stood at 4.5 percent in 2015 against 2.6 percent a year earlier, the High Planning Commission (HCP) said.

The growth was supported by a strong external demand, the HCP added in an information note, noting that domestic demand was weak in 2015.

Morocco's economic growth is also the result of a growth in agricultural value added (+12.8 percent), the source noted.

Non-agricultural activities increased by 1.9 percent in 2015 against 2.5 percent a year earlier, the source pointed out.

The evolution is also due to the increase by 6 percent in exports and the drop by 3.1 percent in imports, the source pointed out.


Morocco World News

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.