Morocco Economy - 1986

GEOGRAPHICAL NAMES 

GDP: $11.9 billion (1984 est), about $500 per capita; average annual real growth 6-7% during 1973-77,3-4% during 1978-80, 2.0% in 1984 (est.), 2.5% in 1985 (est.)

Natural resources: phosphates, iron, manganese, lead, zinc, fish

Agriculture: cereal farming and livestock raising predominate, main products— wheat, barley, citrus fruit, wine, vegetables, olives; some fishing, an illegal producer of cannabis for the international drug trade

Fishing: catch 440.000 metric tons (1983); exports $165 million (1983)

Major industries: mining and mineral processing, food processing, textiles, construction and tourism

Electric power· 1,930,100 kW capacity (1985); 6.763 billion kWh produced (1985), 290 kWh per capita

Exports: $2 2 billion (f.o.b., 1984); 24% phosphates, 76% other

Imports: $3.6 billion(f.o.b., 1984); 25% petroleum products, 75% other

Major trade partners: France, FRG, Italy, Saudi Arabia

Budget: (1984 est.) revenues, $4 5 billion;

current expenditures, $3.6 billion; development expenditures, $2.0 billion

Monetary conversion rate: 10.06 dirhams=US$l (average 1985)

Fiscal year: calendar year

NOTE: The information regarding Morocco on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Morocco 1986 information contained here. All suggestions for corrections of any errors about Morocco 1986 should be addressed to the CIA or the source cited on each page.