Is Morocco a Poor Country?

Morocco is a country situated in North Africa. With a rich cultural heritage, and different landscapes. Morocco is a country with a diverse economy that has been growing positively in recent years. Despite it still faces challenges, Morocco is not considered a poor country.

The economy of Morocco is mainly based on agriculture, industry, tourism, and phosphate mining. The country is one of the leading producers of phosphate in the world. Morocco also has a flourishing tourism industry, attracting millions of tourists every year with its beautiful beaches, historic cities, and several cultures. In recent years, Morocco has made significant investments in infrastructure, education, and technology to diversify its economy and make more job chances.

Despite these efforts, Morocco still confronts some economic challenges. Morocco has high levels of idleness, especially among young people, and there is a significant income gap between the rich and the people whose income is below the poverty threshold. Moreover, the government has taken steps to address these issues. Looking ahead, chances of Morocco expects its capacity to implement structural reforms, consolidate education and healthcare, reduce inequality, and enhance a more inclusive economy.

The Moroccan dirham known as MAD is the official currency of Morocco. We can look at exchange rates, as of the latest data, 1 USD equals 10 MAD. And 1 EUR equals 11 MAD. As well, 1 GBP equals 13 MAD. 1 JPY equals 0.07 MAD. 1 INR equals 0.12 MAD. While Morocco has its share of economic challenges, it does not considered a poor country. With its growing economy and investment in infrastructure and education, Morocco is going to continue its development and improve the lives of its citizens. Book your Holiday to Morocco:

Morocco Tour Packages from Marrakech

Holiday Packages from Fes in Morocco

Travel Packages in Morocco From Casablanca

You may also like

3 Days Morocco Tour Package from Marrakech

Hit the sands of the Sahara with an adventure-filled experience in an itinerary through the High Atlas Mountains, to southern Morocco, head into Dades and Todra gorges then into the desert on a camel trek, including a night in a tent under the stars. Then get refreshed on Draa valley with the artsy thousand Palm trees surrounding the valley before you head into the Atlas mountiains and get back to Marrakech.
Read more

10 Days Morocco Holiday Package from Marrakech

This highlights tour checks off Morocco's top cultural and natural sites. Explore medieval architecture in Casablanca, wander the blue streets of Chefchaouen, and see the famous tanneries in Fes. Continue to the Sahara, see the desert city and spend a peaceful night under the stars, visit Ouarzazate then finish your trip in Marrakech, where vibrant markets, serene gardens, and lively nightlife await.
Read more

12 Days Tour Package to Morocco from Casablanca

Explore Morocco's imperial cities, mountains, and desert with this balanced 12-day trip starting and ending in Casablanca. Wander medieval medinas in Fes and Marrakech, explore the modern cities of Casablanca and Rabat, and adventure along old caravan routes in the desert. Spend a day hiking in the foothills of the High Atlas mountains before a dreamy night in Marrakech and Essaouira.
Read more

Contact us



    Tour Date


    +212661440880
    moroccoholidaydeals@gmail.com
    LOT ZITOUNA NO 121 ASKEJOUR Marrakech 40000

    © copy right 2024 Morocco Holiday Packages.

    menuchevron-down

    You cannot copy content of this page

    error: Content is protected !!