Unemployment Rate Evolution in Morocco from 1990 to 2022

Unemployment Rate Evolution in Morocco from 1990 to 2022

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Insights

Key Takeaways

Morocco’s unemployment rate has seen ups and downs since 1990, influenced by economic reforms and structural challenges. The rate peaked at in 1995 due to high population growth and limited job creation. Economic diversification efforts helped reduce unemployment to below by 2006. From 2011, the rate remained stable around , but pandemic disruptions in 2021 pushed it back up to . Morocco's economy, reliant on agriculture and tourism, faces ongoing challenges to provide stable jobs, especially as it pursues industrialization and modernization initiatives.

For additional information, visit statistics on Morocco’s shifting mortality rate, Morocco’s population dynamics, Morocco’s government debt as a percentage of GDP.

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