North Africa

Morocco

Whilst Morocco doesn’t have the oil or gas riches of some of its neighbors it is a beacon of (relative) stability in an often turbulent region.

State of Play

A stand out among Mena energy importers as being both stable and relative economic success, Morocco is also the regional leader in terms of solar power – though, again, this says as much about the competition as about Morocco. Recent gas discoveries hold out the prospect of reduced energy dependence on Algeria.

2019 In Numbers
Gas Output 0.084 bcm
Oil Rig Count 1
Debt 78.08 $bn
Debt to GDP 64.41 %

ALL DATA 2018 UNLESS OTHERWISE INDICATED.

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SELECTED DATA

2: Morocco Gas Consumption: Reduced Transit Shipments Have Seen Rabat Paying For A Record Share Of Supplies (Mn CFD)

Morocco Has Enjoyed Steady Growth Over The Past Few Years But Is Set For A Recession In 2020 For The First Time In More Than Two Decades (GDP Growth %)

Morocco’s Total Trade* In 2018 (%): Algeria’s Tiny Share Pales In Comparison To Morocco’s Mediterranean Neighbors

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