Morocco’s GDP grew 10% in 2023- statistics agency

Morocco’s GDP grew 10% to 146 billion dollars in 2023, the high commission for planning, HCP, said in its final statistics.

Financial and non-financial firms contributed by 45% to the national GDP, while public administrations contributed by 15.2%, HCP said in a recent report.

Households and non-lucrative entities contributed by 29%, it said, adding that taxes represented 10.1% of GDP.

The Gross National Disposable Income (GNDI) in Morocco, which measures the income available to the nation for final consumption and gross saving, increased 9.7% in 2023, to stand at 158 billion dollars.