5 years of Morocco economic forecasts for more than 30 economic indicators. Signing in allows you to ask questions in our community, contribute to our cost of living database, and more. In Morocco, there are 17.9 babies per 1,000 people as of 2020. Subscribe to our free email alert service, COVID-19 - Deaths per million population [+], Compare Democratic Republic of the Congo Morocco, Compare Federated States of Micronesia Morocco, Compare Saint Vincent and the Grenadines Morocco, Industrial Production goes down -9.9% in August of 2020 in Uruguay, CPI falls in September of 2020 in Bulgaria, Industrial Production goes up in August of 2020 in Romania, Armenia: CPI goes up in September of 2020, In August of 2020, Industrial Production went up in United Kingdom, In August of 2020, Industrial Production fell in Malta, September of 2020 CPI went up in Dominican Republic, Industrial Production goes up in August of 2020 in France. Although Morocco is not the UN-recognized Administering Power for the Western Sahara, it exercises de facto administrative control over 80% of the territory. In Egypt, approximately 37.0 women per 100,000 births die during labor as of 2017. Morocco and Egypt living comparison. Indeed, GDP growth decelerated sharply in 2019 to 2.3 percent, down from 3 percent in 2018. what life is like in countries and cities around the world. Morocco : Egypt . Country comparison Egypt vs Morocco. Egypt and Morocco living comparison. Google+, © Copyright: 2020. See an in-depth size comparison. In 788, about a century after the Arab conquest of North Africa, a series of Moroccan Muslim dynasties began to rule in Morocco. Subscribe to our free email alert service Compare. It's a free, question-and-answer based forum to discuss The regularity and richness of the annual Nile River flood, coupled with semi-isolation provided by deserts to the east and west, allowed for the development of one of the world's great civilizations. October 6, 2020. Press Egypt has a total of 2,450 km of coastline. In Morocco, that number is 10.2% as of 2017. In November 2012, the Justice and Development Party - a moderate Islamist party - won the largest number of seats in parliamentary elections, becoming the first Islamist party to lead the Moroccan Government. The internationalized city of Tangier and most Spanish possessions were turned over to the new country that same year. The economy of Morocco is considered a relatively liberal economy governed by the law of supply and demand.Since 1993, Morocco has followed a policy of privatization of certain economic sectors which used to be in the hands of the government. Altogether, the modern portion accounts for more than two-thirds of gross domestic product (GDP), even though it employs only … Get a sample report showing our regional, country and commodities data and analysis. Online Store In the 16th century, the Sa'adi monarchy, particularly under Ahmad al-MANSUR (1578-1603), repelled foreign invaders and inaugurated a golden age. A protracted independence struggle with France ended successfully in 1956. Morocco has become a major player in African economic affairs, and is the 5th largest African economy by GDP (PPP). LinkedIn Explore similarities and differences. Morocco’s economic freedom score is 63.3, making its economy the 78th freest in the 2020 Index. My Cart In Egypt, approximately 46.9% of the population has internet access as of 2018. The economy contracted 14.9% on an annual basis in the second quarter (Q1: +0.1% year-on-year) as the country felt the full impact of the pandemic-related lockdown measures enacted in mid-March. Morocco’s economic growth has been on a downward trend for the last two years. Twitter Country comparison Morocco vs Egypt. Twitter Key economic challenges for Morocco include reforming the education system and the judiciary. The UN since 1991 has monitored a ceasefire between Morocco and the Polisario Front and leads ongoing negotiations over the status of the territory. In Egypt, there are approximately 27.2 babies per 1,000 people as of 2020. | Morocco Economy | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed, Economic Growth (GDP, annual variation in %), Industrial Production (annual variation in %), Inflation Rate (CPI, annual variation in %, eop), Inflation Rate (CPI, annual variation in %). The statistics on this page were calculated using the following data sources: Explore similarities and differences. Google+, Facebook The World Factbook, Direction Générale des Impôts, Morocco, Egyptian Tax Authority. King MOHAMMED VI in early 2011 responded to the spread of pro-democracy protests in the region by implementing a reform program that included a new constitution, passed by popular referendum in July 2011, under which some new powers were extended to parliament and the prime minister but ultimate authority remains in the hands of the monarch. In Morocco, that number is 26.1% of people as of 2016. Egypt has a GDP per capita of $12,700 as of 2017, while in Morocco, the GDP per capita is $8,600 as of 2017. This slowdown was mainly driven by the contraction of agricultural output by 5.4 percent and modest non-agricultural GDP growth (3.3 percent in 2019 versus 3 percent in 2017). By logging in or registering, you agree to our. Morocco is a sovereign country in Africa, with a total land area of approximately 446,300 sq km. Client Log In, Facebook In Egypt, 27.8% live below the poverty line as of 2016. In Morocco, however, that number is 15.0% as of 2007. Egypt has a top tax rate of 22.5% as of 2016. Morocco Economic Forecast. In Morocco, the top tax rate is 38.0% as of 2016. About Morocco - Morocco - Economy: As is true in many former African colonies, the Moroccan economy remains heavily dependent on the export of raw materials. In the 16th century, the Sa'adi monarchy, particularly under Ahmad al-MANSUR (1578-1603), repelled foreign invaders and inaugurated a golden age. How big is Morocco compared to Egypt? LinkedIn Sultan MOHAMMED V, the current monarch's grandfather, organized the new state as a constitutional monarchy and in 1957 assumed the title of king. In Egypt, 12.2% of adults are unemployed as of 2017. Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Its overall score has increased by 0.4 point, reflecting an improved score for property rights. Egypt : Morocco . Join the Elsewhere community and ask a question about Morocco. Definition: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. Also of growing importance to the economy are modern sectors, particularly tourism and telecommunications. In 1860, Spain occupied northern Morocco and ushered in a half century of trade rivalry among European powers that saw Morocco's sovereignty steadily erode; in 1912, the French imposed a protectorate over the country. Click on the button below to get started. In Egypt, 32.0% of adults are obese as of 2016. The Alaouite Dynasty, to which the current Moroccan royal family belongs, dates from the 17th century. In 788, about a century after the Arab conquest of North Africa, a series of Moroccan Muslim dynasties began to rule in Morocco. In Morocco, that number is 1,835 km. In Morocco, about 64.8% do as of 2018. In Morocco, 70.0 women do as of 2017. Subscribe to our free email alert service Compare. A unified kingdom arose circa 3200 B.C., and a series of dynasties ruled in Egypt for the next three millennia.

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