or 2001. Formidable long-term
challenges include: servicing the external debt; preparing the
economy for freer trade with the EU; and improving education and
attracting foreign investment to boost living standards and job
prospects for Morocco's youthful population.

GDP: purchasing power parity - $105 billion (2000 est.)

GDP - real growth rate: 0.8% (2000 est.)

GDP - per capita: purchasing power parity - $3,500 (2000 est.)

GDP - composition by sector: agriculture: 15%

industry: 33%

services: 52% (1999 est.)

Population below poverty line: 19% (1999 est.)

Household income or consumption by percentage share: lowest 10%:
2.6%

highest 10%: 30.9% (1998-99)

Inflation rate (consumer prices): 2% (2000 est.)

Labor force: 11 million (1997 est.)

Labor force - by occupation: agriculture 50%, services 35%, industry
15% (1999 est.)

Unemployment rate: 23% (1999 est.)

Budget: revenues: $9.6 billion

expenditures: $8.6 billion, including capital expenditures of $2.1
billion (2001 est.)

Industries: phosphate rock mining and processing, food processing,
leather goods, textiles, construction, tourism

Industrial production growth rate: 0.5% (1999 est.)

Electricity - production: 13.695 billion kWh (1999)

Electricity - production by source: fossil fuel: 89.19%

hydro: 10.81%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 13.441 billion kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 705 million kWh (1999)

Agriculture - products: barley, wheat, citrus, wine, vegetables,
olives; livestock

Exports: $7.6 billion (f.o.b., 2000 est.)

Exports - commodities: phosphates and fertilizers, food and
beverages, minerals

Exports - partners: France 35%, Spain 9%, UK 8%, Germany 7%, US 5%
(1999)

Imports: $12.2 billion (f.o.b., 1999 est.)

Imports - commodities: semiprocessed goods, machinery and equipment,
food and beverages, consumer goods, fuel

Imports - partners: France 32%, Spain 12%, Italy 7%, Germany 6%, UK
6% (1999)

Debt - external: $18.4 billion (2000 est.)

Economic aid - recipient: $565.6 million (1995)

Currency: Moroccan dirham (MAD)

Currency code: MAD

Exchange rates: Moroccan dirhams per US dollar - 10.590 (January
2001), 10.626 (2000), 9.804 (1999), 9.604 (1998), 9.527 (1997),
8.716 (1996)

Fiscal year: calendar year

Morocco Communications

Telephones - main lines in use: 1.391 million (1998)

Telephones - m