Morocco's Economic Growth Stood at 4.5% in 2015

2016-06-08 12:03:55

(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.

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