Morocco has recorded a good performance in the gross domestic product at the end of 2013, ensuring a sustained growth. In the fourth quarter of the 2013, agriculture has ended the year on a positive note.
The breakdown of the gross domestic product volume was around 4.5%, almost double of what has been recorded the previous year (2.3% in 2012). The cumulative total was about 182.44 billion dirhams; GDP increased from 3.7 to 5 % by end 2013 to 223.77 billion dirhams.
The contribution of foreign trade has improved, showing a share of 2.4 points against 1 point a year earlier.
Given all of the above developments, gross national income stood at 238.71 billion Dirhams, an increase of 7.7% compared to the same quarter of the previous year.
National Savings logged a double-digit growth by saving 63.46 billion Dirhams in the last quarter of 2013.
The Moroccan Times.