CCBLA - Arab-Belgium-Luxemburg Chamber of Commerce - ABLCC

Country name : Kingdom of Morocco

Capital : Rabat

Area : 446,550 km²

Population : 33,757,175 (July 2007)

Density : 75.5 inhabitants/km²

Population growth rate : 1.528% (2007)

Age structure : 0-14 years : 31% - 15-64 years : 63.9% - 65 years and over : 5.1%

Life expectancy at birth : 71.22 years

Labour force : 11.35 million

Gross Domestic Product : US$127 billion (2007)

GDP – real growth rate : 2.1% (2007)

GDP – composition by sector : agriculture : 15% - industry : 38.2% - services : 46.8%

GDP – per capita : US$3,800 (2007)

Budget : revenues : US$19.39 billion - expenditures : US$21.21 billion (2007)

Industries : phosphate rock mining and processing, food processing, leather goods, textiles, construction, tourism

Industrial production growth rate : 6% (2007)

Land use : arable land : 19% - permanent crops : 2% - other : 79%

Agricultural products : barley, wheat, citrus, wine, vegetables, olives, livestock

Exports : US$12.73 billion (2007)

Exports – commodities : clothing and textiles, electric components, inorganic chemicals, transistors, crude minerals, fertilisers, petroleum products, citrus fruits, vegetables, fish

Exports – partners : Spain (20.6%), France (20.5%), UK (4.8%), Italy (4.7%), India (4%) (2006)

Imports : US$22.15 billion (2007)

Imports – commodities : crude petroleum, textile fabric, telecommunications equipment, wheat, gas and electricity, plastics

Imports – partners : France (17.5%), Spain (13.9%), Saudi Arabia (6.9%), China (6.9%), Italy (6.3%), Germany (6%) (2006)

Current account balance : US$433.9 million (2007)

Reserves of foreign exchange & gold : US$23.8 billion (31 December 2007)

External debt : US$16.86 billion (31 December 2007)