According to the High Commission for Planning (HCP), in 2017 the Moroccan economy recorded GDP growth of 4.9% compared with 2016. Its GDP for 2017 amounted to 1,063.3 billion dirhams.
The corporate sector (financial and non-financial) saw a slight improvement in its contribution to GDP, rising from 43.1% in 2016 to 43.4% in 2017, the HCP states. The contribution of households and non-profit institutions serving households (NPISH) stood at 29.7%, up 0.4 points on the previous year. Taxes on production and imports net of subsidies fell by 0.2 points compared with 2016.
The HCP note also highlights that gross national disposable income (GNDI) rose by 4.7% to 1,124.8 billion dirhams in 2017, following the increase in the gross disposable income of general government (6.9%), non-profit institutions serving households (+4.2%) and financial and non-financial corporations (+3.2%).