The political situation will be broadly stable under the rule of the king, Mohammed VI. Demands for improved living standards will exert some pressure on the regime, which will respond with further modest reforms.
Ties with the Gulf Arab states will stay strong, supported by rising trade and investment. Negotiations are slow, but a Deep and Comprehensive Free-lrade Area (DCFTA) with the EU is likely to be agreed during the forecast period.
Despite the removal of subsidies on fuel, inflation will remain subdued as a result of the managed float of the dirham against the euro, falling international oil prices and subsidies on some basic food products.

Highlights 7

Political outlook 8

Economic policy outlook 9

Economic forecast 11

Annual data and forecast 14

Quarterly data 15

Monthly data 16

Annual trends charts 18

Monthly trends charts 19

Comparative economic indicators 20

Basic data 21

Political structure 22

Politics 23

Economy 28

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