GDP exceeds 1.284 billion dirhams in 2021

The national economy recorded a gross domestic product (GDP) in value of 1,284.2 billion dirhams (MMDH) in 2021, an increase of 11.4% compared to 2020, according to the High Commission for Planning (HCP) .

The corporate sector (financial and non-financial), the leading producer of national wealth, posted a slight improvement in its contribution to GDP, from 43.6% in 2020 to 44.2% in 2021, specifies the HCP in a note information relating to the national accounts of the institutional sectors for the year 2021.

The contribution of households and non-profit institutions serving households (NPISH) stood at 29.7% of GDP instead of 29.5% a year earlier, while the contribution of general government stood to 15.8% of GDP, instead of 16.8%, the same source said.

Taxes net of subsidies on production and imports recorded a gain of 0.2 points compared to 2020 to reach 10.3% of GDP.

At the same time, the HCP notes that the gross national disposable income (GNDI) increased by 12.2% to 1,371.7 billion dirhams. This development is due to the 25.5% increase in gross disposable income of corporations (financial and non-financial), 10.3% for households and NPISHs and 9% for general government.

Thus, the contributions of the institutional sectors to RNBD stood at 64.8% for households and NPISHs, 19.4% for general government and 15.8% for corporations (with 2.4% for financial corporations ).

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