Morocco's economic sectors reflect the diversified and growing base of the economy. Its economy depends on output from the agricultural sector, rich fisheries, growing tourist and manufacturing industries, and a dynamic telecommunications sector.
In 1999, the agricultural sector accounted for 15 percent of the GDP and employed some 50 percent of the
|Country||Newspapers||Radios||TV Sets a||Cable subscribers a||Mobile Phones a||Fax Machines a||Personal Computers a||Internet Hosts b||Internet Users b|
|a Data are from International Telecommunication Union, World Telecommunication Development Report 1999 and are per 1,000 people.|
|b Data are from the Internet Software Consortium ( http://www.isc.org ) and are per 10,000 people.|
|SOURCE: World Bank. World Development Indicators 2000.|
Despite its diverse and vibrant economic base, Morocco's economic growth has been sluggish since the mid-1990s, mainly due to its dependence on rain-fed agriculture and other structural problems that affect economic performance, such as bureaucratic red tape and a soaring budget deficit. Recognizing these structural problems, the government has moved to deregulate the telecommunications sectors and to privatize several state-owned companies.