Morocco Morocco Morocco (; ; ), officially the Kingdom of Morocco (; ), is a country located in the Maghreb of North West Africa with an area of . Its capital is Rabat, the largest city Casablanca. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, bordered to the east by Algeria and to the south by Mauritania. Morocco claims the areas of Ceuta, Melilla and Peñón de Vélez de la Gomera, all of them currently under Spanish jurisdiction. Since the foundation of the first Moroccan state by Idris I in 788 AD, the country
Economy of Morocco Economy of Morocco The economy of Morocco is considered a relatively liberal economy governed by the law of supply and demand. Since 1993, Morocco has followed a policy of privatization of certain economic sectors which used to be in the hands of the government. Morocco has become a major player in African economic affairs, and is the 5th largest African economy by GDP (PPP). The World Economic Forum placed Morocco as the 1st most competitive economy in North Africa, in its African Competitiveness Report 2014-2015. The services sector accounts for just over half of GDP and industry, made up of