Country Overview
Morocco has established efficient processes that aid starting a business, encouraging investment and competition from new suppliers. Morocco needs to reform its infrastructure governance to attract better quality investment. Setting out a strategic infrastructure plan for the nation and publishing a project pipeline could contribute to improved infrastructure investment. Morocco has demonstrated financial stability, but the long-term impact of the COVID-19 pandemic and the lack of liquidity in capital markets may pose challenges to attracting investment in future infrastructure projects.
See Full Overview Data
GDP per capita
3,934 USD
Population
36.3 million persons
Infrastructure quality
72.6 (0-100 best)
Infrastructure investment
6.0% of GDP
Infrastructure gap
0.9% of GDP

Driver Overview

This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).

Driver
Rank
Score /100
Emerging Aspiring Contender Top performer Global Leader
37
1
55.3
27
-
78.1
65
1
37.5
29
16
81.9
27
18
41.0
- No ranking change Ranking increase Ranking decrease

Rank

Score /100

Best practice

37
1
55.3
Contender
38
10
60.8
Contender
27
-
78.1
Top performer
65
1
37.5
Emerging
29
16
81.9
Top performer
27
18
41.0
Top performer
45
3
31.5
Contender
35
1
38.7
Contender

Metric Overview

Strengths

Cost to start a business

According to the World Bank, the cost of starting a business in Morocco is 3.6% of income per capita, which is significantly lower than the average of 16.9% for Lower Middle Income Countries, easing the entry of new firms.

Financial stability

The Moroccan financial system is adequately capitalised and resilient to severe shocks. Morocco scores above the Lower Middle Income Countries average of 83. Despite being in a good position, the COVID-19 pandemic may impact this.

Registering property

According to the World Bank, it takes 20 days to register a property in Morocco, which is the fastest among Lower Middle Income Countries. This follows Morocco reviewing the processes to register a property and reducing the time to obtain a property certificate.

Cost to start a business

According to the World Bank, the cost of starting a business in Morocco is 3.6% of income per capita, which is significantly lower than the average of 16.9% for Lower Middle Income Countries, easing the entry of new firms.

Financial stability

The Moroccan financial system is adequately capitalised and resilient to severe shocks. Morocco scores above the Lower Middle Income Countries average of 83. Despite being in a good position, the COVID-19 pandemic may impact this.

Registering property

According to the World Bank, it takes 20 days to register a property in Morocco, which is the fastest among Lower Middle Income Countries. This follows Morocco reviewing the processes to register a property and reducing the time to obtain a property certificate.

Top Performing Metrics

Top Performing Metrics

This is defined by the metrics with the highest unweighted score out of 100. 

Lower-middle income country average

Financial markets:
Financial stability

Opportunities to Grow

Published project pipeline

Morocco does not currently publish an infrastructure pipeline of projects. The addition of an infrastructure pipeline could help provide infrastructure participants with a clear indication of prospective and confirmed infrastructure activity.

Published infrastructure plan

Morocco does not have a national or sub-national infrastructure plan. The addition of an infrastructure plan could highlight infrastructure challenges and opportunities for investment, as well as detail the government's planned responses.

Stocks traded

At 3.3% of GDP, Morocco’s value of stocks traded is lower than the Lower Middle Income Countries average of 15.5% of GDP. As this indicator measures the liquidity of equities, it is important to infrastructure investors to know they can exit investments at appropriate points.

Published project pipeline

Morocco does not currently publish an infrastructure pipeline of projects. The addition of an infrastructure pipeline could help provide infrastructure participants with a clear indication of prospective and confirmed infrastructure activity.

Published infrastructure plan

Morocco does not have a national or sub-national infrastructure plan. The addition of an infrastructure plan could highlight infrastructure challenges and opportunities for investment, as well as detail the government's planned responses.

Stocks traded

At 3.3% of GDP, Morocco’s value of stocks traded is lower than the Lower Middle Income Countries average of 15.5% of GDP. As this indicator measures the liquidity of equities, it is important to infrastructure investors to know they can exit investments at appropriate points.

Metrics to Improve

Metrics to Improve

This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.

For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.

Lower-middle income country average

Financial markets:
Stocks traded

Detailed Data

This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017. 

Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset. 

Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.

Governance Regulatory Permits Planning Procurement Activity Funding Financial
Driver
Rank
Score /100
Emerging Aspiring Contender Top performer Global Leader
37
1
55.3
- No ranking change Ranking increase Ranking decrease

Metric

Morocco

Lower-middle Income Countries Average

Source Link

28.2%

Recovery rate

The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.

28.7 (+0.6)
31.4

20.7%

Rule of law

World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.

47.2 (+0.4)
41.5

18.1%

Post-completion reviews

Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.

Yes
-

15.1%

Shareholder governance

Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).

56.7 (+10.0)
34.2

12.8%

Political stability and absence of violence score

Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.

44.5 (-0.3)
38.7

5%

Infrastructure or PPP agency

Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.

Yes
-

Morocco

Lower-middle Income Countries Average

28.7 (+0.6)
31.4
47.2 (+0.4)
41.5
Yes
-
56.7 (+10.0)
34.2
44.5 (-0.3)
38.7
Yes
-

Country Overview Data

Morocco has established efficient processes that aid starting a business, encouraging investment and competition from new suppliers. Morocco needs to reform its infrastructure governance to attract better quality investment. Setting out a strategic infrastructure plan for the nation and publishing a project pipeline could contribute to improved infrastructure investment. Morocco has demonstrated financial stability, but the long-term impact of the COVID-19 pandemic and the lack of liquidity in capital markets may pose challenges to attracting investment in future infrastructure projects.
GDP per capita

3,934 USD

Population

36.3 million persons

Infrastructure quality

72.6 (0-100 best)

Infrastructure investment

6.0% of GDP

Infrastructure gap

0.9% of GDP

GDP

119.0 USD billion

GDP growth rate

2.7%

GDP per capita growth rate

-0.6%

Gini coefficient

39.5 (0-100 worst)

Gross Government Debt

65.0% of GDP

Inflation rate

0.6%

Summary credit rating

53.0 (0-100 best)

Unemployment rate

9.0%

Urbanisation ratio

62.0% of total population

Road connectivity

88.5 (0-100 best)

Quality of road infrastructure

4.7 (1-7 best)

Efficiency of train services

3.9 (1-7 best)

Efficiency of air transport services

5.3 (1-7 best)

Efficiency of seaport services

5.1 (1-7 best)

Electricity access

99.0% of population

Electricity supply quality

15.2% of output lost

Exposure to unsafe drinking water

28.2% of population

Reliability of water supply

5.8 (1-7 best)

Digital Adoption Index

0.6 (0-1 best)

Mobile-broadband subscriptions

59.1 per 100 population

Fixed-broadband Internet subscriptions

4.3 per 100 population