Economic Freedom of the World
economic-freedom-of-the-world-2016
economic-freedom-of-the-world-2016
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Morocco<br />
Chapter 2: Country Data Tables • 129<br />
1980 1990 2000 2005 2010 2013 2014<br />
Rating (Rank) Rating (Rank) Rating (Rank) Rating (Rank) Rating (Rank) Rating (Rank) Rating (Rank)<br />
Summary Ratings (Rank) 4.42 (77) 5.20 (68) 6.14 (82) 6.42 (92) 6.50 (103) 6.47 (109) 6.42 (118)<br />
Rating (Data) Rating (Data) Rating (Data) Rating (Data) Rating (Data) Rating (Data) Rating (Data)<br />
Area 1. Size <strong>of</strong> Government 4.63 5.91 6.32 6.71 6.50 5.87 6.07<br />
A. Government consumption 5.51 (21.26) 6.12 (19.18) 5.10 (22.65) 4.48 (24.75) 4.87 (23.43) 4.71 (24.00) 4.47 (24.80)<br />
B. Transfers and subsidies 9.02 (4.10) 9.51 (2.30) 8.16 (7.25) 8.37 (6.48) 8.13 (7.35) 7.29 (10.43) 7.29 (10.43)<br />
C. Government enterprises and investment 2.00 (46.80) 8.00 (19.80) 8.00 (18.10) 10.00 (13.60) 8.00 (18.67) 8.00 (17.66) 8.00 (17.66)<br />
D. Top marginal tax rate 2.00 0.00 4.00 4.00 5.00 3.50 4.50<br />
(i) Top marginal income tax rate 2.00 (64) 0.00 (87) 4.00 (44) 4.00 (44) 5.00 (38) 5.00 (38) 6.00 (38)<br />
(ii) Top marginal income and payroll tax rate 5.00 (38) 2.00 (51) 3.00 (51)<br />
Area 2. Legal System and Property Rights 2.24 3.99 7.68 6.17 5.97 6.11 6.14<br />
A. Judicial independence 4.07 4.28 4.20 4.24<br />
B. Impartial courts 6.37 5.06 4.83 4.15 4.29<br />
C. Protection <strong>of</strong> property rights 6.26 5.62 6.42 6.15<br />
D. Military interference in rule <strong>of</strong> law and politics 6.67 6.67 6.67 6.67 6.67<br />
E. Integrity <strong>of</strong> <strong>the</strong> legal system 10.00 8.33 8.33 7.50 7.50<br />
F. Legal enforcement <strong>of</strong> contracts 4.30 5.09 5.09 5.09<br />
G. Regulatory costs <strong>of</strong> <strong>the</strong> sale <strong>of</strong> real property 7.65 6.97 7.30 7.49<br />
H. Reliability <strong>of</strong> police 6.65 5.34 6.44 6.44<br />
I. Business costs <strong>of</strong> crime 6.60 6.60 7.20 7.41<br />
Area 3. Sound Money 6.26 6.50 6.96 7.10 7.07 7.26 7.35<br />
A. Money growth 8.75 (6.25) 8.09 (9.57) 8.63 (6.84) 8.94 (5.29) 9.29 (3.56) 9.87 (0.65) 9.90 (0.48)<br />
B. Standard deviation <strong>of</strong> inflation 8.19 (4.52) 9.06 (2.36) 9.60 (0.99) 9.65 (0.86) 9.18 (2.05) 9.55 (1.14) 9.59 (1.03)<br />
C. Inflation: most recent year 8.11 (9.46) 8.87 (5.66) 9.62 (1.89) 9.80 (0.98) 9.80 (0.99) 9.62 (1.89) 9.91 (0.44)<br />
D. <strong>Freedom</strong> to own foreign currency bank accounts 0.00 0.00 0.00 0.00 0.00 0.00 0.00<br />
Area 4. <strong>Freedom</strong> to Trade Internationally 4.41 4.73 4.40 6.26 6.79 6.99 6.46<br />
A. Tariffs 1.43 4.78 3.19 4.74 5.55 6.13 6.83<br />
(i) Revenue from trade taxes (% <strong>of</strong> trade sector) 2.87 (10.70) 4.27 (8.60) 5.09 (7.36) 7.51 (3.73) 8.44 (2.34) 9.13 (1.30) 9.13 (1.30)<br />
(ii) Mean tariff rate 0.00 (54.00) 5.30 (23.50) 5.09 (7.36) 6.12 (19.40) 6.38 (18.10) 7.42 (12.90) 7.76 (11.20)<br />
(iii) Standard deviation <strong>of</strong> tariff rates 1.20 (22.00) 0.59 (23.52) 1.82 (20.45) 1.85 (20.38) 3.59 (16.02)<br />
B. Regulatory trade barriers 5.88 6.87 7.31 4.79<br />
(i) Non-tariff trade barriers 4.98 5.49 6.16 5.15<br />
(ii) Compliance cost <strong>of</strong> importing and exporting 6.78 8.24 8.45 4.42<br />
C. Black-market exchange rates 9.80 7.40 10.00 9.42 10.00 10.00 10.00<br />
D. Controls <strong>of</strong> <strong>the</strong> movement <strong>of</strong> capital and people 2.00 2.00 0.00 5.01 4.75 4.52 4.21<br />
(i) Foreign ownership/investment restrictions 7.07 6.30 7.17 6.23<br />
(ii) Capital controls 2.00 2.00 0.00 0.77 0.77 0.77 0.77<br />
(iii) <strong>Freedom</strong> <strong>of</strong> foreigners to visit 7.20 7.19 5.62 5.62<br />
Area 5. Regulation 4.55 4.90 5.36 5.84 6.15 6.12 6.06<br />
A. Credit Market regulations 5.69 6.09 7.32 7.74 7.40 7.00 7.09<br />
(i) Ownership <strong>of</strong> banks 5.00 5.00 5.00 5.00 5.00 5.00 5.00<br />
(ii) Private sector credit 6.38 5.26 7.95 9.21 9.20 8.00 8.26<br />
(iii) Interest rate controls (negative real interest rates) 8.00 9.00 9.00 8.00 8.00 8.00<br />
B. Labor Market regulations 3.65 4.52 4.54 4.33<br />
(i) Hiring regulations and minimum wage 0.00 1.10 1.10 0.00<br />
(ii) Hiring and firing regulations 5.30 5.08 4.47 4.86<br />
(iii) Centralized collective bargaining 7.50 6.65 7.40 6.82<br />
(iv) Hours regulations 6.00 8.00 8.00 8.00<br />
(v) Mandated cost <strong>of</strong> worker dismissal 2.12 5.29 5.29 5.29<br />
(vi) Conscription 1.00 1.00 1.00 1.00 1.00 1.00 1.00<br />
C. Business regulations 6.12 6.52 6.81 6.77<br />
(i) Administrative requirements 3.56 3.86 4.36 4.21<br />
(ii) Bureaucracy costs 5.40 4.90 4.90 4.90<br />
(iii) Starting a business 9.26 9.42 9.55 9.58<br />
(iv) Extra payments/bribes/favoritism 5.08 4.70 5.29 4.84<br />
(v) Licensing restrictions 7.42 8.91 9.38 9.43<br />
(vi) Cost <strong>of</strong> tax compliance 5.99 7.33 7.40 7.63<br />
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