Country:Morocco

SME sector

  • 92% of all Moroccan businesses are SMEs, and they are responsible for 90% of the country’s GDP.
  • The government has announced an investment program of US$140 million to support SMEs through to 2015.

 

Economy

  • In July 2008, the IMF described Morocco as “a pillar of development in the region”.
  • Morocco’s agriculture sector accounts for 40% of all employment, with the government seeking to boost the sector to add 1.5m jobs and US10 billion to total GDP.
  • Morocco’s exports total US$16.14 billion, with Spain and France the main recipient countries of textiles, electric components, inorganic chemicals, fruit and fish.


Society

  • Morocco was ranked the number one country in Africa in the Economist Intelligence Unit's quality-of-life index.