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Industry Sector Contribution to GDP in Morocco (1990-2022)

Industry Sector Contribution to GDP in Morocco (1990-2022)

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TGM StatBox. (2024). Industry Sector Contribution to GDP in Morocco (1990-2022). TGM StatBox.
Chart Details
Data Source: World Development Indicators.
Timeframe: 1990-2022
Country: Morocco
Published date: 2024
Note: Industry (% of GDP), according to World Development Indicators, measures the contribution of the industrial sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of manufacturing, mining, construction, and utilities, indicating the value generated by industrial activities relative to the overall economy.
Key Takeaways
Morocco’s industrial sector has shown consistency, fluctuating between 22.3% and 27.6% since 1990, reaching 25.5% in 2022. Phosphate mining and manufacturing, particularly automotive and aerospace industries, support Morocco’s industrial base. Government policies aimed at diversifying exports and modernizing infrastructure contribute to stability. Morocco’s industrial growth underscores its efforts to reduce dependence on agriculture, shifting towards a more diversified industrial economy aligned with global export demand.

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