Morocco does not only offer a cheap production location close to the European market, but also forms itself an attractive growing market for Dutch and other products. Furthermore, the relations between the Netherlands and Morocco make doing business for Dutch companies easier in Morocco than in other MENA countries.
The steady growth of the Moroccan economy and trade is expected to continue the coming years, especially now its biggest trade partner, the EU, is returning to normal growth. To safeguard this positive trend the Moroccan government has announced further macro-economical reform and promotion of private-sector-led growth and job creation.
King Muhammad VI plays an important economic and political role in Morocco, which is underlined by the different ambitious economic strategies launched by him. The current government seeks decentralization and legal reforms, but additional attention is given to development of underdeveloped regions and social inclusion.
Inhabitants: 35.7 mil. (27.4% <14 y.)
GDP per capita: $ 3007
Unemployment: 9.3% (18% 15-24 y.)
Education: 33.8% tertiary
GDP: $109 milliard (+4.1%)
Import/export: $51/$41 milliard
FX rate MAD/EUR: 0.09 (inflation 0.8%)
Reg. position: 3rd EoDB (9th GCR)
FDI (net): $2.7 milliard (+23%)
Fiscal and financial incentives
Special production and export zones
Setup support for production location
Tax & investment treaty with NL
In EU Free Trade Area (TBN DCFTA)
In GAFTA, AMU, AA, UfM & WTO
Most trade with ES, FR, US, CN & IT
Data Population (WB database '17), Economy (IMF database '17, WB database '17, XE.com '19, Ease of Doing Business '18, Global Competitiveness Report '18), Investment (World Investment Report '18), International (IMF database '18)
Photo: Fr Maxim Massalitin