Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Total population35.22 million35.74 million35.28 million
WDI
A.1.1
Total number of households8.06 million7.88 million7.69 million
Haut-Commissariat au Plan du Maroc
A.1.2
Average household size4.404.404.50
Haut-Commissariat au Plan du Maroc
A.1.3
Urban population (% of total)Not available61.17% of total60.69% of total
WDI
A.1.4
Urban population growth (annual %)Not available2.1%2.16%
WDI
A.1.5
A.2 Economy
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
GDP, current prices (U.S. dollars) 109,824 USD (millions)103,607 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar) 298,572 USD (millions)281,420 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars) 3,151.15 USD 3,004.22 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar) 8,566.85 USD 8,160.18 USD
WEO
A.2.4
GDP, constant prices (Percent change) 4.22%1.22%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change)1.4%1.86%1.82%
WEO
A.2.6
GDP, deflator (Index) 111.71111.17
WEO
A.2.7
Consumer price index 108.77107.95
WDI
A.2.8
GINI Index  39.5
WDI
A.2.9
Urban minimum wages per month in USD 265.26 USD 243.2 USD A.2.12
Growth in urban household income (%/year)A.2.13
Employment (% of total laborforce)A.2.14
Self-employed32.7%  
Haut-Commissariat au Plan du Maroc
A.2.14.1
Informally employed  36.3%
Country Editor
A.2.14.2
Unemployed9.8%10.2%9.88%
HCP
A.2.14.3
Interest Rates:A.2.15
Central bank lending/discount rate  2.5%
IFS
A.2.15.1
Yield on 10-year Government bond  4.01%
IFS
A.2.15.3
Average bank deposit rate  3.8%
IFS
A.2.15.4
Lending rate  Not available
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Number of dwelling units:B.1.1
Total  5.87 million
Le Economiste
B.1.1.1
Total Urban  5.82 million
ROYAUME DU MAROC MINISTERE DE L’HABITAT ET DE LA POLITIQUE DE LA VILLE
B.1.1.2
Percentage of vacant units  8.86% of total
ROYAUME DU MAROC MINISTERE DE L’HABITAT ET DE LA POLITIQUE DE LA VILLE
B.1.2
Characteristics of housing stock:B.1.3
Average dwelling unit size-existing  102 sq.mtB.1.3.1
% of substandard dwelling units  32% of total
ROYAUME DU MAROC MINISTERE DE L’HABITAT ET DE LA POLITIQUE DE LA VILLE
B.1.3.2
Tenure in urban areas (%):B.1.4
Owner-occupied units  67.45% of total
ROYAUME DU MAROC MINISTERE DE L’HABITAT ET DE LA POLITIQUE DE LA VILLE
B.1.4.1
% of owner units with a mortgage  14% of total
ONDH
B.1.4.2
Private rental units  22.6% of total
ONDH
B.1.4.3
Other forms of tenure   9.95% of total
ONDH
B.1.4.5
Estimated Number of units completed/yearB.1.5
Formal sector/registered  166,500 unitsB.1.5.1
Number of recorded urban housing transactions/year  64396
Ministry of Housing
B.1.6
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Median urban house price in USD:B.2.1
Median house price to median annual HH income:B.2.2
Annual average % change in median house prices:B.2.3
M2 construction cost for median quality houseB.2.4


back to top | Country Data:
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: Called associations
Notes: Called associations
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: Depends upon registration status
Notes: ex. Fogalef Loans
Notes: ex. Fogalef Loans
Notes: Fogalef loans are subsidized mortgage loans for public sector teachers members of the Mohammed VI foundation
Notes: Fogalef loans are subsidized mortgage loans for public sector teachers members of the Mohammed VI foundation
Notes: Fogalef: for members of the Mohammed VI foundation
Notes: Fogalef: for members of the Mohammed VI foundation
Notes: Fogalef: for members of the Mohammed VI foundation
Notes: Fogalef: for members of the Mohammed VI foundation
Notes: Fogarim
Notes: Fogarim
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: FOGARIM scheme shares the credit risk b/w government and banks, for lending to informal sector,low-income households
Notes: Government guarantee for informally employed, low-income households under FOGARIM scheme.
Notes: Government guarantee for informally employed, low-income households under FOGARIM scheme.
Notes: Hourly minimum wage multiplied by 160 hours to get a typical monthly rate.
Notes: Hourly minimum wage multiplied by 160 hours to get a typical monthly rate.
Notes: Hourly minimum wage multiplied by 160 hours to get a typical monthly rate.
Notes: Hourly minimum wage multiplied by 160 hours to get a typical monthly rate.
Notes: Interest rate subsidies for households ended in 2003. Existing borrowers continue to benefit for the duration of loan.
Notes: Laws that deal with lending for the acquisition of real estate, not specific to mortgage
Notes: Loans from other banks, corporations and corporate bonds.
Notes: Loans from other banks, corporations and corporate bonds.
Notes: Loans from other banks, corporations and corporate bonds.
Notes: LTV upto 100% for moroccan nationals. For foreign nationals this is about 70%.
Notes: LTV upto 100% for moroccan nationals. For foreign nationals this is about 75%.
Notes: LTV upto 100% for moroccan nationals. There is no law.
Notes: Monthly minimum wage nationwide, not urban
Notes: Mortgage guarantee fund set up by the Government is an indirect subsidy.
Notes: Mortgage guarantee fund set up by the Government is an indirect subsidy.
Notes: Percentage of non-agricultural jobs
Notes: Percentage of the labor force currently working independently (30.3%) or as an employer (2.4%)
Notes: Securitization effective since 2002.
Notes: Securitization effective since 2002. Issuance to date is just $500 mn
Notes: Securitization effective since 2002. Issuance to date is just $500 mn.
Notes: Securitization effective since 2002. Issuance to date is just $500 mn.
Notes: Sq. Meters
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Table: Breakdown of bank credit by economic purpose (Ventilation du crédit bancaire par objet économique)
Notes: Technically, all home buyers who pay interest on a mortgage can claim the deduction.