Market Intelligence Reports

Global Market Report Q4 2021

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56 Morocco Q4 2021 Total Labor Force (000s) 12,516 Employed Workers (000s) 11,040 Unemployed Workers (000s) 1,477 Unemployment Rate 11.8% 10,832 10,782 10,654 10,457 11,040 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 9.4% 10.5% 12.7% 12.5% 11.8% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 66% - First Vaccine Dose (December 2021) Covid Update Since late October, vaccine mandate for all private and public sector employees. 21% 31% 20% 0% 25% 50% 75% Employer Tax Profit Tax VAT Morocco Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $443 $597 $1.55 $0 $5 $10 $15 $0 $2,500 $5,000 $7,500 Average Wage Manufacturing Wage Minimum Wage Morocco Regional Average 29% 27% 27% 26% 16% 15% 15% 15% 46% 45% 45% 45% 0% 20% 40% 60% 2016 2017 2018 2019 2020 15-24 years 65+ years Total Labor Force Participation Rate by Selected Age Group Working Population (in Thousands) Over Time Unemployment Rate Over Time Labor Force Statistics ILOSTAT Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/ https://ec.europa.eu/eurostat https://www.hcp.ma/downloads/Activite-emploi-et-chomage-trimestriel_t13038.html

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